China Merchants Land Limited reported unaudited sales results for the Third Quarter and Nine Months Ended September 30, 2023. For the period from 1 July 2023 to 30 September 2023, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB6,713 million (representing a year-on-year decrease of approximately 48%) with an aggregate contracted sales area of approximately 330,922 square meters (representing a year-on-year decrease of approximately 15%). The average selling price for the period from 1 July 2023 to 30 September 2023 amounted to approximately RMB20,285 per square meter.

For the nine months ended 30 September 2023, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB26,653 million (representing a year-on-year decrease of approximately 20.7%) with an aggregate contracted sales area of approximately 1,342,377 square meters
(representing a year-on-year increase of approximately 12.6%). The average selling price for the nine months ended 30 September 2023 amounted to approximately RMB19,855 per
square meter.