Aoyuan Achieves Contracted Sales of RMB2.07 Billion in May 2016
Surges 123% Y-o-Y to Sustain Strong Growth Momentum
(2 June 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 RMB2.07 billion in May 2016, with contracted gross floor area (GFA) sold amounting to approximately 240,200 sq.m., surging approximately 123% and 79% y-o-y, respectively.
For the first five months of 2016, Aoyuan recorded contracted sales of approximately RMB7.56 billion, with contracted GFA sold of approximately 928,300 sq.m., up approximately 78% and 68% y-o-y, respectively. Average selling price amounted to RMB8,145 per sq.m..