BEIJING, Oct. 22, 2013 /PRNewswire/ -- Xinyuan
Real Estate Co., Ltd. (NYSE: XIN, "Xinyuan" or "the
Company"), a real estate developer with a focus on high growth
cities in China, today announced
that the Company has been listed on Forbes Asia's "Best Under A
Billion" list in 2013. This is the first year in which the Company
debuts on the list.
The "Best Under A Billion" list is published by Forbes Asia to
recognize 200 of the best small and midsized listed companies in
Asia Pacific with annual revenue
under $1 billion. To qualify for the
selection, companies must have revenue between $5 million and $1 billion, positive net income
and be publicly traded for at least a year. From a universe of
15,000 companies, qualified candidates are screened on sales
growth, earnings growth and return on equity. The result is a final
list featuring 200 exceptional small and midsized companies from
Asia Pacific.
Mr. Yong Zhang, Chairman of
Xinyuan, commented, "We are honored that Forbes Asia has recognized
Xinyuan as one of Asia's 200 'Best
Under A Billion' companies. This recognition reflects our
substantial business achievements and strong growth potential in
the real estate development industry."
For the complete list of companies on Forbes Asia's "Best Under
A Billion" list, please visit
http://www.forbes.com/asia200/list/.
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. 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. In China, Xinyuan
primarily focuses its development projects in Tier II cities,
Zhengzhou, Ji'nan, Suzhou,
Kunshan, Xuzhou, Chengdu and
Hefei. The Company's U.S.
development arm, XIN Development Group International, Inc. is a
pioneer amongst Chinese real estate residential developers,
entering the U.S. market in 2012. Xinyuan is the first real
estate developer from China listed
on the New York Stock Exchange.
For more information, please contact:
Xinyuan Real Estate Co., Ltd.
Ms. Helen Zhang
Financial Controller
Tel: +86 (10) 8588-9255
Email: yuan.z@xyre.com
ICR, LLC
William Zima
In U.S.: +1 646-308-1472
In China: +86 (10) 6583-7511
Email: william.zima@icrinc.com
SOURCE Xinyuan Real Estate Co., Ltd.