The Management Link Meeting between Evergrande Group and Shenzhen Construction Group Was Held Successfully

On February 18, the management link meeting between Evergrande Group and Shenzhen Construction Group was held at the Headquarter of Guangzhou Evergrande Hotel successfully. Professor Hui Ka Yan, Chairman of the Board of Directors of Evergrande Group, Dr. Xia Haijun, Vice-chairman of the Board of Directors and President, Li Gang, Vice-chairman of the Board of Directors and Executive Vice President, and other senior managers interacted and exchanged with the leaders and managers of Shenzhen Construction Group in a cordial and friendly atmosphere.

Both parties reached an agreement on the merge prospect, management link, development goal and other issues.

The site of the management link meeting between Evergrande Group and Shenzhen Construction Group

As early as January 15, Evergrande Group obtained 71% stock rights of Shenzhen Construction Group at the price of 1.664 billion yuan in Shenzhen United Assets and Equity Exchange. This means that Evergrande has formally started the development in Shenzhen, a first-tier city in the country, gaining another strategically important area on the nationwide territory, and at the same time means that Shenzhen will rely on the wide platform of Evergrande to usher in new development opportunity.

Professor Hui Ka Yan, Chairman of the Board of Directors, made an important speech at the meeting.

In the management link meeting, Chairman Hui affirmed the significance of merger of Evergrande Group and Shenzhen Construction Group This is a new start for both parties. He also pointed out that the merger of both parties is not only the merger of talents, but also the merger of development platforms.

In addition, Chairman Hui introduced the development situation of the Company to the attendees, and hoped that all the people from Evergrande make joint efforts to brighten the brand of Evergrande in the Shenzhen market, and consolidate the industrial position of Evergrande as a leading real estate enterprise in China.

Chairman Wang Zhongming, on helaf of Shenzhen Construction Group, made a speech.

The management delegates of Shenzhen Construction Group visited the exhibition hall of Evergrande Group.

During the meeting, Chairman Wang Zhongming, on helaf of Shenzhen Construction Group, made a speech, expressing his expectation and vision on the development prospect of the Company. After the meeting, under the leadership of Vice-president Xu Wen, the management delegates of Shenzhen Construction Group visited the exhibition hall of Evergrande Group and the project of Evergrande Royal Scenic Peninsula, further deepening the understanding on the development history and the high quality products of Evergrande.

Dr. Xia Haijun, Vice-chairman of the Board of Directors and President, made a speech at the evening party.

On that evening, on behalf of the Group, Dr. Xia Haijun, Vice-chairman of the Board of Directors and President, entertained the managers of Shenzhen Construction Group in Guangzhou Evergrande Hotel, and made an ebullient speech.