Sino-Ocean Group Holding Limited reported unaudited group sales results for the month and twelve months ended December 31, 2016. For the month, the contracted sales of the company, together with its subsidiaries, joint ventures and associates amounted to approximately RMB 4.12 billion, contracted sales GFA amounted to approximately 213,000 sq.m; contracted average selling price was approximately RMB 19,300 per sq.m. The accumulated contracted sales for the twelve months ended 31 December 2016 amounted to approximately RMB 50.38 billion, representing year-on-year increase of approximately 24%; accumulated contracted sales GFA amounted to approximately 2,902,000 sq.m., representing year-on-year decrease of approximately 9%; contracted average selling price was approximately RMB 17,400 per sq.m., representing year-on-year increase of 37%.