Aoyuan Achieves Contracted Sales of Approximately RMB6.51 Billion for the First Eight Months in 2014; Up 34% Y-o-Y
Date：2014-09-08
(8 September 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 RMB6.51 billion, with contracted gross floor area (GFA) amounting to approximately 689,000 sq.m., representing y-o-y increases of approximately 34% and 23%, respectively, for the first eight months in 2014. Average selling price increased by approximately 9% y-o-y to RMB9,447 per sq.m.. Commercial properties contributed approximately 52% of the total contracted sales.
In August 2014, Aoyuan recorded contracted sales of approximately RMB503 million, with contracted GFA of approximately 64,800 sq.m., up approximately 11% and 19% y-o-y, respectively.