GREENTOWN CHINA (03900) Reports Approximately RMB 107 Billion in Total Contracted Sales for First Seven Months, Down 21.78% Year-on-Year

Stock News
Aug 06

GREENTOWN CHINA (03900) has released an announcement detailing its sales performance for the seven months ending July 31, 2026.

In July 2026, the group's self-investment projects recorded 1,228 units sold, with a sales area of approximately 170,000 square meters. The monthly sales amount was around RMB 5.4 billion, with an average selling price of approximately RMB 31,035 per square meter.

For the period from January to July 2026, the group achieved a contracted sales area of about 2 million square meters, with a contracted sales amount of approximately RMB 65.5 billion. Of this, the amount attributable to GREENTOWN CHINA was around RMB 45.1 billion.

As of July 31, 2026, the company had an accumulated amount of signed subscription agreements not yet converted into sales contracts of approximately RMB 1.8 billion, of which the amount attributable to GREENTOWN CHINA was about RMB 1.2 billion.

In July 2026, the group's project management (代建) projects achieved a sales area of approximately 480,000 square meters, with a sales amount of around RMB 7 billion. For the first seven months of 2026, these projects cumulatively recorded a sales area of about 2.88 million square meters and a sales amount of approximately RMB 41.5 billion.

In summary, for the seven months ended July 31, 2026, GREENTOWN CHINA achieved a total contracted sales area of approximately 4.88 million square meters and a total contracted sales amount of about RMB 107 billion, representing a year-on-year decrease of 21.78%.

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