BEIJING,
March 30, 2022
/PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the
Company") (NYSE: XIN), an NYSE-listed real estate developer
operating primarily in China with
assets in other countries, today announced that the Company and
Wanda Group held a strategic cooperation conference in Beijing on March 28,
2022. Mr. Jianlin Wang,
Chairman of Wanda Group, and Mr. Yong
Zhang, Chairman of Xinyuan Real
Estate, were in attendance.
During the conference, Xinyuan and Wanda
Group signed a strategic
cooperation agreement (the "Agreement"). Pursuant to the Agreement,
the parties will establish comprehensive and in-depth business
cooperation in business and asset management, industrial real
estate, and research and development.
Mr. Yong Zhang, Chairman of
Xinyuan
Group, said: "We are
excited to cooperate with Wanda Group to explore new opportunities
in the real estate and business and asset management verticals.
Wanda Commercial Properties is the world's largest commercial real
estate company. We are confident that this partnership will enable
us to leverage our respective strengths and benefit the business of
both sides and facilitate our future growth."
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed real
estate developer and property manager primarily in China with assets in other countries. In
China, Xinyuan develops and
manages large scale, high quality real estate projects in over ten
tier one and tier two cities, including Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou, Dalian, Zhuhai and Foshan. Xinyuan was one of
the first Chinese real estate developers to enter the U.S. market
and over the past few years has been active in real estate
development in New York. Xinyuan
aims to provide comfortable and convenient real estate related
products and services to middle-class consumers. For more
information, please visit http://www.xyre.com.
Forward Looking Statements
Certain statements in this press release constitute
"forward-looking statements". These statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements includes
statements about future debt and financial position , among others,
and can generally be identified by terminology such as "will",
"expects", "anticipates", "future", "intends", "plans", "believes",
"estimates" and similar statements. Statements that are not
historical statements are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties
that could cause actual results to differ materially from those
projected or anticipated, including, but not limited to, our
ability to continue to implement our business model successfully;
our ability to secure adequate financing for our project
development; our ability to successfully sell or complete our
property projects under construction and planning; our ability to
enter successfully into new geographic markets and new business
lines and expand our operations; the marketing and sales ability of
our third-party sales agents; the performance of our third-party
contractors; the impact of laws, regulations and policies relating
to real estate developers and the real estate industry in the
countries in which we operate; our ability to obtain permits and
licenses to carry on our business in compliance with applicable
laws and regulations; competition from other real estate
developers; the growth of the real estate industry in the markets
in which we operate; the impact of pandemics, such as Covid-19, on
the real estate market and the economies in our markets；
fluctuations in general economic and business conditions in the
markets in which we operate; and other risks outlined in our public
filings with the Securities and Exchange Commission, including our
annual report on Form 20-F for the year ended December 31, 2019. Except as required by law, we
undertake no obligation to update or review publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date on which the statement
is made.
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SOURCE Xinyuan Real Estate Co., Ltd.
