Logan Property Holdings Company Limited (stock code: 3380.HK)

2015 Annual Results Announcement

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DISCLAIMER

• This presentation and the accompanying slides (the “Presentation”) which have been prepared by Logan Property Holdings CompanyLimited (“Logan Property” or the “Company”) do not constitute any offer or invitation to purchase or subscribe for any securities, and shallnot form the basis for or be relied on in connection with any contract or binding commitment whatsoever. They are only being furnished toyou and may not be photocopied, reproduced or distributed to any other persons at any time without the prior written consent of theCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, butthe Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy,completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may notcontain all of the information that you may consider material. Any liability in respect of the contents of or any omission from thisPresentation is expressly excluded.

• Certain matters discussed in this presentation may contain statements regarding the Company’s market opportunity and business prospectsthat are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of futureperformance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. The Company’s actualresults, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by thisPresentation, including, amongst others: whether the Company can successfully penetrate new markets and the degree to which theCompany gains traction in these new markets; the sustainability of recent growth rates; the anticipation of the growth of certain marketsegments; the positioning of the Company’s products and services in those segments; the competitive environment; and general marketconditions. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Companyis not responsible for such third-party statements and projections.

1. Results Overview

2. Business Overview

3. Land Bank Overview

4. Financial Review

5. Prospects

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CONTENT

1. RESULTS OVERVIEW

Substantial growth of contracted sales

• Contracted sales amounted to RMB20.51 billion, increased by 53.6%; annual target completion rate was 141%;

• Contracted saleable GFA amounted to 2.42 million sqm (1).

Profitability remained stable

• Revenue: Increased by 16.6% to RMB14.57 billion (2);

• Gross Profit: Increased by 16.4% to RMB4.43 billion, gross profit margin reached 30.4%;

• Net Profit: Increased by 11.0% to RMB2.69 billion;

• Core profit: Increased by 12.1% to RMB1.97 billion, core profit margin reached 13.5%;

• Profit attributable to shareholder: Increased by 12.8% to RMB 2.65 billion;

• EPS: Increased by 11.6% to RMB52.41 cents (approximately HK 62.56 cents);

• The Board of Directors proposed the payment of dividend of HK14 cents per share, accounting for approximately 33.1% of the core profit.

• As at 31 Dec 2015, total land reserve was 13.71 million sqm.; the average cost of land reserve was RMB2,410 per sqm.;

• In 2015, the Group acquired eight new projects through public tendering, auction and listing with a total GFA of 2.39 million sqm.,

average land cost was RMB6,988 per sqm..

Sufficient, quality and low-cost land reserve

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2015 ANNUAL RESULTS OVERVIEW

Broadened funding channels

• Bonds: Successfully issued domestic corporate bonds of RMB5 billion at coupon rates of 5% (5-year tenor, RMB4 billion) and 4.77%

(4-year tenor, RMB1 billion) in August 2015;

• Equity: Successful placement of the Group received HK$1.55 billion with strategic investments from renowned investment institutions

RRJ Capital and Value Partners.

(1) Carpark is not included(2) Revenue was RMB15.44 billion, increased 16.6% YOY before deduction of business tax and other sales related taxes

2. BUSINESS OVERVIEW

(RMB mn) (sqm.)

(1) Carpark is not included

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2015 CONTRACTED SALES

13,210 13,350

20,510

2013 2014 2015

YoY Growth: 54%YoY Growth: 33%

Average Contracted Sales Price

7,452 7,045

8,194

2013 2014 2015

YoY Growth 16.3%

(RMB / sqm.)

Contracted Sales Amount Contracted Sales GFA (1)

1,642,000 1,817,000

2,416,000

2013 2014 2015

18.8720.51

0

5

10

15

20

25

2015 Cash Collection 2015 Contracted Sales

92%

Cash Collection

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STRONG & EFFECTIVE CASH COLLECTION

(RMB billion)

Focus on principal business regions with advantages: Shenzhen region, other regions in Pearl River Delta, Shantou region and Nanning region contributed to 96% of the total contracted sales in 2015

Focus on inelastic demand and upgraded products, more resilient to fluctuations in the property market

Units Sold by GFA Payment Method (1)

140 sq. m. or below

94%

Over 140 sq. m.

6%

Mortgage 80%

One-time20%

2015 Total Contracted Sales : RMB20.51 billion

Other Regions in Pearl River Delta: RMB3.56 billion (17.4%)

Shantou region: RMB4.31 billion (21.0%)

Nanning region: RMB3.00 billion (14.6%)

Other Regions: RMB780 million (3.8%)

Shenzhen region: RMB8.86 billion (43.2%)

Ranking of residential property sales (according to statistics of commercial residential market)

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BREAKDOWN OF 2015 CONTRACTED SALES

(1) Carpark is not included

1

2

Region Sales (Billion) ProportionShenzhen region 8.86 43.2%Other regions in Pearl River Delta 3.56 17.4%

Shantou region 4.31 21.0%Nanning region 3.00 14.6%Other regions 0.78 3.8%Total 20.51 100%

3. LAND BANK OVERVIEW

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2015 LAND RESERVE DISTRIBUTION

Land Reserve Distribution – by Area

As at 31 Dec 2015, total land reserve amounted to 13.71 million sqm. with average cost of land reserve RMB2,410 per sqm. Our land reserve focuses on Pearl River Delta and Shantou region with the core of Shenzhen region, Nanning region etc

Other Region inPearl River Delta 12%

Shantou Region16%

Nanning region27%

Other Region9%

Shenzhen Region36%

Region GFA(sqm.) Proportion

Shenzhen region 4,895,392 36%

Other regions in Pearl River Delta 1,626,184 12%

Shantou region 2,136,180 16%

Nanning region 3,754,146 27%

Other regions 1,301,428 9%

Total 13,713,330 100%

As of 31 Dec 2015, land reserve was 13.71 million sqm., which can support our development for the next 5 to 6 years

Average land cost of the total land reserve was RMB2,410 per sqm.

All of the land reserve projects were acquired through public tendering, auction, listing etc.

1

2

4

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SUFFICIENT, QUALITY AND LOW-COST LAND RESERVE

Over 60% of the saleable resources are located in Shenzhen region3

No. City Project Acquisition Time Equity Land Area(sqm.)

Total GFA (sqm.)

Land Cost(RMB Mn)

Average Land Cost(RMB/sqm.)

1 Zhuhai Jiulong Bay Garden 2015/1/28 100% 15,877 80,607 978 12,133

2 Nanning Phase 10 of Provence 2015/6/16 100% 15,622 69,287 98 1,414

3 Shantou East Coast Project 2015/7/14 100% 131,244 401,478 1,416 3,527

4 Nanning Wuxiang New District Project 2015/7/24 100% 79,454 302,600 618 2,043

5 Nanning Wuxiang New District Project 2015/7/24 100% 62,858 258,000 471 1,826

6 Shantou East Coast Project C 2015/9/10 100% 71,490 299,385 778 2,599

7 Shenzhen Longhua Hongshan Project 2015/9/23 51% 87,045 841,672 11,250 13,366

8 Shenzhen Pingshan Land ParcelNo.63-65 2015/12/22 100% 20,173 135,440 1,082 7,989

Total 483,763 2,388,469 16,691 6,988

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NEWLY-ACQUIRED PROJECTS IN 2015

Focus on Great Shenzhen Area and Pearl River Delta, strengthen leading position in Shantou and Nanning market

• In 2015, the Group acquired new projects through public tendering, auction and listing with a total GFA of 2.38 million sqm., the average

land cost was RMB6,988 per sqm., which provided a solid foundation for the future growth

• Over 70% of our investment was made in Shenzhen region

4. FINANCIAL REVIEW

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FINANCIAL HIGHLIGHTS

(RMB mn) For the year ended 31 Dec 2015

For the year ended 31 Dec 2014 Change

Revenue 14,574 12,498 16.6%

Gross Profit 4,430 3,804 16.4%

Gross Profit Margin 30.4% 30.4% -

Net Fair Value Gain of Investment Properties (1) 707 646 9.4%

Net Profit 2,688 2,421 11.0%

Core Profit 1,974 1,760 12.1%

Core Profit Margin 13.5% 14.1% -0.6pt.

(1) Excluding relevant deferred tax

(RMB mn)

15

11,033

12,953

15,247

-

5,000

10,000

15,000

20,000

2013 2014 2015

1,239,837

1,791,574

2,240,698

-

500,000

1,000,000

1,500,000

2,000,000

2,500,000

2013 2014 2015

(sqm.)

Revenue (Property Sales) Property Delivered Area

STABLE GROWTH IN REVENUE

4,116

2,056 2,045

3,804

2,421

1,760

4,430

2,688

1,974

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

Gross Profit Net Profit Core Profit

2013 2014 2015

2015 Gross profit YoY growth: 16.4%, gross profit margin: 30.4%

2015 Core profit YoY growth: 12.1%, core profit margin: 13.5%

(RMB mn)

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STRONG PROFITABILITY

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Gross Profit Margin Comparison with Industry Peers

30.4%

24.0%

Logan Industry Average of 1H2015

Core Profit Margin Comparison with Industry Peers

(1): According to the financial statistics from the 2015 real estate company interim report

13.5%

9.0%

Logan Industry Average of 1H 2015(1) (1)

STRONG PROFITABILITY

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RELATIVELY STRONG LONG-TERM SOLVENCY

Net Debt-to-equity Ratio (1)

(1) Net Debt-to-equity ratio = (bank and other borrowings - cash and cash equivalents - restricted and pledged deposits) / total equity * 100%

65.7%

61.9%58.4%

40.0%

60.0%

80.0%

31 Dec 2014 30 Jun 2015 31 Dec 2015

(RMB mn)

10,848

5,339

-

2,000

4,000

6,000

8,000

10,000

12,000

Cash and Bank Balances Short-term borrowings

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Cash and Bank Balances (1) to Short-term Borrowing Ratio

Ratio of cash and bank balances to short-term borrowings was 2x as at 31 Dec 2015

(1）Cash and bank balances including restricted and pledged deposits

Company Current Ratio

1.73

2.20 2.20

-

0.50

1.00

1.50

2.00

2.50

2013 2014 2015

SUFFICIENT CASH BALANCE AND STRONG LIQUIDITY POSITION

31 Dec 2015

(RMB mn) 31 Dec 2015 Proportion 30 June 2015 Proportion 31 Dec 2014 Proportion

Onshore Financial Institution Loan (1） 11,510.1 54% 11,246.7 73% 12,189.7 75%

Onshore corporate debts 5,000.0 24%

Offshore loan 4,534.3 21% 4,065.4 27% 4,075.6 25%

Total 21,044.4 15,312.1 16,265.3

• Successfully issued domestic corporate bonds of RMB5 billion, including the first tranche of RMB4 billion with 5-year term at coupon rate of 5% and the second tranche of RMB1 billion with 4-year term at coupon rate of 4.77% in August 2015

• In 2015, the borrowing cost of weighted average contract was about 6.8%, compared to 8.8% in the same period of 2014

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Debt Structure

PRUDENT FINANCING MANAGEMENT

(1): Onshore loan including property development loan, liquidity loan and others

5. PROSPECTS

PROSPECTS

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• Enhance the ratio of upgraded-demand projects, improving projects development premium

• Increase investment in Great Shenzhen Area and Pearl River Delta region, while consolidating the leading market position in Shantou and Nanning

• Increase high-quality investment property in the core area of Shenzhen, so as to provide long-term stable operating cash flow for company

• Strengthen strategic layout at existing markets with established market positions and brand advantages. Focus on the Beijing-Tianjin-Hebei region, Shanghai and nearby area. Keep an open mind in welcoming quality partners for collaboration to realize win-win situation; look out for development opportunities of other industries and create greater returns for the shareholders

Key Projects and Value Creation项目精选及价值创造

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深圳北中心 城市新中轴

位置 • 深圳龙华中心区4号线白石龙地铁站

项目类型 • 住宅物业项目（包括高层住宅及商业）

占地面积 • 约5万平方米

总建筑面积 • 约25万平方米

项目亮点 • 为地铁上盖物业，深圳北中心，尽享醇熟商业生活配套，极具投资价值

• 交通便利，2分钟直达深圳北站，10分钟至福田中心区，28分钟直达香港西九龙

合同销售 • 2015年首次开盘，销售火爆，本年销售超人民币35亿

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项目概括

全南朝向、公里级景观视野

无阻挡通风 12小时自然采光 最大化楼距 高使用户型

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稀缺生态人居 高氧运动社区

360度、600米内环风雨连廊 全天候健康运动都市宅邸

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智能化社区服务云端智能家居：多平台远程操控家电 、全天候远程监控视频、全触摸室内灯光、指纹识别锁、门磁安防

报警、厨房洗手间背景音乐 智慧生活：社区O2O 打造安全、舒适、健康、便捷的家

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深圳东 · 龙光城深圳家庭的一生之城

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位置 • 深圳东

项目类型 • 住宅物业项目（包括多层及高层住宅、花园洋房及商铺）

占地面积 • 约170万平方米

总建筑面积 • 约503万平方米

项目亮点 • 龙光城是公司目前最大的物业发展项目• 项目临近深圳目前在建的地铁站，同时还拥有多种公共交通方式直达深圳中心区，交通便利

• 目前购买该项目的业主，主要以深圳刚需客户为主

• 2015年售出近8,000套, 销售金额约人民币50亿元

项目概括

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深圳东 超级城邦

500万平米全城最大社区，20万人居住超级大盘

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环湖生活盛景6万平米双湖生态系统

3万余平米稀有湿地公园

家门口的运动公园

5公里双线环湖生态跑道50米宽景观大道、5米宽跑道、25米宽绿化带；篮球场、网球场、羽毛球场、大型泳池

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全龄精英教育10所名校成长呵护 15年一站式精英教育

国内名校华中师大附中、附小，幼儿园专享学区

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24小时生活配套

体验式商业、时尚影院、星级酒店

谢谢！

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