[ET Net News Agency, 10 October 2019] Yuexiu Property Company Limited (00123) said in
September 2019, the value of the company's contracted sales (including contracted sales by
joint venture projects) amounted to RMB4,017 million, representing a year-on-year increase
of 69%. The corresponding gross floor area (GFA) amounted to 217,400 sq.m., representing a
year-on-year increase of 100%.
The value of the aggregate contracted sales (including contracted sales by joint venture
projects) of the company for the period from January to September 2019 (Accumulated
Contracted Sales) amounted to RMB48,055 million, representing a year-on-year increase of
34%. The corresponding GFA of the Accumulated Contracted Sales amounted to 2.24 million
sq.m., representing a year-on-year increase of 29%. The value of the Accumulated
Contracted Sales accounted for 71% of the 2019 contracted sales target of RMB68 billion.
In September 2019, the company acquired an effective equity interest of 100% in relation
to a land parcel in Qingdao by way of land auction. The GFA of the land parcel is 49,600
sq.m. It is planned for residential land use. (RC)