Shimao Group Holdings Limited announced unaudited sales results for the month and year ended 31 December 2020. In December 2020, the Group's contracted sales amounted to approximately RMB 37.50 billion (December 2019: RMB 32.33 billion) and the Group's contracted sold area amounted to 2,142,354 sq.m. (December 2019: 1,877,958 sq.m.). The average selling price for December 2020 was RMB 17,502 per sq.m. The Group's aggregated contracted sales for the year ended 31 December 2020, amounted to approximately RMB 300.31 billion and the Group's aggregated contracted sold area amounted to 17,125,584 sq.m., recording year-on-year increase of 15% and 17% respectively. The average selling price for the year ended 31 December 2020 was RMB 17,536 per sq.m.