In December 2017, BCL achieved a total contracted sales area of 316,000 sq.m., while corresponding contracted sales amounted to approximately RMB8.5 billion, representing an increase of 29.7% compared with last year. In 2017, BCL’s cumulative contracted sales area amounted to approximately 2.4 million sq.m. and the cumulative contracted sales amounted to approximately RMB55.85 billion, representing an increase of 22.7% compared with last year. The average selling price in 2017 was RMB23,000/sq.m, representing an increase of 15.8% compared with last year. As at the end of December 2017, cumulative subscription sales awaiting signing of official sales contracts amounted to approximately RMB1.19 billion.