China Resources Land (01109) Total contract sales amount for the fiscal year 2024 is approximately 261.1 billion yuan, a decrease of 15% year-on-year.

China Resources Land (01109) announced that as of December 31, 2024, the company and its subsidiaries (the Group) achieved a total contract sales amount of approximately RMB 32.0 billion and a total contract sales area of approximately 1.301 million square meters in the past month, representing annual growth rates of 52.4% and 28.4% respectively. As of the end of December 2024, the cumulative total contract sales amount was approximately RMB 261.1 billion, and the total contract sales area was approximately 11.332 million square meters, representing annual decreases of 15.0% and 13.3% respectively. In December 2024, the Group's recurring revenue was approximately RMB 5.25 billion, representing a 7.9% increase year-on-year. Of this, rental income from operating real estate business was approximately RMB 2.75 billion, a year-on-year increase of 8.5%. The cumulative recurring revenue in 2024 was approximately RMB 48.04 billion, representing a year-on-year increase of 12.4%. Of this, rental income from operating real estate business was approximately RMB 29.21 billion, a year-on-year increase of 14.0%.