Property

Joy City Property Wins Four Honors in the Second ICSC China Shopping Centre Awards

HONG KONG, April 18, 2016 /PRNewswire/ -- Joy City Property Limited ("Joy City Property" or the "Company", HKEx Code: 0207) is pleased to announce that the Company has scooped two gold and two silver awards in the Second ICSC China Shopping Centre Awards, whose prize-presentation ceremony was held in Shanghai, China. The four honours represented the highest number of awards won by one company in the competition.

The awards won include a gold award for the Department of Business Administration's Passenger Flow Forecasting System in the Emerging Technologies category, a gold award for Chengdu Joy City's movie theme exhibition of Warcraft in the Marketing category, a silver award for Chaoyang Joy City's Themed Street District in the Research and Design category and a silver award for Yantai Joy City's New Media Marketing Project in the Emerging Technologies category.

The ICSC China Shopping Centre Awards are organized by the International Council of Shopping Centres (ICSC), the largest trade association of the shopping center industry in the world. The awards are aimed at recognizing excellence and innovation in China's retail property sector in terms of marketing, use of social media, design and development.

Mr. Zhou Zheng, Vice President of COFCO and Chairman and General Manager of Joy City Property Limited, said: "The ICSC China Shopping Centre Awards is one of the most influential awards in the industry. This year, Joy City carries off four awards, surpassing its achievement of last year when it won two awards in the same competition. This has demonstrated again the industry's recognition of Joy City and its excellence and leading position."

About Joy City Property Limited

Joy City Property is a commercial property listing company under COFCO Corporation, business of which covering commercial property, residential property, hotel, tourism property and regional comprehensive development. With the enterprise commission of "providing premium landscaping living environment and high quality service, leading a modern and fashion life style, and gradually became a brand property leader with sustainable development capability in China", the Company successfully built an urban complex under the brand of Joy City with the principle concept of " juvenility, fashion, modern and taste", and developed various products, including the top-level scenery series integrated with excellent natural resources and buildings, international living community series gathering international life styles and Chinese spirit, urban boutique resident series facing to city elites, top-level high-end hotels with international influence, such as MGM Grand Sanya, Regis Sanya, Waldorf Astoria Beijing, Beijing W Hotel, and the National Tourist Holiday Resort in Yalong gulf, Sanya with the reputation of "Oriental Hawaii", which formed a gorgeous property territory with rich formats, perfected product categories and balanced capital structure.