Aoyuan Achieves Contracted Sales of Approximately RMB6.01 Billion for the First Seven Months in 2014; Up 36% Y-o-Y
Date：2014-08-08
(8 August 2014 - 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 RMB6.01 billion, with contracted gross floor area (GFA) amounting to approximately 625,300 sq.m., representing y-o-y increase of approximately 36% and 23%, respectively, for the first seven months in 2014. Average selling price increased by approximately 10% y-o-y to RMB9,613 per sq.m.. Commercial properties contributed approximately 54% of the total contracted sales.
In July 2014, Aoyuan recorded contracted sales of approximately RMB856.36 million, with contracted GFA of approximately 85,800 sq.m., up approximately 27% and 110% y-o-y, respectively.