(Hong Kong, 6 December 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: meibaotao.com) announced that, for November 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2,662,000,000 and the contracted gross floor area (“GFA”) reached 196,400 square meters, with a year-on-year decrease of 18.4% and 24.5% respectively.

From January to November 2023, the total property contracted sales amounted to RMB40,309,000,000 and the total contracted GFA reached 3,331,000 square meters, with a year-on-year increase of 11.7% and a year-on-year decrease of 0.9% respectively.

As at the end of November 2023, the property subscription sales amounted to RMB1,187,000,000 and the subscription GFA reached 91,300 square meters.

In November 2023, the Group acquired two new projects in Ganzhou, Jiangxi Province and Tangshan, Hebei Province with a total GFA of 326,984 square meters and the total land cost was RMB1,149,300,000. From 1 January to 30 November 2023, the Group newly acquired a total GFA of 1,507,876 square meters with the total land cost of RMB7,705,340,000.

Note: In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.