(5 December 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 RMB22.21 billion in the first eleven months of 2016, representing a y-o-y increase of approximately 70%. The Company has completed 131% of its full-year target. The contracted gross floor area (GFA) sold reached approximately 2,571,000 sq.m., representing a y-o-y increase of approximately 57%, with an average selling price of RMB8,637 per sq.m..

 

In November, the Company’s contracted sales recorded approximately RMB2.89 billion, with contracted GFA sold amounting to approximately 355,000 sq.m., representing increases of approximately 53% and 67% y-o-y, respectively.