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CHINA VANKE CO., LTD.*
萬科企業股份有限公司
(A joint stock company incorporated in the People's Republic of China with limited liability)
(Stock Code: 2202)
UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT
PROJECTS FOR THE MONTH ENDED 31 JANUARY 2020
The board of directors of China Vanke Co., Ltd.* (the "Company") hereby announce that for the month ended 31 January 2020, the Company achieved a contract sales area of 3,335,000 sq. m., with a contract sales amount of RMB54.91 billion. Due to existence of various uncertainties in the sales process, the abovementioned sales figures may differ from the figures to be disclosed in regular reports. Therefore, the relevant figures are periodical data for investors' reference only.
The Company has acquired 6 new development projects since the disclosure of the sales update for the month ended 31 December 2019. Details of the projects are as follows:
Percentage | Land | Comprehensive | Plot Ratio-based | GFAAttributable | Land Premium | ||||
No. | City | Name of the | Location | Interest | Attributable to | ||||
Area | Plot | Gross Floor | to the Company's | the Company's | |||||
Project | Attributable to | (Unit: '000 sq m) | Ratio | Area ("GFA") | Equity Holding | Equity Holding | |||
the Company | (Unit: '000 sq m) | (Unit: '000 sq m) | (RMB million) | ||||||
06-06 Lamd Lot in BSPO- | |||||||||
1 | Shanghai | 0801 Unit in Yangxingdong | Baoshan | 33.3% | 59 | 1.6 | 94 | 31 | 634 |
Community of Baoshan New | District | ||||||||
Town | |||||||||
2 | Nantong | Shenhui CR2018-021 Land | Tongzhou | 70% | 71 | 1.7 | 122 | 85 | 443 |
Lot in High-tech Zone | District | ||||||||
3 | Taiyuan | South Station | Xiaodian | 100% | 16 | 3.5 | 56 | 56 | 174 |
(Beiying Village) Project | District | ||||||||
4 | Chongqing | Fenghuang Lake | Yongchuan | 100% | 141 | 2.0 | 282 | 282 | 593 |
211 Mu Land Lot | District | ||||||||
5 | Urumqi | Jianquan Street Phase II | Tianshan | 100% | 41 | 1.9 | 79 | 79 | 339 |
Cuiquan Road 62 Mu | District | ||||||||
6 | Zhengzhou | Anaphase 45 Mu Land Lot of | Xingyang City | 51% | 30 | 2.1 | 64 | 32 | 91 |
Donglin Lake Project | |||||||||
Total | 358 | - | 697 | 565 | 2,274 | ||||
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The Company has not acquired any new logistic development projects since the disclosure of the sales update for the month ended 31 December 2019.
The Company's equity interests in the abovementioned projects may change as a result of introduction of cooperation parties for joint development of certain of these projects. The percentages of shareholdings disclosed above are for investors' reference only at current stage.
By order of the Board
China Vanke Co., Ltd. *
Zhu Xu
Company Secretary
Shenzhen, the PRC, 5 February 2020
As at the date of this announcement, the Board comprises Mr. YU Liang, Mr. WANG Wenjin and Mr. ZHANG Xu as executive directors; Mr. LIN Maode, Mr. CHEN Xianjun and Mr. SUN Shengdian as non-executive directors; and Mr. KANG Dian, Ms. LIU Shuwei, Mr. NG Kar Ling, Johnny and Mr. LI Qiang as independent non-executive directors.
- For identification purpose only
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China Vanke Co. Ltd. published this content on 05 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 February 2020 12:25:07 UTC