Powerlong Real Estate Holdings Ltd. plans to issue CNY 800 million worth of three-year senior notes. The notes will carry an annual interest rate of 9.5 %, and will mature on May 27, 2016. The company intends to use the net proceeds, estimated at about CNY 780 million, to refinance some existing debt. Bank of America Merrill Lynch, Deutsche Bank A.G., HSBC Holdings Plc. and Royal Bank of Scotland Group Plc. are the joint lead managers and joint book-runners.

Powerlong Real Estate Holdings Ltd. announced that at the annual general meeting held on May 20, 2013 it approved to declare a final dividend of RMB 0.08 per ordinary share of the company for the year ended December 31, 2012.

Powerlong Real Estate Holdings Ltd. directors recommended the payment of a final dividend of 8.00 cents per ordinary share, totaling RMB 323,841,000 based on the ordinary shares in issue as of 31 December 2012. Such dividend is subject to approval by the shareholders at the Annual General Meeting on 20 May 2013. In the previous year the company paid a dividend of 6.00 cents. The final dividend will be paid to shareholders whose names appear on the register of members of the Company at the close of business of 29 May 2013. The company announced consolidated earnings results for the year ended December 31, 2012. For the period, the company reported operating profit of RMB 3,305,608,000, profit before income tax of RMB 3,410,298,000, profit of RMB 2,212,986,000 and net profit attributable to owners of the company of RMB 2,193,852,000 or 54.71 cents per diluted share on revenue of RMB 5,871,763,000 against operating profit of RMB 5,200,319,000, profit before income tax of RMB 5,286,881,000, profit of RMB 3,550,457,000 and net profit attributable to owners of the company of RMB 3,415,230,000 or 84.73 cents per diluted share on revenue of RMB 5,254,027,000 a year ago period. Capital expenditure was RMB 1,368,342,000 against RMB 3,670,989,000 a year ago. As at December 31, 2012, the group had net debt of RMB 9,602 million compared to RMB 7,945 million as at December 31, 2011.