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(Hong Kong, August 9, 2017) China Overseas Development Company Limited ("the company"; stock code: 0688.HK) announced that the company together with its subsidiaries, joint ventures and associates (Collectively referred to as "China Overseas Series Companies") contracted property sales in July were approximately HK$16.873 billion, and the corresponding floor area was approximately 1,054,500 square meters.

From January to July 2017, the cumulative contracted property sales of the China Overseas Series of Companies were approximately HK$144.194 billion, and the corresponding cumulative floor area was approximately 8.852 million square meters. On July 31, 2017, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$17.961 billion, which is expected to be converted into contracted property sales in the next few months.

In July, the company and its subsidiaries (collectively referred to as the “Group”) acquired nine land parcels in Fuzhou, Nanjing, Xi’an, Qingdao, Guangzhou and Zhangzhou. It occupies a total floor area of ??approximately 1,104,762 square meters, two of which will be developed in a cooperative mode. The land transfer fee payable by the Group for the acquisition of land is approximately RMB 6,364.22 million.

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