Guangzhou R&F Properties Co., Ltd. reported unaudited sales results for the month and year ended December 2017. The group's contracted sales for the month of December 2017 amounted to approximately RMB 8.33 billion with 606,000 sq.m. of GFA. It represents a month-on-month increase of 12% and 1% respectively. It also represents a year-on-year increase of 76% and 50% respectively. For the full year of 2017, the company’s cumulative contracted sales were RMB 81.86 billion with 6,324,200 sq.m. sold. It represents a year-on-year increase of 35% and 35% respectively.