31 August 2017, Kaisa Group Holdings Limited (“Kaisa” or the “Company”, SEHK stock code: 1638, which together with its subsidiaries, is referred to as the “Group”), a property developer established in Shenzhen with a nationwide presence in China, is pleased to announce that the Group has ranked 18th in “2017 China’s Top Property Firms by Brand Equity” and 23rd in “2017 China’s Top Property Firms by Overall Strength” in “2017 China's Top 100 Real Estate Enterprises”. The Group has also won several awards such as “2017 China’s Top 10 Socially Responsible Property Firms”, “2017 China’s Top 10 Property Firms by Innovation” and “China’s Top 10 Property Firms by Professional Speciality (Urban Renewal)”. With improved financial results and great overall strength, the Group has made it to the list of China’s top 20 property firms again after it did so two years ago.
“2017 China's Top 100 Real Estate Enterprises” is jointly organized by EH Research, the well-known real estate research enterprise in China, China Real Estate Chamber of Commerce and some other organizations. The rating is a comprehensive, scientific, independent analysis and assessment of such aspects as the property firms’ size, profitability, innovation, growth potential and fulfilment of corporate social responsibility. The top 100 list is a result of the assessment of more than 60,000 property firms in the country. The rating is one of the most scientific, objective, and authoritative assessments of the industry.
Mr. Kwok Ying Shing, Chairman and Executive Director of the Group, said, “It is our honour to be ranked among the Top 20 real estate enterprises in China. As the Group has continued steady growth in the results of its operating performance and significantly enhanced its overall strength, the rating demonstrated the market’s recognition for Kaisa’s achievements and potential for further development. In the future, the Group will continue to increase its nationwide market penetration in the first-tier and key second-tier cities and strive to capture new opportunities arising from the national development.”