(5 July 2016 - Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, is pleased to announce that the Company recorded a 73% y-o-y increase in contracted sales to approximately RMB10.53 billion for the first six months of 2016, achieving 63% of its full-year sales target. The contracted gross floor area (GFA) sold surged 57% y-o-y to approximately 1,286,400 sq.m. Average selling price amounted to RMB8,184 per sq.m..
In June 2016, contracted sales reached a record high of approximately RMB2.97 billion of monthly sales, soaring 63% y-o-y. The contracted GFA sold was approximately 358,100 sq.m., up 32% y-o-y.