i. company profile ii. sales performance in august iii ...iii. land acquisition in august iv. new...

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852 2187 3619 [email protected] Suites 805-6, Champion Tower, 3 Garden Road, Central, Hong Kong http://www.modernland.hk/ 852 3902 2100 01107.HK) Stock Information 2018 Annual Results Contact Us Contents I. Company Profile II. Sales Performance in August III. Land Acquisition in August IV. New Launches in August V. Awards Received in August VI. News in August VII. Investor Relations Event Calendar Mr. Cui Hanling Managing Director of Board Office [email protected] Mr. Kelvin Wong Investor Relations Director [email protected] Ms. Sylvia Deng Investor Relations Manager [email protected] Listing Date 12 Jul 2013 Closed Price (31/8/2019) HK$1.150 52-week Range HK$0.800~1.510 No. of Issued Shares 2.792 billion shares Market Cap HK$3.210 billion *Information as at: 31 August 2019 Revenue RMB7.027 billion Gross Profit RMB1.861 billion Profit for the Year RMB531 million Basic Earnings per Share RMB16.5 cents Diluted Earnings per Share RMB16.4 cents (01107.HK) Stock Information 2019 Interim Results Contact Us I. Company Profile Modern Land (China) Co., Limited (hereinafter referred to as the “Company” or “Modern Land”, together with its subsidiaries as the “Group”) is a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) from 12 July 2013 with Class 1 qualification in real estate development in the People’s Republic of China (the “PRC” or “China”).The Company was rated as one of top 100 China real estate enterprises for five consecutive years, and received the highest standard green rating certification from S&P and a “Green Finance Pre-issuance Stage Certification” from The Hong Kong Quality Assurance Agency in 2018, becoming the first mainland real estate stock company winning such honour. The Company was established on 11 January 2000 and has always been adhering to the development concept of “Technology Buildings and Quality Living”, sticking to the development philosophy of “Natural Simplicity, Harmonious Health, Simple Focus, and Endless Vitality” and focusing on the theme of “Action of Loving My Homeland” to bring home owners the sincere and real life experience and achieve positive economic and social benefits. The Company pours itself to a homeland of “Green Technology + Comfort & Energy-saving + Mobile Interconnecting Whole-life Cycle Communities”, successfully establishing “ΜΟΜΛ” as the iconic brand of green technology real estate operators in China. ΜΟΜΛ consists of four text graphics “Μ” “Ο” “Μ” “Λ”. Two “Μ” symbolise our home, “Ο” represents the origin of the universe and “Λ” stands for human. The left and right half of the pattern symbolise architecture and life respectively, which in turn provides a vivid interpretation for the concept of the Company of “Technology Buildings and Quality Life”. II. Sales Performance in August Contracted Sales in August at around RMB2,730.29 million Modern Land (01107.HK) announced that the contracted sales in August amounted to approximately RMB 2,730.29 million. The contracted sales of properties amounted to approximately RMB2,679.32 million, whereas contracted sales of car parking spaces amounted to approximately RMB50.97 million. Gross floor area (“GFA”) sold for properties was approximately 258,553 square metres ( “sq.m.” ), with an average selling price of approximately RMB10,363 per sq.m.. Aggregate contracted sales for the first eight months amounted to around RMB22,003.87 million, a 11.03% increase YoY. The contracted sales of properties amounted to approximately RMB21,803.38 million, whereas contracted sales of car parking spaces amounted to approximately RMB200.49 million. GFA sold for properties was approximately 2,086,998 sq.m., with an average selling price of approximately RMB10,447 per sq.m..

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  • 852 2187 3619

    [email protected]

    Suites 805-6, ChampionTower, 3 Garden Road,Central, Hong Kong

    http://www.modernland.hk/

    852 3902 2100

    (01107.HK) Stock Information

    2018 Annual Results

    Contact Us

    Contents

    I. Company Profile

    II. Sales Performance in August

    III. Land Acquisition in August

    IV. New Launches in August

    V. Awards Received in August

    VI. News in August

    VII. Investor Relations Event Calendar

    Mr. Cui HanlingManaging Director of Board Office

    [email protected]

    Mr. Kelvin WongInvestor Relations Director

    [email protected]

    Ms. Sylvia DengInvestor Relations Manager

    [email protected]

    Listing Date 12 Jul 2013

    Closed Price(31/8/2019)

    HK$1.150

    52-week Range HK$0.800~1.510

    No. of IssuedShares

    2.792 billion shares

    Market Cap HK$3.210 billion

    *Information as at:

    31 August 2019

    Revenue RMB7.027 billion

    Gross Profit RMB1.861 billion

    Profit for the

    Year RMB531 million

    Basic Earnings

    per ShareRMB16.5 cents

    Diluted Earnings

    per ShareRMB16.4 cents

    (01107.HK) Stock Information

    2019 Interim Results

    Contact Us

    I. Company Profile

    Modern Land (China) Co., Limited (hereinafter referred to as the “Company” or “ModernLand”, together with its subsidiaries as the “Group”) is a company listed on the MainBoard of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) from 12 July2013 with Class 1 qualification in real estate development in the People’s Republic ofChina (the “PRC” or “China”).The Company was rated as one of top 100 China realestate enterprises for five consecutive years, and received the highest standard greenrating certification from S&P and a “Green Finance Pre-issuance Stage Certification” fromThe Hong Kong Quality Assurance Agency in 2018, becoming the first mainland real estatestock company winning such honour. The Company was established on 11 January 2000and has always been adhering to the development concept of “Technology Buildings andQuality Living”, sticking to the development philosophy of “Natural Simplicity,Harmonious Health, Simple Focus, and Endless Vitality” and focusing on the theme of“Action of Loving My Homeland” to bring home owners the sincere and real lifeexperience and achieve positive economic and social benefits. The Company pours itself toa homeland of “Green Technology + Comfort & Energy-saving + Mobile InterconnectingWhole-life Cycle Communities”, successfully establishing “ΜΟΜΛ” as the iconic brandof green technology real estate operators in China. ΜΟΜΛ consists of four text graphics“Μ” “Ο” “Μ” “Λ”. Two “Μ” symbolise our home, “Ο” represents the origin ofthe universe and “Λ” stands for human. The left and right half of the pattern symbolisearchitecture and life respectively, which in turn provides a vivid interpretation for theconcept of the Company of “Technology Buildings and Quality Life”.

    II. Sales Performance in August

    Contracted Sales in August at around

    RMB2,730.29 million

    Modern Land (01107.HK) announced that the contracted sales in Augustamounted to approximately RMB 2,730.29 million. The contracted sales ofproperties amounted to approximately RMB2,679.32 million, whereas contractedsales of car parking spaces amounted to approximately RMB50.97 million. Grossfloor area (“GFA”) sold for properties was approximately 258,553 square metres( “sq.m.” ), with an average selling price of approximately RMB10,363 per sq.m..

    Aggregate contracted sales for the first eight months amounted to aroundRMB22,003.87 million, a 11.03% increase YoY. The contracted sales of propertiesamounted to approximately RMB21,803.38 million, whereas contracted sales of carparking spaces amounted to approximately RMB200.49 million. GFA sold forproperties was approximately 2,086,998 sq.m., with an average selling price ofapproximately RMB10,447 per sq.m..

  • III. Land Acquisition in August

    IV. New Launches in August

    The Company was awarded with 2 projects in August 2019 which are located in Xi’an International Trade & LogisticsPark and LongLi County, Qiannan Buyi and Miao Autonomous Prefecture, respectively:

    The project is located in the core land parcel of Xi’an International Trade & Logistics Park, which is 28 kilometresfrom Xianyang International Airport and 11 kilometres from Xi'an North Railway Station, and is close to ShuangzhaiStation along Metro Line 3 and several quality primary and secondary schools with abundant educational resources.

    Land parcel of the project is located in Longli County, Qiannan Buyi and Miao Autonomous Prefecture, which is 19kilometres from the core area of Nanming District, Guiyang City, and falls within Shuanglong area of Guiyang City.As the core area of Central Guizhou Economic Development Zone, this area is expected to be built into a onehundred million national airport-related economic demonstration zone by 2020. It is currently a key part of thedevelopment of Guiyang City as Longxi Avenue is to be completed soon.

    Moreover, the Company made further progress in entrusted construction operations as the Company was awarded withtwo quality entrusted construction projects recently. The Company will join hands with Shaanxi ZhongXing TimberScience & Technology Co., Ltd. (陝西中興林産科技股份有限公司) for cooperative development of the project in HanzhongCity, and with Hebei Qiao’an Real Estate Development Co., Ltd. (河北喬安房地産開發有限公司) for cooperativedevelopment of the project in Bazhou City, respectively. The Company strives to create green, healthy and better life stylefor more customers by leveraging its leading green technology level.

    Modern Shang Pin Xue Fu (Huzhou) ΜΟΜΛ

    In August 2019, Modern Shang Pin Xue Fu (Huzhou) project obtained positive results in innovation and starteddistribution by taking the opportunity of investment spillover in Shanghai, Suzhou and Hangzhou. Excellentperformance was recorded as a result of strong combination of prominent stance and large-scale online promotion andoffline distribution, which allowed the Company to make use of its first mover advantage.

  • IV. New Launches in August

    Modern City (Taiyuan) ΜΟΜΛ

    In the context of market downturn, emerging competitive projects and fierce market competition, the Company, byfollowing the strategy of retaining existing customers while exploring new buyers, implemented aggressive innovationby introducing the concept of cross-industry promotion on the occasion of Double Seventh Festival and 829, madecontinuous improvement and self-breakthrough, and channeled every effort to build South Central Science andTechnology City; a total of 2,336 groups of visits were arranged in August, and transaction volume was far ahead,

    standing out in Taiyuan market!

    Modern Yuanzhu (Zhangjiakou) MOMΛ

    Yuanzhu MOMΛ2#, 4# and 5# were launched successfully on 24 August 2019. In the context of substantial obstaclesand difficulties in relocation and obtaining certificates, staff members at all levels worked together and madebreakthroughs. In light of continuous downturn in the market of Greater Beijing Region, the project team conductedintensive research on Zhangjiakou market, and requested sales personnel to go out to attract customers, in order toexpand customer base and precisely identify target customers. On the day of launch, a total of 130 suites of houseswere sold, with a total sales amount of RMB240 million, marking a major victory at the beginning and overwhelmingthe city.

  • V. Awards Received in August

    Date Type Award Awarding Party

    August

    CompanyModern Land- 2019 TOP10 Influential Green Property

    DevelopersBoao Real Estate Forum

    CompanyModern Land- 2019 China’s TOP200 Property

    Developers by Comprehensive StrengthEH Consulting

    CompanyModern Land- 2019 China’s Property Developer

    Professional AwardEH Consulting

    Company Modern Land- 2019 China’s Best 10 Property Employer EH Consulting

    CompanyModern Land- 2019 China’s Top 20 Property Developers

    by Brand OperationEH Consulting

    CompanyModern Land- 2019 China’s Top 15 Property Developers

    by Product BrandEH Consulting

    CompanyModern Land- 2019 China’s TOP100 Property

    Developers by Brand ValueEH Consulting

    CompanyModern Land- 2019 China’s Best Green Property

    Developedr2019 (2nd) Leju Finance

    Annual Forum

    ProjectXiaogan Modern Shiguangli ΜΟΜΛ- Green Community

    Certification

    Green Community of China Real Estate

    Association

    ProjectXishan Shang Pin Wan ΜΟΜΛ- 2019 China Property

    Innovation Conference

    China Real Estate Business, China Real

    Estate Web, China Real Estate Think Tank

    CompanyModern Land- 2019 TOP10 Influential Green Property

    DevelopersBoao Real Estate Forum

    * The above awards were received by Modern Land and its associated companies

  • VI. News in August

    ‘Dinosaur No.3’will Go Global

    Recently, selection of Chinese project for the 7th Construction21 International “Green SolutionAward” organized by CHBA and Construction21 (China) has been officially launched and onlinepoll is available now. “Assembly Integrated Healthy Building - Dinosaur No.3” submitted byFirst Living Environment Tech., an affiliated enterprise of Modern Land has been included in theselection.

    The Company Made Progress in the First Half of 2019

    On 2 August, the board of directors of Modern Land (China) Co., Limited was pleased toannounce that based on the preliminary review of the Group’s unaudited consolidatedmanagement accounts for the six months ended 30 June 2019, it is expected that the Group willrecord an increase of around 30% to 50% in its consolidated net profit for the Period ascompared to the Group’s consolidated net profit recorded for the six months ended 30 June2018 (the “Corresponding Period”).

  • VI. News in August

    “Xiaogan Modern Shi Guang Li ΜΟΜΛ” was Recognized as “China Human SettlementEnvironment Green Community Co-Developed Project”

    On 7 August and 8 August 2019, “Xiaogan Modern Shi Guang Li ΜΟΜΛ” passed the fieldsurvey and review by the Experts Group for Green Community Co-Developed Project of ChinaReal Estate Association, and was recognized as “China Human Settlement Environment GreenCommunity Co-Developed Project”!

    Modern Land Establishes Strategic Cooperation with Ping An Urban Tech

    On 7 August, Modern Land and Ping An Urban Construction Technology (Shenzhen) Co., Ltd.(“Ping An Urban Tech”) held the signing ceremony in Shenzhen. Both parties intend tocommence cooperation in four areas, including technology ecosystem, green ecosystem, marketecosystem and finance ecosystem, to establish industrial benchmarks, empower another’sprojects and realize their principle of empowering the industry. Their cooperation is valued atover RMB10.7 billion.

  • 2019 China Property Strategic Summit is Held in Shanghai

    From 6 to 9 August 2019, the 2019 China Property Strategic Summit was held at The Ritz-CarltonShanghai. The four-day summit analysed the new thoughts of returning to the core for the propertyindustry. Modern Land was invited to the 2019 China Property Strategic Summit and was ranked53rd in 2019 China’s TOP200 Property Developers by Comprehensive Strength and 33rd in 2019China’s TOP100 Property Developers by Brand Value, and won 2019 China’s Property DeveloperProfessional Award, 2019 China’s Best 10 Property Employer, Top 20 Property Developers by BrandOperation and 2019 China’s Top 15 Property Developers by Product Brand.

    VI. News in August

    The 18th Boao Real Estate Forum is Held in Hainan

    From 6 to 9 August, the 18th Boao Real Estate Forum was held in Hainan. As the mostauthoritative, high profile and influential industrial forum of the largest scale in China’s realestate sector, the forum attracted the participation of over a thousand of professionals from theproperty and financial sectors and government associations. Modern Land was granted “ChinaReal Estate Fashion Award- China’s TOP 10 Influential Green Property Developers of the Year”.

  • The 4th MOMΛ Ambassador Appointment Ceremony is Held at the ConferenceRoom on 3rd Floor of Modern Land’s Headquarters

    In the afternoon of 14 August 2019, the 4th MOMΛ Ambassador Appointment Ceremony washeld at the conference room on 3rd floor of Modern Land’s headquarters.

    VI. News in August

    Interim Results of Modern Land: Stable and Robust

    On 14 August, Modern Land issued the 2019 interim report. As of 30 June 2019, Modern Landreported contracted sales of approximately RMB16.668 billion, an increase of approximately24.8% compared to the same period of 2018; gross profit margin was 26.5%, an increase ofapproximately 7 percentage points compared to the same period of 2018; revenue amounted toRMB7.027 billion, an increase of 44.6% year-on-year; net profit attributable to shareholders of thecompany was RMB531 million, an increase of 47% year-on-year. Basic earnings per share wasRMB16.5 cents, and distribution of dividend of HK$3.7 cents per share is proposed.

  • Modern Land Announces new Corporate Slogan- Technological Construction, GreenCommunity, Urban Beauty

    At the announcement on 17 August 2019, Mr. Zhang Peng, executive director and president ofModern Land, announced the new corporate slogan “Technological Construction, GreenCommunity, Urban Beauty”, promoting the new corporate mission for the new era.

    VI. News in August

    Modern Time - Modern ΜΟΜΛ Refreshing City Announcement is Held at BeijingMinsheng Art Museum

    On 17 August 2019, the Modern Time- Modern ΜΟΜΛ Refreshing City Announcement was heldat Beijing Minsheng Art Museum. Modern Land’s pursuit of a better life with green technologywas demonstrated at the announcement. In-depth dialogue related to green technology andreflection on the past were held.

  • “Be Friends with Neighbour” Activities are Held for Property Owners

    On 18 August, “Be Friends with Neighbour” activities were organised for property owners byModern Land Customer Service Centre and Beijing Regional Company. Under the theme of“Love our Homes, Love our Planet”, the property owners went on a tour to the latest projectof Modern Land Beijing Regional Company, Modern Xishan Shang Pin Wan ΜΟΜΛ.

    VI. News in August

    Modern Land Signs Contract with Shaanxi Zhongxing Timber

    On 19 August, Modern Land and Shaanxi Zhongxing Timber Science Technology Co., Ltd. held thesigning ceremony for the strategic cooperation in relation to Beijing Modern ΜΟΜΛ- Modern ChinaCircle. Both parties will commence cooperation on quality projects in Mian County, Hanzhong City,Shaanxi Province.

  • VI. News in August

    The 2019 National Basketball Game was Successfully Concluded

    Love My Home Operation – “Going Far, Running Deep and Winning Game” Modern Land2019 National Basketball Game Final was officially kicked off at the stadium of WuhanUniversity of Technology on 24 August 2019.

    The 2019 (Second) Annual Forum of Leju Financial was Held in Beijing

    The 2019 (Second) Annual Forum of Leju Financial was held in Beijing on 22 August with the theme of“New Cycle • New Track”, with an aim to discuss how industries could select “New Track” since thereal estate “New Cycle” in 2018. The China Real Estate Association was invited as the guiding unit forthe forum. During the forum, Modern Land was awarded with “2019 Best Green Real Estate Enterprise ofChina”.

  • 2019 China Property Technology Innovation Application Conference is Held in Xi’an,Shaanxi

    From 26 to 28 August, the 2019 China Property Technology Innovation Application Conferencewas held in Xi’an, Shaanxi. Mr. Chen Yin, executive director and chief technology officer ofModern Land, was invited to the conference and delivered a speech on the application of newproducts and technologies on residential projects.

    VI. News in August

    Modern Land Establishes Strategic Cooperation with Beyond EdTech

    On 27 August, Modern Land signed a strategic cooperation framework agreement with BeyondEdTech Limited (“Beyond EdTech”). Both parties established strategic partnership pursuantto principles of mutual benefits, mutual trust, honesty and equality.

  • 2019 China Property Innovation Conference is Held at Renaissance Beijing Capital Hotel

    On 29 August 2019, the 2019 China Property Innovation Conference, jointly organised by China RealEstate Business, China Real Estate Web and China Real Estate Think Tank, was held at RenaissanceBeijing Capital Hotel. Modern Land received the Embracing Era of Asset Management- 2019 ChinaProperty Innovation Conference Certification, while Xishan Shang Pin Wan MOMΛ was named GreenTechnology Demonstration Project of Property Footprint of Republic.

    VI. News in August

    Premiere of the Film “For Love with You” was Held

    Premiere of the film “For Love with You” was held on 29 August 2019. This film presented issuesincluding sustainable development and aging of population, which are in line with the industry trendand public benefit activities that Modern Land is committed to. As the strategic partner of this film,Zhang Peng, Executive Director and President of Modern Land attended the premiere.

  • No. Date Place Investor Relations Event

    1 21/8 Singapore Non-deal roadshow

    2 19/8-20/8 Hong Kong Non-deal roadshow

    3 22/5-24/5Xi’an, Taiyuan

    Analysts Reverse Roadshow

    4 23/4 Beijing Beijing Investors Reverse Roadshow, held by Barclays

    5 17/4 SuzhouSuzhou Investors Reverse Roadshow, held by Bank of America

    Merrill Lynch

    6 25/3 Hong KongGreen Finance Certification Scheme Presentation

    Ceremony cum Forum 2019

    7 28/3 Beijing The China Debt Capital Markets Summit 2019

    8 27/2-28/2 Singapore Citi 16th Asia Pacific Investors Summit

    9 8/1 Hong Kong Barclays Asia Investors Summit

    VII. Investor Relations Event Calendar (01107.HK)