China Overseas Grand Oceans Group Limited released unaudited operating data for September 2026 on 9 October, outlining a mixed performance across sales and land-bank activities.

In September, the Group achieved contracted property sales of RMB2.47 billion on 208,300 sq m of gross floor area (GFA), representing year-on-year declines of 12.1% and 17.2%, respectively.

Despite the softer monthly figures, cumulative performance remained solid. From January to September 2026, contracted sales reached RMB26.89 billion on 2,302,400 sq m of GFA, up 14.0% and 8.8% year on year. As at end-September, subscription sales awaiting conversion to contracts stood at RMB477.00 million, covering 35,800 sq m of GFA.

No new land was secured in September. Year to date, the Group acquired ten land parcels across cities including Taizhou, Yinchuan and Hefei, adding 1.28 million sq m of GFA at a total cost of RMB5.25 billion. The projects were all acquired at 100% attributable interest.

Additionally, between January and September, the company purchased the remaining equity interests in five cooperative projects located in Hefei and Zhanjiang for a total consideration of RMB212.98 million, consolidating full ownership.

Management emphasised that all disclosed figures are preliminary and unaudited; final numbers will be confirmed in forthcoming statutory financial statements. Investors are advised to interpret the data with caution.