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China Overseas Grand Oceans Group Limited Announces Property Sales Results for January 2020 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 6 February 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for January 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB2,825 million and the contracted gross floor area (“GFA”) reached 272,600 square meters.

In January 2020, the Group acquired one new project in Taizhou, Jiangsu Province with an attributable GFA of 225,857.00 square meters and the total attributable land cost was RMB1,065,000,000.

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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