China Merchants Land Limited announces unaudited sales results for the period from 1 October 2023 to 31 December 2023 and Year Ended 31 December 2023. For the year ended 31 December 2023, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 38,600 million (representing a year-on-year decrease of 19.35%) with an aggregate contracted sales area of approximately 1,898,545 square meters (representing a year-on-year decrease of 1.72%). The average selling price for the year ended 31 December 2023 amounted to approximately RMB 20,331 per square meter.

For the period from 1 October 2023 to 31 December 2023, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 11,947 million (representing a year-on-year decrease of approximately 16.24%) with an aggregate contracted sales area of approximately 556,169 square meters (representing a year-on-year decrease of approximately 24.77%). The average selling price for the period from 1 October 2023 to 31 December 2023 amounted to approximately RMB 21,481 per square meter.