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

(Hong Kong, 7 May 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for April 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB3,952,000,000 and the contracted gross floor area (“GFA”) reached 347,800 square meters.

From January to April 2020, the total property contracted sales amounted to RMB12,141,000,000 and the total contracted GFA reached 1,059,600 square meters.

In April 2020, the Group acquired four new projects in Lanzhou, Gansu Province, Baotou, Inner Mongolia, Xining, Qinghai Province and Jiujiang, Jiangxi Province with an attributable GFA of 595,374.00 square meters and the total attributable land cost was RMB1,911,810,000.

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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