Country Garden Cheng Guangyu: Expected annual equity sales between 30-40 billion yuan.

date
06/06/2025
On June 5th, Country Garden held an online shareholders meeting. In response to the company's sales target for 2025 and when to consider reinvesting in land issues, Executive Vice President and Executive Director Cheng Guangyu responded. He pointed out that Country Garden has not set an annual target, and the company will adjust the pace of sales based on the actual fund needs for completing construction, stabilizing debt, and ensuring operations. "From January to May, our equity sales amounted to 14 billion yuan. Based on this pace, it is estimated that the annual equity sales will be between 30 to 40 billion yuan."