BEIJING, China, May 7 /Xinhua-PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN), a fast-growing residential real estate developer with a focus on strategically selected Tier II cities in China, today announced that it will report its financial results for the first quarter ended March 31, 2008 before the U.S. market opens on June 3, 2008. The company will include full year 2008 guidance in its announcement.
Xinyuan's management will host an earnings conference call on June 3, 2008 at 8 a.m. U.S. Eastern Standard Time (8 p.m. Beijing/Hong Kong time).
Dial-in details for the earnings conference call are as follows:
US: +1-617-614-3472
Hong Kong: +852-3002-1672
Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Xinyuan Earnings Call."
A replay of the conference call may be accessed by phone at the following number until July 3, 2008:
International: +1-617-801-6888
Passcode: 83836424
Additionally, a live and archived webcast of the conference call will be available at http://ir.xyre.com .
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a fast-growing developer of large scale, quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community life. Xinyuan focuses on China's Tier II cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. Ranked #1 among all property developers in Zhengzhou in terms of contracted sales of residential units for the years 2004, 2005 and 2006, Xinyuan has expanded its network to cover a total population of over 34.5 million people in 6 strategically selected Tier II cities, including Chengdu, Hefei, Jinan, Kunshan, Suzhou and Zhengzhou. Xinyuan has completed 14 projects with a total gross floor area ("GFA") of over 1.0 million square meters within the past 10 years and as of December 31, 2007, Xinyuan had 8 projects under construction with a total GFA of 1.1 million square meters and 6 additional projects under planning with total GFA of 1.4 million square meters. With a focus on high asset turnover, efficient working capital management and strict cost control, Xinyuan is dedicated to bringing high quality, affordable homes to China's middle income buyers. For more information, please visit http://www.xyre.com .
For investor and media inquiries, please contact:
In China:
Ms. Lisa Wang
Director of Investor Relations
GM of Strategy, Investment and Finance Department
Tel: +86-10-6598-1626
Email: lisa.wang@xyre.com
Mr. Derek Mitchell
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-6284
Email: derek.mitchell@ogilvy.com
In the United States:
Mr. Jeremy Bridgman
Ogilvy Public Relations Worldwide (New York)
Tel: +1-212-880-5363
Email: jeremy.bridgman@ogilvypr.com
SOURCE Xinyuan Real Estate Co., Ltd.
International News / Press Release source: PR Newswire
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