(4 October, 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 137% y-o-y increase in contracted sales to approximately RMB61.04 billion for the first nine months of 2018, completing 84% of its full-year target of RMB73.0 billion. The contracted gross floor area (GFA) sold amounted to approximately 5,777,000 sq.m., representing a 128% y-o-y increase. The average selling price was RMB10,566 per sq.m..

In September 2018, Aoyuan achieved contracted sales totaling approximately RMB7.88 billion, with contracted GFA sold amounting to approximately 627,000 sq.m., representing y-o-y increases of 93% and 33%, respectively.