China Merchants Land Limited reported operating results for the quarter and year ended December 31, 2019. For the period from 1 October 2019 to 31 December 2019, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 11,488,715,000 with an aggregate contracted sales area of approximately 671,035 square meters. The average selling price for the period from 1 October 2019 to 31 December 2019 amounted to approximately RMB 17,121 per square meter. For the year ended 31 December 2019, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 37,633,312,000 with an aggregate contracted sales area of approximately 2,116,012 square meters. The average selling price for the year ended 31 December 2019 amounted to approximately RMB 17,785 per square meter.