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

        (Hong Kong, 11 October 2023)?China Overseas Grand Oceans Group Limited?(the “Company”; Stock Code: 0081.HK) announced that, for September?2023,?the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3,109,000,000 and the contracted gross floor area (“GFA”) reached 262,700 square meters, with a year-on-year decrease of 9.0% and 20.0% respectively.

        From January to September 2023, the total property contracted sales amounted to RMB34,449,000,000 and the total contracted GFA reached 2,862,700 square meters, with a year-on-year increase of 16.8% and 2.1% respectively.

        As at the end of September 2023, the property subscription sales amounted to RMB886,000,000 and the subscription GFA reached 58,100 square meters.

        In September 2023, the Group acquired four new projects in Hohhot, Inner Mongolia Autonomous Region and Quanzhou, Fujian Province with a total GFA of 378,940 square meters and the total land cost was RMB1,883,070,000. From 1 January to 30 September 2023, the Group newly acquired a total GFA of 1,180,892 square meters with the total land cost of RMB6,556,040,000.

         

        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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