Powerlong Real Estate Holdings Limited announced unaudited operating results for the month and nine months ended September 30, 2020. For the month, the contracted sales value (including contracted sales value by joint ventures and associated companies) and contracted sales area of the Group in September 2020 amounted to approximately RMB 8,102 million and 525,720 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 nine months ended September 30, 2020 amounted to approximately RMB 54,323 million and 3,540,952 square meters, respectively (as compared to RMB 45,130 million and 2,783,787 square meters for the nine months ended September 30, 2019), representing a year-on-year total contracted sales value increase of approximately 20.4% and a year-on-year total contracted sales area increase of approximately 27.2%.