Investor Presentaiton

1H2021 Results overview Sustained sales and delivery growth • • • DA 调 Property contracted sales in 9M2021 up 18% yoy to RMB98.5bn Revenue up 15% yoy to RMB32.5bn Net profit was RMB2.8bn, net profit margin was 8.7% Core net profit was RMB2.9bn, core net profit margin was 8.8% Prudent landbank replenishment Adhered to prudent landbank replenishment while leveraging its traditional strengths in M&A, urban redevelopment, etc. with a focus on tier 1&2 cities Over RMB17.8bn of newly added saleable resources in 1H2021, tier 1&2 accounted for 92% Stable cash collection rate Ample liquidity Cash collection rate was stable at 87% Total cash was RMB68.3bn, covering 1.3x of short-term debt Accelerating conversion of urban redevelopment Refinancing arranged in advance . • • Publicly issued US$738mn offshore senior notes and RMB1.82bn onshore corporate bond Secured offshore syndicated loans of over HK$2.1bn from 12 commercial banks Completed redemption of all public offshore senior notes due 2021 Sufficient landbank with optimizing structure • • Converted saleable resources of approx. RMB13.5bn in 1H2021, accounting for 76% of newly added saleable resources during the period Expected to convert saleable resources of RMB242bn in 2021-2024 • • • As of end-Jun 2021, total saleable resources in landbank were approx. RMB593.9bn Expected saleable resources from urban redevelopment were RMB754.3bn Total saleable resources (URP-included) amounted to RMB1,348.2bn, proportion of tier 1&2 increased to 84% 11

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