China Overseas Land's September Contracted Property Sales Reach RMB 15.581 Billion, Down 22.8% Year-on-Year

Stock News
10/09

According to an announcement from China Overseas Land & Investment Ltd (00688), for September 2026, the contracted property sales of the China Overseas series of companies amounted to approximately RMB 15.581 billion, representing a year-on-year decrease of 22.8%. The corresponding sales area was approximately 558,700 square meters, down 38.9% year-on-year.

For the period from January to September 2026, the cumulative contracted property sales of the China Overseas series of companies reached approximately RMB 181.035 billion, up 6.2% year-on-year. The corresponding cumulative sales area was approximately 6,123,700 square meters, down 19.2% year-on-year.

In addition, as of September 30, 2026, the China Overseas series of companies had secured subscribed property sales of approximately RMB 10.396 billion, which are expected to be converted into contracted property sales in the coming months.

In September 2026, the company, together with its subsidiaries (collectively the "Group"), added four new land parcels covering Xi'an, Shenyang, Shenzhen, and Shanghai, with an attributable gross floor area of approximately 343,600 square meters and attributable land cost of approximately RMB 7.783 billion.

From January to September 2026, the Group's cumulative newly added land attributable gross floor area was approximately 2,724,100 square meters, with cumulative attributable land cost of approximately RMB 56.147 billion.

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