600716: Jiangsu Phoenix Property Investment Company Limited(600716) briefing on the operation of real estate projects in the fourth quarter of 2021

Securities code: 600716 stock abbreviation: Jiangsu Phoenix Property Investment Company Limited(600716) No.: pro 2022-001

Jiangsu Phoenix Property Investment Company Limited(600716)

Briefing on the operation of real estate projects in the fourth quarter of 2021

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

According to the requirements of Shanghai Stock Exchange’s industry information disclosure guidelines for listed companies No. 2 – real estate, the main business data of Jiangsu Phoenix Property Investment Company Limited(600716) (hereinafter referred to as “the company” or “the company”) in the fourth quarter of 2021 are announced as follows.

1、 Reserves of real estate projects

October December 2021: the company has no new real estate reserves. There was no new land reserve in the same period of last year.

2、 Commencement and completion of real estate projects

October December 2021: the newly started area of Zhenjiang project of the company is 106099.40 square meters. In the same period of last year, the company had no new construction area.

October December 2021: the completed area of Yixing project of the company is 22907.00 square meters, and the company has no completed area in the same period of last year.

3、 Sales of real estate projects

October December 2021: the contracted sales area of the company’s commercial housing is 3303.96 square meters, a decrease of 95.48% over the same period of the previous year; The contract sales amount of commercial housing was 92.6393 million yuan, a decrease of 91.82% over the same period last year. In the same period of last year, all Suzhou project offices were sold, so the sales area and sales amount in this period decreased significantly compared with the same period of last year.

4、 Rental property

From October to December 2021, the company’s rental income was 11.9816 million yuan, an increase of 163.92% over the same period last year. Note: due to the dynamic sales situation, there may be differences between the above business indicators and data and the data disclosed in the periodic report. Therefore, the relevant data are phased data and are for reference only.

It is hereby announced.

Jiangsu Phoenix Property Investment Company Limited(600716) board of directors January 29, 2022

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