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China Overseas Grand Oceans Group Limited Announces Property Sales Results for February 2024 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 6 March 2024) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: meibaotao.com) announced that, for February 2024, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2,176,000,000 and the contracted gross floor area (“GFA”) reached 188,000  square meters, with a year-on-year decrease of 58.6% and 57.4% respectively.

From January to February 2024, the total  property contracted sales amounted to RMB4,539,000,000 and the total contracted GFA reached 399,600 square meters, with a year-on-year decrease of 42.2% and 40.4% respectively.

As at the end of February 2024, the property subscription sales amounted to RMB854,000,000 and the subscription GFA reached 68,200 square meters.

In February 2024, the Group did not acquire any land parcel.

 

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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