Xinyuan Real Estate Co., Ltd. Announces Third Quarterly Dividend for 2013
BEIJING, Nov. 6, 2013
BEIJING, Nov. 6, 2013 /PRNewswire/ --Xinyuan Real Estate Co., Ltd. ("Xinyuan"
or "the Company") (NYSE: XIN), a residential real estate developer with
primary focus on high growth cities in China, today announced that its Board
of Directors has declared a cash dividend for the third quarter of 2013 of
US$0.025 per common share, or US$0.05 per American Depositary Share (ADS),
which will be payable on November 29, 2013 to shareholders of record as of
November 18, 2013.
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large
scale, high quality residential real estate projects aimed at providing
middle-income consumers with a comfortable and convenient community lifestyle.
In China, Xinyuan primarily focuses its development projects in Tier II
cities, Zhengzhou, Ji'nan, Suzhou, Kunshan, Xuzhou, Chengdu and Hefei. The
Company's U.S. development arm, XIN Development Group International, Inc., is
a pioneer amongst Chinese real estate residential developers, entering the
U.S. market in 2012.Xinyuan is the first real estate developer from China to
be listed on the New York Stock Exchange. For more information, please visit
Safe Harbor Statement
Certain statements in this press release constitute "forward-looking
statements." These statements are made under the "safe harbor" provisions of
the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements can generally be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates" and similar statements. Statements that are not historical
statements are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties that could cause actual results to differ
materially from those projected or anticipated, including, but not limited to,
our ability to continue to implement our business model successfully; our
ability to secure adequate financing for our project development; our ability
to successfully sell or complete our property projects under construction and
planning; our ability to enter into new geographic markets and expand our
operations; the marketing and sales ability of our third-party sales agents;
the performance of our third-party contractors; the impact of laws,
regulations and policies relating to real estate developers and the real
estate industry in China and, to the extent we expand operations into other
countries, such as the U.S., the laws, regulations and policies of such
countries; our ability to obtain permits and licenses to carry on our business
in compliance with applicable laws and regulations; competition from other
real estate developers; the growth of the real estate industry in China,
particularly Tier II and Tier III cities, and in our targeted areas in the
U.S.; fluctuations in general economic and business conditions in China, and,
to the extent we expand operation into other countries, such as the U.S., the
general economic and business conditions in such countries; and other risks
outlined in our public filings with the Securities and Exchange Commission,
including our annual report on Form 20-F for the year ended December 31, 2012.
Except as required by law, we undertake no obligation to update or review
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which the statement
For more information, please contact:
Ms. Helen Zhang
Tel: +86 (10) 8588-9255
In U.S.: +1-646-308-1472
In China: +86 (10) 6583-7511
SOURCE Xinyuan Real Estate Co., Ltd.
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