Minmetals Land Limited announced sales results for the year 2016. The Company announced that the Company's contracted sales for the year of 2016 reached approximately RMB 11.7 billion, up 34% year-on-year and has exceeded the annual contracted sales target of RMB 9.0 billion by 30%. Contracted gross floor area sold amounted to approximately 602,000 square metres, which represented year-on-year growth of 42.5%. Total number of units sold during the year were 5,895, up 26.5% year-on-year and the average selling price reached approximately RMB 19,400 per square metre.