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(Hong Kong, December 12, 2016) China Overseas Hongyang Group Co., Ltd. (the "Company"; stock code: 00081.HK) announced that the company and its subsidiaries (the "Group") realized the realization in November 2016 Contracted sales of HK$2.003 billion and contracted sales area of 205,400 square meters.

As of the end of November 2016, the accumulated unsigned subscription amount was HK$1.040 billion and the unsigned subscribed area was 95,200 square meters.

In November 2016, the Group had no new land reserves.

Note: There are various uncertainties in the sales and investment process. 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.