(3 Mar 2016 - 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 RMB2.21 billion, with contracted gross floor area (GFA) sold amounting to approximately 269,600 sq.m., representing y-o-y increases of approximately 25% and 19%, respectively, in the first two months of 2016. Average selling price amounted to RMB8,200 per sq.m..

Amid the Chinese New Year holiday, Aoyuan recorded contracted sales of approximately RMB707 million in February 2016, with contracted GFA sold of approximately 108,200 sq.m., up approximately 11% and 28% y-o-y, respectively.

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