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(Hong Kong, January 10, 2018) 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 December were approximately HK$12.736 billion, and the corresponding floor area was approximately 859,900 square meters.

From January to December 2017, the cumulative contract property sales of the China Overseas Group Corporation were approximately HK$232.069 billion, and the corresponding cumulative floor area was approximately 14.4632 million square meters. As of December 31, 2017, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$22.136 billion, which is expected to be converted into contracted property sales in the next few months.

In December, the company and its subsidiaries (collectively referred to as the "Group") acquired two plots of land in Tianjin and Beijing. The attributable floor area ("Floor Area") totaled approximately 36,676.68 square meters. Cooperative model development. The land transfer fee payable by the Group for the relevant land acquisition is approximately RMB962.68 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.