Yuexiu Property (00123) achieved a total contract sales of approximately 12.827 billion yuan in the first two months, representing a year-on-year increase of about 23.8%.
07/03/2025
GMT Eight
Yuexiu Property (00123) announced that in February 2025, the company achieved contract sales (including contract sales of joint ventures and associates) of approximately RMB 6.225 billion, an increase of about 63.2% year-on-year, with a contract sales area of approximately 115,700 square meters, a decrease of about 20.0%.
From January to February, the company's cumulative contract sales (including contract sales of joint ventures and associates) amounted to approximately RMB 12.827 billion, an increase of about 23.8% year-on-year, with a cumulative contract sales area of approximately 348,400 square meters, a decrease of about 6.7%.
In February 2025, the company's subsidiary, through a joint venture with other parties, acquired a 48.45% equity interest in a piece of land in the Yangsi block of Pudong, Shanghai through public listing. The land has a total planned construction area of approximately 104,369 square meters and is designated for residential use. The land price representing the company's equity interest is approximately RMB 2.466 billion.