With a site area of approximately 60,100 sq. m., the land is conveniently located next to the Zhongshan Bus Station- Shaxi stop, which boasts a comprehensive transportation network. The Group plans to develop the site into a mid- to high-end commercial and residential complex that integrates mid- to high-rise residential buildings and commercial units. With its ground leveled, the project expects to commence construction in the first half of 2011 and will be launched for pre-sale in the fourth quarter of 2011.

Situated at the core of the southwestern part of Pearl River Delta, Zhongshan is a prominent city in the Guangdong Province with huge development potential. Aoyuan has already established a strong foothold in the city with the launch of Zhongshan Aoyuan residential project in the second half of 2010, which not only gained immense success in sales but also underscored the huge popularity of Aoyuan brand name among home-buyers in Zhongshan.

Mr. Guo Zi Wen, Chairman of Aoyuan, said, "Propelled by Zhongshan"s rapid economic growth, demand for residential properties in the city has been robust. Buyers" search for better living and bigger homes has driven the real estate market to grow further. The launch of Aoyuan"s first project in Zhongshan -- the first phase of Zhongshan Aoyuan – "Aoyuan Dadi" has achieved astounding success, which garnered several awards including "The China LivCom Project Award", "Healthy House Construction Pilot Site" and "The South China Quality Real Estate Benchmark 2010". It also testifies Aoyuan"s achievement in building low-carbon, environmentally-healthy properties and strengthens the Group"s brand awareness in Zhongshan. With Aoyuan"s successful bid of this prime land site, we are confident that it will bring about considerable returns to our shareholders via economics of scale and further solidify our growth strategy in the Pearl River Delta Region."