Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability)

(Stock code: 00123)

ANNOUNCEMENT

UNAUDITED SALES STATISTICS

AS AT 31 DECEMBER 2017

The board of directors ("Board") of Yuexiu Property Company Limited ("Company") is pleased to announce the unaudited sales statistics as at 31 December 2017 as follows:

In December 2017, the value of the Company's contracted sales (including contracted sales by joint venture projects) amounted to approximately RMB4,962 million, representing a year-on-year increase of approximately 47%. The corresponding gross floor area ("GFA") amounted to approximately 201,400 sq.m., representing a year-on-year decrease of approximately 14%.

The value of the aggregate contracted sales (including contracted sales by joint venture projects) of the Company for the period from January to December 2017 ("Accumulated Contracted Sales") amounted to approximately RMB40,869 million, representing a year-on-year increase of approximately 35%. The corresponding GFA of the Accumulated Contracted Sales amounted to approximately 2,220,100 sq.m., representing a year-on-year decrease of approximately 7%. The value of the Accumulated Contracted Sales accounted for approximately 114% of the 2017 contracted sales target of RMB36 billion.

OTHER UPDATE

As at 31 December 2017, the value of preliminary sales (the formal sales contracts that are expected to be entered into soon) ("Preliminary Sales") is approximately RMB455 million, and the GFA of the Preliminary Sales is approximately 20,500 sq.m..

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If the Preliminary Sales are aggregated with the Accumulated Contracted Sales, the total value of sales and the total corresponding GFA are approximately RMB41,324 million and approximately 2,240,600 sq.m. , respectively.

The above-mentioned sales data are unaudited and are based on the summary of internal information of the Company, which may differ from the figures to be disclosed in the audited or unaudited financial statements to be published by the Company on an annual or semi-annual basis due to various uncertainties during the process of collection and collating of such sales information. As such, the above data are provided for investors' reference only. Investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, investors are advised to seek professional advice from professional or financial advisers.

By Order of the Board Yuexiu Property Company Limited

Yu Tat Fung

Company Secretary

Hong Kong, 8 January 2018

As at the date of this announcement, the Board comprises:

Executive Directors:

ZHANG Zhaoxing (Chairman), ZHU Chunxiu, LIN Zhaoyuan,

LI Feng and CHEN Jing

Independent Non-executive

YU Lup Fat Joseph, LEE Ka Lun and LAU Hon Chuen Ambrose

Directors:

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Yuexiu Property Co. Ltd. published this content on 08 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 January 2018 11:09:04 UTC.

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