Beijing Capital Juda Announces the Interim Results
for the Six Months ended 30 June 2015

(HONG KONG- 10 Aug, 2015) Beijing Capital Juda Limited ("Beijing Capital Juda", stock code: 1329, a subsidiary of Beijing Capital Land (a leading integrated property developer in China), today is pleased to announce the interim results for the six months ended 30 June 2015. During the period, revenue from continuing operation amount was RMB215,225,000, profit from continuing operation amount to RMB282,414,000 (loss for the corresponding period in 2014: RMB5,324,000) during the period, which is attributable to the gain on bargain purchase of RMB259,996,000 of Xi'an First City Project acquired through the acquisition of interests in a subsidiary during the period. Together with a profit of RMB19,465,000 from the sale of discontinued petrochemical business, the gross profit for the period surged to RMB301,879,000 (loss for the corresponding period in 2014: RMB7,014,000).

During the first half of 2015, the Group has spared no effort to transform the principal business from petrochemical industry to developing integrated outlet property projects and commercial property projects in selected cities in the PRC. Following the acquisition of Xi'an First City Project the start of the year, the Group has also entered into a Land Use Rights Grant Contract with the Land Resources Department of Nanchang on 23 July this year, pursuant to which, the Group will acquire the land use right of a 130.48-mu land located in Xin Jian County, Nanchang city, at a consideration of RMB377 million. The Group plans to unleash a spate of development projects on the land, including large-scale integrated outlet properties, food and beverage, cinemas, shopping malls and other ancillary commercial properties. The completion date of these projects is expected to be July 2018 (details please refer to the circular dated 7 August 2015 of the Group).

As a leading business model of modern retail business, outlet is a large-scale shopping premise providing leisure shopping experience with a wide variety of discount stores of globally renowned brands. Hosting a panoply of brands, outlet brings a new lifestyle experience of international trend to the widest base of consumers through the most competitive prices. Its one-stop consumption ideology has received overwhelming recognition and response from consumers from diverse backgrounds.

The consumption expenses and brand awareness of consumers are on continuous rise due to the rapid economic growth of China, the tectonic shift in consumption pattern, higher level of brand recognition, larger consumer base of famous brands and rising demand of living and product quality. The present environment offers a golden opportunity for the construction and development of outlets and the Chinese market is set to become the leading outlet market on a global scale. With a strong focus on creating a cultural atmosphere of luxury brands, Beijing Capital Juda is committed to create an outlet brand that caters to the consumption habits of Chinese consumers with its standardized and professional services, rich resources and channels, diversified brand portfolio, enhanced operational standard and sensitivity to the practical needs of domestic consumers.

The Group believes that by leveraging on precise business positioning to fast track the development of integrated propertyand commercial property business, and with the strong support of Beijing Capital Land Ltd. and Beijing Capital Group Ltd., the ultimate holding company of Beijing Capital Juda (including the signing of Keepwell Deed and Deed of Undertaking of Equity Purchase by Beijing Capital Group to support the issuance of notes by the Group in the amount of RMB1.3 billion on 30 July 2015 in order to boost the operating capital of Beijing Capital Juda), during the second half of this financial year and afterward, the Group will continue to steam ahead towards the target of developing into one of the biggest market players of large-scale integrated outlet property and commercial property projects in the PRC.

- End -

About Beijing Capital Juda Limited ("Beijing Capital Juda")
(http://www.bcjuda.com )

Beijing Capital Land and its controlling shareholder Beijing Capital Group have completed the acquisition of Beijing Capital Juda (stock code:1329) in December 2013. Upon the close of the general offer on 20 December 2013, Beijing Capital Land and Beijing Capital Group became interested in 130,200,000 and 19,800,000 shares respectively, representing respectively 65.1% and 9.9% of the issued share capital of Beijing Capital Juda. Since completion of such acquisition, Beijing Capital Land has become the controlling shareholder of Beijing Capital Juda Following the successful acquisition of Xi'an First City at the beginning of this year and the ongoing outlets project in Nanchang, Beijing Capital Juda plans to leverage on Beijing Capital Land's experience and resource network in real estate development in China and its special advantages on integrated commercials development, and also focuses on the development of outlets-backed integrated properties and commercial properties projects so as to strengthen the strategic layout in the 17 targeted cities.

About Beijing Capital Land Ltd.("Beijing Capital Land")
(http://www.bjcapitalland.com)

Beijing Capital Land (stock code: 2868) is one of the leading integrated property developers in China. The company is principally engaged in developing mid- to high-end residential properties which are supplemented by prime commercial properties highlighting the prominent edge of its integrated operational ability in diversifying properties portfolio. In addition to various prime locations in Beijing, Beijing Capital Land also expanded into markets outside Beijing and has acquired land in Shanghai, Tianjin, Shenyang, Qingdao, Yantai, Xi'an, Chengdu, Chongqing, Wuxi, Huzhou, Kunshan and Hainan respectively since 2005. The Beijing Capital Group, one of Beijing's largest enterprises and under the direct supervision of the Beijing Municipal Government, is the parent company of Beijing Capital Land.

About Beijing Capital Group Co., Ltd. ("Beijing Capital Group") (http://www.capitalgroup.com.cn)

Beijing Capital Group Co., Ltd. is a large state-owned enterprise directly under the supervision of the Beijing SASAC. Since its reorganization in 1995, Beijing Capital Group has become a pioneer by persisting in reforms, making bold innovation and implementing pilot programmes. It keeps on improving its business structure, pressing ahead with management reform and reinforcing corporate governance. As a result, it has achieved leapfrog development in the market-oriented reform of state-owned enterprises, and made great contributions to the urbanization of the capital and other cities in China.

Through years of development, Beijing Capital Group has established its core business in the four fields of environmental protection, infrastructure, real estate, and financial services, with core competitive edges in capital operation, industry collaboration, innovation and R&D, international cooperation, etc. Headquartered in Beijing, the Group has a business network covering the whole country as well as overseas markets, five listed subsidiaries and one New Third Board listed company and has been recognized as one of China's top 500 enterprises for many consecutive years. It enjoys an outstanding brand awareness, reputation and wide social influence. In 2014, thetotal profit amounted to RMB 4 billion, which hit record high for two consecutive years, and the total assets amounted to over RMB 200 billion.

For further information, please contact