In July 2018, BCL achieved a total contracted sales area of approximately 126,000 sq.m., while the corresponding contracted sales amounted to approximately RMB1.46 billion. As at the end of July 2018, BCL’s cumulative contracted sales area was approximately 1,489,000 sq.m., an increase of 26.9% year-over-year, and the cumulative contracted sales amounted to approximately RMB37.53 billion, an increase of 41.3% year-over-year. The average selling price was RMB25,000/sq.m, an increase of 11.3% year-over-year. As at the end of July 2018, cumulative subscription sales awaiting signing of official sales contracts amounted to approximately RMB1.40 billion.