Sino-Ocean Group Holding Limited reported unaudited operating results for the month and twelve months ended 31 December 2017. The contracted sales of the company, together with its subsidiaries, joint ventures and associates for December of 2017 amounted to approximately RMB 7.96 billion, representing year-on-year increase of 93%; contracted sales GFA amounted to approximately 416,000 sq.m., representing year-on-year increase of 95%; contracted average selling price was approximately RMB 19,100/sq.m., representing year-on-year decrease of 1%. The accumulated contracted sales for the twelve months ended 31 December 2017 amounted to approximately RMB 70.56 billion, representing year-on-year increase of approximately 40%; accumulated contracted sales GFA amounted to approximately 3,711,000 sq.m., representing year-on-year increase of approximately 28%; contracted average selling price was approximately RMB 19,000/sq.m., representing year-on-year increase of 9%.