Poly Developments: Market Value Fluctuations Influenced by Real Estate Sector Downturn

Deep News12-09

On December 9, Poly Developments And Holdings Group Co.,Ltd. responded to investor inquiries on an interactive platform, stating that changes in its market value are influenced by multiple factors, including the downturn in the real estate sector. The company remains committed to sustainable operations and has actively pursued inventory reduction since 2022, accelerating sales of existing projects. As of October this year, cumulative land investments for new projects exceeded 450 billion yuan, optimizing resource allocation while ensuring operational stability.

Amid evolving industry trends, Poly Developments is enhancing product quality, expanding rental housing operations, and strengthening core competitiveness to improve operational performance. The company expressed confidence in sustaining business improvements and will implement comprehensive market value management strategies based on industry developments and operational plans.

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