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Aoyuan Surpasses 2017 Full-year Target with Contracted Sales of
RMB34.39 Billion for the First Eleven Months; Up 55%

(4 December 2017 - 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 contracted sales totaling approximately RMB34.39 billion for the first eleven months of 2017, up 55% y-o-y, already surpassing its 2017 full-year target of RMB33.3 billion. The contracted gross floor area (GFA) sold amounted to approximately 3,375,000 sq.m., representing a y-o-y increase of approximately 31%. The average selling price was RMB 10,190 per sq.m..
In November 2017, Aoyuan achieved contracted sales totaling approximately RMB4.32 billion, with contracted GFA sold amounting to approximately 423,000 sq.m., representing y-o-y increases of 50% and 19%, respectively.