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

(Hong Kong, 6 December 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for November 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3.261 billion and the contracted gross floor area (“GFA”) reached 260,100 square meters, with a year-on-year decrease of 41.2% and 34.8% respectively.

From January to November 2022, the total property contracted sales amounted to RMB36.076 billion and the total contracted GFA reached 3.361 million square meters, with a year-on-year decrease of 45.0% and 35.1% respectively.

As at the end of November 2022, the property subscription sales amounted to RMB1.309 billion and the subscription GFA reached 95,700 square meters.

In November 2022, the Group did not acquire any land parcel.

From 1 January to 30 November 2022, the Group newly acquired a total attributable GFA of 1.937 million square meters with the total attributable land cost of RMB8.262 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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