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

(Hong Kong, 7 April 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for March 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB4,214,000,000 and the contracted gross floor area (“GFA”) reached 363,600 square meters.

From January to March 2020, the total property contracted sales amounted to RMB8,189,000,000 and the total contracted GFA reached 711,900 square meters.

In March 2020, the Group acquired four new project in Hefei, Anhui Province, Huizhou, Guangdong Province, Yancheng, Jiangsu Province and Langfang, Hebei Province with an attributable GFA of 842,592.70 square meters and the total attributable land cost was RMB4,181,510,000.

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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