Yuexiu Property Company Limited reported unaudited contracted sales results for the month and nine months ended October 31, 2018. In September 2018, the value of the company's contracted sales (including contracted sales by joint venture projects) amounted to approximately RMB 8,121 million, representing a year-on-year increase of approximately 156%. The corresponding gross floor area (GFA) amounted to approximately 329,800 sq.m., representing a year-on-year increase of approximately 115%.

The value of the aggregate contracted sales (including contracted sales by joint venture projects) of the company for the period from January to October 2018 amounted to approximately RMB 43,892 million, representing a year-on-year increase of approximately 37%. The corresponding GFA of the accumulated contracted sales amounted to approximately 2,068,800 sq.m., representing a year-on-year increase of approximately 12%. The value of the Accumulated Contracted Sales accounted for approximately 80% of the 2018 contracted sales target of RMB 55 billion.

The company is confident that the 2018 contracted sales target of RMB 55 billion can be achieved.