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(Hong Kong, December 7, 2017) China Overseas Development Co., Ltd. ("the 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 November were approximately HK$18.739 billion, and the corresponding floor area was approximately 1,181,600 square meters.

From January to November 2017, the cumulative contract property sales of the China Overseas Group Corporation were approximately HK$219.334 billion, and the corresponding cumulative floor area was approximately 13.603 million square meters. On November 30, 2017, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$24.285 billion, which is expected to be converted into contracted property sales in the next few months.

In November, the company and its subsidiaries (collectively referred to as the "Group") acquired seven land parcels in Beijing, Nanjing, Chengdu, Tianjin and Changsha, with a total attributable floor area of ??approximately 2,592,465.15 square meters, of which The four plots will be developed in a cooperative mode. The land transfer fee payable by the Group for the acquisition of land is approximately RMB 13,177.24 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.