New World Development's property sales in the Mainland and Hong Kong continue to grow, with sales reaching nearly 25 billion Hong Kong dollars so far this fiscal year, exceeding the full-year target by over 95%.

New World Development has announced that its business in mainland China and Hong Kong has shown continuous growth. As of the current fiscal year, the total contracted sales amount to approximately 24.8 billion Hong Kong dollars, accounting for over 95% of the group's annual sales target. In Hong Kong, the project in Wong Chuk Hang sold 19 units within three days, totaling over 1.1 billion Hong Kong dollars and setting a new market record for super luxury homes. Additionally, the joint project with Far East Consortium, Parc Inverness in Kai Tak, has sold 576 units, totaling nearly 4 billion Hong Kong dollars as of May 29 this year. In mainland China, New World has accelerated sales efforts, raising the annual sales target from 11 billion to 14 billion RMB. During the traditional peak sales season of "Golden May" in mainland China, New World China's contracted sales from May 1 to May 12 increased by 15% compared to last year's Labor Day holiday. In the Hong Kong market, the luxury residential project "Vibrant Dawn" sold 19 units within three days, totaling over 1.1 billion Hong Kong dollars, with an average unit price of 58.5 million Hong Kong dollars, setting a new regional high at 48,000 Hong Kong dollars per square foot. The project is a joint development by New World Development, Empire Group, and Capital Strategy. The projects in Kai Tak, "Parc Inverness" and in North Point, "The Palace", have recorded sales figures of nearly 4 billion and 3.58 billion Hong Kong dollars, respectively. Furthermore, New World Development recently signed a strategic cooperation agreement with the People's Government of Huangpu District in Shanghai, establishing a strategic partnership to promote the development of the Huaihai Road commercial district and enhance economic development efficiency.