China Overseas Grand Oceans Group Ltd. Acquires Three New Projects in China with Total Land Cost of RMB1.57 Billion

Reuters

2025/06/06

China Overseas Grand Oceans Group Ltd. Acquires Three New Projects in China with Total Land Cost of RMB1.57 Billion

China Overseas Grand Oceans Group Ltd. has announced the acquisition of three new real estate projects located in Nanning, Guangxi Zhuang Autonomous Region, Hefei, Anhui Province, and Lanzhou, Gansu Province. In May 2025, the company's property contracted sales reached RMB3,012,000,000 with a contracted gross floor area $(GFA)$ of 258,900 square meters, reflecting a year-on-year decrease of 21.1% and 20.0%, respectively. From January to May 2025, total property contracted sales amounted to RMB12,568,000,000 with a total contracted GFA of 1,080,300 square meters, showing a year-on-year decrease of 15.9% and 16.6%. The company continues to expand its portfolio, with the recent acquisitions marking significant growth opportunities despite the noted declines in sales figures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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Acquires Three New Projects in China with Total Land Cost of RMB1.57 Billion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Overseas Grand Oceans Group Ltd. Acquires Three New Projects in China with Total Land Cost of RMB1.57 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Overseas Grand Oceans Group Ltd. has announced the acquisition of three new real estate projects located in Nanning, Guangxi Zhuang Autonomous Region, Hefei, Anhui Province, and Lanzhou, Gansu Province. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Overseas Grand Oceans Group Ltd. 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Acquires Three New Projects in China with Total Land Cost of RMB1.57 Billion\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-06 17:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Overseas Grand Oceans Group Ltd. Acquires Three New Projects in China with Total Land Cost of RMB1.57 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Overseas Grand Oceans Group Ltd. has announced the acquisition of three new real estate projects located in Nanning, Guangxi Zhuang Autonomous Region, Hefei, Anhui Province, and Lanzhou, Gansu Province. In May 2025, the company's property contracted sales reached RMB3,012,000,000 with a contracted gross floor area <a href=\"https://laohu8.com/S/GFA\">$(GFA)$</a> of 258,900 square meters, reflecting a year-on-year decrease of 21.1% and 20.0%, respectively. From January to May 2025, total property contracted sales amounted to RMB12,568,000,000 with a total contracted GFA of 1,080,300 square meters, showing a year-on-year decrease of 15.9% and 16.6%. The company continues to expand its portfolio, with the recent acquisitions marking significant growth opportunities despite the noted declines in sales figures.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1166156734.SGD","symbol_name":"Fidelity Asian Smaller Companies A-ACC-SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL9vNGk:1","article_id":"2541832457","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541832457","pubTimestamp":1749200721,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China Overseas Grand Oceans Group Ltd. has announced the acquisition of three new real estate projects located in Nanning, Guangxi Zhuang Autonomous Region, Hefei, Anhui Province, and Lanzhou, Gansu Province. 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In May 2025, the company's property contracted sales reached RMB3,012,000,000 with a contracted gross floor area $(GFA)$ of 258,900 square meters, reflecting a year-on-year decrease of 21.1% and 20.0%, respectively. From January to May 2025, total property contracted sales amounted to RMB12,568,000,000 with a total contracted GFA of 1,080,300 square meters, showing a year-on-year decrease of 15.9% and 16.6%. The company continues to expand its portfolio, with the recent acquisitions marking significant growth opportunities despite the noted declines in sales figures.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}