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China Overseas Land and Investment Limited Announces Property Sales Results for September 2022 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 7 October 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for September 2022, 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 RMB22.826 billion, with a year-on-year increase of 12.0%; and the corresponding gross floor area (“GFA”) sold was approximately 1,238,800 square meters, with a year-on-year increase of 12.4%.

From January to September 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB201.303 billion and the accumulated corresponding GFA sold was approximately 9,226,500 square meters.

For September 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 4 land parcels in Beijing and Ningbo with an aggregate attributable GFA of approximately 540,463.89 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB16,362.22 million.

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

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