Greentown China Holdings Limited announced unaudited sales results for the twelve months ended December 31, 2020. Greentown Group sold 13,855 units of self-investment projects with a saleable area of approximately 1,640,000 sqm in December 2020. Monthly sales reached approximately RMB 44.1 billion, with an approximate average selling price of RMB 26,878 per sqm. From January to December 2020, Greentown Group recorded a saleable area of approximately 8,250,000 sqm, with a contracted sales amounting to approximately RMB 214.7 billion (increased by 59% year-on-year); of which approximately RMB 119.4 billion was attributable to the Greentown Group. As at 31 December 2020, in addition to contracted sales, Greentown Group recorded subscription sales of RMB 5.6 billion, of which approximately RMB 2.9 billion was attributable to Greentown Group. In December 2020, the total saleable area of the properties sold under Greentown Group project management business using the "Greentown" brand name (non-self-investment projects, referred to as "projects under project management") achieved approximately 670,000 sqm, with a total contracted amount of approximately RMB 9.3 billion. From January to December 2020, the total contracted sales of the projects under project management reached approximately RMB 74.5 billion, with a total saleable area of approximately 5,600,000 sqm. Taking into account all of the above, for the twelve months ended 31 December 2020, Greentown Group recorded a total saleable area of approximately 13,850,000 sqm, with a total contracted sales of approximately RMB 289.2 billion, representing a year-on-year increase of approximately 43%.