(26 June 2017 - Hong Kong) Nan Hai Corporation Limited (“Nan Hai Corporation” or the “Company”; stock code on Hong Kong Stock Exchange: 00680.HK) is pleased to announce that, as at 25 June 2017, Phase 3 of “The Peninsula”, the project of the Company’s subsidiary Nan Hai Development, has sold 915 units and generated an accumulated sales amount of approximately RMB15.034 billion. It attracted the attention of the high-end residential market in Shenzhen again and its brand value effect also continually enhanced.

With an international perspective to build a high-end humanity community surrounded by sea

“The Peninsula”, the flagship project of Nan Hai Development, has a total construction area of over a million square meters and has been divided into five phases. Phase 3 of the project, high-end sea view residences, launched for sale on 9 April 2016 in Shekou, Shenzhen and generated the sales amount of RMB5.2 billion with 409 units sold in the first two days, making the project placed in a leading position in Shenzhen market.  “The Peninsula” is located in Guangdong-Hong Kong-Macao Greater Bay Area, the core position of Nantou Peninsula headquarters economic zone, and around the radiation area of Shenzhen-Hong Kong cooperation free trade zone of Qianhai, the financial business district of Houhai and Shekou free trade zone. It possesses unique mountain and sea resources of Shenzhen Bay area, has the sea on three sides, and forever enjoys the best sea view and the 15-kilometre of waterfront promenade directly.

The architecture design of “The Peninsula” is based on international perspective of planning concept and the inspiration of “Mountain-Sea-City”, which makes the architecture pattern perfectly coordinates the relations among the mountain, the sea and the city’s environment. Meanwhile, according to the unique terrain of the mountain and the sea, the commercial supporting facilities with characteristics are planned around the project, including IMC International Yacht Club, Jinhai Fitness Management Center, Jinhai Creative Commercial Complex “Rizili”, etc., building the international great community with the mountain and the sea integrated into the city. Phase 3 of “The Peninsula” utilizes a variety of advanced construction technology and architectural brands. In the building facade, garden and interior design of the Project, it expresses the tranquil oriental Zen spirit in a modern way, making it to be a property project integrated with the design essence of East and West.

Together with the top international teams, Nan Hai Development selects first-tier international decoration brands, to strictly control the quality in various aspects, including planning and design, construction materials, construction, property services and so on.  Adhering to the spirit of the craftsmen, the project has built a high-end international humanity communitysurrounded by sea on three sides for Shenzhen.

The city project resources are now increasingly scarce, while “The Peninsula”, occupied the core area in the first-tier international metropolis, enjoys the city’s core supporting facilities and scarce resources of the mountain and the sea landscape. The project, built a humanity community surrounded by sea on three sideswith an international perspective and concept, has been regarded as “one of the most desirable houses” and one of the city covers for Shenzhen.

To regard city operation as its own duty and dedicate in property sector

Since its establishment, Nan Hai Developmenthasupheld its business philosophy of “creating the humanity living environment and the high-quality humanitycommunity”. With the customer-oriented basis, it actively tries to involve itself in different property projects, like tourism and cultural creative commercial projects, etc.  In the future, Nan Hai Developmentwill continue to focus on first-tier cities and take initiative indeveloping new property projects, aiming at laying a solidfoundation for its sustainable development of its property business in the long run.