Moving Forward to 2030

Looking at CNY Exchange Rate

Published on January 30 2016

Observation : Singapore dollar is pegged against a concealed basket of currencies of Singapore's major trading partners and competitors. I notice that China Central Bank has been moving towards the same approach in steps in the last 8 months. The greenback...

Jacky Chan, vice president of Aoyuan, released to SCMP reporters the following information : 1) 2016 contracted sales target aims at 15% growth year to year, that would be around RMB 17.5 billions. 2) The company looks forward for at least 11% net profit...

Contracted Sales of Shenyang Aoyuan : 2010 : 50,000 sqm 2011 : 110,000 sqm 2012 : 250,000 sqm 2013 : 160,000 sqm 2014 : 100,000 sqm 2015 : 100,000 sqm The land cost has only been RMB338 per sq meter floor area. However, population in the sub-urban district...

06/2014 With Jiaoling Yan Yuan Longevity Industrial Company, Aoyuan entered into a strategic cooperation agreement. 01/2016 With Jiaoling Local Government, Aoyuan signed an agreement to set up Jiaoling Aoyuan Longevity Food Cultivation and Processing...

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Ningdu Aoyuan Plaza

Published on January 14 2016

In the month of taking over the site. Second month after taking over the site. It seems to be Aoyuan will duplicate Liuyang Aoyuan Plaza in tens yearly at speed to develop residential & commercial mixed projects in the size 120,000 sqm to 150,000 sqm...

11 January 2016: Fitch Ratings has affirmed China Aoyuan Rating at 'B+'. The Outlook has been revised to Positive from Stable. The Outlook revision reflects the increase in Aoyuan's sales even as it remained disciplined about land acquisition and maintained...

Aoyuan took over the site in 2009 at a consideration RMB 640 millions with a down payment 50 millions and the rest be settled in three annual instalments bearing a yearly interest rate only 4.5%. Up to the end of 2015, contracted sale has scored in total...

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Additions to Land Bank in 2015

Published on January 2 2016

55% Hanlin Shangzhu Nanning (瀚林上築) GFA 74,300 55% Hanlin Mingmen Nanning (瀚林名門) GFA 142,900 55% Aoyuan Hanlin Brighton (奥园瀚林朗庭) GFA 112,300 55% Hanlin Huafu Bengbu (瀚林華府) GFA 325,600 19.25% Bengbu Hanlin Ginza (瀚林银座) GFA 135,900 100% Jiaxing Aoyuan (嘉興奧園)...

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Aomygod steps into Kunming

Published on December 23 2015

Aomygod entered into joint venture with Hao Hong Group of Kunming in 11/2015 and opened its first outlet in South West China in 12/2015. Aoyuan would not take part in property development business with Hao Hong. Aomygod is going to make use of Hao Hong's...

Deutsche Bank Markets Research arranged a group meeting for Aoyuan on Oct 22. * Average cost of borrowing has dropped to around 9%. * Management expects net gearing to be controlled at under 80% at end-2015. * Management expects FY15 cash collection ratio...