Kaisa Group Holdings Ltd. announced unaudited contracted sales results for the month and twelve months ended December 31, 2018. For the month, the Group together with its joint ventures and associates recorded contracted sales of approximately RMB 10,397 million in December 2018, representing a year-on-year increase of approximately 105.0%. Contracted gross floor area (the GFA) in December 2018 amounted to approximately 477,358 sq.m., representing a year-on-year increase of approximately 129.5%. The average selling price (the ASP) for December 2018 was approximately RMB 21,779 per sq.m., representing a year-on-year decrease of approximately 10.7%. The total contracted sales of the Group for the twelve months ended 31 December 2018 amounted to approximately RMB 70,059 million with the total contracted GFA of approximately 3,836,621 sq.m., representing increases of approximately 56.7% and 37.7% as compared with corresponding period in 2017, respectively. The ASP for the twelve months ended 31 December 2018 amounted to approximately RMB 18,261 per sq.m., representing an increase of approximately 13.8% as compared with the corresponding period in 2017.