Seazen : UNAUDITED OPERATING STATISTICS AND LAND ACQUISITION INFORMATION FOR FEBRUARY 2021

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SEAZEN GROUP LIMITED

อ۬೯࢝છٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1030)

UNAUDITED OPERATING STATISTICS AND

LAND ACQUISITION INFORMATION FOR FEBRUARY 2021

UNAUDITED OPERATING STATISTICS

The board (the "Board") of directors (the "Directors") of Seazen Group Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that in February 2021, the Group achieved contracted sales of approximately RMB12.453 billion, and contracted sales area of approximately 1,302,400 sq.m.

Between January 2021 and February 2021, the aggregated contracted sales amounts to approximately RMB29.092 billion, and the aggregated sales area amounts to approximately 3,193,700 sq.m.

LAND ACQUISITION

A subsidiary of the Company obtained the land parcel No. Jinbao (Gua) 2019-042 in Tianjin City* €˂ݵ̹ᇜ໮މݵᘒ€ન2019-042 ໮ή෯by way of open tender auction. The land parcel is located in the intersection of Jiahe Street and Wangdu Road in Baodi District, Tianjin City*€˂ ݵ̹ᘒ᤾ਜྗͫ൑ၾૐே༩ʹɹ. It occupies a transferred land area of 42,417.20 sq.m., and is planned for residential and commercial uses with a plot ratio of ≤1.8. The plot-ratio gross floor area is approximately 76,350.96 sq.m. Land premium of RMB416,000,000 shall be paid by the Group.

A subsidiary of the Company obtained the land parcel No. Zhang Di 2016-B51 in Zhangjiagang City, Suzhou, Jiangsu Province*€Ϫᘽ޲ᘽψੵ࢕ಥ̹ᇜ໮މੵή 2016-B51 ໮ή෯by way of open tender auction. The land parcel is located in the west of Jingang Road, Jingang Town, Zhangjiagang City*€ੵ࢕ಥ̹ږಥᕄږಥ༩Гਉ. It occupies a transferred land area of 20,785.40 sq.m., and is planned for residential use with a plot ratio of >1.0 and ≤2.2. The plot-ratio gross floor area is approximately 45,727.88 sq.m. Land premium of RMB178,721,700 shall be paid by the Group.

A subsidiary of the Company obtained the land parcel No. A-04-10 in the east of Yongzhi Road, Lingling District, Yongzhou City (CBD), Hunan Province*€ಳی޲͑ψ̹€ʕː۬ਜཧ௒ਜ͑ ᔖ༩؇ਉ A-04-10 ໮ή෯by way of open tender auction. The land parcel is located in the east of Yongzhi Road, Lingling District, Yongzhou City*€͑ψ̹ཧ௒ਜ͑ᔖ༩؇ਉ. It occupies a transferred land area of 26,936.48 sq.m., and is planned for residential use with a plot ratio of <3.0. The plot-ratio gross floor area is approximately 80,809.44 sq.m. Land premium of RMB74,700,000 shall be paid by the Group.

The sales data as disclosed above is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collecting such sales information. As such, the above data is provided for the reference of shareholders and potential investors of the Company only. Shareholders and potential investors of the Company are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, shareholders and potential investors of the Company are advised to seek professional advice from professionals or financial advisers.

By order of the Board Seazen Group Limited

Wang Xiaosong

Chairman

PRC, 5 March 2021

As at the date of this announcement, the Directors are Mr. Lv Xiaoping and Mr. Lu Zhongming as executive Directors, Mr. Wang Xiaosong, Mr. Qu Dejun and Mr. Zhang Shengman as non-executive Directors, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.

*Denotes English translation of a Chinese company or entity or address and is provided for identification purpose only.