Modern Land (China) Co., Limited announced unaudited sales results for the month and two months ended February 29, 2022. In February 2022, contracted sales of the Group amounted to approximately RMB 401.93 million, of which, contracted sales of properties amounted to approximately RMB 378.80 million, whereas contracted sales of car parking spaces amounted to approximately RMB 23.13 million. GFA sold for properties was approximately 45,631 sq.m., with an average selling price of approximately RMB8,301 per sq.m.

For the two months ended 28 February 2022, contracted sales of the Group amounted to approximately RMB 912.59 million, whereas contracted sales of car parking spaces amounted to approximately RMB 180.84 million. Gross floor area sold for properties was approximately 113,377 square metres, with an average selling price of approximately RMB 8,049 per sq.m.