Yuzhou Group Posts RMB 3.639 Billion in Cumulative Sales for January-August Period

Stock News
5小時前

YUZHOU GROUP (01628) has released its latest operational figures, revealing that contract sales for August 2026 reached RMB 396 million. The total floor area sold during the month stood at 27,246 square meters, translating to an average selling price of RMB 14,523 per square meter. Notably, sales generated through property-for-debt settlements accounted for RMB 70 million of this total, covering 8,039 square meters at an average price of RMB 8,791 per square meter.

Breaking down the August performance by entity type, the group's subsidiaries recorded contract sales of RMB 187 million, with a floor area of 12,815 square meters at an average price of RMB 14,552 per square meter. Within this segment, property-for-debt transactions contributed RMB 35 million, spanning 4,799 square meters at an average of RMB 7,310 per square meter. Joint ventures posted sales of RMB 24 million across 2,414 square meters, averaging RMB 10,083 per square meter, with debt-offset deals representing RMB 16 million over 1,483 square meters at RMB 10,722 per square meter. Associated companies generated RMB 185 million in sales from 12,017 square meters, achieving an average price of RMB 15,384 per square meter, while property-for-debt arrangements added RMB 19 million across 1,757 square meters at RMB 11,207 per square meter.

For the first eight months of 2026, the group's cumulative contract sales reached RMB 3.639 billion, with total floor area sold amounting to 272,897 square meters. The average selling price during this period was RMB 13,340 per square meter. Property-for-debt settlements contributed RMB 392 million to the cumulative figure, covering 45,631 square meters at an average price of RMB 8,596 per square meter.

Examining the eight-month data by company category, subsidiaries of the group achieved contract sales of RMB 1.698 billion, selling 127,546 square meters at an average price of RMB 13,310 per square meter. Of this, debt-offset sales totaled RMB 206 million across 29,473 square meters, averaging RMB 7,003 per square meter. Joint ventures posted cumulative sales of RMB 269 million from 26,380 square meters, with an average selling price of RMB 10,209 per square meter, while property-for-debt arrangements represented RMB 74 million across 6,841 square meters at RMB 10,623 per square meter. Associated companies delivered sales of RMB 1.672 billion, moving 118,971 square meters at an average price of RMB 14,067 per square meter, with debt-settled transactions contributing RMB 112 million over 9,317 square meters at RMB 12,145 per square meter.

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