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

(Hong Kong, 6 September 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for August 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB2.675 billion and the contracted gross floor area (“GFA”) reached 251,200 square meters, with a year-on-year decrease of 40.1% and 43.8% respectively.

From January to August 2022, the total property contracted sales amounted to RMB26.083 billion and the total contracted GFA reached 2.48 million square meters, with a year-on-year decrease of 49.9% and 38.6% respectively.

As at the end of August 2022, the property subscription sales amounted to RMB1.079 billion and the subscription GFA reached 82,200 square meters.

In August 2022, the Group acquired three new projects in Lanzhou, Gansu Province, Zibo, Shandong Province and Ganzhou, Jiangxi Province with an attributable GFA of 675,163 square meters and the total attributable land cost was RMB1.639 billion.

From 1 January to 31 August 2022, the Group newly acquired a total attributable GFA of 1.759 million square meters with the total attributable land cost of RMB7.105 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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