(Hong Kong, 4 January 2024) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: meibaotao.com) announced that, for December 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2,511,000,000 and the contracted gross floor area (“GFA”) reached 201,400 square meters, with a year-on-year decrease of 40.8% and 44.6% respectively.
From January to December 2023, the total property contracted sales amounted to RMB42,820,000,000 and the total contracted GFA reached 3,532,400 square meters, with a year-on-year increase of 6.2% and a year-on-year decrease of 5.2% respectively.
As at the end of December 2023, the property subscription sales amounted to RMB1,250,000,000 and the subscription GFA reached 107,400 square meters.
In December 2023, the Group acquired two new projects in Nantong and Yangzhou, Jiangsu Province with a total GFA of 316,431 square meters and the total land cost was RMB2,059,800,000. From 1 January to 31 December 2023, the Group newly acquired a total GFA of 1,824,307 square meters with the total land cost of RMB9,765,140,000.
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.
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