CCP Huaian Committee Leaders Met with President Xia Haijun

On April 8^th, in Hong Kong - the beautiful Pearl of the Orient, Liu Yongzhong, CCP Secretary of Huaian City Jiangsu Province and other leaders met with Doctor Xia Haijun, Vice-chairman of the Board of Directors and President of Evergrande Real Estate Group. Both parties communicated with each other extensively on the cooperation of relevant projects.

It s reported that Evergrande successfully expanded in Nanjing Jiangsu in 2006, and now is developing and operating such projects as Evergrande Noble Wonderland and Evergrande Oasis , with the total developed area over 1.3 million square meters. Based on the advanced development concept and mode, Evergrande Nanjing Co, Ltd has created a few first rankings in terms of construction area of individual project and construction area of project under construction in the Nanjing real estate sector, winning the admiration from the peers and the relevant functional departments.

Last year, the annual contract sales amount of Evergrande was up to 30.3 billion yuan, with an increase of 402.3% over the same period. In the first quarter of this year, as is shown in the information report on China Real Estate, Evergrande gained the tremendous success, ranking first in the national real estate sales area and second in the sales amount.

With the increasing strength of the Company, Evergrande has been constantly accelerating the expansion step in the secondary unit of Jiangsu.

During the communication at noon on April 8^th, Secretary Liu Yongzhong said, Buildings developed by Evergrande Real Estate Group in Nanjing have good quality which is obvious to all, establishing a model of prime real estate for the local real estate market. Huaian especially welcomes the investment from Evergrande, wishing Evergrande and CCP Huaian Committee together to make contributions to the acceleration of the development of Huaian.

Xia Haijun, Vice-chairman of the Board of Directors and President of Evergrande Real Estate Group, expressed that with the long history of over 2200 years, Huaian has enjoyed the reputation of Capital of Canal and Splendid County in the North and South . In recent years, under the leadership of CCP Huaian Committee and Huaian Government, according to the developmental thinking of expansion to the east and connection to the south, amalgamation of three cities and linkage of five regions , with the increasing urban planning, the comprehensive implementation of infrastructure construction, and the further expression of urban characteristics of Historic Ancient Town, Cultural Famous Town and Ecological Water Town , the beautiful Huaian has become a memorable land for the investment and development and a paradise for the pioneering and development of enterprises.

The good investment environment, the win-win cooperative mechanism and the extensive development potential have laid a firm foundation for Evergrande to invest in Huaian. It s hoped that under the joint efforts of both parties, Huaian can be developed into a modern city with prosperous economy, better-off life, good environment and civilized society.