china overseas land and investment limited announces property sales results for january 2020 | 中國海外集團-必一运动官网

(hong kong, 6 february 2020) china overseas land and
investment limited (the “company”; stock code: 0688.hk) announced that, for january
2020, the contracted property sales of the company, together with its
subsidiaries, joint ventures and associates (collectively the “china overseas
series of companies”) amounted to approximately rmb20.276 billion and the
corresponding gross floor area (“gfa”) sold was approximately 1,103,100 square meters.

in january 2020, the company (together with its subsidiaries
(collectively, the “group”)) acquired two land parcels in shanghai and beijing with
aggregate attributable gross floor area (“gfa”) of approximately 391,816.57
square meters. the land premium payable by the group in respect of the relevant
land acquisitions amounted to approximately rmb8,039.67 million.

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.