Shenzhen Overseas Chinese Town's cumulative contract sales amount from January to October was 19.96 billion yuan, a decrease of 42% year-on-year.

Shenzhen Overseas Chinese Town (000069.SZ) announced that from January to October 2024, the company achieved a cumulative contract sales area of 1.338 million square meters, a decrease of 20% year-on-year, and a contract sales amount of 19.96 billion yuan, a decrease of 42% year-on-year. In October 2024, the company achieved a contract sales area of 237,000 square meters, an increase of 94% compared to the monthly average sales area from January to September, and an increase of 72% year-on-year; the contract sales amount was 3.03 billion yuan, an increase of 61% compared to the monthly average sales amount from January to September, and an increase of 21% year-on-year. The company is closely following consumer trends, strengthening market research, and launching new products. Its subsidiary Happy Valley Company has strengthened the overall planning of festive activities, receiving over 1.2 million visitors during the National Day holiday, with record-breaking visitor numbers at Tianjin Happy Valley and Xiangyang Resort. In addition, the company has fully launched the Amazing Wave Festival to enhance the visitor experience. Since the festival began, it has welcomed over 1.9 million visitors. From January to October 2024, the company's cultural tourism enterprises have welcomed a total of 68.28 million visitors. In October 2024, the company's cultural tourism enterprises welcomed a total of 8.03 million visitors, a 20% increase compared to the monthly average from January to September.