6 August 2013, Hong Kong-Fantasia Holdings Group Co., Limited (“Fantasia” or “the Company”, Stock Code: 1777) announced its sales results for July 2013. Fantasia has achieved contract sales of RMB386 million and gross floor area (“GFA”) sold of approximately 52,046square meters. As of 31 July 2013, Fantasia recorded accumulated contract sales of RMB4.05 billionand accumulated GFA sold of503,033square meters.
Sales were stable in July as it’s the traditional off season for property market. As China’s economic growth slowed down in the first half year, the Administration declaresmaintenanceof anoverallstable economy in the second half year, andits endeavors to promote steady and healthy development of real estate market.
All variety of the Company’s products witnessed prominent performance in this month, such as Huizhou Fantasia Special Town, a rigid-demand project recorded contractsales of over 100 units, Chengdu Future Plaza, ChengduFunian Plaza, two commercial projects receivedbig deals amounting to over RMB10 million, and Chengdu Grande Valley, a villa project with outstanding sales results.
To realize the Group’s internal resources integration, the Company has established client collaboration team, integrating client resources of Color Life, cultural tourism, hotel management, property international andetc, in order to provide clients with more value-added services by resources sharing and interactive marketing.Clientswho are recommended by hotel management, property international and cultural tourismhad successfully purchased Chengdu Grande Valley villas in this month.
The Company will launch more rigid-demand mainstream products that meet market demands in the second half year to boost rapid sales growth. In August, the Company has four projects launching additional units, three of which will be rigid-demand projects: Guilin Fantasia Town, Chengdu Fantasia Town, Huizhou Fantasia Special Town, whilstTianjin Love Forever will launch foreign-style house units.
On 3 July, Shenzhen Color Life Services Group Co., Ltd (“Color Life”), a subsidiary of the Group, held a brand release conference inFunian Plaza, the Company’s new headquarters building. During the conference, Color Life was awarded the medal of China’s Largest Community Service Operator by China Index Academy. Since its establishment in 2002, Color Life has been witnessing fast growth both in cale and profits in virtue of corporate philosophy of “Services to Your Family” and innovative “B2F Commercial Mode”.
On 2 July, the Company established cooperation alliance with Coridel in relation to hotel REIT projects, formally announcing the two sides close collaboration in global market in respect of hotel projects M&A, financial operation, brand operation, commissioned management, with a view to build a long-term strategic alliance relationship.
On 23 July, in Boao˙21 Century Real Estate Forum, the high-end real estate professional forum of the year, the Company was awarded 2013 Listed Companies with the Most Investment Value of the Year by virtue of its superior performance and leading strategic layout in 2012
On 26 July, during the award ceremony, namely China’s Outstanding Property Developers Award Ceremony held by Economic Digest, a renowned Hong Kong-based financial media, the Company was awarded “2013 China’s Outstanding Property Developers”, which was the fourth time for the Company to receive this honor.
Between the end of June and the beginning of July, Fantasy Pearl International Limited, the Company’s substantial shareholder, had increased its shareholding in the Company by approximately 45,014,000 shares, amounting to approximately HKD59,092,000. After the recent increases, Fantasy Pearl International Limited’s shareholding in the Company has increased from 61.16% to 62.03%.