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(Hong Kong, November 9, 2016) China Overseas Hongyang Group Co., Ltd. (the "company"); Share code: 00081. HK) announced that the company and its subsidiaries (the "group") achieved contract sales of HK $2.365 billion and contract sales area of 282400 square meters in October 2016

As of the end of October 2016, the total amount of non signed subscription was HK $917 million and the area of non signed subscription was 73900 square meters

In October 2016, the group had no new land reserve

Note: there are various uncertainties in the process of sales and investment. The above sales and new land reserve data may differ from the figures disclosed in the periodic report. Therefore, the above data are for reference only