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Poly Property Recorded Contracted Sales of Approximately RMB4.9 Billion for the First Month Ended 31 January 2023


The board of directors (the “Board”) of Poly Property Group Co., Limited (the “Company”) is pleased to announce certain unaudited sales data of the Company together with its joint ventures and associated companies (the “Group”) for January 2023.

In January 2023, the Group achieved contracted sales value of approximately RMB4.9 billion, representing a year-on-year increase of 105%. The contracted area sold was approximately 175 thousand sq. m., with contracted average selling price of approximately RMB27,990 per sq. m..