Central China Real Estate Ltd. Reports Significant Decline in Contracted Sales, Adopts Cost Controls and Defers Major Investments

Reuters
2025/09/30
<a href="https://laohu8.com/S/CNLLF">Central China Real Estate</a> Ltd. Reports Significant Decline in Contracted Sales, Adopts Cost Controls and Defers Major Investments

Central China Real Estate Ltd. has provided a business update reflecting ongoing challenges in the property sector. The company reported a significant decline in contracted sales for the eight months ended 30 August 2025, attributing this weakness to subdued household income expectations and widespread anticipation of further property price declines, which prevented a clear market recovery. To address these difficulties, the company has implemented measures to accelerate pre-sales and sales, including expense support and employee incentives, as well as enhanced reporting and performance planning by city marketing managers. Despite these efforts, market conditions remained difficult. Additionally, the company has taken steps to control administrative costs and capital expenditures by optimizing its organizational structure and reducing labor and administrative expenses such as travel and meeting costs. Central China Real Estate has also been proactive in settling outstanding litigations, closely monitoring maturing loans, and seeking government and court assistance to ensure timely property delivery and mitigate foreclosure risks. The company advises shareholders and prospective investors to exercise caution when dealing in its shares.

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. Central China Real Estate Ltd. published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.

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