Powerlong Real Estate Holdings Limited reported unaudited group contracted sales for the month ended 31 March 2022. The contracted sales value (including contracted sales value by joint ventures and associated companies) and contracted sales area of the Group in March 2022 amounted to approximately RMB 4,313 million and 271,307 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 three months ended 31 March 2022 amounted to approximately RMB 12,115 million and 768,063 square meters, respectively (as compared to RMB 24,614 million and 1,583,119 square meters for the three months ended 31 March 2021), representing a year-on-year total contracted sales value decrease of approximately 50.8% and a year-on-year total contracted sales area decrease of approximately 51.5%.