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China Overseas Grand Oceans Group Limited Announces Property Sales Results for March 2023 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 6 April 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for March 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB5.655 billion and the contracted gross floor area (“GFA”) reached 484,000 square meters, with a year-on-year increase of 71.2% and 52.1% respectively.

From January to March 2023, the total property contracted sales amounted to RMB13.503 billion and the total contracted GFA reached 1,154,700 square meters, with a year-on-year increase of 47.4% and 35.4% respectively.

As at the end of March 2023, the property subscription sales amounted to RMB1.176 billion and the subscription GFA reached 84,800 square meters.

In March 2023, the Group did not acquire any land parcel.

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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