Yuexiu Property Company Limited announced unaudited sales results for the month and year to date ended December 31, 2018. For the month the company reported the value of the company's contracted sales contracted sales by joint venture projects) amounted to approximately RMB 11,308 million, representing a year-on-year increase of approximately 128%. The corresponding gross floor area amounted to approximately 573,600 sq.m., representing a year-on-year increase of approximately 185%. For the year to date, the company reported the value of the aggregate contracted sales (including contracted sales by joint venture projects) of the Company for the period from January to December 2018 amounted to approximately RMB 57,783 million, representing a year-on-year increase of approximately 41%. The corresponding GFA of the Accumulated Contracted Sales amounted to approximately 2,768,900 sq.m., representing a year-on-year increase of approximately 25%. The value of the Accumulated Contracted Sales accounted for approximately 105% of the 2018 contracted sales target of RMB 55 billion.