Aoyuan Achieves Contracted Sales of Approximately RMB2.60 Billion for the First Four Months in 2014; Up 74% Y-o-Y
Date：2014-05-07
(May 2014 - Hong Kong) China Aoyuan Property Group Limited ("Aoyuan" or the "Company", Stock Code: 3883), a leading property developer in Guangdong Province in China, is pleased to announce that the Company achieved contracted sales totaling approximately RMB2.60 billion, with contracted gross floor area (GFA) amounting to approximately 261,500 sq.m., representing y-o-y increase of approximately 74% and 10%, respectively, for the first four months in 2014. Average selling price increased by approximately 59% y-o-y to RMB9,937 per sq.m.. Commercial properties contributed approximately 56% of the total contracted sales.
In April 2014, Aoyuan recorded contracted sales of approximately RMB518.90 million, with contracted GFA of approximately 57,200 sq.m., up 43% and 10% y-o-y, respectively.