In the fourth quarter, Jiangsu Phoenix Property Investment (600716.SH) recorded a total sales amount of 266 million yuan for commercial residential properties, a 10.76% decrease compared to the same period last year.

Announcement of Jiangsu Phoenix Property Investment (600716.SH), October to December 2024: The company's contracted sales area of commodity housing is 11,449.92 square meters, an increase of 32.72% compared to the same period last year; the contracted sales amount is 266 million yuan, a decrease of 10.76% compared to the same period last year. This year, the main signing area is 6,945.25 square meters in Zhenjiang Heyi Residence, with an amount of 77.078 million yuan; while in the same period last year, the main signing areas were 4,303.21 square meters in Nanjing Zijin and Xufu Shoukai, with an amount of 233.7987 million yuan. (This sales data is unaudited and provided by the marketing department. The final data is subject to annual accounting audit.)