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(Hong Kong, November 30, 2017) China Overseas Development Co., Ltd. ("the company"; stock code: 0688.HK) is pleased to announce that it has recently won the "Hong Kong Outstanding Enterprise Blue Chip Category" award, commending the company's annual overall performance and is the only one Award-winning domestic real estate company.

This award is organized by the Hong Kong Finance Weekly magazine "Economic Week". China Overseas Development competes with more than 2,000 Hong Kong listed companies. The review categories include company philosophy, annual performance, corporate governance, popularity with minority shareholders, technology research and development. And the six major selection categories of industry achievements.

Through the pursuit of sustainable development and profit growth, China Overseas Development, combined with the external environment and internal capabilities and resources, balances scale and returns, opportunities and risks, and finally stands out. This award is a high affirmation and recognition of the company's project development capabilities and industry leadership.

Looking to the future, the company will continue to actively practice corporate social responsibility, integrate into urban development, meet customer needs, and achieve shareholder returns with quality and sustainable growth.

China Overseas Development is the only mainland real estate company in the "2017 Hong Kong Outstanding Enterprise Blue Chip Sector".