Contracted Sales of RMB15.72B in April 2019, YoY growth of 43% ; Contracted Sales of RMB50.13B in first 4M 2019, YoY growth of 31%

May 8, 2019

HONG KONG, CHINA – Media OutReach – 7 May 2019 –

In April 2019, the Group achieved the contracted sales of approx. RMB15.72 billion, representing a YoY increase of approx. 43% (compared to April 2018). Contracted GFA amounted to approx. 904,700 sq.m. and contracted ASP was approx. RMB17,400/sq.m. in April 2019.
From January to April 2019, the Group achieved contracted sales of approx. RMB50.13 billion, representing a YoY increase of approx. 31%. Contracted GFA amounted to approx. 2,841,700 sq.m. and contracted ASP was approx. RMB17,600/sq.m. from January to April 2019.

Land Acquisition

In April 2019, the Group completed the following land acquisitions:

City	Project	Group’s Current Equity Interest	Intended Primary Use	Site Area (sq.m.)	Total Planned GFA Excluding Carpark (sq.m.)	Group’s Attributable Consideration (RMB)	Average Land Cost (RMB/ sq.m.)
Tianjin	Ninghe District, Liangku Project	100%	Residential	28,700	57,300	269,000,000	4,692
Tianjin	Binhai New Area, Tanggu Bay No. 7 Project	100%	Residential	34,500	51,800	262,400,000	5,067
Xi’an	Weiyang District, Chanba Road 1 Project	100%	Residential	92,000	299,800	1,234,000,000	4,117
Chengdu	Xindu District, 123 acres Project	100%	Residential, Commercial	82,500	273,800	619,030,000	2,261
Chengdu	Jianyang City, Hedong New Area, 77 acres Project	100%	Residential	51,700	206,600	1,161,250,000	5,620
Hefei	Binhu Area, No. 2019-12 Project	100%	Residential	50,600	119,000	1,730,750,000	14,550
Hefei	Yaohai District, No. E1805 Project	33%	Residential	49,500	109,000	214,600,000	5,966
Taiyuan	Jiancaoping District, Sanjipian Area, SP1919-SP1928 Project	35%	Residential	672,700	2,520,000	1,695,750,000	1,923

Disclaimer:

All information contained in this newsletter is meant for your own reference only, and is not intended to, nor should it, constitute any investment advice. Any information contained in this newsletter, including those relating to contracted sales or land bank of CIFI Holdings (Group) Co. Ltd. (the “Company”), may be subject to change as a result of changes in our development, sales and investment processes and may not be consistently reflected in our financial reports. The Company expressly disclaims any liability for any of your loss or damage howsoever arising from or in reliance upon the contents of this newsletter.