(Hong Kong, 5 September 2024) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: meibaotao.com) announced that, for August 2024, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2,010,000,000 and the contracted gross floor area (“GFA”) reached 194,500 square meters, with a year-on-year decrease of 34.6% and 25.3% respectively.

From January to August 2024, the total  property contracted sales amounted to RMB23,257,000,000 and the total contracted GFA reached 2,065,600 square meters, with a year-on-year decrease of 25.8% and 20.6% respectively.

As at the end of August 2024, the property subscription sales amounted to RMB550,000,000 and the subscription GFA reached 44,600 square meters.

In July 2024, the Group acquired one new project in Yinchuan, Ningxia Hui Autonomous Region with a total GFA of 178,466 square meters and the total land cost was RMB723,900,000. From 1 January to 31 July 2024, the Group newly acquired a total GFA of 425,327 square meters with the total land cost of RMB2,108,540,000.

The Group did not acquire any land parcel in August 2024. From 1 January to 31 August 2024, the Group newly acquired a total GFA of 425,327 square meters with the total land cost of RMB2,108,540,000

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.