(5 November, 2018 – 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 125% y-o-y increase in contracted sales to approximately RMB67.53 billion for the first ten months of 2018. The contracted gross floor area (GFA) sold amounted to approximately 6,419,000 sq.m., representing a 117% y-o-y increase. The average selling price was RMB10,521 per sq.m..

In October 2018, Aoyuan achieved contracted sales totaling approximately RMB6.49 billion, with contracted GFA sold amounting to approximately 642,000 sq.m., representing y-o-y increases of 52% and 53%, respectively.