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

(Hong Kong, 4 September 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for August 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB4,449,000,000 and the contracted gross floor area (“GFA”) reached 366,800 square meters.

From January to August 2020, the total property contracted sales amounted to RMB36,542,000,000 and the total contracted GFA reached 3,118,400 square meters.

In August 2020, the Group acquired five new projects in Hohhot, Inner Mongolia, Yinchuan, Ningxia Autonomous Region and Hefei, Anhui Province with an attributable GFA of 688,043.00 square meters and the total attributable land cost was RMB3,228,380,000.

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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