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(Hong Kong, 5 March 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for February 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB1,150 million and the contracted gross floor area (“GFA”) reached 75,700 square meters.

From January to February 2020, the total property contracted sales amounted to RMB3,975,000,000 and the total contracted GFA reached 348,300 square meters.

In February 2020, the Group acquired one new project in Zibo, Shandong Province with an attributable GFA of 161,241.00 square meters and the total attributable land cost was RMB241,100,000.

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.