Property

Jiayuan International Announces Positive Profit Alert

Substantial Increase in Profit for the Six Months Ended 30 June 2017

HONG KONG, Aug. 7, 2017 /PRNewswire/ -- Jiayuan International Group Limited ("Jiayuan International" or the "Group"; SEHK stock code: 2768.HK), an established Chinese property developer of both large-scale residential and integrated commercial complex projects, is pleased to announce that the Group expects to record an increase in revenue by approximately 30% to 40% for the six months ended 30 June 2017 ("the Period") as compared to the corresponding period in 2016. The Group also expects to record an increase in profit attributable to equity holders by approximately 30% to 40% during the Period.

The increase in the revenue and the profit attributable to equity holders was primarily attributed to the increase in the revenue recognized by the Group from the properties sold in previous financial years and delivered during the six months ended 30 June 2017.

About Jiayuan International

Jiayuan International is an established property developer of large-scale residential and integrated commercial complex projects in different major cities in the PRC. With over 20 years of experience in property development, The Group provides different property projects through comprehensive planning, high quality control, sophisticated operating systems and experienced professional teams to meet the needs of different regions and strengthen the Group's brand image. The Group has a portfolio of 25 property projects in the PRC, including 20 residential complex projects, 5 commercial complex projects covered Nanjing, Changzhou, Yangzhou, Taizhou, Taixing, Suqian, Siyang, Nantong and Zhenjiang as at 31 December 2016. The Group has successfully entered into the market of the Pearl River Delta in 2016, extending the business footprint to the major cities in Guangdong Province including Shenzhen.