The board of directors of Powerlong Real Estate Holdings Limited announced unaudited sales of the Group for the month ended 31 December 2015. The contracted sales value and contracted sales area of the Group in December 2015 amounted to approximately RMB 1,834 million and 173,056 square meters, respectively.

The total contracted sales value and total contracted sales area of the Group for the twelve months ended 31 December 2015 amounted to approximately RMB 14,305 million and 1,532,013 square meters, respectively, as compared to RMB 10,648 million and 1,208,555 square meters for the twelve months ended 31 December 2014, representing a year-on-year contracted sales value increase of approximately 34.3% and a year-on-year contracted sales area increase of approximately 26.8%.