Shenzhen Investment Limited reported group unaudited contracted sales results for the month and year ended December 2022. The group's unaudited contracted sales for December 2022 amounted to approximately RMB 8.239 billion, representing an increase of 621.1% MoM and an increase of 116.4% YoY. The contracted sales area was approximately 426,939 sq.m., up 909.6% MoM and up 195.9% YoY. The significant increase in the Group's contracted sales for the month was due to the block-sale transactions concluded for its projects including Bay Front, Upperhills, Boying Building, Zhifeng Building and Taizhou Yunqi Garden, and the breakthrough in sales of the Shum Yip Yunzhu project at year end, with a total sales amount of approximately RMB 7,644 million recorded for these projects.

For year 2022, the Group recorded unaudited total contracted sales of approximately RMB 19.209 billion, representing an increase of 0.6% YoY, and the total contracted sales area was approximately 823,819 sq.m., up 23.6% YoY. The average selling price was approximately RMB 23,317 per sq.m.