Contracted Sales Value Grew 12% Year-On-Year to RMB1.466 Billion in July
Contracted Sales Value Grew 12% Year-on-Year to RMB1.466 billion in July Aggregate Contracted Sales Value Reached RMB12.954 billion from January to July 2015 Yuexiu Property Company Limited (“Yuexiu Property” or the “Company”) (HKEx Stock Code: 00123) registered contracted sales (“contracted sales” include contracted sales by joint venture projects) value of approximately RMB 1.466 billion in July 2015, representing a year-on-year increase of 12%. Contracted sales gross floor area (“GFA”) amounted to approximately 132,600 sq.m., representing a year-on -year increase of 7%. For January to July 2015, the aggregate contracted sales value amounted to approximately RMB12.954 billion, representing a year-on-year increase of 9%. The corresponding contracted sales GFA amounted to 1,222,300 sq.m., representing a year-on -year increase of 27%. The aggregate contracted sales value accounted for approximately 52% of the 2015 sales target of RMB24.8 billion. From January to July 2015, the aggregate value of contracted sales and preliminary sales (formal sales contracts which are expected to be entered into soon) was approximately RMB13.77 billion and the GFA of contracted sales and preliminary sales totaled approximately 1,296,900 sq.m.. According to the Company’s project launch schedule for 2015, the contracted sales performance for the period from January to July 2015 was in line with the expectation of the management. (RMB mn) Contracted Sales from Jan-Jul 2015 RMB/sqm 4000 13,000 15,000 11,200 10,600 10,000 11,100 10,300 10,300 3000 10,000 2000 3336 5,000 1000 2442 1795 1390 1816 1466 715 0 0 Jan Feb Mar Apr May Jun Jul Value (RMB mn) ASP (RMB/sqm) 1 EMPLOYEE NEWSLETTER Yuexiu Property Joins Forces with Greenland and Ping An to Develop Guangzhi Land Parcels In July 2015, Yuexiu Property has formed two joint ventures through its subsidiary separately with subsidiaries of two Fortune 500 companies, Greenland Holding Group Company Limited and Ping An Insurance (Group) Company of China, Ltd., to develop two land parcels in Guangzhi Area, Haizhu District, Guangzhou.
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