China Overseas Land & Investment Ltd.

On 20 June, S&P Global upgraded COLI’s long-term issuer credit rating to “A-/Stable Outlook”. COLI is the first and only Mainland Chinese property developer with “A-” rating by S&P Global. In addition, COLI’s outstanding senior unsecured notes’ rating was also upgraded to “A-” from “BBB+”. COLI maintained a leading position in rating by the three international rating agencies. S&P Global remarked in the report, “we upgraded COLI because we believe the extraordinary government support that its parent receives would flow to the company in a stress scenario and we continue to view COLI as a highly strategic subsidiary to its parent.” S&P Global supplemented that, “COLI’s 2024 contract sales should continue to recover, backed by key launches and it should maintain its business strength, backed by a greater focus on higher tier cities. Also, COLI's rental income will continue to rise and help improve interest coverage.” The rating upgrade reflected that the international rating agencies recognised COLI's smooth financing channels, robust business fundamentals, and the Company's capabilities to continue investing during the industry downturn. #creditrating #issurerrating #rating #ratingupgrade #45thanniversary #goodproducts #goodservices #goodeffectiveness #goodcitizen #fourexcellences #coli #coli688 #s&pglobal

COLI has once again achieved great results in the ESG scores of the LSEG (London Stock Exchange Group), ranking 𝘁𝗵𝗶𝗿𝗱 𝗮𝗺𝗼𝗻𝗴 𝗴𝗹𝗼𝗯𝗮𝗹 real estate operations companies and 𝗳𝗶𝗿𝘀𝘁 𝗮𝗺𝗼𝗻𝗴 𝗺𝗮𝗶𝗻𝗹𝗮𝗻𝗱 real estate companies with a high score of 87 (out of a full score of 100). COLI’s sustainable development level has again been recognized by an international authoritative rating agency, demonstrating its leading position in the industry.

Recently, COLI has been recognised among the top 10% of global participating companies in the corporate ESG risk rating of Morningstar Sustainalytics, an international mainstream rating agency. With an ultra-low risk score of 13.7 (Low Risk), COLI has secured a noteworthy position in the rankings. This outstanding achievement not only places COLI at the top of Chinese mainland real estate companies but also reinforces COLI’s leading position within the industry. #ESG #Sustainability #realestate #achievementunlocked #leadingtheway #45thanniversary #goodproducts #goodservices #goodeffectiveness #goodcitizen #fourexcellences #coli #coli688

🌕✨ Wishing everyone a joyous Mid-Autumn Festival! 🏮🥮 May this special occasion bring you and your loved ones happiness, prosperity, and harmony. #MidAutumnFestival #FamilyTime #Harmony #Celebration #coli #coli688

【Marching against Headwinds for Lasting Success】 COLI announced its 2024 interim results today. Below are some of our highlights: ① Contracted Sales - gross sales of RMB148.4 billion, market share up 0.49pp to 3.15%, attributable sales ranked industry #1 ② Industry-leading profitability – revenue achieved RMB86.94 billion, with core net profit margin of 12.2% ③ Financially stable - the weighted average borrowing cost was 3.5%, and the liability-to-asset ratio was 56.1%, remained as a “Green category enterprise”  ④ The only Chinese developer holding double-A credit ratings -  S&P Global & Fitch rated COLI A-/Stable Press Release:  https://lnkd.in/dbbqGt6H Announcement:  https://lnkd.in/dnCTBfPf #coli #coli688 #fourexcellences #goodproducts #goodcitizen #goodservices #goodeffectiveness

COLI is pleased to announce that Hang Seng Indexes Company Limited has just confirmed the inclusion of COLI as a constituent member of Hang Seng Corporate Sustainability Index (HSSUS). This year, COLI stands out as the sole Chinese real estate developer in HSSUS, the top 30 HK-listed companies that perform best in ESG. This achievement showcases COLI’s leading ESG performance among China's listed real estate companies.   #coli #coli688 #hssus #hssusb #hangsengindex #sustainabilityindex #hangsengcorporatesustainabilityindex #fourexcellences

To enhance Hong Kong youth’s understanding of the country, and promote communication and exchange within the Guangdong-Hong Kong-Macau Greater Bay Area, China Overseas Holdings Limited and China Overseas Land & Investment Limited jointly organized the "Love and Integration: Hong Kong Youth Exchange Tour to the Guangdong-Hong Kong-Macao Greater Bay Area" alongside the Tidbits of Star Mentors' Programmes. On 12 July 2024, the exchange group of 70 student mentees and volunteer mentors embarked on their visit, starting at China State Construction Hailong Technology in Zhuhai. During the visit, they were introduced to prefabricated construction and advanced energy-saving and environmentally friendly building materials. Following this, the exchange group proceeded to the Zhuhai Space Center, where they had the opportunity to explore its facilities. Lastly, the group visited COLI Midtown, a prominent urban complex spanning 240,000 sq m. They toured the landmark twin-tower office buildings, a Fortune 500 international brand hotel, a pedestrianized zone covering 50,000 sq m and exquisite long-term leased apartments. This visit provided valuable insights into project operations and design concepts while enabling the participants to broaden their perspectives and enjoy themselves. #exchangetour #caringsociety #csr #corporatesocialresponsibility #esg #goodcitizen #fourexcellences  #coli #coli688

For the 8th consecutive year, COLI is pleased to be selected as a constituent of the FTSE4Good Index Series. Launched in 2001, the FTSE4Good is a world-leading collection of benchmark and tradable indices designed to assess and identify companies that demonstrate strong ESG performances. In the first half of 2024, multiple accolades were bestowed on COLI for its excellent performance on ESG. COLI earned the highest AA grade in the 2024 ESG Evaluation Report for Real Estate Companies conducted by E-house and CRIC and ranked TOP 3 in the “Best ESG” in the 2024 Asia Executive Team survey conducted by the esteemed Institutional Investor, showcasing COLI's excellent performance and high level of professionalism in sustainability management. At COLI, we adhere to the sustainability strategy of “a Company of Four Excellences (四好公司)”. Such recognitions motivate us further to improve our ESG performance. Learn more about our sustainability performance: https://lnkd.in/gNY7BUQB #esg #sustainability #ftse4good #fourexcellences #goodproducts #goodcitizen #goodservices #goodeffectiveness #coli #coli688

COLI is pleased to garner multiple accolades in Asia’s most prestigious Institutional Investor Research 2024 Asia (ex-Japan) Executive Team Survey. Our success in this survey is a testament to the hard work and dedication of the Company, as well as the trust and loyalty of the stakeholders. Apart from achieving the top three positions in all seven categories, COLI won the heavyweight “Most Honored Company” and 19 awards within the property industry: Best CEO – Mr Zhichao Zhang (Overall, Buy-side, Sell-side) Best CFO – Mr Guanghui Guo (Overall, Buy-side, Sell-side) Best Company Board of Directors (Overall, Buy-side, Sell-side) Best ESG (Overall, Sell-side) Best Investor Relations (Overall, Sell-side) Best IR Professionals (Overall, Buy-side, Sell-side) Best IR Team (Overall, Buy-side, Sell-side) Over the years, COLI has been dedicated to maintaining proactive communication with the capital market, transparent disclosure, sound corporate governance practice and leading ESG performance. This achievement reflected COLI’s excellent executive leadership and high level of professionalism in investor relations management. This annual survey attracted votes from 5,894 investors, portfolio managers and analysts from around the world with an estimated $2 trillion in Asia equities from the buy-side companies. The competition was quite fierce this year with 1,669 companies and 2,595 individuals nominated. Thanks to the unweaving support from the investors and analysts, COLI was bestowed the glorious title of “Most Honored Company” for another consecutive year, which is a testament to the capital market's recognition of COLI’s efforts. #institutionalinvestor #iiresearch #fourexcellences #goodproducts #goodcitizen #goodservices #goodeffectiveness #coli #coli688  

🗓️ August 1992 On August 20, 1992, COHL listed its real estate business on the Hong Kong Stock Exchange under the name of China Overseas Land & Investment Limited (stock code: 00688.HK). This marked the first instance of Chinese-funded enterprises being listed in Hong Kong alongside local businesses. Taking advantage of the opportunity presented by the Hong Kong listing, COLI underwent a strategic transformation in its corporate governance structure and emerged as a Hong Kong red-chip company.   🗓️ October 1992 COLI conducted a ground-breaking ceremony to commemorate its investment in Shanghai Haihua Garden. The project itself was a pioneering endeavour, representing one of the earliest urban renewal initiatives not only in Shanghai but also across China. Haihua Garden also stood as one of Shanghai’s first high-rise residential buildings at that time, symbolising the commencement of China's transformation of shanty towns.   🗓️ February 1996 COLI attained the distinction of being one of the pioneering property management companies within the Chinese Mainland to achieve ISO9002 certification for its quality management system.   🗓️ April 1997 Guangzhou China Overseas Jincheng Garden has been officially launched for sale and has garnered a highly enthusiastic response within the local market.   A new journey, new challenges. Amidst the rapidly evolving wheels of time, COLI embraces fresh challenges. With a firm commitment to stability and a relentless pursuit of progress, COLI propels forward with unweaving determination, navigating through the tumultuous waves, and striving for excellence.   #45thanniversary #history #creatingabetterlifetogether #goodproducts #goodservices #goodeffectiveness #goodcitizen #fourexcellences #coli #coli688