Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no
responsibility for the contents of this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in
reliance upon the whole or any part of the contents of this announcement.
SOHO CHINA LIMITED
SOHO 中國有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 410)
ANNOUNCEMENT
SALES AND OPERATIONAL PERFORMANCE
OF THE FIRST QUARTER, 2010
� This announcement is made for the voluntary disclosure of the sales and operational performance of
SOHO China Limited (“Company” or “the Company”) and its subsidiaries (collectively “Group” or “the
Group”) for the quarter ended 31 March 2010.
� In the first quarter of 2010, the Group has achieved unaudited contract sales of approximately RMB 5.8
billion, representing a 13% increase from that of the last quarter of 2009. The contract sales mainly
came from six projects including SOHO Nexus Centre, The Exchange-SOHO, Sanlitun SOHO, Boao
Canal Village and Beijing SOHO Residence.
� Based on the outstanding performance in 2009, the board of directors (the “Board”) recommended a
dividend of RMB0.20 per share for the year of 2009 subject to shareholders’ approval at the
forthcoming Annual General Meeting (“AGM”), which will be held in May 2010. The management and
the investor relations team conducted a global road show after the results announcement.
UNAUDITED SALES PERFORMANCE
In the first quarter of 2010, the Group achieved unaudited contract sales of approximately RMB 5.8
billion, representing a 13% increase from that of the last quarter of 2009. The contract sales came from six
projects including SOHO Nexus Centre, The Exchange-SOHO, Sanlitun SOHO, Boao Canal Village,
Beijing SOHO Residences and ZhongGuanCun SOHO.
The Group acquired SOHO Nexus Centre in November 2009 and launched sales on 20 January 2010. The
project has been well-accepted by the market and achieved sales of about RMB 2.08 billion on the launch
day. During the first quarter of 2010, the project accomplished contract sales of about RMB 2.9 billion,
with average selling price of RMB 43,300/sq.m.
The Exchange-SOHO is the Group’s first project in Shanghai. Its sales was launched on 21 January 2010.
During the first quarter, the project achieved contract sales of RMB 1.65 billion, with average selling
price of RMB 61,500/sq.m.
Contract Sales in 1Q2010
Project Amount GFA* Average selling price*
ce*
selling price
(RMB million) (sq.m.) (RMB/sq.m.)
SOHO Nexus Center 2,914.3 67,300 43,300
The Exchange-SOHO 1,649.0 26,800 61,500
Sanlitun SOHO 753.5 15,600 48,400
Boao Canal Village 401.9 18,200 22,100
Beijing SOHO Residence 114.5 2,300 50,800
Zhongguangcun SOHO 8.4 248 34,000
* Contract sales area and average selling price exclude that of car parks in the projects.
INVESTOR RELATIONS
The Board held a meeting on 11 March 2010 and approved the 2009 audited consolidated annual results
of the Group.
For the year ended 31 December 2009, the Group achieved a turnover of RMB7,413 million, increased by
138% year over year. Net profit attributable to equity shareholders of the Company was RMB3,300
million, increased by 727% year over year. Based on the outstanding performance of 2009, the Board
recommended the payment of 61% of the core net profit (not including of valuation gain on investment
property) for the year as dividend of RMB0.20 per share for the year of 2009 subject to shareholders’
approval at the forthcoming AGM, which will be held in May 2010.
The Group also conducted a global road show after the results announcement and analysts meeting. Led
by our Chief Executive Officer, Mrs. Pan Zhang Xin, our chief financial officer and investor relations
team visited over 100 investors in Hong Kong, Singapore, London, New York, Boston and Baltimore and
exchanged views on the market strategy and future development of the Company. The stock of the
Company closed at HK$ 4.43 on 31 March 2010, achieving a monthly return of 15.7%, compared with the
price of HK$3.83 on the last trading day of February which has outperformed the Hang Seng Index during
the period.
By order of the Board
SOHO China Limited
Pan Shiyi
Chairman
Beijing, the PRC, 7 April 2010
As at the date of this announcement, the executive directors of the Company are Mr. Pan Shiyi, Mrs. Pan Zhang Xin
Marita, Ms. Yan Yan and Mr. Wang Shaojian, Sean; and the independent non-executive directors of the Company
are Dr. Ramin Khadem, Mr. Cha Mou Zing, Victor and Mr. Yi Xiqun.