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(Hong Kong, 4 April 2019) China Overseas Grand Oceans Group Limited (the "Company"; Stock Code: 0081.HK) announced that, for March 2019, the contracted property sales of the Company and its subsidiaries (the "Group") amounted to HK$3,443 million and the contracted gross floor area ("GFA") reached 254,600 square meters.

As at the end of March 2019, the property subscription sales amounted to HK$1,064 million and the subscription GFA reached 67,100 square meters.

In March 2019, the Group acquired four new projects in Guilin, Guangxi Province, Changzhou, Jiangsu Province, Quanzhou, Fujian Province and Xuzhou, Jiangsu Province with an attributable GFA of 793,992 square meters and the total attributable land cost was RMB2,742,020,000.

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.