China Overseas Land & Investment Limited · HKEX:688
China Overseas Land & Investment — Investor Presentation (January 2007)
40 slides from China Overseas Land & Investment's investor presentation, January 2007
Slide 1: China Overseas Land & Investment Ltd. Investor Presentation
China Overseas Land & Investment Ltd. Investor Presentation January 2007 @® WER BAMA CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 2: General Highlights
General Highlights BT Bats aa mas CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 3: Brand Value Growth
Brand Value Growth 2006- + A Brand Leader | 2005-2006 + 2004-2005 2003-2004 Fast growing of COLI’s Brand Va y (Unit: 00’million RMB) (p) Pe oh a Rs 4 CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 4: A Well-Recognized Brand Name
A Well-Recognized Brand Name @ No. 1 in Overall Strength among Mainland Developers in 2006 by DRC of State Council. eo =a ie a @ China’s top 25 best-known brands by China ocean ea Industrial and Commercial Association in 2006. | Seat at soepatanaaere anonzaunennanronecemutnorsenssoa rans re eee Sg S
Slide 5: Directors of the Year Awards 2006
Mr. Kong Qingping was awarded for Directors of The Year Awards 2006 in the category of [Listed company (SEHK-Non-Hangs Seng Index Constituents): EXECUTIVE DIRECTORS] by The Hong Kong Institute of Directors The Board was awarded for Directors of The Year Awards 2006 in the category of [Listed company
Slide 6: Financial & Operational Update
Financial & Operational Update @ WH RE RAMA CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 7: 2001-1H 2006 Net Profit Growth (HK$ Million)
2001- 1H 2006 Net Profit Growth (HK$ Million) 2001 2002 2003 2004 2005 1H2006 *; Impairment losses on HK property projects amount to HKD480m in 2002 (By SP se ok a eS s= CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 8: 2006 Contract Sales in Value (HK$ 00'million)
2006 Contract Sales in Value (HK$ 00’million) 2002 2003 2004 2005 2006 Total contract sales in value for 2006 was expected to exceed HK$ 13.5 billion, representing an increase of over 45% from 2005. ® TP BR oe Ok St PA Sy CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 9: 2006 Contract Sales in GFA 000' Sq.m.
2006 Contract Sales in GFA 000’ Sq.m. > 1680 1600} 440% 1400} 1210 1200/7 +41% 1000} 860 800+ 620 690 600+ 400- 200- ° 2002 2003 2004 2005 2006 Total contracted sales in GFA Sq.m. was expected to exceed 1.68 million for 2006, representing an increase of over 40% from 2005. Taek & Beas CHINA OVERSEAS
Slide 10: 2006 Projects Completed for Occupation (GFA 000' Sq.m.)
2006 Projects Completed for Occupation (GFA 000’ Sq.m.) 2002 2003 2004 2005 2006 The total project completion for occupation in GFA Sq.m. was expected to exceed 1.60 million for 2006, representing an increase of over 40% from 2005. BA total of 21 projects were expected to complete for occupation in
Slide 11: Property Average Selling Prices (HK$/Sq.m.)
Property Average Selling Prices (HK8/Sq.m.) 12000 - 10000 | 8000 + 6000 + 4000 | 2000 + 10 9700 400 200 7800 8200 2001 2002 2003 2004 2005 2006 TY BH Ok ot APS CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 12: Future Outlook
Future Outlook ® WH RAKE RAMA CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 13: To Pursue a L/T Sustainable Growth
To Pursue a L/T Sustainable Growth I (:) ihre el tercalcetetec CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 14: Growth Target and "1+2" Growth Model
Growth Target and “1+2” Growth Model = Growth Target @ 2007-2010: We aim at a minimum of 20% annual compound growth in net profit. Mm 2007: We target a minimum of 30% net profit growth. = COLI’s “1 + 2” Growth Model Joint Ventures Cmaerany 1/1 20% Compound Growth (_) THetk eames 13 = CHINA OVERSEAS
Slide 15: 2007-2008 Estimated Project Completion by GFAs
2007-2008 Estimated Project Completion by GFAs ee eS 350 350- GFA:0,000m2 2006 2007E 2008E (_) PHS e RA RAS CHINA OVERSEAS LAND & INVESTMENT LTD. 14
Slide 16: 2007 Estimated Completion Schedule By Projects
15 Pe Nam = ra som. | 2007 Estimated Completion Schedule By Projects Greenery Heights 69 Shenzhen | Royal Green Phase T&2 84 | Mount Canyon 21 | Zhongshan Fairyland 64 . Bay Line 189 Shanghai Jade Laguna Villa II Ningbo Bellagio oF Park Royale 86 Guangzhou | Jincheng Tower 32 South Garden 47 Starcre
Slide 17: 2008 Estimated Completion Schedule by Cities
2008 Estimated Completion Schedule by Cities i: SER Sao ARO eae es Shenzhen 406 Zhongshan 220 Shanghai 237 Ningbo 67 Guangzhou 308 Foshan 444 Beijing 490 Chengdu 585 Changchun 204 Xi’an 114 Nanjing 40 Suzhou 301 Chongqing 86 ® ty BS Oh Ot ARS 16 CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 18: 2007-2008 Estimated Contracted Sales
17 2007-2008 Estimated Contracted Sales 300, 270 2507 210 200F7 >168 150/7 >135 12 L 100} 86 25 54 50- ° 2004 2005 2006 * 2007E * 2008E @GFA: °0,000 m? @Sales: HKD’00 million (_) TERR EAR AT ) =A CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 19: Expand Our National Coverage
cpand Our National Coverage @res*xarnag | RS CHINA OVERSEAS LAND & INVESTMENT LTD. |
Slide 20: Our National Leading Coverage Position
19 Our National Leading Coverage Position ‘Changchun # of projects: 5 GFA (mm2): 1.52 Beijing tof projects: 10 GFA (mm?): 1.60 Nanjing # of projects: 3 GFA (mm2): 0.86 Shanghai # of projects: 3 GFA (mm?): 0,99 # of projects: 6 GFA (mm2)42,10 Chongqing 17 ~~ ~~ Hangzhou # of projects: 1 ca # of proje
Slide 21: Own a Sizable, High-Quality Landbank
Own a Sizable, High-Quality Landbank @ WR RI EPMA ey CHINA OVERSEAS LAND & INVESTMENT LTD. .
Slide 22: New Land Acquisitions In 2006
New Land Acquisitions In 2006 21 Lot No. 7 Project 100% Residential 1031.00 Lot No. 8 Project 100% Residential 176.94 350.68 2354 Suzhou Zhong Yang He Project 100% Residential 446.62 578.20 1510 Fangzhou Park Project 100% Residential 994.40 1212.80 1514 Hangzhou Riverside Project 100% Residential 13
Slide 23: Total Landbank as of January 2007
Total Landbank as of January 2007 Shenzhen 1,372.65 8.43 The Pearl Guangzhou 934.29 5.74 River Rigion Zhongshan 311.75 1.92 Foshan 2,191.98 13.47 Shanghai 985.27 6.05 The Yangtze River Suzhou 2,098.09 12.88 Region Nanjing 854.54 5.25 Hangzhou 134.62 0.83 Ningbo 361.00 221 The Baohai Rim Beijing 1,59
Slide 24: Total Landbank Diversification
Total Landbank Diversification HK& Macau Xi'an ggg, 1.22% g, aay Shenzhen 5. 74% Guangzhou Changchun 9. 34% Chongqing 1. 40% ——-\ Chengdu 12, 48% 1. 92% Zhongshan 13.47% Foshan 6.05% Shanghai Beijing 9. 80% 2.21% 7/5, 25% Nanjing Ningbo 9. 33% Hangzhou 12.88% Suzhou ® Eke BARA CHINA OVERSEAS LAND &
Slide 25: COLI's Landbank Policy
COLI’s Landbank Policy ana ae Se oh oe ee ee 8 Total lankbank: o Sufficient for 4-5 years’ development schedules ahead on a rolling basis. B New land acquisitions: o Min=Last year’ completion + 20% Growth o Max={Market Opportunities + COLI’s Prudent Financial Policy} ® WER BAMA 24 CHINA OVERSEAS LAN
Slide 26: To Restructure Infrastructure Business
To Restructure Infrastructure Business 1) tr Be ok ot BAS CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 27: COLI's Business Structure
26 COLI’s Business Structure BESRERS China State Construction Ke Engine: Corporation (:)- China Overseas Holdings Lid, COLI (0688) Direct property development in PRC = Beijing a Suzhou ™ Shenzhen Chengdu Nanjing Foshan * Changchun Zhongshan ® Chongqing Shanghai # Hangzhou Guangzhou Ningbo Macau Beij
Slide 28: Operated an Unique Business Model
Operated an Unique Business Model I) ikretetarircteokcokede pS CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 29: COLI's Unique Business Model
COLI’s Unique Business Model See «2 aE ERTIES ER aE I eae Best Quality Home Builder Philosophy Presales Construction Sales Marketing Post-Sales Services ne Land Planning Acquisition signing ional M ement Model ® Th Bie Ok ot A a 28 CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 30: To Build a Strong Balance Sheet
To Build a Strong Balance Sheet @® i eh et RAM CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 31: International Investment Ratings
wo International Investment Ratings 30 STANDARD Fy Mande hheeatans Cartas &POOR'S Credit rating Baa3 BBB- Prospects Stable Stable In May 2005, the Group has successfully accredited the Baa3 and BBB- ratings from Moody’s and Standard and Poor’s respectively. The two rating agencies maintained our inv
Slide 32: Abundant Financial Resources
Abundant Financial Resources oS co pe EA ORR Ee eR H In July 2006, China Overseas Holdings Ltd., the majority shareholder of the company exercised its bonus warrants in full for 408 million shares therefore, injecting HK$1.837 billions into the company. @ A total of RMB 5.0 billion banking facilitie
Slide 33: Guided By a Clear Corporate Strategy
Guided By a Clear Corporate Strategy QQ) TH2Ae eames R=4 CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 34: COLI's New Strategic Initiatives in 2007
COLI’s New Strategic Initiatives in 2007 (ea ae eS ee eae a eee @ Further consolidate our leading position in China property market in terms of turnover, net profits and brand value. @ Pursue market share leadership in economically developed cities and regions @ Build a competitive product mix by in
Slide 35: New Opportunities For COLI Ahead
New Opportunities For COLI Ahead i: eilecbetae eka a =4 CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 36: Effects on COLI from Macro-controls
Effects on COLI from Macro-controls aa SRE Se <eNleRRnRE Cetin Opportunities for COLI: Acceleration of market and industry consolidations will help COLI expand its market shares; Strengthen COLI’s market competitiveness in tier-two cities; |More opportunities now for COLI to acquire good-quality and
Slide 37: Impact of LAT on COLI
Impact of LAT on COLI [Se eS a ee eee oa eee = LAT has been existed since 1994. The notice for tightening the settlement of LAT is to re-emphasize the implementation of the current rules. HB COLI has made sufficient provisions for LAT in 2006 and the preceding years in line with the LAT taxation rul
Slide 38: We Pursue: Best Value for Our Shareholders!
We Pursue: Best Value for Our Shareholders!
Slide 39: Thank You !
Thank You ! () ireeertenneoteted CHINA OVERSEAS LAND & INVESTMENT LTD.
Slide 40: Disclaimer
Disclaimer These materials have been prepared by China Overseas Land and Investment Ltd. ( “COLI” or the “Company” ) solely for information use during its presentation may not be reproduced or redistributed to any other person without the permissions from COLI. By attending this presentation, you ar
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