(Hong Kong, 7 June 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for May 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3.676 billion and the contracted gross floor area (“GFA”) reached 375,600 square meters, with a year-on-year decrease of 63.6% and 45.3% respectively, a month-on-month increase of 26.3% and 24.5% respectively.