Guangzhou R&F Properties Co., Ltd. — Capital/Financing Update 2021

Jan 4, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock code: 2777)

UNAUDITED OPERATING STATISTICS FOR DECEMBER 2020 AND FULL YEAR 2020

The board of directors (the “Board”) of Guangzhou R&F Properties Co., Ltd. (the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that the Group’s attributable contracted sales for the month of December 2020 amounted to approximately RMB21.50 billion with 1,600,600 sq.m. of GFA. It represents a month-on-month increase of 47% and 31%. It also represents a year-on-year increase of 20% and 19% respectively.

For the full year of 2020, our attributable contracted sales were RMB138.79 billion with 11,530,900 sq.m. sold.

The sales data as disclosed above is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such sales information. As such, the above data is provided for investors’ reference only. Investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, investors are advised to seek professional advice from professional or financial advisers.

By order of the Board Guangzhou R&F Properties Co., Ltd. Michael Lee Joint Company Secretary

4 January 2021, Hong Kong

As at the date of this announcement, the executive directors of the Company are Dr. Li Sze Lim, Mr. Zhang Li, Mr. Zhang Hui and Mr. Xiang Lijun; the non-executive directors are Ms. Zhang Lin and Ms. Li Helen; and the independent non-executive directors are Mr. Zheng Ercheng, Mr. Ng Yau Wah, Daniel and Mr. Wong Chun Bong.

* For identification purposes only