GREENTOWN CHINA (03900) Reports Total Contracted Sales of Approximately RMB223.5 Billion in First 11 Months, Down 9.44% YoY

Stock News12-04

GREENTOWN CHINA (03900) announced that in November 2025, the company achieved sales of 2,718 units in self-developed projects, covering an area of approximately 400,000 square meters. The monthly sales amounted to RMB14.4 billion, with an average selling price of RMB36,200 per square meter.

From January to November 2025, GREENTOWN CHINA secured contracted sales of approximately 3.9 million square meters, totaling RMB132.9 billion, of which the attributable equity amount to the company was approximately RMB87.7 billion.

As of November 30, 2025, the company had signed认购 agreements worth RMB5.4 billion yet to be converted into sales contracts, with the attributable equity portion amounting to RMB3.8 billion.

In November 2025, GREENTOWN CHINA's project management business achieved sales of approximately 740,000 square meters, generating RMB9.9 billion in revenue. From January to November 2025, the project management segment recorded cumulative sales of 6.92 million square meters, totaling RMB90.6 billion.

Combining both segments, GREENTOWN CHINA reported total contracted sales of approximately 10.82 million square meters and RMB223.5 billion for the first 11 months of 2025, representing a year-on-year decline of 9.44%.

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