China Merchants Land Limited reported unaudited sales results for the three months ended 31 March 2024. For the period from 1 January 2024 to 31 March 2024, the Group, together with its associate and joint ventures, achieved aggregate contracted sales of approximately RMB6,670.76 million (representing a year-on-year decrease of 32%) with an aggregate contracted sales area of approximately 297,102 square meters (representing a year-on-year decrease of 37%). The average selling price for the period from 1 January 2024 to 31 March 2024 amounted to approximately RMB22,453 per square meter.