China Vanke : UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT PROJECTS FOR THE MONTH ENDED ...

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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 APRIL 2021

The board of directors of China Vanke Co., Ltd.* (the "Company") hereby announce that for the month ended 30 April 2021, the Company achieved a contract sales area of 3,086,000 sq. m., with a contract sales amount of RMB49.77 billion. From January to April of 2021, the Company achieved an accumulated contract sales area of 14,130,000 sq. m. and a contract sales amount of RMB229.24 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 20 new development projects since the disclosure of the sales update for the month ended 31 March 2021. Details of the projects are as follows:

				Percentage	Land	Comprehensive	Plot Ratio-based	GFAAttributable	Land Premium
					Attributable to
No.	City	Name of the	Location	Interest	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)
1	Dongguan	Liaoxia Project	Houjie Town	40%	105	2.4	251	100	813
2	Zhuhai	No.2020-18 Land Lot of	Jinwan District	51%	73	1.7	124	63	578
Binhai Commericial Zone
3	Nanchang	80 Mu Land Lot of	Nanchang	50%	54	1.8	97	48	257
Xianghubinjiang	County
4		No.8 Land Lot North to	Jinghu	100%	36	1.8	65	65	1,575
Shaoxing	Fenglin West Road	New District
5	No.6 Land Lot North to	Jinghu	100%	67	1.4	94	94	2,455
	Fenglin West Road	New District
6	Wenzhou	A-13 Land Lot Front of	Ouhai District	100%	17	2.5	42	42	394
Ouhai Railway Station
		Land Lot East to	Economic
7	Changzhou	Development	49%	30	2	60	29	291
Eastern Dongfangjunkai
			Zone
		Land Lot East to Puyuehupan	Economic
8	Jiaxing	Development	100%	58	2.1	121	121	1,214
(Jingkai 2021-03)
		Zone

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				Percentage	Land	Comprehensive	Plot Ratio-based	GFAAttributable	Land Premium
					Attributable to
No.	City	Name of the	Location	Interest	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)
			Economic &
9		135 Mu Land Lot of	Technological	100%	90	1.8	162	162	2,459
Jinhua	Bangbang Industrial Park	Development
		Zone
10		Huangjinyuan No.3 Land Lot	Wucheng	100%	133	1.8	240	240	2,200
	New District
		No.1 Land Lot South to
11		National Games Road and	Hunnan	100%	185	2	369	277	2,087
	West to No. 304	New District
		National Highway
		No.2 Land Lot South to
12	Shenyang	National Games Road and	Hunnan	100%	37	1.1	41	31	18
West to No. 304	New District
		National Highway
		No.3 Land Lot South to
13		National Games Road and	Hunnan	100%	59	1.4	83	62	29
	West to No. 304	New District
		National Highway
		Phase III Land Lot of
14		Follow-up Phase of	Gongzhuling	51%	352	1.8	628	320	326
Changchun	Nanjun in	City
	Sunflower Town of Fanjiatun
15		No.55 Land Lot in Southern	Jingyue	50%	105	1.8	193	97	547
	Extension Line of Linhe Street	District
16	Weifang	Project of Square	Weicheng	100%	115	2.2	253	253	622
South to Railway Station	District
17		89 Mu Land Lot in	Xixian	100%	59	2.3	137	137	633
Xi'an	Jinghe New Town	New District
18	57 Mu Land Lot in	Xixian	100%	38	2.3	87	87	428
	Jinghe New Town	New District
		718 Mu Project of	Gaolan
19	Lanzhou	Dream City Follow-up	51%	479	2.4	1,161	592	1,421
County
		Phase in Yanchi Zone
20	Yinchuan	120 Mu Project in Wangyuan	Yongning	22.40%	80	2	161	36	49
District	District
		Total			2,172	-	4,369	2,856	18,396

The Company has not acquired any new logistic development projects since the disclosure of the sales update for the month ended 31 March 2021.

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, 9 May 2021

As at the date of this announcement, the Board comprises Mr. YU Liang, Mr. ZHU Jiusheng and Mr. WANG Haiwu as executive directors; Mr. XIN Jie, Mr. HU Guobin and Mr. LI Qiangqiang as non-executive directors; and Mr. KANG Dian, Ms. LIU Shuwei, Mr. NG Kar Ling, Johnny and Mr. ZHANG Yichen as independent non- executive directors.

• For identification purpose only

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