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(Hong Kong, 5 November 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for October 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB7,968,000,000 and the contracted gross floor area (“GFA”) reached 598,500 square meters.

From January to October 2020, the total property contracted sales amounted to RMB52,572,000,000 and the total contracted GFA reached 4,327,500 square meters.

In October 2020, the Group acquired ten new projects in Weifang, Shandong Province, Jilin, Jilin Province and Zhuzhou, Hunan Province with an attributable GFA of 2,617,901.00 square meters and the total attributable land cost was RMB5,271,990,000.

Note: In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.