Powerlong Real Estate Holdings Limited announced unaudited group sales results for the month ended January 31, 2020. For the period, the contracted sales value (including contracted sales value by joint ventures and associated companies) and contracted sales area of the Group in January 2020 amounted to approximately RMB 3,513 million and 220,792 square meters, respectively (as compared to approximately RMB 3,181 million and 209,012 square meters for the one month ended 31 January 2019), representing a year-on-year contracted sales value increase of approximately 10.4% and a year-on-year contracted sales area increase of approximately 5.6%.