Aoyuan Achieves Contracted Sales of Approximately RMB3.42 Billion for the First Five Months in 2014; Up 72% Y-o-Y
Date：2014-06-05
(5 June 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 RMB3.42 billion, with contracted gross floor area (GFA) amounting to approximately 353,200 sq.m., representing y-o-y increase of approximately 72% and 10%, respectively, for the first five months in 2014. Average selling price increased by approximately 56% y-o-y to RMB9,677 per sq.m.. Commercial properties contributed approximately 55% of the total contracted sales.
In May 2014, Aoyuan recorded contracted sales of approximately RMB817.14 million, with contracted GFA of approximately 91,400 sq.m., up 66% and 12% y-o-y, respectively.