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

(Hong Kong, 4 June 2020) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for May 2020, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to RMB5,145,000,000 and the contracted gross floor area (“GFA”) reached 439,700 square meters.

From January to May 2020, the total property contracted sales amounted to RMB17,286,000,000 and the total contracted GFA reached 1,499,400 square meters.

In May 2020, the Group acquired five new projects in Tangshan, Hebei Province, Hefei, Anhui Province, Yinchuan, Ningxia Autonomous Region, Shantou, Guangdong Province and Jinhua, Zhejiang Province with an attributable GFA of 1,251,265.00 square meters and the total attributable land cost was RMB7,781,260,000.

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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