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Xinyuan Real Estate Announces Changes to Board of Directors

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BEIJING, Dec. 31, 2020 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and in other countries, today announced the appointment of Mr. Haifei He to the Board of Directors of the Company (the "Board"), and a member of Investment Committee of the Board, and the resignation of Mr. Shangrong Li from his role as director and member of Investment Committee, the resignation of Ms. Wendy Hayes from her role as director and member of Audit Committee, to pursue other business opportunities. These changes are effective immediately.

Mr. He brings over three decades of senior leadership experiences, he previously served as the Assistant General Manager of China State Construction Engineering Corporation (CSCEC), and the Chairman and Party Secretary of China Construction Fangcheng Investment & Development Group.

Mr. Yong Zhang, Chairman of Xinyuan stated: "We are very excited to welcome Mr. Haifei He as a director and a member of the Company's Investment Committee. His extensive background in corporate governance, strategic management will be of great value to Xinyuan. We look forward to working closely with him and benefit from his valuable insights and extensive experience. Meanwhile, on behalf of the Board, I would like to thank Mr. Shangrong Li and Ms. Wendy Hayes for their significant contribution to Xinyuan. We wish them the best in their future endeavors."

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 and recently 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.

For more information, please contact:

In China:

Xinyuan Real Estate Co., Ltd.
Mr. Charles Wang
Investor Relations Director
Tel: +86 (10) 8588-9376
Email: irteam@xyre.com

The Blueshirt Group
Ms. Susie Wang
Mobile: +86 (138) 1081-7475
Email: susie@blueshirtgroup.com

In the United States:

The Blueshirt Group
Ms. Julia Qian
Email: Julia@blueshirtgroup.com

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SOURCE Xinyuan Real Estate Co., Ltd.

Xinyuan Real Estate Co., Ltd.

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About XIN

鑫苑置业2007年在纽交所成功上市,是首批赴美上市、进军海外的中国房地产企业。 成立20余年来,鑫苑集团秉承“品质地产”和“科技地产”理念,在中国20多个城市累计开发建设项目100余个,并在纽约、洛杉矶、伦敦、马来西亚等国家和地区打造了一系列海外精品项目,共为超过20万业主提供了优质居所,连续16年跻身中国房地产百强企业。鑫苑物业成立于1998年,于2019年10月11日香港联交所上市(股票代码1895.hk) ,具有国家物业管理企业一级资质,现为中国物业管理协会副会长单位 ,多次荣膺中国物业服务百强企业。鑫苑科技集团由原点互联、爱接力、鑫房链、巨洲云等多家科技公司组成。