China Overseas Hongyang Group Reports 21.3% Increase in Cumulative Sales for First Five Months of 2026

Stock News
Jun 04

CH OVS G OCEANS (SEHK: 00081) has announced its sales figures for May 2026 and the year-to-date period.

In May 2026, the group's contracted sales amounted to RMB 3.812 billion, covering an area of 323,700 square meters. This represents a year-on-year increase of 26.6% in sales value and 25.0% in sales area.

For the cumulative period from January to May 2026, the group achieved total contracted sales of RMB 15.244 billion and a total contracted sales area of 1.2996 million square meters. These figures reflect a year-on-year growth of 21.3% in sales value and 20.3% in sales area.

As of the end of May 2026, the group had a backlog of unconfirmed sales valued at RMB 678 million, covering an area of 54,900 square meters.

Regarding land acquisitions, the group did not add any new land reserves during the month of May 2026.

However, for the period from January 1 to May 31, 2026, the group added a total gross floor area of 86,700 square meters at a total land cost of RMB 287 million. The attributable floor area and attributable land cost for these additions were also 86,700 square meters and RMB 287 million, respectively.

Furthermore, between January and May 2026, the group acquired the remaining equity interests in two cooperative projects located in Hefei City, Anhui Province, for a total consideration of RMB 104 million.

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