Powerlong Real Estate Holdings Limited announced unaudited sales results of the Group for the month and twelve months ended 31 December 2018. The contracted sales value (including contracted sales value by joint ventures and associated companies) and contracted sales area of the Group in December 2018 amounted to approximately RMB 3,512 million and 291,396 square meters, respectively. The total contracted sales value (including contracted sales value by joint ventures and associated companies) and total contracted sales area of the Group for the twelve months ended 31 December 2018 amounted to approximately RMB 41,036 million and 2,821,607 square meters, respectively (as compared to RMB 20,882 million and 1,561,962 square meters for the twelve months ended 31 December 2017), representing a year-on-year contracted sales value increase of approximately 96.5% and a year-on-year contracted sales area increase of approximately 80.6%.