(5 August 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 achieved contracted sales totaling approximately RMB11.75 billion, with contracted gross floor area (GFA) sold amounting to approximately 1,440,900 sq.m., representing y-o-y increases of approximately 66% and 49%, respectively, in the first seven months of 2016. Average selling price amounted to RMB8,157 per sq.m..

In July 2016, Aoyuan recorded contracted sales of approximately RMB1.22 billion, with contracted GFA sold of approximately 154,400 sq.m., up approximately 20% and 8% y-o-y, respectively.