Mingfa Group (International) Announces 21.4% Drop in 1H2026 Contracted Sales: Key Details for Investors
Date: 23 July 2026
Company: Mingfa Group (International) Company Limited (Stock Code: 00846)
Key Highlights
- Significant Decline in Sales: Mingfa Group reported unaudited contracted sales of approximately RMB1.1 billion for the six months ended 30 June 2026, representing a 21.4% decrease compared to RMB1.4 billion in the same period of 2025.
- Widespread Impact Across Multiple Regions: The sales performance breakdown covers major cities and provinces, with the largest contributions from Zhangzhou (Fujian), Nanjing (Jiangsu), and Ma’anshan (Anhui).
- Average Selling Price: The overall average selling price stood at RMB7,115 per sq.m. across a total contracted area of 148,736 sq.m.
- Revenue Concentration: Zhangzhou, Fujian Province alone contributed 17.7% (RMB187.4 million) of the total, followed by Nanjing, Jiangsu Province (14.3%), and Ma’anshan, Anhui Province (8.4%).
- Other Key Markets: The report also includes performance in other cities such as Danzhou, Wuxi, Qingyang, Xiamen, Nan’an, Shenyang, Changsha, Tianjin, Hefei, Zibo, Shenzhen, Guang’an, and “Other” smaller locations.
Detailed Breakdown of Contracted Sales by Region
| Area | Contracted Area (sq.m.) | Avg. Selling Price (RMB/sq.m.) | Amount (RMB million) | Percentage of Total |
|---|---|---|---|---|
| Zhangzhou, Fujian | 28,343 | 6,611 | 187.4 | 17.7% |
| Nanjing, Jiangsu | 11,144 | 13,605 | 151.6 | 14.3% |
| Ma’anshan, Anhui | 14,150 | 6,301 | 89.2 | 8.4% |
| Danzhou, Hainan | 11,796 | 7,463 | 88.0 | 8.3% |
| Wuxi, Jiangsu | 6,987 | 8,226 | 57.5 | 5.4% |
| Qingyang, Anhui | 10,598 | 4,950 | 52.5 | 5.0% |
| Xiamen, Fujian | 3,776 | 11,418 | 43.1 | 4.1% |
| Nan’an, Fujian | 6,468 | 6,461 | 41.8 | 3.9% |
| Shenyang, Liaoning | 6,469 | 5,939 | 38.4 | 3.6% |
| Changsha, Hunan | 6,320 | 6,013 | 38.0 | 3.6% |
| Fengyang, Anhui | 6,852 | 5,473 | 37.5 | 3.5% |
| Tianjin | 4,808 | 6,880 | 33.1 | 3.1% |
| Hefei, Anhui | 2,210 | 13,125 | 29.0 | 2.7% |
| Zibo, Shandong | 3,204 | 8,772 | 28.1 | 2.7% |
| Shenzhen, Guangdong | 756 | 23,162 | 17.5 | 1.7% |
| Guang’an, Sichuan | 4,786 | 3,526 | 16.9 | 1.6% |
| Other | 20,069 | 4,614 | 108.8 | 10.4% |
| Total | 148,736 | 7,115 | 1,058.3 | 100% |
Important Information for Shareholders
- Price-sensitive Information: The notable 21.4% decline in contracted sales is likely to be material and could influence the company’s share price, reflecting possible challenges in the property market or company-specific issues.
- Unaudited Data: All figures released are unaudited and based on internal records. Final, audited numbers may differ and will be disclosed in the interim report.
- Caution Advised: The company explicitly warns investors not to place undue reliance on these preliminary figures and recommends seeking professional advice prior to any investment actions.
- Board Composition: The announcement discloses the current line-up of executive, non-executive, and independent non-executive directors, which is relevant for governance assessments.
Outlook and Considerations
The reported sales decline comes amid a challenging environment for China’s property sector. Investors should monitor upcoming interim results for more detailed financial disclosures and any management commentary on recovery or strategic adjustments.
Board Statement
The announcement is signed by Company Secretary Poon Wing Chuen on behalf of the Board, reiterating the preliminary nature of the data and urging caution among investors.
Disclaimer
This article is for information purposes only. The contents are based on a voluntary company announcement and are not audited financial statements. Investors are reminded that the information may be subject to change and should not form the sole basis of any investment decision. Please consult a professional adviser before making any investment in the company.
明發集團（國際）公司有限公司 2026年上半年合約銷售下降21.4%：投資者需知詳情
日期：2026年7月23日
公司：明發集團（國際）公司有限公司（股份代號：00846）
重點摘要
- 銷售大幅下滑：明發集團公佈截至2026年6月30日止六個月之未經審核合約銷售約為人民幣11億元，較2025年同期（約人民幣14億元）減少21.4%。
- 多地區受影響：銷售數據涵蓋多個主要城市及省份，以福建漳州、江蘇南京及安徽馬鞍山貢獻最大。
- 平均售價：整體平均售價為每平方米人民幣7,115元，合約面積共計148,736平方米。
- 收入集中：福建漳州單一地區貢獻佔比高達17.7%（人民幣1.874億元），其次為江蘇南京（14.3%）及安徽馬鞍山（8.4%）。
- 其他重要市場：報告亦包括了儋州、無錫、青陽、廈門、南安、瀋陽、長沙、天津、合肥、淄博、深圳、廣安以及「其他」地區的銷售表現。
各地區合約銷售詳細分佈
| 地區 | 合約面積（平方米） | 平均售價（人民幣/平方米） | 金額（百萬元） | 佔總額百分比 |
|---|---|---|---|---|
| 福建省漳州 | 28,343 | 6,611 | 187.4 | 17.7% |
| 江蘇省南京 | 11,144 | 13,605 | 151.6 | 14.3% |
| 安徽省馬鞍山 | 14,150 | 6,301 | 89.2 | 8.4% |
| 海南省儋州 | 11,796 | 7,463 | 88.0 | 8.3% |
| 江蘇省無錫 | 6,987 | 8,226 | 57.5 | 5.4% |
| 安徽省青陽 | 10,598 | 4,950 | 52.5 | 5.0% |
| 福建省廈門 | 3,776 | 11,418 | 43.1 | 4.1% |
| 福建省南安 | 6,468 | 6,461 | 41.8 | 3.9% |
| 遼寧省瀋陽 | 6,469 | 5,939 | 38.4 | 3.6% |
| 湖南省長沙 | 6,320 | 6,013 | 38.0 | 3.6% |
| 安徽省鳳陽 | 6,852 | 5,473 | 37.5 | 3.5% |
| 天津 | 4,808 | 6,880 | 33.1 | 3.1% |
| 安徽省合肥 | 2,210 | 13,125 | 29.0 | 2.7% |
| 山東省淄博 | 3,204 | 8,772 | 28.1 | 2.7% |
| 廣東省深圳 | 756 | 23,162 | 17.5 | 1.7% |
| 四川省廣安 | 4,786 | 3,526 | 16.9 | 1.6% |
| 其他 | 20,069 | 4,614 | 108.8 | 10.4% |
| 總計 | 148,736 | 7,115 | 1,058.3 | 100% |
股東需注意的重要事項
- 價格敏感信息：合約銷售大幅下滑21.4%，屬重大信息，有可能影響公司股價，反映地產行業或公司自身挑戰。
- 未經審核數據：本次公佈僅為內部未經審核數據，最終經審核數字將在中期報告披露。
- 謹慎投資：公司明確提醒投資者不可過度依賴初步數據，建議諮詢專業人士。
- 董事局組成：本次公告公佈了董事會現有人員，包括執行董事、非執行董事及獨立非執行董事，有助於評估公司管治結構。
前景及投資考慮
此銷售下滑反映中國地產行業挑戰。投資者應密切關注即將公佈的中期業績及管理層對市場回暖或策略調整的評論。
董事局聲明
公告由公司秘書潘永泉代表董事局簽發，再次強調數據初步性及呼籲投資者審慎行事。
免責聲明
本文僅供參考。內容根據公司自願性公告，非經審核財務報表。投資者須注意資料或有變動，請勿單憑本文作投資決定，建議諮詢專業人士。
