CHINANEWTOWN (01278) Achieves Pre-Tax Annualized Guaranteed Investment Income of Approximately RMB 271 Million by End of March

Stock News
Apr 08

CHINANEWTOWN (01278) announced that as of March 31, 2026, after deducting provisions for impaired risk assets, the total amount of the company's fixed-income project investment portfolio stood at approximately RMB 3.823 billion. Excluding the risk projects, other projects generated a pre-tax annualized guaranteed investment income of about RMB 271 million based on contractual agreements, corresponding to an average pre-tax annualized investment return rate of approximately 7.1%. Compared to the investment portfolio as of December 31, 2025, the Group added new investments during the first quarter, including the Yancheng Fengyifu Health Community Project, the second phase of the Wenzhou Lucheng District Fixed Income Project, and the Yangzhou Yizheng Fixed Income Project. Additionally, an extra investment of RMB 100 million was made in the Yangzhou Guangling Food Industrial Park Project. The Group exited from the Liyang High-Tech Zone Smart Connected Vehicle Test Site Project and the Yangzhou Hanjiang Industrial Upgrade Project, recovering a total principal of RMB 890 million, along with all principal and related guaranteed investment returns.

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