HONG KONG, CHINA -�Media OutReach
�- 8 April 2019 -�

• In March
  2019, the Group achieved contracted sales of RMB19.04 billion,
  representing a YoY increase of approximately 87% (compared to March 2018).
  Contracted GFA amounted to approximately 1,028,900 sq.m. and contracted
  ASP was approximately RMB18,500/sq.m. in March 2019.
• From
  January to March 2019, the Group achieved contracted sales of RMB34.41
  billion, representing a YoY increase of approximately 27%. Contracted GFA
  amounted to approximately 1,937,000 sq.m. and contracted ASP was
  approximately RMB17,800/sq.m. from January to March 2019.
• From January to March 2019, breakdowns of the Group's contracted
  sales were as follows:

Land Acquisition

• In March 2019, the Group completed
  the following land acquisitions:

City	Project	Group's Current Equity Interest	Intended Primary Use	Site Area (sq.m.)	Total Planned GFA Excluding Carpark (sq.m.)	Group's Attributable Consideration (RMB)	Average Land Cost (RMB/ sq.m.)
Hefei	Feixi County, No. 2018-26 Project	100%	Residential/ Commercial	142,100	307,100	1,766,120,000	5,751
Hefei	Xinzhan District, XZQTD237 Project	50%	Residential	54,800	82,200	267,070,000	6,500
Tianjin	Xiqing District, Jinwu Town, West Binshui Road Project	100%	Residential/ Commercial	142,400	287,800	3,638,000,000	12,640
Tianjin	Wuqing District, Nanhu No. 10 Project	100%	Residential	147,900	221,800	1,131,200,000	5,099
Qingdao	Huangdao District, Guzhenkou, Lingxi Bay Project	51%	Residential/ Commercial	232,500	302,200	558,380,000	3,623

Major Financing Activities

�

• In March 2019,
  CIFI issued 5-year US$255 million senior notes at a coupon rate of 6.55%
  due March 2024. The issue was well received by the capital market. The
  coupon rate is one of the lowest among the China-based property developers
  with the same credit level recently.

�

S&P





Upgraded
CIFI's Rating to "BB" with "Stable" Outlook

�

• In March 2019, Standard & Poor upgraded CIFI's rating from "BB-"
  to "BB" with "stable" outlook. S&P's upgrade suggests that CIFI
  significantly improved its scale of sales and geographical diversity in
  the past 2-3 years. The "stable" outlook reflects S&P's expectation
  that CIFI will continue to expand its sales scale with controllable
  leverage.

Disclaimer:

All information contained in this newsletter is meant for
your own reference only, and is not intended to, nor should it, constitute any
investment advice.� Any information contained in this newsletter,
including those relating to contracted sales or land bank of CIFI Holdings
(Group) Co. Ltd. (the "Company"), may be subject to change as a result of
changes in our development, sales and investment processes and may not be
consistently reflected in our financial reports. The Company expressly
disclaims any liability for any of your loss or damage howsoever arising from
or in reliance upon the contents of this newsletter.�