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(Hong Kong, 8 January 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for December 2019, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$6,416 million and the contracted gross floor area (“GFA”) reached 526,900 square meters.

From January to December 2019, the total property contracted sales amounted to HK$63,215,000,000 and the total contracted GFA reached 5,044,400 square meters.

In December 2019, the Group acquired three new projects in Lanzhou, Gansu Province, Jiujiang, Jiangxi Province and Yancheng, Jiangsu Province with an attributable GFA of 526,554.00 square meters and the total attributable land cost was RMB2,788,160,000.

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.