Yuexiu Property Limited announced on October 10, 2024 that the actual contract sales amount in September 2024 was approximately RMB 7.21 billion, a decrease of about 27.7% compared to the same period last year. The contract sales area was about 0.2504 million square meters, a decrease of about 31.8% year-on-year. From January to September 2024, the accumulated contract sales amount was approximately RMB 77.641 billion, a decrease of about 30.6% year-on-year. The accumulated sales area was about 2.6281 million square meters, a decrease of about 22.2% year-on-year, accounting for about 52.8% of the annual sales target. In addition, the company acquired approximately 95.48% of the actual equity of a land parcel in Guangzhou in September through public listing. The land parcel is located at the junction of Baiyun...Show More

Yuexiu Property Limited announced on October 10, 2024 that the actual contract sales amount in September 2024 was approximately RMB 7.21 billion, a decrease of about 27.7% compared to the same period last year. The contract sales area was about 0.2504 million square meters, a decrease of about 31.8% year-on-year. From January to September 2024, the accumulated contract sales amount was approximately RMB 77.641 billion, a decrease of about 30.6% year-on-year. The accumulated sales area was about 2.6281 million square meters, a decrease of about 22.2% year-on-year, accounting for about 52.8% of the annual sales target. In addition, the company acquired approximately 95.48% of the actual equity of a land parcel in Guangzhou in September through public listing. The land parcel is located at the junction of Baiyun District and Tianhe District in Guangzhou, with a planned total construction area of approximately 65,619 square meters. It is designated for residential use, with a land price of about RMB 0.936 billion. The company reminds investors that the unaudited information above is for reference only, and investors should trade cautiously and seek professional advice when necessary.