(6 Jan 2016 - Hong Kong) China Aoyuan Property Group Limited ('Aoyuan' or the 'Company', Stock Code: 3883), a renowned property developer in China, is pleased to announce that the Company recorded contracted sales of approximately RMB2.14 billion in December 2015, with contracted gross floor area (GFA) sold amounting to approximately 249,000 sq.m., representing y-o-y increases of approximately 43% and 34% respectively. In 2015, the Company recorded contracted sales of approximately RMB15.17 billion and achieved approximately 112% of its full year target, maintaining an above industry average growth of approximately 24% y-o-y.

In 2015, Aoyuan's contracted sales were well balanced across regions. Contracted sales from Guangdong province and non-Guangdong province accounted for approximately 44% and 49% respectively, while contracted sales from overseas projects accounted for approximately 7%. In addition to the existing hot-selling projects such as Guangzhou Aoyuan City Plaza and Chongqing Aoyuan City Plaza, Aoyuan's newly launched projects also achieved satisfactory performance, namely its first overseas project One30 Hyde Park Sydney, Zhuhai Aoyuan Plaza and Chongqing Aoyuan Panlong Yihao, etc.


Aoyuan management commented, 'Aoyuan sustained its fast growth momentum throughout 2015 and achieved remarkable sales performance. The contracted sales in 2015 triples that in 2012, which is mainly attributable to effective product and development strategies, innovative sales and marketing model as well as enhanced operational efficiency. In 2016, Aoyuan will seize more opportunities to maintain its business growth above industry average, thus delivering satisfactory returns to our shareholders.'


- End -

China Aoyuan Property Group Limited issued this content on 2016-01-06 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 10:35:14 UTC

Original Document: http://en.aoyuan.com.cn/siteen/aspx/News_Companyinfo.aspx?id=4085