
Completed 47% of Full Year Sales Target (RMB190.0B)
HONG KONG, CHINA - Media OutReach - 4 July 2019 -
- In June 2019, the Group achieved contracted sales of approximately RMB22.34 billion, representing a YoY increase of approximately 47% (compared to June 2018). Contracted GFA amounted to approximately 1,235,200 sq.m. Contracted ASP was approximately RMB18,100/sq.m. in June 2019, up almost 22% YoY (compared to June 2018).
- From January to June 2019, the Group achieved contracted sales of approximately RMB88.44 billion, representing a YoY increase of approximately 34%. Contracted GFA amounted to approximately 5,088,200 sq.m. Contracted ASP was approximately RMB17,400/sq.m. from January to June 2019, with a YoY increase of about 14%.
- During the first six months of 2019, contracted sales completed by the Group represented approximately 47% of its full year target of RMB190.0 billion.
- From January to June 2019, breakdowns of the Group's contracted sales were as follows:
By City | RMB (billion) | % of total |
Beijing | 10.57 | 12.0% |
Hangzhou | 7.97 | 9.0% |
Chongqing | 6.26 | 7.1% |
Shanghai | 5.72 | 6.5% |
Suzhou | 5.09 | 5.8% |
Wenzhou | 4.64 | 5.2% |
Wuxi | 4.60 | 5.2% |
Hefei | 3.49 | 3.9% |
Jiaxing | 3.41 | 3.9% |
Wuhan | 2.77 | 3.1% |
Xi'an | 2.68 | 3.0% |
Ningbo | 2.63 | 3.0% |
Jinan | 2.58 | 2.9% |
Shenyang | 2.57 | 2.9% |
Nanjing | 2.47 | 2.8% |
Fushan | 1.90 | 2.1% |
Linyi | 1.69 | 1.9% |
Xuzhou | 1.69 | 1.9% |
Guangzhou | 1.62 | 1.8% |
Tianjin | 1.62 | 1.8% |
Chengdu | 1.55 | 1.8% |
Hong Kong | 1.42 | 1.6% |
Changsha | 1.21 | 1.4% |
Changzhou | 1.18 | 1.3% |
Qingdao | 1.15 | 1.3% |
Quzhou | 0.88 | 1.0% |
Nantong | 0.84 | 0.9% |
Weifang | 0.51 | 0.6% |
Jinhua | 0.44 | 0.5% |
Wuhu | 0.41 | 0.5% |
Others | 2.88 | 3.3% |
By City | RMB (billion) | % of total |
Yangtze River Delta | 45.52 | 51.5% |
Pan Bohai Rim | 21.17 | 23.9% |
Central Western Region | 15.56 | 17.6% |
South China Region | 6.19 | 7.0% |
Land Acquisition
· In first half of 2019, the Group completed the following land acquisitions:
Disclaimer:
All information contained in this newsletter is meant for your own reference only, and is not intended to, nor should it, constitute any investment advice. Any information contained in this newsletter, including those relating to contracted sales or land bank of CIFI Holdings (Group) Co. Ltd. (the " Company " ), may be subject to change as a result of changes in our development, sales and investment processes and may not be consistently reflected in our financial reports. The Company expressly disclaims any liability for any of your loss or damage howsoever arising from or in reliance upon the contents of this newsletter.