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(Hong Kong, January 8, 2020) China Overseas Hongyang Group Co., Ltd. (the "company"); Share code: 0081. HK) announced that the company and its subsidiaries (the "group") will achieve contract sales of HK $6.416 billion and contract sales area of 526900 square meters in December 2019

From January to December 2019, the total contract sales amount is HK $63215 million and the contract sales area is 5044400 square meters

In December 2019, the group added three new projects in Lanzhou City, Gansu Province, Jiujiang City, Jiangxi Province and Yancheng City, Jiangsu Province, with a total equity development area of 526554.00 square meters and a land price of RMB 2788160000

Note: there are various uncertainties in the process of sales and investment. The above sales and new land reserve data may differ from the figures disclosed in the periodic report. Therefore, the above data are for reference only