China Overseas Land & Investment Limited acquired seven land parcels in Changsha, Ningbo, Suzhou, Shanghai, Beijing and Jinan with an attributable GFA of approximately 1,915,810.80 square meters, of which one will be developed in form of cooperation project for October 2023. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB 36,288.63 million. From January to October 2023, the aggregate attributable GFA of the land acquired by the Group was approximately 5,106,230.44 square meters and the aggregate land premium payable by the Group amounted to approximately RMB 100,732.10 million.