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 31 OCTOBER 2021

The board of directors of China Vanke Co., Ltd.* (the "Company") hereby announces that for the month ended 31 October 2021, the Company achieved a contract sales area of 2,581,000 sq. m., with a contract sales amount of RMB41.95 billion. From January to October of 2021, the Company achieved an accumulated contract sales area of 32,045,000 sq. m. and a contract sales amount of RMB521.07 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 6 new development projects since the disclosure of the sales update for the month ended 30 September 2021. Details of the projects are as follows:

				Percentage			Plot		Land Premium
				Interest			Ratio-based	GFA Attributable	Attributable to
				Attributable to		Comprehensive	Gross Floor Area	to the Company's	the Company's
No.	City	Name of the Project	Location	the Company	Land Area	Plot Ratio	("GFA")	Equity Holding	Equity Holding
					(Unit: '000 sq m)		(Unit: '000 sq m)	(Unit: '000 sq m)	(RMB million)
1		Phase II Land Lot of Yihai	Chengyang District	51%	91	1.8	162	83	286
	Qingdao	Road Project
2	Phase III 14# Land Lot of	West Coast New	51%	35	2.4	83	42	117
		Dongxifeng Project	Area
3	Changsha	Songya Lake Land Lot	Changsha County	100%	360	2.9	1,044	1,044	4,380
4	Foshan	Sanshan Junqu Farm Land	Nanhai District	100%	164	2.7	442	442	5,090
		Lot
5	Jiaxing	High-Speed Rail New City	Nanhu District	70%	97	1.7	167	117	708
		Yuli Future Community
		Land Lot
6	Lanzhou	610 Mu Land Lot	Lanzhou New Area	51%	407	2.9	1,179	601	627
		Total			1,154	-	3,077	2,329	11,208

The Company has not acquired any new logistic development projects since the disclosure of the sales update for the month ended 30 September 2021.

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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.

By order of the Board

China Vanke Co., Ltd. *

Zhu Xu

Company Secretary

Shenzhen, the PRC, 3 November 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. HUANG Liping 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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