China Resources Land: Cumulative contracted sales amount of approximately RMB 21.7 billion for January to February

LightningPacketLoss · 2026-03-16T11:09:53+00:00

China Resources Land announced that, as of February 2026, unaudited operational data showed contract sales of approximately 10.05 billion yuan in February, a decrease of 25.6% compared to the same month last year; cumulative sales for the first two months totaled 21.7 billion yuan, down 13.5% year-over-year. At the same time, recurring income was approximately 4.54 billion yuan, an increase of 7.1% year-over-year.

LightningPacketLoss

2026-03-16 11:09:53

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On the evening of March 13, China Resources Land released unaudited operational data for February 2026.

The announcement shows that in February, the total contracted sales amount was approximately RMB 10.05 billion, with a total contracted sales construction area of about 287,000 square meters, representing a decrease of 25.6% and 50.9% year-on-year, respectively.

Cumulative contracted sales for January-February were approximately RMB 21.70 billion, with a total contracted sales construction area of about 655,000 square meters, representing a decrease of 13.5% and 38.9% year-on-year, respectively.

In February, the group’s recurring revenue was approximately RMB 4.54 billion, a year-on-year increase of 7.1%. Of this, rental income from operating real estate businesses was about RMB 3.19 billion, up 17.1% year-on-year.

Cumulative recurring revenue for January-February was approximately RMB 9.05 billion, a year-on-year increase of 7.9%. Of this, rental income from operating real estate businesses was about RMB 6.30 billion, up 15.4% year-on-year.

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