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(Hong Kong, July 7, 2020) China Overseas Hongyang Group Co., Ltd. (the "Company"; shares (Code: 0081.HK) announced that the company and its subsidiaries (the "Group") achieved contracted sales of RMB 10,582,000,000 and contracted sales area of ??921,400 square meters in June 2020.

From January to June 2020, cumulative contracted sales of RMB 27,868,000,000 and contracted sales area of ??2,420,700 square meters.

In June 2020, the Group will be located in Huizhou City, Guangdong Province, Zunyi City, Guizhou Province, and Zhenjiang City, Jiangsu Province. 3 additional projects, with a total equity development area of ??674,349.30 square meters, need to pay a land price of RMB 2,097,730,000.

Note: During sales and investment There are various uncertainties. The above sales and new land bank data may be different from the figures disclosed in the regular report, so the above data is for reference only.