Interim Results Announcement 2010

(1)

Interim Results

(2)

Disclaimer

This presentation may contain forward-looking statements. Any such forward-looking statements are based

on a number of assumptions about the operations of the Evergrande Real Estate Group Limited (the

“Company”) and factors beyond the Company's control and are subject to significant risks and uncertainties,

and accordingly, actual results may differ materially from these forward-looking statements. The Company

undertakes no responsibility to update these forward-looking statements of events or circumstances that

occur subsequent to such dates. The information in this presentation should be considered in the context of

the circumstances prevailing at the time of its presentation and has not been, and will not be, updated to

reflect material developments which may occur after the date of this presentation. The slides forming part of

this presentation have been prepared solely as a support for oral discussion about background information

about the Company. This presentation also contains information and statistics relating to the China and

property development industry. The Company has derived such information and data from unofficial

sources, without independent verification. The Company cannot ensure that these sources have compiled

such data and information on the same basis or with the same degree of accuracy or completeness as are

found in other industries. You should not place undue reliance on statements in this presentation regarding

the property development industry. No representation or warranty, express or implied, is made as to, and no

reliance should be placed on, the fairness, accuracy, completeness or correctness of any information or

opinion contained herein. It should not be regarded by recipients as a substitute for the exercise of their own

judgment. Information and opinion contained in this presentation may be based on or derived from the

judgment and opinion of the management of the Company. Such information is not always capable of

verification or validation. None of the Company or financial adviser of the Company, or any of their

respective directors, officers, employees, agents or advisers shall be in any way responsible for the

contents hereof, or shall be liable for any loss arising from use of the information contained in this

presentation or otherwise arising in connection therewith. This presentation does not take into consideration

the investment objectives, financial situation or particular needs of any particular investor. It shall not to be

construed as a solicitation or an offer or invitation to buy or sell any securities or related financial

instruments. No part of it shall form the basis of or be relied upon in connection with any contract or

commitment whatsoever. This presentation may not be copied or otherwise reproduced.

This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities in the

United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to

registration or qualification under the securities laws of any such jurisdiction.

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Introduction of Presenters



Responsible for financial

management



Over 16 years of experience in

auditing, accounting and finance



MBA



Certified Public Accountant in HK

and US



Responsible for day-to-day

operations of the Company



Over 16 years of experience in real

estate development and

construction



MBA and Ph.D. in Industrial

Economics

Dr. HUI Ka Yan

Chairman

Mr. TSE Wai Wah, Parry

CFO & Executive Director

Dr. XIA Haijun, James

CEO, Vice Chairman



Founded the Company in 1996,

responsible for business strategies



Member of the 11th National

Committee of the Chinese People’s

Political Consultative Conference



Vice Chairman of China Enterprise

Confederation, China Enterprise

Directors Association, and China

Real Estate Association

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Agenda

1. Results Highlights

2. Operations Review

3. Financial Review

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Results Highlights - Company Overview

First-class National Accreditation in Architectural Planning and Design

First-class National Accreditation in Property Development

First-class National Accreditation in Project Construction

First-class National Accreditation in Property Management

First-class National Accreditation in Construction Supervision

Top 10 Property Developer in China for seven consecutive years,

covering the most provinces and municipalities in China

(7)

Results Highlights - Record-setting Financial Indicators



Revenue surged to RMB20.37 billion, up 1,142.0% year-on-year



Net profit rose to RMB2.50 billion, up 380.8% year-on-year



Newly-added GFA aggregated 22.21 million sq. m.; total land reserve reached

72.38 million sq. m.; we have 73 projects in 36 major cities



GFA under construction was 23.06 million sq. m.; 67 projects under construction,

of which 41 projects have begun pre-sale; GFA with pre-sale permits was 6.96

million sq. m. (among which GFA with pre-sale permits obtained but not yet sold

amounted to 2.67 million sq. m.)



Contracted sales was RMB20.98 billion, up 104.9% year-on-year; contracted GFA

sold was 3.34 million sq. m., up 54.7% year-on-year; No. 1 in China

(1)



Cash balance amounted to RMB18.49 billion

(1) Source: List of China Property Developers in Terms of Sales for 1H2010 jointly announced by China Real Estate Information Corporation and China Real Estate Appraisal

We made remarkable growth in both scale of operations and operating

performance amidst tightening policies; our strategy defines our success

(8)

(9)

0 20 40 60 80 100 120 140

Land Reserves and Development



Average land cost was RMB

519 /sq. m.



Projects of optimal scale, project GFA typically

ranges between

500,000 sq. m.

– 2,000.000

sq.m.

Additional Land Reserves in 1H2010 By

Region

(RMB bn)

Payable in

2H2010:

RMB6.54bn

Land Premium Payment

Schedule per Contract

Total Outstanding Land Premium RMB13.62 billion

Payable in

2011:

RMB5.96bn

Payable in 2012: RMB1.12bn No. Region Land Reserves in GFA (sq. m.) % 1 Guangdong 111,785 0.5% 2 Chongqing City 1,000,885 4.5% 3 Tianjin City 1,441,302 6.5% 4 Hubei 2,208,565 9.9% 5 Sichuan 2,975,019 13.4% 6 Liaoning 4,545,336 20.5% 7 Jiangsu 918,711 4.1% 8 Shanxi 798,299 3.6% 9 Guizhou 2,331,741 10.5% 10 Henan 1,618,876 7.3% 11 Jiangxi 527,734 2.4% 12 Hebei 616,286 2.8% 13 Shandong 2,380,136 10.7% 14 Shanghai 129,648 0.6% 15 Jilin 610,632 2.7% Total 22,214,955 100.0%



Early entry into 2

nd

_{- and 3}

rd

_{-tier cities and}

regions with great growth potential



89%

of projects are located in economically

developed provincial capitals and

municipalities

Newly-added GFA aggregated 22.21 million sq. m. with an average cost of RMB738/sq. m.,

mostly located in second- and third-tier cities

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0 6 12 18 24

Projects Under Construction

Pending for

pre-sales permits

16.1 mn sq. m.

GFA Under Construction

23.06 million sq. m.

Planned GFA with pre-sales permits: 2.67 mn sq. m.

GFA sold with pre-sales permits: 4.29 mn sq. m.

GFA with

pre-sales permits:

6.96 mn sq. m.

(Million sq. m.)

Through standardized operation, rapid development in a massive scale is achieved.

GFA under construction constituted 32% of land reserves

Standardized Sales Management

Ensure Effective Decision-making Ensure Correct Project Positioning & Speedy Design Decision Ensure Centralized Procurement

Ensure On-time Project Commencement

Ensure On-schedule Progress

Ensure Product Quality

Ensure Satisfactory Sales Results Strong Capabilities

Standardized Planning & Design

Standardized Use of Materials

Standardized Tender Process

Standardized Project Management

Standardized Quality Control

We have 73 projects in 36 major cities with a total GFA of 23.06 million sq. m. under construction

Rapid development model: 6-8 months from

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Strategic Alliance – Strong Cost Control System

to Build High Value-for-the-money Products

广东省建筑设计研究院

The Architectural Design And Research Institute Of GuangDong Province

Land Acquisition Centralized Bidding and Produrement Centralized Project Tender Standardized Design Kitchen Fittings Lifts

Bathroom Fittings Electrical Fittings

Electrical Appliances Overall Project Planning / Design

Construction Interior Design and Decoration



Standardized

use of materials



Centralized

procurement

significantly

lowers cost of

materials and

equipment



Ensure cost

efficiency and

quality by

partnering with

top suppliers



Centralized

bidding to

realize

economies of

scale



Standardized

design and

planning to

lower costs



Average cost

of

RMB519/m

2

Hi

gher

Pr

ofitabil

it

y

High value-for-the-money premium products continually

received nationwide recognition among buyers

As the standardized quality product chain matures, our strategic alliance network

consisting of over 300 top brands, further enhances our competitive cost advantage

Partnerships with Top Domestic and

(12)

Contracted Sales –

The Best Record in History for the Same Period

(RMB million)

(1). Source: List of China Property Developers in terms of sales for 1H2010 jointly announced by China Real Estate Information Corporation and China Real Estate Appraisal (‘000 sq. m.)

1H2008

1H2009

1H2010

1H2008

1H2009

1H2010

1,797

10,239

20,975

0 5,000

10,000

15,000

20,000

25,000

247 2,159

3,339

0

500 1,000

1,500

2,000

2,500

3,000

3,500

4,000

Contracted sales reached record high; No. 1 in China in terms of contracted sales GFA

(1)

Contracted sales was about RMB20.98 billion, contracted GFA sold was 3.34 million sq. m.,

and contracted ASP RMB6,282/sq. m.

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Changsha 16.0% Chongqing 13.1% Guangdong 10.7% Chengdu 9.9% Taiyuan 6.4% Shenyang 6.4% Wuhan & Neighboring Regions 5.8% Shijiazhuang 5.5% Hefei 5.5% Xi’an 4.7% Tianjin 2.7% Luoyang 2.6% Nanjing 2.5% Baotou 2.5% Kunming 2.3% Guiyang 1.9% Nanchang 1.7% Guangdong 27.3% Chengdu & Neighboring Regions 11.1% Chongqing 10.0% Wuhan & Neighboring Regions 8.7% Taiyuan 8.7% Kunming 6.7% Changsha 6.6% Nanjing 5.4% Xi'an 5.2% Tianjin 4.7% Shenyang 4.6% Hefei 0.8%

Contracted Sales - By Region

1H2009

1H2010

25 projects are on sale in 16 cities

41 Projects are on sale in 21 cities

Sales in 2

nd

_{- and 3}

rd

_{-tier cities as a % of sales reached close to 90%, which effectively}

reduced the Group’s exposure to from market volatility

Compared to the same period last year, number of projects on sale

increased from 25 to 41, number of cities increased from 16 to 21

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Contracted Sales - Overall Trend and Analysis for 1H2010

Enacted nationwide 15% discount strategy in response to austerity measures. Contracted ASP of RMB6,282/sq. m.

in 1H2010 represents a y-o-y growth of 32.5% compared to RMB4,743/sq. m. in 1H2009

(1) All months in 1H2010 except February (Chinese New Year)

The only major mainland property company to record

year-on-year and month-on-month growth in contracted sales

(15)

Cash Balance

Note: The Group’s cash balance in June was calculated on the basis of the PBOC’s exchange rate of HKD1: RMB0.8724 announced on 30 June 2010; Cash balance in May was calculated on the basis of PBOC’s exchange rate of HKD1: RMB0.8766 announced on 31 May 2010; Cash balance from December 2009 to

19.0

15.7 _15.1

21.0 _20.0

21.2

0

5

10

15

20

25 Jan

Feb

Mar

Apr

May

Jun

Cash Balance (HK$ billion)

Undrawn banking facilities of RMB25.24 billion and RMB5.79 billion of receivables from contracted sales.

Adding the cash balance of RMB18.49 billion, the Group has disposable cash balance of RMB49.52 billion

Adhering to the prudent “Cash is King” fiscal policy,

cash balance at 1H2010 stood at HK$21.19 billion

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1H2010

1H2009

Change

Revenue (RMB billion)

20.37

1.64 +1,142.0%

Gross profit (RMB billion)

4.95

0.55 +800.0%

Net profit (RMB billion)

2.50

0.52 +380.8%

Profit from core businesses excluding

investment properties appreciation and

financial guarantee write-back

(RMB billion)

1.94

0.15 +1,193.3%

Profit attributable to shareholders

(RMB billion)

2.33

0.50 +366.0%

Basic earnings per share (RMB)

0.16

0.04 +300.0%

Interest coverage ratio (times)

5.6

0.4 +1,300.0%

Selling & administrative expenses

(as % of revenue)

6.6%

46.7%

- 40.1p.p.

(18)

30 Jun 2010

31 Dec 2009

Change

Total assets (RMB billion)

79.42

63.07 +25.9%

Total Debt (RMB billion)

25.27

14.18 +78.2%

Equity attributable to

shareholders (RMB billion)

15.19

12.86 +18.1%

Net asset per share (RMB)

1.01

0.86 +17.4%

(19)

30 Jun 2010

31 Dec 2009

Change

Current Ratio (times) (Current asset∕

Current

liabilities excluding receipt in advance from

customers)

4.1

3.4 +20.6%

Quick Ratio (times) (Current assets excluding

inventory/ Current liabilities excluding receipt

in advance from customers)

1.7

1.2 +41.7%

Gearing ratio

(Total debt / Total assets)

31.8%

22.5%

Up 9.3p.p.

Net debt ratio (Net debt / Equity

attributable to shareholders)

43.3%

N/A

(20)

(RMB million)

Total Capitalization and Debt Maturity Schedule

(1) Cash included cash and cash equivalent and restricted cash

(2) Total capitalization was the sum of total debt and shareholders’ equity, shareholders’ equity included minority interest

30 June 2010 31 Dec 2009 (RMB million) Cash(1) 18,488.3 14,378.1 Short-term Loans Bank Borrowings 2,095.0 4,649.8 Structured Secured Loans - 1,709.9

Total Short-term Loans 2,095.0 6,359.7

Bank Loans 14,228.3 7,816.1

High Yield Bonds 8,949.9 -

Total Long-term Loans 23,178.2 7,816.1

Total Debt 25,273.2 14,175.8

Shareholders’ Equity(2) 15,653.6 13,157.1

Total capitalization(2) 40,926.8 27,332.9

2-5 Years

71.4%

>5 Years

0.6%

< 1 Year

8.3%

1-2 Years

19.7%

Debt Maturity Schedule as at 30 June 2010

Total Capitalization

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Gross Profit Analysis

5,192

5,767

6,282

Average Price of

Properties in

2009

Contracted sales

in 2H2009

Contracted sales

in 1H2010

(RMB/sq. m.)

Average price of properties delivered in 1H2010 and trend analysis

of contracted sales in 2H2009 and 1H2010

(22)

(23)

Cash Flow Forecasts for 2H2010

(RMB billion)

Note: Others mainly includes sales and marketing expenses, administrative expenses, business tax, LAT, enterprise income tax, lease

costs, management service costs and other costs

(24)

(RMB billion)

Cash Flow Forecasts for 2011

Note: Others mainly includes sales and marketing expenses, administrative expenses, business tax, LAT, enterprise income tax, lease

costs, management service costs and other costs

(25)

Planned Project Launches in 2H2010

As at 30 June 2010, GFA under construction was 18.68 million sq.m.,

41 projects are currently on sale, 23 new project launches are planned for 2H2010

Project launch plan in 2H2010

No. Actual or expected _{launch schedule} Project First phase saleable GFA_{(’000 sq.m.)}

1

July

Evergrande Metropolis Chengdu 150.6 2 Evergrande Oasis Jinan 126.7 3 Evergrande Metropolis Jinan 199.4 4 August Evergrande Shenyang Metropolis 211.1 5

September

Evergrande Shijiazhuang Oasis 246.1 6 Evergrande Huaian Metropolis 192.4 7 Evergrande Metropolis Wuhan 222.2 8 Evergrande Oasis Yichang 223.2 9 Evergrande Liaoyang Oasis 148.7 10 Evergrande Guiyang City 218.1 11 Evergrande Changchun Oasis 212.2 12

October

Evergrande Shenyang Palace 71.7 13 Evergrande Shijiazhuang Atrium 180.2 14 Evergrande Taiyuan Scenic Garden 234.0 15 November Evergrande Shenyang Bay 130.8 16

December

Evergrande Chongqing Atrium 263.4 17 Evergrande ZhongshanOasis 111.8

18 Evergrande Anshan Oasis 128.3

19 Zunyi Project 198.4

20 Evergrande JindezhengMetropolis 188.6

21 Evergrande Shijiazhuang Splendor 200.0

22 Evergrande Zhengzhou Metropolis 178.9

23 Evergrande Xinyang Metropolis 151.1 Total (as at 30 June 2010) 4187.9

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No Project Name City Land Area (sq. m.)

Land bank area

(sq. m.) Interest (%)

Guangdong Province

1 Evergrande Zhongshan Oasis Zhongshan 27,764 111,785 100

Chongqing City

2 Evergrande Chongqing Atrium Chongqing 388,394 1,000,885 100

Tianjin City

3 Evergrande Tianjin Splendor (Phase 3) Tianjin 821,638 276,200 100

4 Evergrande Tianjin Oasis Tianjin 870,004 1,165,102 100

Hubei Province

5 Evergrande Ezhou Splendor (Phase 2) Ezhou 977,736 1,152,417 100

6 Evergrande Wuhan Metropolis Wuhan 375,732 551,470 100

7 Evergrande Yichang Oasis Yichang 153,964 504,678 100

Sichuan Province

8 Evergrande Chengdu Scenic Garden Chengdu 974,663 483,114 100

9 Evergrande Chengdu Royal Scenic Peninsula Chengdu 1,060,061 2,491,905 100

Liaoning Province

10 Evergrande Shenyang Metropolis Shenyang 353,066 1,124,641 100

11 Evergrande Shenyang Palace Shenyang 72,970 203,927 100

12 Evergrande Liaoyang Oasis Liaoyang 422,936 1,427,199 100

13 Evergrande Shenyang Bay Shenyang 217,114 542,782 100

14 Evergrande Anshan Oasis Anshan 352,910 1,246,787 100

As at 30 June 2010

(27)

No Project Name City Land Area (sq. m.)

Land bank

area (sq. m.) Interest (%)

Jiangsu Province

15 Evergrande Huaian Metropolis Huaian 304,755 918,711 100

Shanxi Province

16 Evergrande Taiyuan Scenic Garden Taiyuan 342,259 798,299 85

Guizhou

17 Evergrande Guiyang City Guiyang 248,965 921,971 100 18 Guizhou Zunyi Project Zunyi 540,573 1,409,770 51

Henan Province

19 Evergrande Zhengzhou Metropolis Zhengzhou 126,730 962,126 100 20 Xinyang Project Xinyang 323,530 656,750 55

Jiangxi Province

21 Jindezheng Project Jindezheng 188,779 527,734 100

Hebei Province

22 Evergrande Shijiazhuang Atrium Shijiazhuang 171,198 616,286 58

Shandong Province

23 Evergrande Jinan Metropolis Jinan 134,118 429,026 100 24 Evergrande Jinan Oasis Jinan 678,556 1,951,110 100

Shanghai City

25 Shanghai Lujiazui Project Shanghai 32,970 129,648 84

Jilin Province

26 Evergrande Changchun Oasis Changchun 197,940 610,632 100

Total (as at 30 June 2010) 10,359,234 22,214,955

(28)

No Project Name City Land area

(sq.m.) GFA (sq. m.)

Total land bank area (sq. m.)

Interest (%)

Guangdong Province

1 Second Jinbi Garden Guangzhou 69,146 305,722 30,201 100

2 Third Jinbi Garden Guangzhou 145,978 _460,323 79,545 100

3 Jinbi Junhong Garden Guangzhou 36,357 _197,013 39,438 100

4 Evergrande Royal Scenic

Garden Foshan 543,528 1,059,855 497,250 60

5 Evergrande Scenic Garden Guangzhou 536,199 751,914 443,354 100

6 Evergande Guangzhou Oasis Guangzhou 111,048 484,693 337,622 100

7 Evergrande Foshan Metropolis Foshan 171,869 861,897 861,897 100

8 Evergrande Qinyuan Splendor Qinyuan 1,801,408 2,569,803 2,350,756 100

9 Evergrande Zhongshan Oasis Zhongshan 27,764 111,785 111,785 100

Chongqing City

10 Evergrande Chongqing

Splendor Chongqing 808,799 813,275 530,861 100

11 Evergrande Chongqing City Chongqing 316,329 1,167,151 861,825 100

12 Evergrande Chongqing Palace Chongqing 169,813 378,597 98,897 100

13 Evergrande Chongqing Oasis Chongqing 91,928 465,752 415,915 100 14 Evergrande Chongqing

Metropolis Chongqing 191,400 841,598 801,117 100

15 Evergrande Chongqing Atrium Chongqing 388,394 1,000,885 1,000,885 100

Land Reserves

(29)

(sq.m.) GFA (sq. m.)

Tianjing City

16 Evergrande Tianjin Splendor Tianjin 1,675,803 668,478 461,021 100

17 Evergrande Tianjin Oasis Tianjin 870,004 1,165,102 1,165,102 100

Hubei Province

18 Evergrande Ezhou Splendor Ezhou 1,742,809 2,010,674 1,840,612 100

19 Evergrande Wuhan Palace Wuhan 286,659 564,596 403,428 100

20 Evergrande Wuhan Oasis Wuhan 314,901 815,914 722,287 100

21 Evergrande Wuhan City Wuhan 370,692 849,449 710,855 100

22 Evergrande Wuhan Metropolis Wuhan 375,732 551,470 551,470 100

23 Evergrande Yichang Oasis Yichang 153,964 504,678 504,678 100

Sichuan Province

24 Evergrande Pengshan Splendor Meishan 1,491,632 1,281,306 1,027,057 100

25 Evergrande Chengdu Oasis Chengdu 142,145 629,449 344,625 100

26 Evergrande Chengdu City Chengdu 169,501 698,761 366,968 100

27 Evergrande Chengdu Scenic Garden Chengdu 974,663 483,114 483,114 100

28 Evergrande Chengdu Royal Scenic Peninsula Chengdu 1,060,061 2,491,905 2,491,905 100

Land Reserves

(cont’d)

(30)

(sq.m.) GFA (sq. m.)

Liaoning Province

29 Evergrande Shenyang Oasis Shenyang 602,130 2,291,000 1,938,267 100

30 Evergrande Shenyang City Shenyang 355,000 887,500 694,219 100

31 Evergrande Shenyang Metropolis Shenyang 353,066 1,124,641 1,124,641 100

32 Evergrande Shenyang Palace Shenyang 72,970 203,927 203,927 100

33 Evergrande Liaoyang Oasis Liaoyang 422,936 1,427,199 1,427,199 100

34 Evergrande Shenyang Bay Shenyang 217,114 542,782 542,782 100

35 Evergrande Anshan Oasis Anshan 352,910 1,246,787 1,246,787 100

Shaanxi Province

36 Evergrande Xian Metropolis Xian 78,574 303,816 133,296 100

37 Evergrande Xian Oasis Xian 207,175 600,971 468,409 100

38 Evergrande Xian City Xian 162,471 734,750 734,750 100

Jiangsu Province

39 Evergrande Nanjing Splendor Nanjing 983,033 1,108,766 833,857 100

40 Evergrande Nanjing Oasis Nanjing 137,097 299,554 147,643 100

41 Evergrande Qidong Splendor Qidong 5,978,624 11,957,045 11,957,045 100

42 Evergrande Huaian Metropolis Huaian 304,755 918,711 918,711 100

As at 30 June 2010

(31)

(sq.m.) GFA (sq. m.)

Yunnan Province

43 Evergrande Qunming Splendor Qunming 660,891 918,832 559,036 100

Inner Mongolia Autonomous Region

44 Evergrande Baotou Palace Baotou 437,925 1,666,068 1,666,068 100

Shanxi Province

45 Evergrande Taiyuan Oasis Taiyuan 691,764 1,848,044 1,524,699 100

46 Evergrande Taiyuan Metropolis Taiyuan 121,746 493,004 493,004 55

47 Evergrande Taiyuan Scenice Garden Taiyuan 342,259 798,299 798,299 85

Guizhou Province

48 Evergrande Guiyang Oasis Guiyang 146,825 309,918 171,809 100

49 Evergrande Guiyang City Guiyang 248,965 921,971 921,971 100

50 Guizhou Zunyi Project Zunyi 540,573 1,409,770 1,409,770 51

Anhui Province

51 Evergrande Hefei Palace Hefei 142,578 510,951 376,279 100

52 Evergrande Hefer City Hefei 310,929 822,453 822,453 80

Hunan Province (1)

53 Evergrande Changsha Palace Changsha 144,978 495,207 363,608 100

54 Evergrande Changsha Metropolis Changsha 185,376 828,806 645,058 100

(32)

(sq.m.) GFA (sq. m.)

Hunan (2)

55 Evergrande Changsha City Changsha 268,506 567,157 536,084 85

56 Evergrande Changsha Oasis Changsha 144,187 747,484 727,661 100

57 Evergrande Changsha Atrium Changsha 565,210 1,769,205 1,769,205 60

Guangxi Zhuang Autonomous Region

58 Evergrande Naninng Oasis Nanning 341,449 812,911 812,911 100

Henan Province

59 Evergrande Zhengzhou Oasis Zhengzhou 553,669 1,603,324 1,603,324 80

60 Evergrande Zhengzhou Metropolis Zhengzhou 126,730 962,126 962,126 100

61 Evergrande Luoyang Oasis Luoyang 892,080 3,164,544 3,164,544 100

62 Xinyang Project Xinyang 323,530 656,750 656,750 55

Jiangxi Province

63 Evergrande Nanchang City Nanchang 976,800 1,529,303 1,529,303 88

64 Evergrande Nanchang Oasis Nanchang 1,577,389 1,074,355 1,074,355 100

65 Jindezhen Project Jindezhen 188,779 527,734 527,734 100

Land Reserves

(cont’d)

(33)

(sq.m.) GFA (sq. m.)

Hebei Province

66 Evergrande Shijiazhuang City Shijiazhuang 245,414 905,979 905,979 100

67 Evergrande Shijiazhuang Splendor Shijiazhuang 666,667 666,667

666,667 85

68 Evergrande Shijiazhuang Atrium Shijiazhuang 171,198 616,286 616,286 58

Hainan Province

69 Evergrande Haikou Oasis Haikou 895,840 2,053,356 2,053,356 100

Shandong Province

70 Evergrande Jinan Metropolis Jinan 134,118 429,026 429,026 100

71 Evergrande Jinan Oasis Jinan 678,556 1,951,110 1,951,110 100

Shanghai City

72 Shanghai Lujiazui Project Shanghai 32,970 129,648 129,648 84

Jilin Province

73 Evergrande Changchun Oasis Changchun 197,940 610,632 610,632 100

Total (as at 30 June 2010) 38,609,079 81,082,214 72,384,757

(34)

No Region Project Area (sq. m.) Revenue (RMB million) % of total revenue 1 Guangdong

Evergrande Royal Scenic Garden 180,730 1,866.8 9.2%

2 Evergrande Scenic Garden 120,212 494.9 2.4%

3 Third Jinbi Garden 65 0.5 0.0%

4 Jinbi Palace - - 0.0%

5 Jinbi Bay - - 0.0%

6 Jinbi New City Garden 974.6 10.6 0.1%

7 Jinbi Junhong Garden 3,225.6 27.3 0.1%

8 Jinbi Century Garden 802.9 8.0 0.0%

9 Jinbi Atrium 185.2 1.1 0.0%

10 First Jinbi Garden 176.9 1.6 0.0%

11 Evergrande Guangzhou Oasis 120,779 1,298.6 6.4%

12 Evergrande Qinyuan Splendor 151,363 448.1 2.2%

13

Chongqing

Evergrande Chongqing Palace 123,376 862.9 4.3%

14 Evergrande Chongqing City 76,503 628.0 3.1%

15 Evergrande Chongqing Splendor 256,488 808.9 4.0%

16 Evergrande Chongqing Metropolis 122,269 215.3 1.1%

17 Evergrande Chongqing Oasis 112,994 291.4 1.4%

18

Changsha

Evergrande Changsha Palace 135,638 438.7 2.2%

19 Evergrande Changsha Metropolis 129,709 428.5 2.1%

20 Evergrande Changsha City 172,930 115.4 0.6%

21 Evergrande Changsha Oasis 33,546 81.2 0.4%

(35)

No Region Project Area (sq. m.) Revenue (RMB million) % of total revenue 22

Wuhan & neighboring region

Evergrande Wuhan Palace 47,096 433.9 2.1%

23 _{Evergrande Ezhou Splendor} _142,118 _430.8 _2.1% 24 Evergrande Wuhan City 223,515 500.4 2.5%

25 Evergrande Wuhan Oasis 227,320 183.0 0.9%

26

Chengdu & neighboring region

Evergranad Chengdu Oasis 162,459 635.1 3.1%

27 _{Evergrande Chengdu City} _116,813 _1,010.2 _5.0% 28 _{Evergrande Pengshan Splendor} _285,439 _1,012.0 _5.0% 29

Shenyang Evergrande Shenyang Oasis 90,596 578.0 2.9%

30 Evergrande Shangyang City 117,828 358.5 1.8%

31

Xian Evergrande Xian Metropolis 21,682 720.7 3.6%

32 _{Evergrande Xian Oasis} _14,031 _597.6 _3.0% 33

Nanjing Evergrande Nanjing Splendor 64,117 828.1 4.1%

34 Evergrande Nanjing Oasis 96,964 656.9 3.2%

35 Taiyuan Evergrande Taiyuan Oasis 109,389 1,296.8 6.4%

36 Tianjin Evergrande Tianjin Splendor 53,485 723.8 3.6%

37 Guiyang Evergrande Guiyang Oasis 168,877 490.7 2.4%

38 Qunming Evergrande Qunming Splendor 117,706 1,173.8 5.8%

39 Hefei Evergrande Hefei Palace 98,944 591.4 2.9%

Total 3,900,346.6 20,249.5 100%

(36)

No Region Property project Development phase Completion date GFA upon completion (sq. m.) % 1 Guangdong

Evergrande Royal Scenic Garden II & III Phase June 2010 172.5 4.0%

2 Evergrande Scenic Garden Phase I (Part)

Phase II (Part) June 2010 203.0 4.7%

3 Evergrande Qinyuan Splendor Phase I (Part) June 2010 219.0 5.0%

4 Evergrande Guanzhou Oasis Phase I June 2010 147.1 3.4%

5

Chongqing

Evergrande Chongqing Palace Phase I (Part)

6 Evergrande Chongqing Splendor Phase I (Part) June 2010 169.0 3.9%

7 Evergrande Chongqing City Phase I (Part)

8 Evergrande Chongqing Metropolis Phase I (Part) June 2010 40.5 0.9%

9 Evergrande Chongqing Oasis Phase I (Part) June 2010 49.8 1.1%

10

Changsha

Evergrande Changsha Palace Phase I (Part) June 2010 131.6 3.0%

11 Evergrande Changsha Metropolis Phase I (Part) June 2010 183.7 4.2%

12 Evergrande Changsha City Phase I (Part) June 2010 31.1 0.7%

13 Evergrande Changsha City Phase I (Part) June 2010 19.8 0.5%

14

Chengdu & neighbouring region

Evergrande Changsha Oasis Phase I (Part)

15 Evergrande Chengdu City Phase I (Part) June 2010 191.2 4.4%

16 Evergrande Pengshan Splendor Phase I (Part) June 2010 254.2 5.8%

(37)

No Region Property project Development phase

Completion date

GFA upon completion (sq.

m.) %

17

Wuhan & neighbouring region

Evergrande Wuhan Palace Phase I (Part)

18 Evergrande Wuhan City Phase I (Part) June 2010 138.6 3.2%

19 Evergrande Wuhan Oasis Phase I (Part) June 2010 93.6 2.2%

20 Evergrande Ezhou Splendor Phase I (Part)

21

Xian

Evergrande Xian Metropolis Phase I (Part) June 2010 170.5 3.9%

22 Evergrande Xian Oasis Phase I (Part) June 2010 132.6 3.1%

23 Hefei Evergrande Hefei Palace Phase I (Part) June 2010 134.7 3.1%

24

Nanjing

Evergrande Nanjing Splendor Phase I (Part) June 2010 265.2 6.1%

25 Evergrande Nanjing Oasis Phase I (Part) June 2010 151.9 3.5%

26 Guiyang Evergrande Guiyang Oasis Phase I (Part) June 2010 138.1 3.2%

27 Kunming Evergrande Kunming Splendor Phase I (Part)

28

Shenyang

Evergrande Shenyang Oasis Phase I (Part) June 2010 166.5 3.8%

29 Evergrande Shenyang City Phase I (Part) June 2010 36.6 0.8%

30 Tianjin Evergrande Tianjin Splendor Phase I (Part) June 2010 46.2 1.1%

31 Taiyuan Evergrande Taiyuan Oasis Phase I (Part) June 2010 206.1 4.7%

Total 4,346.8 100%

(38)

Contracted Sales – By Product Series

Mid-to-High and Mid-End Products as a % of sales was an appropriate level around 70%

(39)

Evergrande Splendor Qidong – Within One-Hour Radius

from the Greater Shanghai Metropolitan Area

Qidong, which is located near Shanghai

’

s Chongming Island, is ~70 km

away from downtown Shanghai. Shanghai–Chongming tunnel and bridge

(40)

Evergrande Splendor Qidong – Shanghai-Chongming-Qidong Expressway

South Leg: Shanghai-Chongming tunnel and bridge are fully operational

North Leg: Construction of Chongming-Qidong bridge commenced in late 2008 and the bridge is

expected to be completed in 2011

With the connection of Shanghai-Chongming-Qidong Expressway, the Evergrande Splendor Qidong

project will become part of the Greater Shanghai Metropolitan Area and

(41)

Evergrande Splendor Qidong – Market Potential



Located in Jiading district of Shanghai



ASP for villas: RMB29,000-33,000 per sq. m.

Gemdale Green World

Greenland City 21

Qixiu Garden City in Qidong



Located in Kunshan, north of Shanghai



ASP for villas: RMB10,000-16,000 per sq. m.



ASP for townhouses: RMB5,500-6,200 per sq. m.



Located in Qidong, development relatively small



ASP for villas: RMB8,500-9,500 per sq. m.



Evergrande’s superior quality and the

project’s unique coastal view will further

enhance the pricing power of the project

The current average selling price of villas located around the northern Shanghai Metropolitan Area is

approximately RMB15,000 per sq. m., indicating the significant profitability

(42)

Evergrande Splendor Qidong – Overall Project Positioning

World-class coastal city in the Greater Shanghai Metropolitan area, extra-large residential

community boasting best-in-class convention, sports and entertainment facilities.

Project facing ocean on three sides with a total GFA of 12 million sq. m.;

planned initial phase will have a GFA of 900,000 million sq. m. First phase’s GFA

(43)

International Sports Village that includes sports, dining, entertainment and

_{Educational Facilities – 50,000 sq. m.}

Venetian-Theme Hotel – 80,000 sq. m.

Convention Center – 20,000 sq. m.

Evergrande Splendor Qidong – Market Potential

Auxiliary facilities will occupy ~ 900 acres, major facilities will occupy ~ 700 acres

of site area with a GFA of 0.5 million sq. m. Major facilities include hotel, convention center,

(44)

• The planned construction site is from beach

reclamation



Foundational work such as piping, road

construction and drainage has also been

completed



Construction of auxiliary facilities such as

hotel and garden have commenced

Qidong Evergrande Splendor – Current Construction Status

(45)

Acquisition of Kaisa Plaza – Project Details

Architectural Rendering of Project



_{Total land area of 7,106 sq.m}



_{Total GFA 117,575 sq.m}



43-Storey



Premium Grade-A platinum standard configuration



Project commenced in July 2008, expected completion

by December 2010

Location of Project

Located in the Central Business District (CBD) of Zhujiang New City in Guangzhou, the project is planned as

a premium Grade-A office building for high-end customer as corporate headquarter

(46)



Located at No. 28, Huaxia Road, Zhujiang New

City



ASP: RMB28,000/sq. m.



Located at intersection of Guangzhou Da Dao

and Huangpu Da Dao, Zhujiang New City



ASP: RMB24,000/sq. m.



Located at No. 30, Huaxia Road, Zhujiang New

City

