3600277-m01annc

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(Incorporated in Hong Kong with limited liability)

(Stock code: 00123)


ANNOUNCEMENT


UNAUDITED CONTRACTED SALES AND PRELIMINARY SALES STATISTICS FROM JANUARY TO DECEMBER 2015


The board of directors ("Board") of Yuexiu Property Company Limited ("Company") is pleased to announce the unaudited contracted sales and preliminary sales statistics from January to December 2015 as follows:


CONTRACTED SALES FROM JANUARY TO DECEMBER 2015 (UNAUDITED)


In December 2015, the value of the Company's contracted sales (including contracted sales by joint venture projects) amounted to approximately RMB2,785 million, representing a year-on-year increase of approximately 55%. The corresponding GFA of the contracted sales (including contracted sales by joint venture projects) amounted to approximately 248,800 sq.m., representing a year-on-year increase of approximately 92%.


The value of the aggregate contracted sales (including contracted sales by joint venture projects) of the Company for the period from January to December 2015 amounted to approximately RMB24,853 million, representing a year-on-year increase of approximately 13%. The corresponding GFA of the aggregate contracted sales (including contracted sales by joint venture projects) amounted to approximately 2,272,100 sq.m., representing a year-on-year increase of approximately 20%. The value of the aggregate contracted sales (including contracted sales by joint venture projects) accounted for approximately 100% of the 2015 contracted sales target of RMB24.8 billion.

CONTRACTED SALES AND PRELIMINARY SALES FROM JANUARY TO DECEMBER 2015 (UNAUDITED)


If preliminary sales (the formal sales contracts that are expected to be entered into soon) were taken into account, the total value of contracted sales (including contracted sales by joint venture projects) and preliminary sales from January to December 2015 increased to approximately RMB26,246 million, and the total GFA of contracted sales (including contracted sales by joint venture projects) and preliminary sales increased to approximately 2,411,500 sq.m..


The above-mentioned sales data are unaudited and are based on the summary of internal information of the Company, which may differ from the figures to be disclosed in the audited or unaudited financial statements to be published by the Company on an annual or semi-annual basis due to various uncertainties during the process of collection and collating of such sales information. As such, the above data are provided for investors' reference only. 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, investors are advised to seek professional advice from professional or financial advisers.


By Order of the Board

Yuexiu Property Company Limited Yu Tat Fung

Company Secretary


Hong Kong, 14 January 2016


As at the date of this announcement, the Board comprises:


Executive Directors: ZHANG Zhaoxing (Chairman), ZHU Chunxiu, LIN Zhaoyuan,

LI Feng, OU Junming and OU Shao


Independent Non-executive Directors:

YU Lup Fat Joseph, LEE Ka Lun and LAU Hon Chuen Ambrose

Yuexiu Property Co. Ltd. issued this content on 2016-01-14 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-14 11:28:29 UTC

Original Document: http://www.irwebcast.com/cgi-local/report/redirect.cgi?url=http://www.irasia.com/listco/hk/yuexiuproperty/announcement/a152892-eyuexiu.pdf