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(Hong Kong, 5 March 2020) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for February 2020, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately RMB12.666 billion and the corresponding gross floor area (“GFA”) sold was approximately 706,600 square meters.

From January to February 2020, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB32.942 billion and the accumulated corresponding GFA sold was approximately 1,809,600 square meters.

In February 2020, the Company (together with its subsidiaries (collectively, the “Group”)) acquired two land parcels in Shanghai with aggregate attributable gross floor area (“GFA”) of approximately 95,396.70 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB989.31 million.

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.