(9 January 2018 - Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, announces positive profit alert. Based on the Company’s preliminary assessment of the consolidated management accounts, the Company is expected to record a significant increase of at least 75% in net profit for the year ended 31 December 2017 as compared to the corresponding period in 2016. The increase was primarily attributable to the improvements in the total gross floor area delivered to buyers and the average selling price of properties delivered in the year of 2017.