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(Hong Kong, April 10, 2018) China Overseas Hongyang Group Co., Ltd. ("the company"; stock code: 0081.HK) announced that the company and its subsidiaries The company (the "Group") achieved contracted sales of HK$3,253 million and contracted sales area of 274,000 square meters in March 2018.

As of the end of March 2018, the accumulated unsigned subscription amount was HK$806 million and the unsigned subscribed area was 55,000 square meters.

In March 2018, the Group added 2 new projects in Yancheng City, Jiangsu Province and Baotou City, Inner Mongolia, with a total equity development area of 553,948.00 square meters and a land price of RMB 1,551,310,000 was required.

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 .