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

(Hong Kong, 7 July 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for June 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB5.072 billion and the contracted gross floor area (“GFA”) reached 462,200 square meters, with a year-on-year decrease of 55.9% and 46.3% respectively, a month-on-month increase of 38.0% and 23.1% respectively.

From January to June 2022, the total property contracted sales amounted to RMB20.817 billion and the total contracted GFA reached 1.99 million square meters, with a year-on-year decrease of 51.9% and 37.5% respectively.

As at the end of June 2022, the property subscription sales amounted to RMB0.921 billion and the subscription GFA reached 69,400 square meters.

In June 2022, the Group acquired three new projects in Yinchuan, Ningxia Hui Autonomous Region and Nanning, Guangxi Zhuang Autonomous Region with an attributable GFA of 393,281 square meters and the total attributable land cost was RMB2.18 billion.

From 1 January to 30 June 2022, the Group newly acquired a total attributable GFA of 1.16 million square meters with the total attributable land cost of RMB6.108 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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