China New Town Reports Fixed Income Portfolio of Approximately RMB 3.053 Billion as of End-June

Stock News
Jul 03

An announcement from China New Town (HKEX: 01278) reveals that, as of June 30, 2026, the group's fixed income project investment portfolio totaled approximately RMB 3.053 billion, after deducting impairment provisions for risk projects.

Excluding these risk projects, other projects generated an annualized pre-tax guaranteed investment return of about RMB 221 million under contract, corresponding to an average annualized pre-tax investment return rate of roughly 7.2%.

Compared to the portfolio as of March 31, 2026, the group's main activities in the second quarter included (i) adding new investment projects such as the Huzhou Wuxing Fixed Income Project and the Yancheng Yandu Fixed Income Project; and (ii) exiting several projects including the Wuxi High-tech Zone Industrial Park Project, the Wuxi Xinwu District Canal Culture Technology Industrial Park Construction Project, the Liyang Economic Development Zone Aerodynamic Research Institute Project, and the Yancheng Economic Development Zone Industrial Park Phase I Fixed Income Project, cumulatively recovering principal of RMB 1.10 billion and having received all principal and related guaranteed investment returns.

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