Aoyuan was awarded as "Hong Kong Outstanding Enterprise 2011" for the second times
(6 Dec 2011 – Hong Kong) China Aoyuan Property Group Limited ("Aoyuan" or the "Group"; stock code: 3883.HK) won the "Hong Kong Outstanding Enterprise 2011" in the "Hong Kong Outstanding Enterprise Tour 2011" which was organized by the well-known financial magazine - "Economic Digest" in Hong Kong. This was the second times that Aoyuan won this award followed by the 2010 award.
The "Hong Kong Outstanding Enterprise" campaign was judged on the criteria such as outstanding growth performance, good corporate management and shareholders satisfaction, and the winners were selected from a number of Hong Kong listed outstanding enterprises which were worthy of recognition. To be awarded for the second times, it shows that the Group has established a good corporate image in the capital markets with accurate development strategy and unique development concept. Reputation and strength of the Group are affirmed by the Hong Kong media and financial professionals.
At the ceremony, Head of Investor Relations of the Group Miss Joyce Ho on behalf of the Group to receive the award and made a speech. She said: "In the past year, the real estate market in mainland was under the pressure of control policy. However, Aoyuan still recorded impressive sales performance. In the first three quarters of this year, contract sales of the Group reached approximately RMB$3.6 billion, dramatically increased about 76% as of the same period of last year. This increase was mainly due to the implementation of two-lane residential development strategy back in 2009. Sales of commercial real estate continued significant growth in revenue and the risk of residential development has been successfully balanced in the past two years. In addition, the concept of "to build a low-carbon healthy living" that Aoyuan is always advocating and the green image of a "real estate leader in low carbon" that Aoyuan has established also made the Group stand out among the peers and get high recognition from the market. In the future, Aoyuan will continue to develop innovative ideas and keep a strong financial position, strive to achieve sustained and stable growth and create long-term investment value for our shareholders. "
"Economic Digest" is a Hong Kong professional representative and authoritative financial magazine. The purpose of "Hong Kong Outstanding Enterprise" campaign is to recognize the companies with outstanding performance. This campaign has become a big annual event in Hong Kong"s financial sector. Winners of the campaign have become investment reference index for investors.