Longfor : Newsletter - Mar 2019

March 2019 Newsletter

New Projects

Longfor acquired 6 new projects this month (1 of which was from M&A), covering a total GFA of 446,000 m2 with attributable GFA of 401,000 m2 and attributable land price amounting to RMB5.36 billion. The Group newly entered Maoming in Guangdong Province. To date, the Group's business covers 48 cities.

Details of the land bank acquired by the Group in March 2019 are as follows:

						Attributable	Attributable
			Attributable	Site Area	Total GFA			Average cost
	Project	Location				GFA	Consideration
			Interest (%)
				(sqm)	(sqm)	(sqm)	(RMB mn)	(RMB/sqm)
1	Lize Paradise Walk Project	Beijing	51%	13,200	92,107	46,975	1,811	38,542
2	Potang Project	Maoming	100%	27,043	81,131	81,131	220	2,715
3	Municipal government Project	Dalian	100%	8,994	19,480	19,480	422	21,670
4	Yuhong No.81 Plot	Shenyang	100%	57,672	115,345	115,345	715	6,200
5	Dongma Project	Tianjin	100%	32,413	48,619	48,619	556	11,436
6	Nanta Plot	Shenyang	100%	25,564	89,475	89,475	1,637	18,300
	March Total			164,886	446,157	401,025	5,361	13,369

北京房山天街	北京景粼原著	深圳冠寓 前海店
Beijing Fangshan Paradise Walk	Beijing Orient Original	Shenzhen Rental Apartment

香港联交所股份代码：960

龙湖集团控股有限公司 投资者关系联络：施磊 / 袁媛 / 潘婷 电话：[phone] 电邮：[e-mail]

Sales Overview

At the end of March, the Group recorded aggregated contracted sales of RMB44.48 billion, with the contracted GFA sold amounting to 2,838,000m2. In March, the Group recorded aggregated contracted sales of RMB19.6 billion, with the contracted GFA sold amounting to 1,209,000 m2.

March 2019 Contracted Sales - Regional Breakdown:

Western

Pan Bohai Rim

Yangtze River

Central China

Southern China

Delta

Contracted Sales

4.12

4.29

4.61

4.78

1.76

(RMB bn)

(All figures above are unaudited)

北京房山天街	北京景粼原著	深圳冠寓 前海店
Beijing Fangshan Paradise Walk	Beijing Orient Original	Shenzhen Rental Apartment

香港联交所股份代码：960

龙湖集团控股有限公司 投资者关系联络：施磊 / 袁媛 / 潘婷 电话：[phone] 电邮：[e-mail]