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

(Hong Kong, 10 May 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for April 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2.91 billion and the contracted gross floor area (“GFA”) reached 0.30 million square meters, with a year-on-year decrease of 52.8% and 36.9% respectively.

From January to April 2022, the total property contracted sales amounted to RMB12.07 billion and the total contracted GFA reached 1.15 million square meters, with a year-on-year decrease of 44.3% and 29.6% respectively.

As at the end of April 2022, the property subscription sales amounted to RMB0.84 billion and the subscription GFA reached 92,000 square meters.

In April 2022, the Group acquired two new projects in Yinchuan, Ningxia Hui Autonomous Region and Nantong, Jiangsu Province with an attributable GFA of 0.33 million square meters and the total attributable land cost was RMB1.9 billion.

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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