CIFI Holdings (Group) Co. Ltd. reported unaudited group sales results for the month and year to date ended December 2017. For the month, the group's contracted sales (including contracted sales by joint ventures and associated companies) amounted to approximately RMB 15.97 billion with contracted GFA of approximately 1,120,600 sq.m. Contracted average selling price was approximately RMB 14,300/sq.m.

For the year to date, the company reported the group's aggregated contracted sales (including contracted sales by joint ventures and associated companies) and contracted GFA amounted to approximately RMB 104.0 billion and 6,291,700 sq.m., respectively. Contracted average selling price was approximately RMB 16,500/sq.m.

The group has set an initial contracted sales target for the full year of 2018 at RMB 140.0 billion, representing an increase of approximately 35% from the contracted sales in 2017.