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China Overseas Land and Investment Limited Announces Property Sales Results for October 2021 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 4 Nov 2021) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for October 2021, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately RMB27.182 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,264,100 square meters.

From January to October 2021, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB302.484 billion and the accumulated corresponding GFA sold was approximately 15,235,500 square meters.

In October 2021, the Company (together with its subsidiaries (collectively, the “Group”)) acquired three land parcels in Beijing and Hangzhou with an aggregate attributable GFA of approximately 531,407.87 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB11,629.59 million.

Note: In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.

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