China Overseas (00688) reported a cumulative contract property sales amount of approximately 149.47 billion yuan in the first seven months, an increase of 13.2% year-on-year.
China Overseas Development (00688) announced that in July 2026, the contract property sales amount of China Overseas series companies was approximately RMB 15.119 billion, an increase of 27.6% year-on-year; while the corresponding sales area was about 550,600 square meters, a decrease of 16.6% year-on-year. The details of the contract property sales amount and the corresponding sales area are listed in Table 1 below.
CHINA OVERSEAS (00688) announced that in July 2026, the contracted property sales amount of the China Overseas series companies was approximately RMB 15.119 billion, representing a year-on-year increase of 27.6%; the corresponding sales area was approximately 550,600 square meters, reflecting a year-on-year decrease of 16.6%. Details of the contracted property sales amount and corresponding sales area are shown in List 1 below.
From January to July 2026, the cumulative contracted property sales amount for the China Overseas series companies was approximately RMB 149.470 billion, marking a year-on-year increase of 13.2%; the corresponding cumulative sales area was approximately 5.0534 million square meters, showing a year-on-year decrease of 12.6%.
In addition, as of July 31, 2026, the China Overseas series companies recorded recognized property sales of approximately RMB 13.855 billion, which are expected to convert into contracted property sales in the coming months.
In July 2026, our company (along with its subsidiaries, collectively referred to as "the Group") added five new land parcels located in Shenzhen, Taiyuan, Beijing, and Hong Kong, with a gross floor area of approximately 663,200 square meters and a land cost of approximately RMB 13.942 billion. From January to July 2026, the Group's total added land area amounted to approximately 1.4079 million square meters, with a cumulative land cost of approximately RMB 21.603 billion.
Furthermore, in July 2026, China Overseas HONYANG (along with its subsidiaries, collectively referred to as "CH OVS G OCEANS") added a new land parcel in Huizhou, Guangdong Province, with a gross floor area of approximately 161,300 square meters and a land cost of approximately RMB 549 million.
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