[For Immediate Release]

Chuang's Consortium Joint Venture with Sino Land Won URA Site Bid
at Reclamation Street / Shantung Street

(Hong Kong, 19 December 2017) - Chuang's Consortium International Limited ("Chuang's Consortium" or "the Group") (HKSE: 0367) is pleased to announce that it has won the tender for the Reclamation Street / Shantung Street Project as tendered by the Urban Renewal Authority ("URA") in partnership with Sino Land Company Limited ("Sino Land") (HKSE: 0083).

The Group's management is delighted to express, "We are excited about the opportunities that lie ahead for this project, and will work closely with Sino Land and the URA to develop quality residential property."

The site is well located in the heart of the Mongkok district, neighbouring Langham Place. It covers an area of approximately 1,389 square metres. Upon completion, it is expected to provide a total residential gross floor area of about 10,424 square metres and 2,085 square metres of commercial gross floor area.

The acquisition will further broaden Chuang's Consortium's project portfolio, and fit into the vision of the Group in Hong Kong.

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About Chuang's Consortium International Limited (HKSE: 367)
Chuang's Consortium International Limited is an investment holding company principally engaged in property development, investment and trading, hotel operation and management, development and operation of cemetery, manufacturing, sales and trading of merchandises, money lending business as well as securities investment and trading. The Group is actively participating in real estate projects in different markets, and will continue to identify new business development opportunities, including land acquisition and property investment, in order to further expand its scope of business timely.