BEIJING, May 31, 2022 /PRNewswire/ — Xinyuan Real Estate Co., Ltd. (“Xinyuan” or “the Company”) (NYSE: XIN), a NYSE-listed real estate developer primarily operating in China with assets in other countries, today announced that the Xinchuang Technology Intelligent Manufacturing Industrial Park of Xinchuang, the city of the creators of central china (“park city“) was delivered 45 days in advance on May 17. Xinchuang Tech is a wholly-owned subsidiary and Xinyuan Group’s one-stop technology platform for city operations.
On the occasion of its 25th anniversary, Xinyuan Group received a number of good news regarding the progress of its projects. After the successful delivery of Suzhou He’an Guardnot, park city was also beautifully delivered on May 17with more than 40 smart supply chain companies from the manufacturing industry installed on site.
This delivery is another wonderful achievement of Xinchuang Zhengzhou after the delivery of the smart terminal industrial park in June last year, and it is also another step in realizing the industrial plan of Xinchuang The Makers’ Town of central china.
The construction of the Smart Manufacturing Industrial Park delivered this time officially started in March 2021 and was successfully completed in April 2022. It was presented impressively and delivered 45 days ahead of schedule. It has now attracted more than 40 high-quality enterprises spanning the supply chains of R&D and automotive electronic component design industry.
The successful conclusion of the delivery event also ushers in the businesses. In the future, the city will become an elite gathering place for automotive electronic components and smart terminal industries in Henan Province and the six central provinces.
Leveraging Xinchuang Technology’s years of professional operation experience, the city continues to deepen and optimize the service system, provide sophisticated, comprehensive and intelligent full-cycle enterprise operation services for all local businesses, and helps businesses improve operational efficiency and reduce operational costs, enabling rapid growth and quality development of businesses.
Several well-equipped hospitals, for example, Xinzheng Eighth People’s Hospital, Xinzheng people Zhengzhou First People’s Hospital and Hospital are within a 5 km radius of the site. At the same time, the planned supporting business infrastructure includes large supermarkets, shopping districts, cinemas, restaurants, etc., which not only serve to balance people’s life and work, but also provide employees and business owners have fun and a sense of belonging. .
As an “Excellent Operator in China Industrial parks”, “Top 10 operators in China Science and Technology Cities” and “Excellent enterprise in operating new industrial cities with Chinese characteristics”, Xinchuang Technology strives to create a technological urban ecosystem fueled by cutting-edge innovations, industrial networks and aesthetics.s, and to make an ongoing contribution to local economic development.
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. (“Xinyuan”) is a NYSE-listed real estate developer primarily in China, with assets in other countries. In ChinaXinyuan develops and manages large-scale and high-quality real estate projects in more than ten Tier 1 and Tier 2 cities, including beijing, Shanghai, Tianjin, Zhengzhou, jinan, Qingdao, Chengdu, Xi’anSuzhou, Dalian, Zhuhai and Foshan. Xinyuan was one of the first Chinese real estate developers to enter the US market and has been active in property development in New York during the last years. Xinyuan aims to provide comfortable and convenient real estate products and services to middle-class consumers. For more information, please visit http://www.xyre.com.
Certain statements contained in this press release constitute “forward-looking statements”. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about future debt and financial condition, among other things, and can generally be identified by terminology such as “”, “anticipates”, “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 successfully implement our business model; our ability to obtain adequate financing for the development of our project; our ability to sell or complete with s success of our real estate projects under construction and planning; our ability to successfully enter new geographic markets and new industries 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 conduct our business in accordance with applicable laws and regulations; competition from other real estate developers; the growth of the real estate sector in the markets in which we operate; the impact of pandemics, such as Covid-19, on the real estate market and the economies of our markets; fluctuations in general economic and business conditions in the markets in which we operate; and other risks described 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 publicly update or review any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statement is made.
SOURCE Xinyuan Real Estate Co., Ltd.