Greentown China (03900) Announces Unaudited 11-Month Operating Data

Bulletin Express12-04

Greentown China (03900) reported total contracted sales of approximately RMB14.4 billion in November 2025, based on the sale of 2,718 units encompassing an estimated 400,000 square meters. The average selling price in November stood at around RMB36,209 per square meter.

From January to November 2025, contracted sales reached approximately RMB132.9 billion over a sales area of around 3,900,000 square meters, with roughly RMB87.7 billion attributable to the Group. During the same period, subscription sales amounted to roughly RMB5.4 billion, of which around RMB3.8 billion was attributable to the Group.

The project management business recorded around 740,000 square meters of sales area in November, representing sales of about RMB9.9 billion. Across the first eleven months of 2025, this segment generated a total sales value of about RMB90.6 billion, covering approximately 6,920,000 square meters.

Overall, the Group’s total sales area for the eleven months ended 30 November 2025 approached 10,820,000 square meters, corresponding to total contracted sales of approximately RMB223.5 billion. The above figures are based on preliminary internal data and may differ from future audited or unaudited consolidated financial statements.

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