China Resources Land : UNAUDITED OPERATING FIGURES FOR THE MONTH ENDED 28 FEBRUARY 2021

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(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1109)

UNAUDITED OPERATING FIGURES FOR THE MONTH ENDED 28 FEBRUARY 2021

The board of directors (the "Board") of China Resources Land Limited (the "Company") hereby announces that for the month ended 28 February 2021, the Company and its subsidiaries (the "Group") achieved gross contracted sales of approximately RMB17.53 billion with contracted GFA of approximately 1,104,244 square meters, up by 220.7% and 222.1% YoY respectively. Over the same period, attributable contracted sales achieved approximately RMB10.83 billion with contracted GFA of approximately 745,039 square meters, up by 159.1% and 166.9% YoY respectively.

Gross contracted sales regional breakdown for 2021 listed below:

Region	Total Contracted Sales (RMB mn)	Total Contracted GFA (square meter)
North China Region	8,341	438,427
East China Region	10,315	532,713
South China Region	15,215	624,108
West China Region	3,110	281,474
Northeast China Region	2,020	177,845
Central China Region	2,738	236,426
Total:	41,739	2,290,993

Rental income from investment properties in February 2021 achieved approximately RMB1.34 billion, up by 302.0% YoY. Rental income from investment properties for the first two months of 2021 achieved approximately RMB2.71 billion, up by 94.1% YoY.

The preliminary figures disclosed above are derived from the Group's internal management records and subject to change and may differ from those appear in the audited and unaudited financial statements of the Group to be published on yearly and half-yearly basis. They shall not be taken as a measure or indication of the Group's current or future operating or financial performance. As such they are strictly for information only and not for any other purpose. Investors are advised not to place any reliance on the information disclosed herein but to exercise due caution when dealing in the securities of the Company. Any investor who is in doubt is advised to seek advice from professional advisors.

By Order of the Board China Resources Land Limited

LI Xin

President

PRC, 12 March 2021

As at the date of this announcement, the non-executive directors of the Company are Mr. Wang Xiangming, Mr. Yan Biao, Mr. Chen Ying, Mr. Wang Yan and Mr. Chen Rong; the executive directors of the Company are Mr. Li Xin, Mr. Zhang Dawei, Mr. Xie Ji, Mr. Wu Bingqi and Mr. Guo Shiqing; and the independent non-executive directors of the Company are Mr. Ho Hin Ngai, Bosco, Mr. Andrew Y. Yan, Mr. Wan Kam To, Peter, Mr. Zhong Wei and Mr. Sun Zhe.