China Vanke : UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT PROJECTS FOR THE MONTH ENDED 30 NOVEMBER 2019

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CHINA VANKE CO., LTD.*

萬科企業股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2202)

UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT

PROJECTS FOR THE MONTH ENDED 30 NOVEMBER 2019

The board of directors of China Vanke Co., Ltd.* (the "Company") is pleased to announce that for the month ended 30 November 2019, the Company achieved a contract sales area of 3,645,000 sq. m., with a contract sales amount of RMB54.54 billion. From January to November of 2019, the Company achieved an accumulated contract sales area of 36,974,000 sq. m. and a contract sales amount of RMB573.53 billion. Due to existence of various uncertainties in the sales process, the abovementioned sales figures may differ from the figures to be disclosed in regular reports. Therefore, the relevant figures are periodical data for investors' reference only.

The Company has acquired 9 new projects since the disclosure of the sales update for the month ended 31 October 2019. Details of the projects are as follows:

				Percentage	Land	Comprehensive	Plot Ratio-based	GFAAttributable	Land Premium
No.	City	Name of the	Location	Interest	Attributable to
Area	Plot	Gross Floor	to the Company's	the Company's
		Project		Attributable to	(Unit: '000 sq m)	Ratio	Area ("GFA")	Equity Holding	Equity Holding
				the Company	(Unit: '000 sq m)	(Unit: '000 sq m)	(RMB million)
		Zhongxin Knowledge City	Huangpu
1	Guangzhou	SZCN-C1-1 Land Lot Project	20.4%	129	1.8	232	47	363
District
		(Xingfuyu Phase 4)
2	Hangzhou	Yunhe Vanke Centre No. 4	Gongshu	24.5%	18	3.5	62	15	97
Land Lot	District
3	Taiyuan	Control Centre Project SG-	Xiaodian	50%	15	3.3	50	25	118
1963 Land Lot	District
4	Gongzhuling	GuiguAvenue Project	Fanjiatun Town	51%	227	2.0	453	231	148
	City
5	Harbin	Sunjia Material Factory Project	Xiangfang	50%	123	2.4	288	144	640
District
6	Qingdao	Yuantong Wulian Land Lot	West Coast	49%	39	2.5	96	47	253
New District

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				Percentage	Land	Comprehensive	Plot Ratio-based	GFAAttributable	Land Premium
No.	City	Name of the	Location	Interest	Attributable to
Area	Plot	Gross Floor	to the Company's	the Company's
		Project		Attributable to	(Unit: '000 sq m)	Ratio	Area ("GFA")	Equity Holding	Equity Holding
				the Company	(Unit: '000 sq m)	(Unit: '000 sq m)	(RMB million)
7	Xining	Chengzhong District 293 Mu	Chengzhong	20.4%	196	2.7	520	106	395
District
			Economic
8		Huaguan Road Project	Development	65%	140	2.5	350	227	729
	Guiyang		Zone
9		Emerald Park Follow-up 31	Guanshanhu	51%	20	2.5	50	26	139
	Mu Land Lot	District
		Total			907	-	2,101	868	2,882

Besides, the Company acquired 2 new logistics property projects, with an aggregate land premium attributable to the Company's equity holding to be settled amounted to RMB503 million. Details of the projects are as follows:

				Precentage	Land Area	GFA	GFAAttributable
				Interest	to the Company's
No.	City	Name of Project	Location	(Unit: '000 sq m)	(Unit: '000 sq m)
Attributable to	Equity Holding
				the Company			(Unit: '000 sq m)
1	Hangzhou	VX Hangzhou Airport Logistic Park	Xiaoshan District	100%	52.7	111.1	111.1
2	Changsha	VX Xiangjiang Changsha Gaoling	Kaifu District	50%	223.3	211.2	105.6
		Intelligent Logisitic Park
		Total			276.0	322.3	216.7

The Company's equity interests in the abovementioned projects may change as a result of introduction of cooperation parties for joint development of certain of these projects. The percentages of shareholdings disclosed above are for investors' reference only at current stage.

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By order of the Board

China Vanke Co., Ltd. *

Zhu Xu

Company Secretary

Shenzhen, the PRC, 2 December 2019

As at the date of this announcement, the Board comprises Mr. YU Liang, Mr. WANG Wenjin and Mr. ZHANG Xu as executive directors; Mr. LIN Maode, Mr. CHEN Xianjun and Mr. SUN Shengdian as non-executive directors; and Mr. KANG Dian, Ms. LIU Shuwei, Mr. NG Kar Ling, Johnny and Mr. LI Qiang as independent non-executive directors.

• For identification purpose only

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