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Rapidly growing Greater Bay Area (GBA)-based developer. Aoyuan is a GBA-based developer headquartered in Guangzhou. At Dec 2019, it had total landbank of 45.0m sqm with RMB458.5b in saleable resources. Together with its urban renewal projects, Aoyuan has 44% saleable resources located in the GBA. Aoyuan completed its nationwide expansion and in 2018 switched to a deep rooted strategy. By 2019, gross contracted sales at Aoyuan reached RMB118b for a 66% three-year CAGR, ranking it 27th on CRIC's 2019 list of largest developers in terms of sales.

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CCB INTERNATIONAL SECURITIES LIMITED
12/F, CCB TOWER, 3 CONNAUGHT ROAD, CENTRAL, HONG KONG
TEL: (852) 3911 8000 / FAX: (852) 2537 0097
 

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