(Hong Kong, 3 April 2024) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: meibaotao.com) announced that, for March 2024, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3,378,000,000 and the contracted gross floor area (“GFA”) reached 311,800 square meters, with a year-on-year decrease of 40.3% and 35.6% respectively.

From January to March 2024, the total  property contracted sales amounted to RMB7,917,000,000 and the total contracted GFA reached 711,400 square meters, with a year-on-year decrease of 41.4 and 38.4% respectively.

As at the end of March 2024, the property subscription sales amounted to RMB879,000,000 and the subscription GFA reached 67,100 square meters.

In March 2024, the Group acquired one new project in Yinchuan, Ningxia Hui Autonomous Region with a total GFA of 87,659 square meters and the total land cost was RMB220,050,000. From 1 January to 31 March 2024, the Group newly acquired a total GFA of 87,659 square meters with the total land cost of RMB220,050,000.

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.