Shimao Group Holdings Limited reported unaudited sales results for the month of February and two months ended 28 February 2023. For the month, the Group's contracted sales amounted to approximately RMB 4.11 billion and the Group's contracted sold area amounted to 269,542 sq.m. The average selling price for February 2023 was RMB15,255 per sq.m.

For the Two months, Group's aggregated contracted sales for the two months ended 28 February 2023 amounted to approximately RMB 8.62 billion and the Group's aggregated contracted sold area amounted to 561,779 sq.m. The average selling price for the two months ended 28 February 2023 was RMB15,348 per sq.m.