China Merchants Land Limited announced unaudited contracted sales results for the fourth quarter and full year ended December 31, 2021. For the period from 1 October 2021 to 31 December 2021, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 18,077 million (representing a year-on-year increase of approximately 7%) with an aggregate contracted sales area of approximately 747,037 square meters (representing a year-on-year decrease of approximately 16%). The average selling price for the period from 1 October 2021 to 31 December 2021 amounted to approximately RMB 24,198 per square meter.

For the year ended 31 December 2021, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 55,196 million (representing a year-on-year increase of 11%) with an aggregate contracted sales area of approximately 2,392,049 square meters (representing a year-on-year decrease of 13%). The average selling price for the year ended 31 December 2021 amounted to approximately RMB 23,075 per square meter.