Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

UNAUDITED OPERATING STATISTICS

The Board of Directors (the "Board") of Sino-Ocean Group Holding Limited (the "Company") is pleased to announce certain unaudited operating statistics of the Company and its subsidiaries (the "Group") for the month of November 2016 as follows:

Contracted Sales

The contracted sales of the Company, together with its subsidiaries, joint ventures and associates for November of 2016 amounted to approximately RMB7.97 billion, representing year-on-year increase of 31%; contracted sales GFA amounted to approximately 372,000 sq.m., representing year-on-year decrease of 25%; contracted average selling price was approximately RMB21,400/sq.m., representing year-on-year increase of 75%.

The accumulated contracted sales from January to November 2016 amounted to approximately RMB46.26 billion; accumulated contracted sales GFA amounted to approximately 2,689,000 sq.m.; contracted average selling price was approximately RMB17,200/sq.m..

Land Parcels Acquired

The Group acquired 2 land parcels in November 2016:

Planned

Total consideration attributable

Attributable

Project

GFA

Use

to the Group

Channel

interest

(approximately

sq.m.)

(RMB million)

(Note)

Yizhuang Motor Tower Project, Beijing

67,000

Apartments

and Commercial

878

Acquisition

90%

Haihe Jiaoyuyuan Plot 13, Tianjin

226,900

Residential

and Commercial

268

Acquisition

34%

Note: Total consideration attributable to the Group included deed tax.

The above-mentioned operating data is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such operating information. As such, the above data is provided for reference only. Shareholders and investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, shareholders and investors are advised to seek professional advice from professional or financial advisers.

By order of the Board

Sino-Ocean Group Holding Limited CHUNG Kai Cheong

Company Secretary

Hong Kong, 2 December 2016

As at the date of this announcement, the directors of the Company comprise:

Executive directors:

Mr. LI Ming Mr. LI Hu

Mr. WANG Yeyi Mr. SUM Pui Ying

Mr. WEN Haicheng Mr. LI Hongbo

Non-executive directors:

Mr. ZHAO Lijun Mr. YAO Dafeng Mr. FANG Jun

Ms. SHANGGUAN Qing

Independent non-executive directors:

Mr. TSANG Hing Lun Mr. HAN Xiaojing

Mr. WANG Zhifeng Mr. SUEN Man Tak Mr. JIN Qingjun

Sino-Ocean Land Holdings Limited published this content on 01 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 December 2016 14:53:06 UTC.