China Aoyuan Property Group Ltd awarded "The VII (2008) Guangdong Property Enterprises with Credibility Top 20"
Time:2008-04-17
(April 17, 2008 – Guangzhou) China Aoyuan Property Group Ltd. stock code: 3883) was jointly awarded "The VII (2008) Guangdong Property Enterprises with Credibility Top 20" by five essential financial institutes, including Industry and Commerce Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BC), China Construction Bank (CCB), and China Minsheng Banking Corp. Ltd (CMB). The Group was one of the four giant property enterprises who successively won the award for seven times. In the meantime, the Chairman of Board of China Aoyuan Property Group Ltd, Mr. Guo Ziwen, was granted "Individual with prominent credibility" by the organizers.
In the afternoon of April 17, 2008, the awarding ceremony of "The VII (2008) Guangdong Property Enterprises with Credibility Top 20" was held in Guangzhou Baiyun International Conference Hall. Guests from ICBC, ABC, BC, CCB (four state-owned commercial banks), CMB, and deputies of developers and media organizations attended the ceremony. Representatives of five financial organizations (ICBC, ABC, BC, CCB, and CMB) officially announced the nominees’ list of "2008 Guangdong Property Enterprises with Credibility Top 20". Aoyuan Group was one of the four giant property enterprises who successively won the award for seven times. The Chairman of Board of China Aoyuan Property Group Ltd, Mr. Guo Ziwen, was granted "Individual with prominent credibility" by the organizers.
Since successfully listed on the main board of the Stock Exchange of Hong Kong Ltd. (HKEx) in last October, China Aoyuan Group has successfully entered the global capital market and commenced a new era of "capital operation". The Group persists with trustworthy operation and keeps on upgrading the quality of products. Its effort earns trust from every sector of the society. Winning of the award this year well indicates that the outstanding credibility of the Group has been extensively recognized by financial institutes and consumers. It also demonstrates our leading position in the industry and predicts a brilliant future of development.
With seven years of development and perfection, the assessment of "Guangdong Property Enterprises with Credibility Top 20" is currently the most authoritative, lasting, and comprehensive list demonstrating the financial capacity, credibility and developing perspective of property enterprises. The assessment committee is formed by supervisors of house mortgage departments of each bank, with Director of each bank as chief examiner. Taking authoritative opinions, including those from government and utilizing quantity evaluation for "capital" and "credibility", based on large amount of data and records and under the principles of "authority, objectivity, reality", the result was finally put forward through material assessment, first screening, overall assessment, and final assessment. "Guangdong Property Enterprises with Credibility Top 20" is an annual event of Property and Financial Industry in Guangdong, serving as an important reference for house consumers and relevant government departments.

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