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China Overseas Land and Investment Limited Announces Property Sales Results for February 2024 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 6 March 2024) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that for February 2024, the contracted property sales of the China Overseas Series of Companies amounted to approximately RMB8.491 billion and the corresponding gross floor area sold was approximately 426,600 square meters.

From January to February 2024, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB18.995 billion and the accumulated corresponding GFA sold was approximately 987,000 square meters.

For February 2024, the Company (together with its subsidiaries (collectively, the “Group”)), acquired one land parcel in Tianjin with an attributable GFA of approximately 77,809.41 square meters. The land premium payable by the Group in respect of the relevant land acquisition amounted to approximately RMB965.00 million. In addition, for February 2024, COGO and/or its subsidiaries did not acquire any land parcels.

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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