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Oct. 31, 2011 /PRNewswire-Asia/ -- Xinyuan Real Estate Co., Ltd. (NYSE: XIN), a residential real estate developer with a focus on high growth, strategic Tier II & III cities in
China, today announced that that it will hold its 2011 annual general meeting of shareholders at the Company's offices at 27/F, China Central Place, Tower II, 79 Jianguo Road, Chaoyang District,
People's Republic of China on
December 2nd, 2011 at
Hong Kong time (
2:00 a.m. on
December 2nd, 2011 U.S. Eastern Standard Time). The shareholder record date is
November 4th, 2011.
Xinyuan has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended
December 31st, 2010, as amended, with the U.S. Securities and Exchange Commission (the "SEC"). Xinyuan's Form 20-F can be accessed on the Investor Relations section of the Company's website at
http://ir.xyre.com as well as on the SEC's website at
http://www.sec.gov. The notice of the annual general meeting of shareholders and the proxy statement related to the meeting are available through the Company's website at
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Xinyuan focuses on
China's Tier II & III cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. Xinyuan has expanded its network to cover a total population of over 44.7 million people in seven strategically selected Tier II & III cities, comprising
Jinan, Kunshan, Suzhou,
Zhengzhou, Xuzhou and
Chengdu. Xinyuan is the first real estate developer from
China to be listed on the New York Stock Exchange. For more information, please visit
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the ''safe harbor'' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements concerning our beliefs, forecasts, estimates and expectations, 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, the risk that: our financing costs are subject to changes in interest rates; our results of operations may fluctuate from period to period; the recognition of our real estate revenue and costs relies on our estimation of total project sales value and costs; we may be unable to acquire desired development sales at commercially reasonable costs; increases in the price of raw materials may increase our cost of sales and reduce our earnings; we are heavily dependent on the performance of the residential property market in
China, which is at a relatively early development stage; PRC economic, political and social conditions as well as government policies can affect our business; the market price of our ADSs may be volatile, and other risks outlined in our public filings with the Securities and Exchange Commission, including our annual report on Form 20-F for the year ended
December 31, 2010. All information provided in this press release is as of
August 9, 2011. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
For more information, please contact:In
Tom GurneeChief Financial OfficerTel: +86 (10) 8588-9390Email:
Helen ZhangDirector of Investor RelationsTel: +86 (10) 8588-9255Email:
email@example.comICR, LLCIn U.S.: +1-646-308-1472In
China: +86 10 6583 7511Email:
SOURCE Xinyuan Real Estate Co., Ltd.