(2 November 2020 - Hong Kong) China Aoyuan Group Limited (“Aoyuan” or the “Company”; Stock Code: 3883) announces that in October 2020, Aoyuan achieved property contracted sales totaling approximately RMB15.16 billion, with contracted gross floor area (GFA) sold amounting to approximately 1,175,000 sq.m., representing y-o-y increases of 51% and 17%, respectively. The average selling price was RMB12,902 per sq.m..

    During the first ten months of 2020, the Company achieved property contracted sales totaling approximately RMB98.51 billion and contracted GFA sold approximately 9,491,000 sq.m., representing y-o-y increases of 11% and 8%, respectively. The average selling price was RMB10,379 per sq.m..