GREENTOWN CHINA (03900) Reports Total Contract Sales of Approximately RMB 156.3 Billion in First 8 Months, Down 5.62% YoY

Stock News
Sep 04

GREENTOWN CHINA (03900) announced that in August 2025, Greentown Group's self-invested projects achieved sales of 1,885 units with a sales area of approximately 270,000 square meters. The monthly sales amount reached approximately RMB 10.6 billion, with an average selling price of approximately RMB 38,610 per square meter.

For the period from January to August 2025, Greentown Group achieved contract sales area of approximately 2.77 million square meters and contract sales amount of approximately RMB 95.7 billion, of which the equity amount attributable to Greentown Group was approximately RMB 63.7 billion.

As of August 31, 2025, there were cumulative signed subscription agreements not yet converted to sales contracts amounting to approximately RMB 3.1 billion, of which the equity amount attributable to Greentown Group was approximately RMB 1.7 billion.

In August 2025, Greentown Group's construction management projects achieved sales area of approximately 770,000 square meters and sales amount of approximately RMB 9.5 billion. From January to August 2025, Greentown Group's construction management projects cumulatively achieved sales area of approximately 4.55 million square meters and sales amount of approximately RMB 60.6 billion.

In summary, for the 8-month period ended August 31, 2025, Greentown Group cumulatively achieved total contract sales area of approximately 7.32 million square meters and total contract sales amount of approximately RMB 156.3 billion, representing a decrease of 5.62% year-on-year.

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