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

(Hong Kong, 6 September 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for August 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3,074,000,000 and the contracted gross floor area (“GFA”) reached 260,500 square meters, with a year-on-year increase of 14.9% and 3.7% respectively.

From January to August 2023, the total property contracted sales amounted to RMB31,340,000,000 and the total contracted GFA reached 2,600,000 square meters, with a year-on-year increase of 20.2% and 5.0% respectively.

As at the end of August 2023, the property subscription sales amounted to RMB806,000,000 and the subscription GFA reached 56,300 square meters.

In August 2023, the Group acquired two new projects in Ganzhou, Jiangxi Province and Hefei, Anhui Province with a total GFA of 330,831 square meters and the total land cost was RMB1,127,280,000. From 1 January to 31 August 2023, the Group newly acquired a total GFA of 801,952 square meters with the total land cost of RMB4,672,970,000.

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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