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CIFI Achieved the Contracted Sales of RMB 8.01B in September

By   /  October 9, 2017  /  Comments Off on CIFI Achieved the Contracted Sales of RMB 8.01B in September

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Source: Media Outreach
Headline: CIFI Achieved the Contracted Sales of RMB 8.01B in September
First 9M of RMB 68.92B, up 67% YoY
During First 9M, 6 New Cities Contributed Contracted Sales of RMB 5.05B

HONG KONG,CHINA – Media OutReach – 9 October 2017 – CIFI Holdings(Group) Co. Ltd. (“CIFI”, or the “Group”, HKSE: 884), one of the “Top 20Real Estate Developers in China” is pleased to announce that contracted sales forSeptember 2017 increased approximately 60% year-on-year to RMB8.01 billion. Thefirst nine months achieved year-on-year growth of 67% to RMB68.92 billion.

In September 2017, the Group’s contracted ASP was RMB16,400 per sq.m., with the contracted GFA was approximately 489,000 sq.m.

From January to September 2017, contracted sales ofthe Group increased approximately 67% year-on-year to RMB68.92 billion with a contractedGFA of approximately 3,893,400 sq.m., while contracted ASP from January to September2017 was approximately RMB17,700 per sq.m. During the first nine months of 2017,contracted sales completed by the Group represented 86% of its revised full yeartarget of RMB80.0 billion.

About CIFI Holdings (Group)Co. Ltd.
CIFI isheadquartered in Shanghai and is amongst China’s Top 20 Real Estate Developers.CIFI principally focus on developing high quality and end-users drivenproperties in first- and second-tier cities in China. CIFI’s developmentprojects cover various properties types including residential, office andcommercial complexes. To learn more aboutthe Company, please visit CIFI’s website at: http://www.cifi.com.cn

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