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China Overseas Grand Oceans Group Limited Announces Property Sales Results for February 2022 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 4 March 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for February 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2.234 billion and the contracted gross floor area (“GFA”) reached 233,600 square meters, with a year-on-year decrease of 28.2% and 8.1% respectively.

From January to February 2022, the total property contracted sales amounted to RMB5.855 billion and the total contracted GFA reached 534,300 square meters, with a year-on-year decrease of 30.2% and 14.2% respectively.

As at the end of February 2022, the property subscription sales amounted to RMB0.773 billion and the subscription GFA reached 61,700 square meters.

The Group did not acquire any land parcel in February 2022.

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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