CHINA OVERSEAS (00688) announced its operational results. In April 2026, the contracted property sales of the China Overseas series of companies amounted to approximately RMB 24.191 billion, representing a year-on-year increase of 20.0%. The corresponding sales area was about 802,100 square meters, up 9.0% compared to the same period last year.
From January to April 2026, the cumulative contracted property sales of the China Overseas series of companies reached approximately RMB 75.711 billion, a year-on-year rise of 13.7%. The corresponding cumulative sales area was about 2.6192 million square meters, which decreased by 10.6% compared to the prior year period.
Furthermore, as of April 30, 2026, the China Overseas series of companies recorded subscribed property sales of approximately RMB 11.608 billion, which are expected to be converted into contracted property sales in the coming months.
In April 2026, the company, together with its subsidiaries (collectively referred to as "the Group"), acquired four new land parcels located in Xi'an, Haikou, Changsha, and Jinan. The total attributable gross floor area is approximately 501,900 square meters, with a total attributable land premium of about RMB 3.036 billion. Additionally, the Group acquired a property development site at Phase 2 of Kam Sheung Road Station in Yuen Long, Hong Kong. The maximum residential gross floor area achievable is about 71,300 square meters, and the maximum commercial gross floor area is about 40,800 square meters. This project will be developed under a cooperation model.
From January to April 2026, the Group's cumulative attributable gross floor area for newly acquired land totaled approximately 633,900 square meters, with a cumulative attributable land price of about RMB 5.168 billion.
Separately, in April 2026, COB (China Overseas Property) and/or its subsidiaries did not acquire any land parcels.
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