Central China Real Estate Limited announces sales results for the month and twelve months ended December, 2022. The board of directors of the Central China Real Estate Limited announces that, in December 2022, the Group achieved property contracted sales of RMB 2,263 million, representing a year-on-year decrease of 78.2%, with a contracted sales gross floor area ("GFA") of 352,869 square metres ("sq.m."), representing a year-on- year decrease of 76.4%, and with the average selling price per sq.m. amounted to RMB 6,412, representing a year-on-year decrease of 7.5%.
For the twelve months ended 31 December 2022, the Group achieved total property contracted sales of RMB 24,049 million, representing a year-on-year decrease of 60.0%, with a total contracted sales GFA of 3,448,656 sq.m., representing a year-on-year decrease of 57.8%, and with the average selling price per sq.m. amounted to RMB 6,973, representing a year-on-year decrease of 5.3%.