(May 11, 2018 – Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, is pleased to announce that Aoyuan and Henderson Land Group (“Henderson”) signed a strategic cooperation framework agreement to further strengthen the cooperation in the Guangdong-Hong Kong-Macau Big Bay Area (“Big Bay Area”).

       Under the agreement, Aoyuan and Henderson will establish a strategic and synergistic partnership for the development in the Big Bay Area, including but not limited to the joint development of high-quality real estate projects and redevelopment projects, as well as other new business ventures such as high technology. Henderson is a leading and well-established property developer in Hong Kong. Aoyuan, a pioneer in composite real estate in China, has achieved a full coverage of “9+2” cities in the Big Bay Area, with abundant resources and competitive advantages in land resources, talents, technology and networks.

       Aoyuan management commented that, Mr. Guo Zi Wen, Chairman of Aoyuan, and Mr. Guo Zi Ning, Vice Chairman and Chief Executive Officer of Aoyuan, met with Mr. Lee Ka Kit, Vice Chairman of Henderson in the Hong Kong headquarters of Henderson, and Aoyuan announced the joint cooperation on the Nitrogen Fertilizer Plant redevelopment project in Panyu, Guangzhou, in April 2018. Both parties have thereafter communicated closely for setting up further strategic partnership. By leveraging their respective advantages and resources, both parties will work alongside and seize the opportunities in the Big Bay Area, further strengthen the development in the region and achieve mutually beneficial and win-win cooperation.

From right to left: Mr. Guo Zi Wen, Chairman of Aoyuan, Mr. Lee Ka Kit, Vice Chairman of Henderson,

Mr. Guo Zi Ning, Vice Chairman and Chief Executive Officer of Aoyuan

From right to left, front row: Mr. Guo Zi Ning, Vice Chairman and Chief Executive Officer of Aoyuan,

Mr. Jack Leung, Vice President - Land Development of Henderson (China) Investment Co. LTD.

Aoyuan and Henderson signed a strategic cooperation framework agreement