CHINANEWTOWN Reports RMB 3.07 Billion Urbanization Fixed-Income Portfolio with 7.3% Average Yield

Bulletin Express
Oct 12

China New Town Development Company Limited (CHINANEWTOWN) released a voluntary announcement detailing the status of its urbanization fixed-income investment portfolio as of 30 September 2026. After deducting provisions for risky projects, the portfolio stands at RMB 3.07 billion.

The assets on hand carry contractually guaranteed pre-tax returns of RMB 223.00 million per annum, translating into an average annualized yield of approximately 7.3%.

During the third quarter, CHINANEWTOWN expanded the portfolio by adding the Taixing Economic Development Zone Fixed-Income Project and the Changzhou Xinbei New Central Axis Industry-City Integration Project. Concurrently, the Group exited three investments—Wuxi Huishan IDTI Dental Innovation Medical Device Center, Yancheng Water Purification Group, and Wenzhou Lucheng District Phase II—recovering RMB 580.00 million in principal and receiving all associated guaranteed gains.

Management affirmed that quarterly updates on the urbanization fixed-income business will continue to be provided via voluntary announcements.

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