According to the Zhitong Finance App, Yuexiu Real Estate (00123) announced that in April 2024, the company achieved contract sales (along with contract sales of joint ventures and joint venture projects) of about RMB 8.312 billion, a year-on-year decrease of about 37.6%, achieving a contract sales area of about 318,500 square meters, a year-on-year decrease of about 19.5%.
From January to April 2024, the company's cumulative contract sales amount (along with contract sales for joint ventures and joint venture projects) was approximately RMB 30.14 billion, a year-on-year decrease of about 47.5%. The cumulative contract sales area was about 1.022,900 square meters, a year-on-year decrease of about 38.7%. The cumulative contract sales amount accounts for about 20.4% of the 2024 contract sales target of RMB 147 billion.
In April 2024, the company obtained an actual interest of about 95.00% of a plot of land in Shanghai through public listing. The plot is located in Jing'an District, Shanghai, with a total construction area of about 31,900 square meters. The planned use is residential land. The land price representing the actual interests of the company is approximately RMB 1,517 billion.
In April 2024, the company obtained an actual interest of about 27.77% of a plot of land in Guangzhou through public listing. The plot is located in Tianhe District, Guangzhou, with a total construction area of about 47,700 square meters. The planned use is residential land. The land price representing the actual interests of the company is approximately RMB 404 million.