Yuzhou Properties' Wholly-Owned Subsidiary Obtained Approval
for the Issue of Domestic Corporate Bonds by CSRC

(16 November, 2015, Hong Kong) Yuzhou Properties Company Limited ("Yuzhou Properties" or the "Company", together with its subsidiaries referred to as the "Group"; stock code: 01628.HK), the leading Fujian‐based property developer, is pleased to announce that, Xiamen Yuzhou Grand Future Real Estate Development Company Limited ("Xiamen Yuzhou Grand Future"), an indirectly wholly owned subsidiary of the Company established in the PRC, has received the approval from the China Securities Regulatory Commission (CSRC) to undertake public offerings of domestic corporate bonds to qualified investors with an aggregate principal amount of not more than RMB3 billion.

As assessed by Golden Credit Rating International Co., Ltd., the credit rating of the corporate bonds and Xiamen Yuzhou Grand Future are both AA. The proceeds from the issue of the corporate bonds will be used for repayment of debt and general working capital. The domestic corporate bonds are proposed to be listed on the Shanghai Stock Exchange.

Mr. Lam Lung On, Chairman of Yuzhou Properties, stated, "Xiamen Yuzhou Grand Future's obtaining the approval for the issue of domestic corporate bonds by CSRC helps the Company to diversify funding channels, lower financing costs and optimize debt structure, which will enable the company to embrace greater financial strength. In the future, Yuzhou Properties will pursue quality and balanced growth to ensure profitability of projects and interest of shareholders, and will maximize our corporate value."

About Yuzhou Properties
Yuzhou Properties Company Limited (01628.HK) is a leading property developer in the West Strait Economic Zone and is one of the largest property developers in Xiamen, in terms of land reserve and market share. Yuzhou Properties strives to become a leading property developer in China with a well-defined expansion strategy as to enhance its dominant market position in the West Strait Economic Zone and to establish footprints in the Yangtze River Delta Region and Bohai Rim Region respectively.

Established in 1994, Yuzhou Properties specializes in the development of high quality residential, retail and commercial projects. As at 16 November 2015, the Company had around 50 projects under various stages of development in Xiamen, Fuzhou, Quanzhou, Longyan, Shanghai, Hefei, Bengbu, Tianjin, Zhangzhou and Hong Kong. Sites measuring a total GFA of 9.18 million sq. m. are under development or held for future development. Those located in Xiamen measure a total GFA of 2.22 million sq. m and in Hefei measure a total GFA of 2.54 million sq.m. Known for its outstanding product quality and diversified product portfolio, strong brand awareness and its experienced management team, Yuzhou Properties has been named "Top 100 China Real Estate Enterprises" for ten consecutive years; and Top 50 China Real Estate Enterprises from 2011 to 2015. "Yuzhou" brand has been recognized by the State Administration for Industry and Commerce as a "Renowned Brand in China" and a "Famous Brand" by the Fujian provincial government and the Xiamen municipal government.

For more information about Yuzhou Properties, please visit the company's website: http://www.xmyuzhou.com.cn

Please feel free to contact us if you have any enquires:
Yuzhou Properties Company Limited (HKEX: 01628)
Manager of Corporate Finance & Investor Relations/
Assistant Manager of Corporate Finance & Investor Relations
Sophie Zhang/ Minnie Li
Tel ：(852) 2508 1718
Fax ：(852) 2510 0265
Email ：zhangsy3@xmyuzhou.com.cn/ minnie.li@xmyuzhou.com.cn

Wonderful Sky Financial Group Holdings Limited (HKEX: 01260)
Alice Wong / Sylvia Deng
Tel ：(852) 2851 1038
Fax ：(852) 2598 1588
Email ：alicewong@wsfg.hk/sylviadeng@wsfg.hk