Powerlong Real Estate Holdings Limited announced unaudited operating results for the month and ten months ended October 31, 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 October 2020 amounted to approximately RMB 8,098 million and 526,252 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 ten months ended October 31, 2020 amounted to approximately RMB 62,421 million and 4,067,204 square meters, respectively (as compared to RMB 50,512 million and 3,137,391 square meters for the ten months ended October 31, 2019), representing a year-on-year total contracted sales value increase of approximately 23.6% and a year-on-year total contracted sales area increase of approximately 29.6%.