(4 December, 2018 – Hong Kong) China Aoyuan Group Limited (“Aoyuan” or the “Company”; Stock Code: 3883) is pleased to announce that the Company recorded a 115% y-o-y increase in contracted sales to approximately RMB73.89 billion for the first eleven months of 2018, surpassing its 2018 full-year target of RMB73.0 billion. The contracted gross floor area (GFA) sold amounted to approximately 7,138,000 sq.m., representing a 112% y-o-y increase. The average selling price was RMB10,351 per sq.m..

In November 2018, Aoyuan achieved contracted sales totaling approximately RMB6.36 billion, with contracted GFA sold amounting to approximately 719,000 sq.m., representing y-o-y increases of 47% and 70%, respectively.