HONG KONG, CHINA - Media OutReach - 24 June2019 - ChinachemGroup announced today that One Hennessy, the Group's brand-new icon in WanChai, is crowned as the award winner of Commercial High-riseDevelopment in Asia Pacific Region under the globally-acclaimed InternationalProperty Awards. This marks another achievement for Chinachem, as its otherproperties, The Lily, Nina Tower and Jade Grove, have also garnered this awardpreviously.

Mr. Donald Choi, Executive Director and ChiefExecutive Officer of Chinachem Group, said, "Achieving this award for OneHennessy proves that our group's efforts in developing top-quality propertymanagement have once again been recognized by the international community. Thisis a great honor for us and we will continue to do our best to develop more premium,innovative and sustainable properties."

One Hennessy is a brand-new commercial propertyat 1 Hennessy Road, Wan Chai. Located within the core business district ofAdmiralty and Wan Chai, One Hennessy is conveniently situated, only a 5-minute walk away fromboth MTR stations and surrounded by world-class hotels, famousrestaurants and the Hong Kong Convention and Exhibition Center. One Hennessy has 21 floors spanning approximately 315,000 squarefeet of gross area in total and 12,000 square feet of lettable gross area perfloor. Total lettable area reaches around 253,000 square feet for all workspaces and 28,000 square feet for retail shops on G/F -- 2/F. While full seaviews are available on the upper floors, the first three floors are dedicatedto retail shops, restaurants, a post office and a basement car park.

With an eye-catching design in the shape of afunnel, the sculptural design was inspired by the concept of a young plantsprouting from the earth and bursting into the sunlight, injecting positiveenergy to create a motivating working environment. The bottom of the funnel wasdeliberately designed with a "void" in mind, allowing for fresh air and lightto pass through freely. In keeping with the city's urban planning, the areaoffers ample ventilation and sunlight penetration. By "creating a presence fromabsence", One Hennessy integrates well with the environment to facilitate the largestamount of usable space.

Chinachem has all along attached greatimportance to sustainable development, and One Hennessy is an extension of thisvision. Designed according to green architectural principles, the building is coveredwith low absorptive materials, and vegetation on its rooftop serves to mitigatethe urban heat island effect. The elegant glass curtain walls of the building allowenough sunlight into the building and maximizes natural light penetration,while minimizing energy loss and heat absorption.

The materials and resources used for thebuilding façade have achieved the internationally recognized LEED Gold Ratingfor Green Buildings.

Withmore than 25 years of history, the International Property Awards, which isorganized by a UK based company, is an authoritative benchmark in thearchitecture sector. Itaims to commend the outstanding residential and commercial properties in 9regions around the world. The Asia Pacific Property Awards is judged by anindependent panel of over 80 industry experts, reviewing projects on based ontheir design, quality, service, innovation, originality, and commitment tosustainability.