According to the Zhitong Finance App, Zhongyuan Construction (09982) announced that in March 2024, the contract sales of the projects managed by the group were RMB 1,246 billion, with a contract sales area of about 214,900 square meters. The average selling price per square meter in March 2024 was RMB 5,796.
For the three months ended March 31, 2024, the Group's contract sales for projects under management were RMB 3,795 billion, a year-on-year decrease of 26.8%. The contracted sales area was about 637,000 square meters, a decrease of 25.8% over the previous year. The average sales price per square meter for the three months ended March 31, 2024 was RMB 5,957, a decrease of 1.3% over the previous year.
For the three months ended March 31, 2024, the group had 3 newly signed contract projects, adding 365,000 square meters of construction area, a decrease of 68.4% over the same period in 2023.
As of March 31, 2024, the group has 266 projects under management, with a total construction area of 31.96.424 million square meters; it has a total of 421 contracted projects, with a total contracted construction area of about 53.4578 million square meters.