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

        (Hong Kong, 5 May 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for April 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3.873 billion and the contracted gross floor area (“GFA”) reached 311,400 square meters, with a year-on-year increase of 33.1% and 3.2% respectively.

        From January to April 2023, the total property contracted sales amounted to RMB17.377 billion and the total contracted GFA reached 1,466,100 square meters, with a year-on-year increase of 44.0% and 27.0% respectively.

        As at the end of April 2023, the property subscription sales amounted to RMB1.119 billion and the subscription GFA reached 80,300 square meters.

        In April 2023, the Group acquired one new project in Hefei, Anhui Province with a total GFA of 97,136 square meters and the total land cost was RMB660,060,000. From 1 January to 30 April 2023, the Group newly acquired a total GFA of 97,136 square meters with the total land cost of RMB660,060,000.

        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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