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(Hong Kong, September 7, 2017) China Overseas Development Company Limited ("Company"; stock code: 0688.HK) announced that the company, together with its subsidiaries, joint ventures and associated companies (collectively referred to as "China Overseas Corporation" ) Contracted property sales in August were approximately HK$18.769 billion, and the corresponding floor area was approximately 1,182,300 square meters.

From January to August 2017, the cumulative contracted property sales of the China Overseas Group Corporation were approximately HK$162.961 billion, and the corresponding cumulative floor area was approximately 10,034,100 square meters. On August 31, 2017, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$22.988 billion, which is expected to be converted into contract property sales in the next few months.

In August, the company and its subsidiaries (collectively referred to as the "Group") acquired four plots in Foshan, Zhaoqing and Ningbo, with a total attributable floor area of ??approximately 796,886 square meters. The land transfer fee payable by the Group for the acquisition of land is approximately RMB 4,600.33 million.

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.