(26 Aug 2015 – 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 the Company has signed a three-year US$100 million loan agreement with Nanyang Commercial Bank, laying a solid foundation for its steady business development.

The loan agreement will bear interest at the rate of 3 months LIBOR plus 6.5% per annum. The proceeds are expected to be used for refinancing of the Company’s debts and for general working capital purposes.

Aoyuan commented, “Aoyuan has maintained long term business relationship with Nanyang Commercial Bank over the years. This loan facility has not only further optimized our debt structure, but has also demonstrated the bank’s recognition on Aoyuan. Looking ahead, we will continue to maintain prudent financial management and steadily facilitate the business development, thus delivering fruitful returns to our shareholders.”