(Hong Kong, March 14, 2013) Hang Lung Group Limited (HKSE stock code: 10) and Hang Lung Properties Limited (HKSE stock code: 101) today published their annual reports for the financial year of 2012 running from January 1 through December 31, 2012.

Enlarging on the annual reports theme of "We Do it Right", Mr Ronnie C. Chan, Chairman of Hang Lung Group Limited and Hang Lung Properties Limited, has once again articulated through the reports the key aspects of the companies, including the strategies and the thinking behind them.

The FY2012 annual reports are an indispensable part of Hang Lungs efforts to present to shareholders a complete picture of the vital undertakings at the companies, ranging from market timing, location choice and architectural design to project operation and talent development. All of these endeavors measure up to the serious commitment and meticulous standards upon which Hang Lung has built its business – in other words, "We Do it Right". By applying this guiding principle through precise planning and skillful execution, Hang Lung has continued to deliver solid growth for shareholders in spite of the ongoing volatility in the global economy.

The reports also shed fresh light on some of the common misunderstandings regarding mainland Chinas shopping center business and related industry dynamics, and the commanding competitive advantage Hang Lung has been enjoying in the commercial real estate marketplace, making it among the very few winners in the Mainland cities in which it operates.

The current decade heralds Hang Lungs golden era, and the fruits of the efforts made have begun to be tasted. New developments are being successfully completed and overall rents have been rising. Rental margin has improved and rental yield is coming through. As long as Hang Lung holds steady to its course and executes diligently, a bountiful harvest shall be reaped.

Looking into 2013, Phase 1 of Center 66 in Wuxi is on track for launch in September. Leasing at the mall is progressing well and full occupancy is expected at the opening.

The FY2012 annual reports are now available for downloading from the Hang Lung corporate website at www.hanglung.com.

Hang Lung Group
Flip book version:
http://www.hanglung.com/HLGAnnualReport2012/

Hang Lung Properties
Flip book version:
http://www.hanglung.com/HLPAnnualReport2012/