Yuexiu Property Company Limited announced preliminary unaudited sales results for the month and year to date ended April 30, 2017. In April 2017, the value of the company's contracted sales (including contracted sales by joint venture projects) amounted to approximately RMB 3,843 million, representing a year-on-year increase of approximately 42%. The corresponding gross floor area ("GFA") amounted to approximately 242,600 sq.m., representing a year-on-year increase of approximately 13%.

The value of the aggregate contracted sales (including contracted sales by joint venture projects) of the Company for the period from January to April 2017 amounted to approximately RMB 12,858 million, representing a year-on-year increase of approximately 13%. The corresponding GFA of the Accumulated Contracted Sales amounted to approximately 794,600 sq.m., representing a year-on-year decrease of approximately 27%.

The value of the accumulated contracted sales accounted for approximately 39% of the 2017 contracted sales target of RMB 33 billion.