China Overseas (00688) sales of properties in February amounted to approximately 8.464 billion yuan, a year-on-year decrease of 35.9%.
China Overseas Development (00688) announced that in February 2026, the contract property sales of China Overseas series companies amounted to approximately RMB 8.464 billion, a year-on-year decrease of 35.9%; and the corresponding sales area was approximately 358,700 square meters, a year-on-year decrease of 45.0%.
CHINA OVERSEAS (00688) announced that in February 2026, the contracted property sales amount of China Overseas Group companies was approximately RMB 8.464 billion, a yearly decrease of 35.9%; and the corresponding sales area was approximately 358,700 square meters, a yearly decrease of 45.0%.
From January to February 2026, the cumulative contracted property sales amount of China Overseas Group companies was approximately RMB 22.942 billion; and the corresponding cumulative sales area was approximately 875,400 square meters, representing yearly decreases of 9.0% and 29.7% respectively.
Furthermore, as of February 28, 2026, China Overseas Group recorded approximately RMB 11.228 billion in subscribed property sales, which is expected to be converted into contracted property sales in the coming months.
In February 2026, the company (along with its subsidiaries collectively referred to as "the Group") acquired two land plots in Hong Kong and Baoding, with a total attributable construction area of approximately 73,500 square meters and an attributable land price of approximately RMB 1.698 billion. From January to February 2026, the Group added a cumulative attributable construction area of approximately 73,500 square meters and a cumulative attributable land price of approximately RMB 1.698 billion.
Additionally, in February 2026, China Overseas Group and/or its subsidiaries did not acquire any land plots.
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