Longfor Group posts RMB16.55 billion in H1 2026 contracted sales; secures Lanzhou land parcel for RMB121 million

Bulletin Express07-13

Longfor Group Holdings Limited reported unaudited aggregated contracted sales of RMB16.55 billion for the six months ended 30 June 2026, supported by 1.75 million sqm of gross floor area (GFA).

\n\nJune performance contributed RMB2.88 billion of contracted sales and 299,000 sqm of GFA. Sales attributable to shareholders accounted for RMB1.90 billion and 209,000 sqm of GFA within the month.

\n\nOperating revenue for the first half reached RMB13.70 billion after tax (RMB14.61 billion before tax). Property operation generated RMB7.30 billion (RMB7.82 billion before tax), while property services delivered RMB6.40 billion (RMB6.79 billion before tax).

\n\nIn June, the developer expanded its land bank with the acquisition of the 100%-owned Hongshangen plot in Lanzhou. The site adds 45,265 sqm of attributable GFA at a consideration of RMB121 million, translating to an average cost of RMB2,669 per sqm.

\n\nAll figures are unaudited and based on preliminary internal data disclosed by the company.

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