Summary by Futu AI
On June 6, 2024, KWG Group ("the Company") released unaudited operational data for May 2024. The report shows that the Company, its joint ventures, and associated companies' pre-sales amounted to RMB 1.18 billion, a 50.4% decrease YoY. Pre-sale building area was approximately 80,500 square meters, a 46.0% decrease YoY. The Company emphasizes that the above sales data is unaudited and is for reference only. Investors should exercise caution when buying or selling securities. The board of directors currently consists of seven directors, including Chairman Mr. Kong Jianmin, other executive directors, and independent non-executive directors.