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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 30 SEPTEMBER 2019
The board of directors of China Vanke Co., Ltd.* (the "Company") is pleased to announce that for the month ended 30 September 2019, the Company achieved a contract sales area of 3,207,000 sq. m., with a contract sales amount of RMB49.29 billion. From January to September of 2019, the Company achieved an accumulated contract sales area of 30,616,000 sq. m. and a contract sales amount of RMB475.61 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 16 new projects since the disclosure of the sales update for the month ended 31 August 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) | ||||||
1 | 2019WG028 Land Lot in | Machong | 100% | 29 | 3.0 | 86 | 86 | 681 | |
Dasheng Village | |||||||||
Dongguan | |||||||||
2 | 2019WG031 Land Lot | ||||||||
West to Xinsha Road in | Machong | 100% | 36 | 3.0 | 109 | 109 | 789 | ||
Dasheng Village | |||||||||
3 | Huizhou | Xiaojinkou Project | Huicheng | 80% | 42 | 2.8 | 117 | 94 | 516 |
District | |||||||||
Economic & | |||||||||
4 | Zhonghuan Park West Land Lot | Technological | 100% | 57 | 2.0 | 113 | 113 | 735 | |
in Northern City | Development | ||||||||
Jiaxing | Zone | ||||||||
5 | Xiangzhang International East | International | 100% | 68 | 2.2 | 150 | 150 | 1,441 | |
Commerical | |||||||||
Land Lot | Zone | ||||||||
6 | No. 2019-46 DEF Land | ||||||||
Xuzhou | Lot South to North District | Gulou District | 100% | 68 | 2.4 | 165 | 165 | 784 | |
Transportation Site |
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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) | ||||||
7 | Suqian | 2019 (Jing) B Sucheng 04 | Sucheng District | 51% | 28 | 2.2 | 62 | 32 | 169 |
Land Lot | |||||||||
8 | Tianjin | Vanke Times Centre Project | Nankai District | 100% | 5 | 11.5 | 54 | 54 | 734 |
onAn'shan WestAvenue | |||||||||
9 | 024 Land Lot | Baodi District | 100% | 170 | 1.7 | 282 | 282 | 1,259 | |
10 | Gongzhuling | Fanjiatun Project | Fanjiatun Town | 51% | 617 | 1.8 | 1,086 | 554 | 345 |
11 | Chengdu | Xiangshan 279 Mu Project | Tianfu New | 80% | 186 | 3.5 | 652 | 522 | 3,962 |
District | |||||||||
12 | Shuitu 99 Mu Project | Liangjiang New | 100% | 66 | 1.5 | 99 | 99 | 541 | |
Chongqing | District | ||||||||
13 | Fenghuang Lake Project | Yongchuan | 100% | 141 | 1.6 | 227 | 227 | 500 | |
District | |||||||||
14 | Luodamiao Project | Zhongyuan | 50% | 34 | 5.0 | 169 | 85 | 600 | |
Zhengzhou | District | ||||||||
15 | Bairong E10 Land Lot | Er'qi District | 100% | 92 | 3.0 | 276 | 276 | 965 | |
16 | Guiyang | Xianfengyuan Land Lot | Huaxi District | 51% | 101 | 3.0 | 338 | 172 | 786 |
Project | |||||||||
Total | 1,740 | - | 3,985 | 3,020 | 14,807 | ||||
Besides, the Company acquired 4 new logistics property projects, with an aggregate land premium attributable to the Company's equity holding to be settled amounted to RMB224 million. Details of the projects are as follows:
Precentage | Land Area | GFA | GFAAttributable | ||||
Interest | to the Company's | ||||||
No. | City | Name of Project | Location | (Unit: '000 sq m) | (Unit: '000 sq m) | ||
Attributable to | Equity Holding | ||||||
the Company | (Unit: '000 sq m) | ||||||
1 | Chengdu | VX Chengdu Longquan Logistic Park | Longquanyi District | 100% | 100.4 | 101.3 | 101.3 |
2 | Shanghai | VX Shanghai Pudong Zhuqiao Logistic | Pudong New District | 100% | 17.0 | 22.9 | 22.9 |
Park | |||||||
VX Hui'an Economic & Technological | Economic & | ||||||
3 | Hui'an | Technological | 100% | 106.7 | 63.8 | 63.8 | |
Development Logistic Park | |||||||
Development Zone | |||||||
4 | Hefei | VX Hefei Feixi Logistic Park | Feixi County | 100% | 129.3 | 80.0 | 80.0 |
Total | 353.4 | 268.0 | 268.0 | ||||
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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, 9 October 2019
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 09 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 October 2019 12:00:06 UTC