Greentown China Holdings Limited Releases Key Unaudited Operating Data for January–February 2026

Key Highlights for Investors

• Strong Sales Performance: Greentown Group reported robust contracted sales for the first two months of 2026, with total contracted sales amounting to approximately RMB18.3 billion, covering a total sales area of about 940,000 square meters.
• February 2026 Sales Breakdown: In February alone, Greentown Group sold 849 units of self-investment projects, achieving a sales area of around 130,000 sqm. This generated monthly sales of approximately RMB4.6 billion, reflecting a high average selling price of RMB34,149 per sqm.
• Attributable Sales: Out of the total sales from January to February 2026, about RMB7.3 billion was directly attributable to Greentown Group. Additionally, the Group recorded subscription sales of RMB2.8 billion at the end of February, with RMB1.9 billion attributable to the Group.
• Project Management Business Continues to Expand: The project management business achieved a sales area of approximately 310,000 sqm in February 2026, with a total sales amount of RMB4.1 billion. For the period from January to February 2026, the segment reached sales of RMB7.5 billion across 560,000 sqm.

Details and Analysis

Greentown China Holdings Limited (Stock Code: 03900) has released its unaudited operating data for the two months ended 28 February 2026. The figures underscore the company’s strong market presence and robust sales momentum at the start of the year, both in its self-investment projects and its expanding project management business.

In February 2026, the Group’s self-investment projects saw the sale of 849 units, translating to a sales area of 130,000 sqm and generating RMB4.6 billion in sales. The average selling price reached an impressive RMB34,149 per sqm, indicating strong pricing power and potentially favorable market demand.

Cumulatively, from January to February 2026, Greentown Group recorded a sales area of 380,000 sqm for self-investment projects, with contracted sales totaling RMB10.8 billion. Of this, RMB7.3 billion was attributable to the Group, demonstrating a strong revenue contribution from the Group’s core activities.

Beyond contracted sales, the Group also logged RMB2.8 billion in subscription sales by the end of February, with RMB1.9 billion attributable to the Group. These figures complement the contracted sales, reflecting continued buyer interest and a healthy pipeline for future revenue recognition.

The project management segment also demonstrated solid performance, achieving a sales area of 310,000 sqm and generating RMB4.1 billion in sales during February. For the two-month period, this business line achieved sales of RMB7.5 billion and a cumulative sales area of 560,000 sqm, indicating a substantial contribution to the Group’s overall results.

Overall, combining all segments, Greentown Group reported a total sales area of 940,000 sqm and total contracted sales of RMB18.3 billion for the first two months of 2026, highlighting the Group’s strong start to the year and its effective execution in both self-investment and project management businesses.

Important Considerations for Shareholders

• Price-Sensitive Data: The significant sales growth and high average selling prices could positively affect investor sentiment and share values, especially as these numbers indicate potential for strong revenue and profitability in future financial statements.
• Unaudited and Preliminary Nature: Shareholders should note that the data provided is unaudited and based on preliminary internal information. Actual results disclosed in subsequent audited or unaudited consolidated financial statements may differ due to various uncertainties during the data collation process.
• Investor Caution Advised: The company explicitly advises investors not to place undue reliance on the preliminary data when dealing in the company’s securities. Investors are encouraged to seek independent advice if they have any doubts.

Board and Management Update

As of the date of this announcement, the Board is led by Mr. Liu Chengyun as Chairman and Non-Executive Director, supported by a team of executive, non-executive, and independent non-executive directors, underscoring a strong leadership structure.

Conclusion

The report signals a strong start to 2026 for Greentown China Holdings Limited, both in terms of contracted and subscription sales as well as growth in its project management business. The high average selling prices and substantial sales volumes are noteworthy and may have a positive impact on the company’s share price, pending confirmation in future audited reports.

Disclaimer: The above summary is based on unaudited and preliminary operating data provided by Greentown China Holdings Limited. Actual financial results may differ. This article is intended for informational purposes only and does not constitute investment advice. Investors are urged to exercise caution and consult professional advisors before making investment decisions.

View GREENTOWN CHINA Historical chart here