China Housing & Land Development, Inc. and its subsidiaries engage in the acquisition, development, management, and sale of commercial and residential real estate properties located primarily in Xi’an, Shaanxi Province, the People’s Republic of China (PRC or China). The company operates as a residential developer with a focus on second-tier and third-tier cities in western China. The majority of the company’s customers are first time home buyers and first time up-graders. The majority of the company’s apartments range in size from 70 square meters to 120 square meters in the residential real estate market in western China. The company’s residential project is approximately 100,000 square meters in size and consists of multiple high-rise, middle-rise, and low-rise buildings, as well as a community center, commercial units, educational facilities (such as kindergartens), and other auxiliary facilities. In addition, the company provides property management services to its developments and has membership systems for its customers. The company typically generates a large portion of its sales through referrals from its existing customers. Projects Projects Under Construction Puhua Phase Two-East Region: East Region consists of eight residential buildings and three commercial buildings. Total gross floor area (GFA) of the project is expected to reach 119,311 square meters. Puhua Phase Three: The Puhua Phase Three project covers 30,600 square meters with a total GFA of 129,049 square meters. Puhua Phase Four: The Puhua Phase Four project covers 27,800 square meters with a total GFA of 147,775 square meters. Golden Bay A: The Golden Bay A project is located within the Baqiao project, with a total GFA of 163,343 square meters. The Golden Bay A project would consist of cottage, western-style house, high-rise residential, as well as a commercial area. Ankang Project: The Ankang project is located in Ankang city, which is approximately 260 kilometers south of Xi’an in China’s Shaanxi Province. The project consists of residential buildings and a commercial area. Total GFA of the project is expected to reach 295,770 square meters. The project is divided into three phases for development; and phase I is being constructed and is on sale. Golden Bay Apartment: The Golden Bay Apartment project is located within the Baqiao project, with a total GFA of 16,564 square meters. The project is under construction. Projects Under Planning and in Process Baqiao New Development Zone: The company owns the land of Golden Bay A projects, which were 17.5 acres. It owns the land of Golden Bay B projects, which were 17.1 acres. In 2014, the company acquired the land of Golden Bay Apartment projects, which were 5.6 acres. Golden Bay B: The Golden Bay B project is located within the Baqiao Project, with a total GFA of 166,165 square meters. The Golden Bay project would consist of residential buildings as well as a commercial area. Puhua Phase Five: Puhua Phase Five covers 40,300 square meters with a total GFA of 117,237 square meters. Textile City: The Textile City project is located within the Baqiao New Development Zone. The project consists of residential buildings and a commercial area. Puhua Phase One: Puhua Phase One is one of Puhua’s five phases and was completed in the fourth quarter of 2012. Puhua Phase Two–West Region and New Coastal Line: Puhua Phase Two–West Region consists of four buildings. Junjing III: Junjing III is located near the company’s Junjing II project and the city expressway. It has a GFA of approximately 52,220 square meters. The project consists of three high rise buildings, each 28 to 30 stories high. Junjing II: The company started the construction of Junjing II in 2007 and started the pre-sale campaign in 2007. Junjing I: The project has 15 residential apartment buildings consisting of 1,671 one-to-five bedroom apartments. The project features secured parking, cable TV, hot water, heating systems, and access to natural gas. Total GFA is 167,931 square meters. Junjing I is also a commercial venture that houses small businesses serving the needs of Junjing I residents and surrounding residential communities. Strategies The company’s strategies are to consolidate through acquisition and partnership; expand into other second-tier and third-tier cities; and continue to focus on the middle market.
china housing & land develop
(CHLN:Consolidated Issue listed on NASDAQ Capital Market)
1008 Liuxue Road
Phone: 86 29 8332 8813
Fax: 86 29 8258 2640www.chldinc.com
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