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China Overseas Land and Investment Limited Announces Property Sales Results for April 2023 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 5 May 2023) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that for April 2023, 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 RMB34.033 billion, with a year-on-year increase of 67.1%; and the corresponding gross floor area sold was approximately 1,243,600 square meters, with a year-on-year increase of 38.6%.

From January to April 2023, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB117.633 billion and the accumulated corresponding GFA sold was approximately 5,507,000 square meters, with year-on-year increase of 71.4% and 61.8% respectively.

For April 2023, the Company (together with its subsidiaries (collectively, the “Group”)), acquired one land parcel in Hangzhou with an aggregate attributable GFA of approximately 97,377.70 square meters. The land premium payable by the Group in respect of the relevant land acquisition amounted to approximately RMB1,819.43 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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