Shimao Group Holdings Limited announced unaudited contract sales results for the month and two months ended February 29, 2024. In February 2024, the Group's contracted sales amounted to approximately RMB 2.23 billion and the Group's contracted sold area amounted to 171,248 sq.m. The average selling price for February 2024 was RMB 13,048 per sq.m.

The Group's aggregated contracted sales for the two months ended 29 February 2024 amounted to approximately RMB 4.35 billion and the Group's aggregated contracted sold area amounted to 321,568 sq.m. The average selling price for the two months ended 29 February 2024 was RMB 13,520 per sq.m.