GREENTOWN CHINA (03900) Reports Total Contract Sales of Approximately 178.5 Billion Yuan in First Nine Months, Down 4.6% Year-over-Year

Stock News
Oct 08

GREENTOWN CHINA (03900) announced that in September 2025, the Greentown Group's self-invested projects achieved sales of 1,966 units with a sales area of approximately 290,000 square meters. The monthly sales amount reached approximately 12.8 billion yuan, with an average selling price of approximately 43,657 yuan per square meter.

For the period from January to September 2025, Greentown Group achieved contract sales area of approximately 3.08 million square meters and contract sales amount of approximately 107.9 billion yuan. The equity amount attributable to Greentown Group was approximately 71.7 billion yuan.

As of September 30, 2025, there was an additional cumulative amount of approximately 3.7 billion yuan from signed subscription agreements that had not yet been converted to sales contracts, of which the equity amount attributable to Greentown Group was approximately 2.2 billion yuan.

In September 2025, Greentown Group's proxy construction projects achieved sales area of approximately 780,000 square meters and sales amount of approximately 10 billion yuan. From January to September 2025, the proxy construction projects cumulatively achieved sales area of approximately 5.33 million square meters and sales amount of approximately 70.6 billion yuan.

In summary, for the nine months ended September 30, 2025, Greentown Group cumulatively achieved total contract sales area of approximately 8.41 million square meters and total contract sales amount of approximately 178.5 billion yuan, representing a year-over-year decrease of 4.6%.

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