Yuexiu Property Company Limited announced unaudited sales results for the month and year to date ended May 31, 2024. In May 2024, the value of the Company's contracted sales (including contracted sales of projects of joint ventures and associates) amounted to approximately RMB 10,078 million, representing a year-on-year decrease of approximately 18.4%. The corresponding gross floor area (GFA) of the contracted sales amounted to approximately 370,300 sq.m., representing a year-on-year decrease of approximately 6.1%.

The value of the aggregate contracted sales (including contracted sales of projects of joint ventures and associates) of the Company for the period from January to May 2024 (Accumulated Contracted Sales) amounted to approximately RMB 40,092 million, representing a year-on-year decrease of approximately 42.3%. The corresponding GFA of the Accumulated Contracted Sales amounted to approximately 1,393,200 sq.m., representing a year-on-year decrease of approximately 32.5%. The value of the Accumulated Contracted Sales accounted for approximately 27.3% of the 2024 contracted sales target of RMB 147.0 billion.