Greentown China Holdings Reports Strong Sales Performance for First Five Months of 2026
Key Highlights from the Latest Unaudited Operating Data
- Robust Monthly Sales in May 2026: Greentown Group sold 2,122 units of self-investment projects, covering a sales area of approximately 320,000 sqm. Monthly sales reached RMB13.4 billion, with an impressive average selling price of RMB41,798 per sqm.
- Year-to-Date Performance: From January to May 2026, cumulative sales area reached approximately 1,480,000 sqm, and contracted sales amounted to RMB48.5 billion. Of this, RMB32.5 billion was directly attributable to Greentown Group.
- Subscription Sales: As of May 31, 2026, Greentown Group also recorded additional subscription sales totaling RMB3.2 billion (RMB2.1 billion attributable to the Group), highlighting continued buyer interest beyond contracted sales.
- Project Management Business: In May 2026, Greentown’s project management segment achieved sales of approximately 440,000 sqm, generating RMB6.3 billion. Cumulatively, for the first five months, this segment delivered RMB25.2 billion in sales over 1,780,000 sqm.
- Total Sales Summary: Taking all business lines into account, Greentown Group recorded a total sales area of approximately 3,260,000 sqm and total contracted sales of RMB73.7 billion from January to May 2026 – a figure that underscores the Group’s strong market presence and sales execution.
Important Information for Shareholders
- Potential Price Sensitivity: The strong sales momentum and high average selling prices suggest Greentown is navigating the market environment effectively, which may positively influence investor sentiment and the company’s valuation.
- Unaudited Figures: Shareholders should note that all data presented are unaudited and based on preliminary internal figures. Actual audited results may differ due to further data consolidation and review.
- Caution Advised: Investors are urged to exercise caution, as these preliminary results are for reference only and may not reflect final financial outcomes. The company explicitly advises not to place undue reliance on this data when making investment decisions.
Leadership Update
The Board, as of this announcement, comprises Chairman and Non-executive Director Mr. Liu Chengyun, Executive Directors Mr. Geng Zhongqiang, Mr. Li Jun, and Ms. Hong Lei, Non-executive Directors Mr. Stephen Tin Hoi Ng and Mr. Kevin Kwok Pong Chan, and Independent Non-executive Directors Mr. Jia Shenghua, Mr. Hui Wan Fai, Mr. Qin Yuemin, and Mr. Xiong Liangjun. The announcement was authorized by Chairman Liu Chengyun in Hangzhou, PRC, on June 4, 2026.
Conclusion
Greentown China Holdings has reported a solid start to 2026, with strong sales across both its self-investment and project management business segments. The continued momentum, high average selling prices, and additional subscription sales highlight ongoing demand and effective sales strategies. However, shareholders and potential investors are reminded these are preliminary unaudited results and should exercise due diligence.
Disclaimer
The information contained in this article is derived from unaudited preliminary data provided by Greentown China Holdings Limited. Investors should be aware that actual results may differ once audited figures are released. This article does not constitute investment advice. Please consult a professional adviser before making any investment decisions.
