In June 2018, BCL achieved a total contracted sales area of approximately 504,000 sq.m., an increase of 110.6% year-over-year, while the corresponding contracted sales amounted to approximately RMB20.28 billion, an increase of 262.1% year-over-year. As at the end of June 2018, BCL’s cumulative contracted sales area was approximately 1,268,000 sq.m., an increase of 17.6% year-over-year, and the cumulative contracted sales amounted to approximately RMB36.07 billion, an increase of 47.2% year-over-year. The average selling price was RMB28,000/sq.m, an increase of 25.2% year-over-year. As at the end of June 2018, cumulative subscription sales awaiting signing of official sales contracts amounted to approximately RMB1.70 billion.