Modern Land (China) Co., Limited announced unaudited sales results for the month and twelve months ended December 31, 2017. In December 2017, contracted sales of the group amounted to approximately RMB 2,957.82 million, of which, contracted sales of properties amounted to approximately RMB 2,957.18 million, whereas contracted sales of car parking spaces amounted to approximately RMB 42.64 million. GFA sold for properties was approximately 197,632 sq.m., with an average selling price of approximately RMB 14,751 per sq.m. For the twelve months, the company's contracted sales of the group amounted to approximately RMB 22,186.03 million, of which, contracted sales of properties amounted to approximately RMB 21,729.09 million, whereas contracted sales of car parking spaces amounted to approximately RMB 456.94 million. Gross floor area sold for properties was approximately 1,802,682 square metres, with an average selling price of approximately RMB 12,054 per sq.m.