Powerlong Real Estate Holdings Limited reported unaudited contracted sales results for the month and year to date ended December 31, 2017. For the month, the contracted sales value (including contracted sales value by joint ventures and associated companies) and contracted sales area of the Group amounted to approximately RMB 2,720 million and 199,274 square meters, respectively. For the twelve months, the total contracted sales value (including contracted sales value by joint ventures and associated companies) and total contracted sales area amounted to approximately RMB 20,882 million and 1,561,962 square meters, respectively (as compared to RMB 17,642 million and 1,468,459 square meters for the twelve months ended 31 December 2016), representing a year-on-year contracted sales value increase of approximately 18.4% and a year-on-year contracted sales area increase of approximately 6.4%.