Jinan Party and Government Leaders Visiting Evergrande and High Praising Its Boutique Strategy and Corporate Strength

On August 25, 2010, Mr. Yan Rongzhu, the Member of the Standing Committee of CPC Shandong Provincial Committee and the Secretary of CPC Jinan Municipal Committee, headed a party and government delegation composed of leaders from the Jinan Party Committee, Congress, Government, Political Consultative Conference and Discipline Inspection Committee to visit Evergrande Real Estate Group, Evergrande Scenic Peninsula and Evergrande Hotel accompanied by Professor Xu Jiayin, Chairman of the Board of Directors of the Group, Dr.

Xia Haijun, Vice-Chairman of the Board of Directors and President, and Vice-Presidents Xu Xiangwu, He Miaoling, Lin Manjun, Li Guodong, Peng Jianjun and Wang Chuan.

Accompanied by Professor Xu Jiayin, Chairman of the Board of the Directors of the Group, the delegation made the on-the-spot investigation on the project of Evergrande Scenic Peninsula, visited the gardens, model houses and the support living facilities such as the Evergrande Hotel and sports center, and listened carefully to the relevant introductions.

The leaders all marveled at the project s wonderful utilization of the unparalleled river view and spoke highly of the original architectural style, the world-class royal gardens, the international support facilities and the international 9A standard decoration.

During the investigation and the meeting, friendly exchange was conducted between the two parties. Chairman Xu Jiayin extended first his warm welcome to the delegation leaders and expressed his appreciation of Jinan s great efforts to create for enterprises a favorable investment environment in recent years.

According to Mr. Yan Rongzhu, the member of the Standing Committee of CPC Shandong Provincial Committee and the Secretary of CPC Jinan Municipal Committee, Mr. Zhang Jianguo, Deputy Secretary of CPC Jinan Municipal Committee and Mayor of the Jinan People s Government, and other leaders, as a leading enterprise in the industry, Evergrande is well-known for its rapid development and solid strength, and this visit deepened their understanding of Evergrande. Jinan welcomes the enterprises with solid strength like Evergrande to invest and develop the business here.

It is reported that Evergrande has launched two large projects, Jinan Evergrande Oasis and Jinan Evergrande Metropolis since its entering into the Jinan market this year, providing the local people with high-quality and cost-effective properties. It has created the new development records of Jinan and even Shandong with the development period as short as five months and the monthly sales amount as high as 1.1 billion yuan.