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

(Hong Kong, 6 January 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for December 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB4.240 billion and the contracted gross floor area (“GFA”) reached 363,600 square meters, with a year-on-year decrease of 24.5% and 27.5% respectively.

From January to December 2022, the total property contracted sales amounted to RMB40.317 billion and the total contracted GFA reached 3.725 million square meters, with a year-on-year decrease of 43.4% and 34.5% respectively.

As at the end of December 2022, the property subscription sales amounted to RMB0.797 billion and the subscription GFA reached 59,400 square meters.

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

From 1 January to 31 December 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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