Nam Tai Property Inc. announced that the Company (through its subsidiary) obtained the pre-sale permits for towers 1, 2 and 6 of Nam Tai • Longxi on July 30, 2021. The Company commenced the pre-sale of the first batch of approximately 260 residential units which are equivalent to 27,899 square meters on August 6, 2021 (the “Unit(s)”). The average per-square-meter sales price of the Units will be no more than RMB 22,939 (or USD 3,551) which is in accordance with the approval of the Bureau of Housing and Urban Rural Development of Dongguan.