Powerlong Real Estate Holdings Limited announced unaudited operating results for the month and five months Ended 31 May 2020. The contracted sales value (including contracted sales value by joint ventures and associated companies) and contracted sales area of the Group in May 2020 amounted to approximately RMB 7,350 million and 484,021 square meters, respectively. The total contracted sales value (including contracted sales value by joint ventures and associated companies) and total contracted sales area of the Group for the five months ended 31 May 2020 amounted to approximately RMB 21,205 million and 1,377,310 square meters, respectively (as compared to RMB 22,520 million and 1,393,311 square meters for the five months ended 31 May 2019), representing a year-on-year contracted sales value decrease of approximately 5.8% and a year-on-year contracted sales area decrease of approximately 1.1%.