eba investments enters strategic partnership with sunshine 100, strengthening leading position in china real estate funds

business related 14 jun 2015
a consortium led by the eba investments team (“eba investments”) of china everbright limited (“cel”; stock code: 165.hk) has announced it will invest approximately hk$730 million in real estate developer sunshine 100 china holdings limited (“sunshine 100”; stock code: 2608.hk), making it the company’s second-largest strategic shareholder. the two parties entered into a strategic cooperation framework agreement in beijing. as part of the comprehensive strategic partnership, sunshine 100 will leverage the support of eba investments’ strong resources in real estate and finance to expand its business and develop innovative products for the new economy and internet era. the partnership also greatly bolsters eba investments’ leading position in china real estate funds.

sunshine 100, an experienced and well-regarded developer in the country’s real estate industry, with strong capabilities in property sales and the development of commercial street complexes. upon completion of the transaction, both parties will begin cooperating on property development, commercial asset management, asset securitisation and real estate internet finance projects. they will also jointly establish an online platform with the intention of transforming it into a real estate internet financial eco-system, with functions including property value enhancement, property transactions, financial services, property management and more.

about eba investments
eba investments is the sole real estate investment arm of china everbright limited (“cel”). after years of growth in the real estate market, the team has established a number of mature product lines that include equity investment, debt investment, structured investment and financing, cross-border industry m&a, and real estate securitisation for implementing multi-channel investments such as merger integration, development management and cross-border capital market investment. it ranked first among “china’s top 10 real estate funds” in the “2015 china real estate top 100 research press conference cum 12th annual top 100 china real estate company summit”, which was jointly organised by the development research center of the prc state council, institute of real estate studies of tsinghua university and the china index academy.
 
cel is the largest overseas financial platform of china everbright group ltd. (“everbright group”). as at end-2014, cel managed 24 funds with aum of more than hk$50 billion. everbright group, the parent company of cel, is a state-owned financial conglomerate with aum of approximately rmb3,000 billion as at end-2014. for more information about cel and eba investments, please visit .
 
about sunshine 100 china holdings ltd.
sunshine 100 china holdings ltd (“sunshine 100” or the “company”) is a prc real estate developer with a nationally recognized brand, “sunshine 100 (陽光100 )”. sunshine 100 enjoys a long history of development. since 1994, sunshine 100 has selectively entered approximately 20 cities, most of which are provincial capitals, regional economic centers or second-tier cities enjoying high-growth. in recent years, the company has gathered its main force in developing street complex projects, striving to establish landmark street complex projects integrating cities’ culture and features and providing various experiencing consumption under different themes. mr. yi xiaodi (易小迪), the chairman of the board and the pioneer founder of the company, has extensive experience in the real estate development industry in china. the company was recognized as one of the “china excellent commercial property developers top 10” in 2012 and 2013, and awarded the honor of “wealth generating capabilities top 10” and “investment value top 10” for prc real estate companies listed in hong kong in 2014, sponsored by the development research center of the prc state council, tsinghua university and china index academy. the company was also awarded as one of the “top 100 china real estate enterprises” and “top 10 in financing capability” in 2015. from 2004 to 2008 and 2010 to 2011, the company was recognized as one of “china’s 500 most valuable brands” by the world brand lab. for more information about sunshine 100, please visit .