Golden Wheel Tiandi : VOLUNTARY ANNOUNCEMENT ACQUISITION OF LAND

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

金 輪 天 地 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

This is a voluntary announcement made by Golden Wheel Tiandi Holdings Company Limited

（ 金輪天地控股有限公司）(the "Company"). The board of directors of the Company (the "Directors") is pleased to announce that on 14 July 2017, Zhuzhou Jade Golden Wheel Realty Co., Ltd.*（ 株洲翡翠金輪置業有限公司）, an indirectly wholly-owned subsidiary of the Company in PRC, has succeeded in the public auction to acquire the land-use-right of a land parcel (the "Land Parcel") in Zhuzhou City, Hunan Province, the PRC for a total consideration of approximately RMB688.74 million (the "Consideration").

The Land Parcel is situated at North of Yan Di Main Road, East of Xiangjiang Main Road, Wu Guang Area, Tianyuan District, Zhuzhou City, Hunan Province, the PRC*（ 中國湖南省株洲 市，天元區武廣片區，東至湘江大道，北臨炎帝大道）and is closed to the high speed rail (metro) station and transportation hub. The total site area of the Land Parcel is approximately 92,174.57 sq.m, and its plot ratio shall not exceed 2.8. The Land Parcel is designated for developing commercial and residential properties with a term of 40 years and 70 years, respectively.

The Land Parcel was provided for public auction by the Zhuzhou Municipal Bureau of Land and Resources（ 株洲市國土資源局）. Of the Considerations, approximately RMB193.62 million has been paid by the Company as deposit. The remaining balance will be paid on or before 10 January 2018. The Consideration will be funded by internal resources of the Group

(namely, the Company and its subsidiaries).

The Group is an integrated commercial and residential property developer, owner and operator, including of leasing, sub-leasing and operational management third party's property, in the PRC and focuses on developing projects in Jiangsu and Hunan provinces that are physically connected or in close proximity to metro stations or other transportation hubs, and commercial and residential complex properties.

In view of the location and the designated use of the Land Parcel, the Directors consider that the acquisition of the Land Parcel is in line with the business development strategy and plan of the Group. The Directors further consider that the acquisition is a revenue nature transaction, and is carried in the ordinary course of business and are on normal commercial terms which are fair and reasonable and in the interests of the shareholders of the Company as a whole.

This announcement is made by the Company on a voluntary basis and does not constitute a transaction discloseable under Chapter 14 or Chapter 14A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited for the Company.

By order of the Board

Chairman

Hong Kong, 14 July 2017

As at the date of this announcement, the Board of Directors of the Company consists of Mr. Wong Yam Yin, Mr. Wong Kam Fai, Mr. Wong Kam Keung, Barry, Mr. Tjie Tjin Fung, and Mr. Janata David as Executive Directors; Mr. Suwita Janata and Mr. Gunawan Kiky as Non- Executive Directors; Mr. Wong Ying Loi, Mr. Li Yiu Fai and Mr. Lie Tak Sen as Independent Non-Executive Directors.

* For identification purpose only