Xinyuan Real Estate Co., Ltd. to Hold Annual General Meeting of Shareholders on December 30, 2009
10 December 2009 - 12:30AM
PR Newswire (US)
BEIJING, Dec. 9 /PRNewswire-Asia/ -- Xinyuan Real Estate Co., Ltd.
("Xinyuan" or "the Company") (NYSE:XIN), a residential real estate
developer with a focus on high growth, strategic Tier II cities in
China, today announced that it will hold its 2009 annual general
meeting of shareholders at the Company's offices at 27/F, China
Central Place, Tower II, 79 Jianguo Road, Chaoyang District,
Beijing, 100025, People's Republic of China on December 30, 2009 at
3:00 p.m. Beijing/Hong Kong time (2:00 a.m. on December 30, 2009
U.S. Eastern Standard Time). The shareholder record date is
December 4, 2009. Xinyuan has filed its annual report on Form 20-F,
including its audited financial statements for the fiscal year
ended December 31, 2008, 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 http://agm.xyre.com/ .
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 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 34.5 million people in six strategically
selected Tier II cities, comprising Hefei, Jinan, Kunshan, Suzhou,
Zhengzhou, Chengdu and Xuzhou. Xinyuan is the first real estate
developer from China to be listed on the New York Stock Exchange.
For more information, please visit http://www.xyre.com/ . 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 complete our property developments on time or at all; any
construction delays, or failure to complete a project according to
our planned specifications or budget, may delay our property sales,
which could harm our revenues, cash flows and our reputation; the
recognition of our real estate revenue and costs relies upon our
estimation of total project sales value and costs; we may forfeit
land to the PRC government if we fail to comply with procedural
requirements applicable to land grants from the government or the
terms of the land use rights grant contracts; we may fail to
obtain, or may experience material delays in obtaining, necessary
government approvals for any major property development, which will
adversely affect our business; 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, 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, 2008. All information provided in this
press release is as of December 9, 2009. 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 China: Mr. Tom Gurnee Chief
Financial Officer Tel: +86-10-8588-9390 Email: Ms. Helen Zhang
Director of Investor Relations Tel: +86-10-8588-9255 Email: In the
United States: Mr. Bill Zima ICR, LLC Tel: +1-203-682-8200 Email:
Ms. Kate Messmer ICR, LLC Tel: +1-203-682-8338 Email: DATASOURCE:
Xinyuan Real Estate Co., Ltd. CONTACT: In China: Mr. Tom Gurnee,
Chief Financial Officer, +86-10-8588- 9390, or ; Ms. Helen Zhang,
Director of Investor Relations, +86-10-8588-9255, or ; In the
United States: Mr. Bill Zima of ICR, LLC, +1-203-682-8200, or ; Ms.
Kate Messmer of ICR, LLC, +1-203-682-8338, or Web Site:
http://www.xyre.com/ http://agm.xyre.com/
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