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

        (Hong Kong, 6 July 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for June 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB4,662,000,000 and the contracted gross floor area (“GFA”) reached 368,500 square meters, with a year-on-year decrease of 8.1% and 20.3% respectively.

        From January to June 2023, the total property contracted sales amounted to RMB25,940,000,000 and the total contracted GFA reached 2,145,200 square meters, with a year-on-year increase of 24.6% and 7.7% respectively.

        As at the end of June 2023, the property subscription sales amounted to RMB807,000,000 and the subscription GFA reached 60,800 square meters.

        In June 2023, the Group acquired one new project in Hefei, Anhui Province with a total GFA of 184,520 square meters and the total land cost was RMB2,037,180,000. From 1 January to 30 June 2023, the Group newly acquired a total GFA of 471,121 square meters with the total land cost of RMB3,545,690,000.

        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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