Yuexiu Property Company Limited announced unaudited sales results for the month and year to date ended May 31, 2017. In May 2017, the value of the company's contracted sales (including contracted sales by joint venture projects) amounted to approximately RMB 2,290 million, representing a year-on-year increase of approximately 8%. The corresponding gross floor area amounted to approximately 184,800 sq.m., representing a year-on-year increase of approximately 6%.

The value of the aggregate contracted sales (including contracted sales by joint venture projects) of the company for the period from January to May 2017 amounted to approximately RMB 15,148 million, representing a year-on-year increase of approximately 12%. The corresponding GFA of the accumulated contracted sales amounted to approximately 979,400 sq.m., representing a year-on-year decrease of approximately 22%.

The company announced the value of the accumulated contracted sales accounted for approximately 46% of the 2017 contracted sales target of RMB 33 billion.