According to the performance report released by Evergrande (HK.3333) on Dec. 3, the Group ‘s sale from Jan. to Nov. of the year amounted to RMB 120.7 billion with year-on-year increase of 22.7%, accounting for 109.7% of the 2014 target sale of RMB 110 billion, and the sold floor area hit 16,681,000 m2 with a year-on-year increase of 14.2%. The sale in Nov. was up to RMB 13.41 billion with increase of 48.2% and 88.5% on month-on-month and year-on-year basis respectively, making a new record for monthly sale in the second half year, the sold floor area of the month reached 1,692,000 m2 with month-on-month increase of 64.4% and year-on-year increase of 56.6%. 

It had been predicted by insider that Evergrande, a property developer with business extending to over 150 cities in China, would be the first domestic property developer to reach its annual target sale. The Group has been enjoying a leading position in the target sale achievement of the industry over the last few months and rated as “a group with strong momentum in sale” for several times by Moody’s and other research institutes in 2014.