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Evergrande ranks the Second in 2016 Top 500 Chinese Real Estate Companies for the Sixth Consecutive Year

 Date:2016.03.23   Publisher:Evergrande Group

On March 22, "2016 China Top 500 Real Estate Developing Companies Evaluation Result Conference & Summit" co-sponsored by China Real Estate Association and China Real Estate Assessment Center was held in Beijing. Evergrande was listed at the second place of Top 10 Chinese Real Estate Developing Companies with Greatest Comprehensive Strength for the sixth consecutive year, and listed at the first place in 5 sub-lists, making a record of taking the most first places in single index.

Evergrande’s sales volume in 2015 amounted to RMB 201.34, with year-on-year growth of 53.1% -- ranked first in China, achieving continuous growth of sales performance for 7 years since listed; sales area of the whole year amounted to 25,512,000 square meters, with year-on-year growth of 40.2%; Evergrande fulfilled 111.9% of its annual goals and continuously occupied the first place of “Top 10 Comprehensive Development Enterprises” by virtue of its quick and stable development.

In the meantime, Evergrande continuously occupied the first places of “Top 10 in City Coverage”, “Top 10  Tourism Real Estate”, “Top 10 in Innovation Ability” and “Top 10 of Responsible Real Estate” with more than 400 projects in more than 170 cities, and excellent performance in comprehensive development of cultural tourism, innovation of marketing financing, implementation of social responsibilities and so on.

The evaluation report indicated that the real estate market and industry in 2015 further demonstrated the pattern of differentiation: On the one hand, there is differentiation between regions. The growth in the eastern region was higher than those in the central and western regions. The market of the first-tier cities recovered significantly and the market of the second and third-tier cities recovered structurally, but the overall market of the four-tier cities declined; on the other hand, the performance of the real estate enterprises was further differentiated, and the influence of enterprise's brand effect on the market was increasing. Due to such differentiation of the market and industry, the growth of some enterprises exceeded the average level of the industry, while some enterprises were forced to make greater efforts in enterprise innovation and transformation.

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