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(Hong Kong, March 8, 2018) China Overseas Development Co., Ltd. ("the company"; stock code: 0688.HK) announced that the company, together with its subsidiaries, The contracted property sales of the joint ventures and associated companies (collectively referred to as "China Overseas Series Companies") in February were approximately HK$16.493 billion, and the corresponding floor area was approximately 882,300 square meters.

On February 28, 2018, a series of China Overseas companies recorded subscribed shopping sales of approximately HK$26.492 billion, which is expected to be converted into contract properties in the next few months Sales.

In February, the company (together with its subsidiaries (collectively referred to as the "Group") in Shenzhen, Beijing, Kunming, Urumqi, Shenyang, Guangzhou, Chongqing, Wuhan, Xi’an and Jinan acquired eleven plots with a total attributable floor area ("Floor Area") of approximately 2,731,020.25 square meters. The land transfer fee payable by the Group for the relevant land acquisition is approximately RMB 14,736.31 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 regular reports, so the above data is for reference only .