Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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 NOVEMBER 2020
The board of directors of China Vanke Co., Ltd.* (the "Company") hereby announce that for the month ended 30 November 2020, the Company achieved a contract sales area of 3,944,000 sq. m., with a contract sales amount of RMB57.54 billion. From January to November of 2020, the Company achieved an accumulated contract sales area of 40,253,000 sq. m. and a contract sales amount of RMB602.61 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 development projects since the disclosure of the sales update for the month ended 31 October 2020. Details of the projects are as follows:
Percentage | Plot Ratio-based | GFAAttributable | Land Premium | ||||||
No. | City | Name of the Project | Location | Interest | Land Area | Comprehensive | Gross FloorArea | to the Company's | Attributable to |
Attributable to | (Unit:'000sqm) | Plot Ratio | ("GFA") | Equity Holding | the Company's | ||||
Equity Holding | |||||||||
the Company | (Unit: '000 sq m) | (Unit: '000 sq m) | (RMB million) | ||||||
1 | San Hong Qi Land Lot of | Shunde District | 100% | 47 | 5.0 | 233 | 233 | 1,056 | |
Beijiao Town | |||||||||
Foshan | Land Lot East to | ||||||||
2 | Yanjiang Road and | Gaoming | 100% | 40 | 2.5 | 100 | 100 | 275 | |
West to Xijiang River, | District | ||||||||
Hecheng Street | |||||||||
3 | Yancheng | Chengnan Xinhe Plate | Gaoxin District | 50% | 66 | 2.5 | 165 | 83 | 783 |
Yuanhengwei No. 1 Plot | |||||||||
4 | CR20024 Junyuan South | Haimen District | 100% | 27 | 1.8 | 48 | 48 | 650 | |
Nantong | Land Lot | ||||||||
5 | CR20026 Experimental | Haimen District | 100% | 52 | 2.2 | 115 | 115 | 1,560 | |
School North Land Lot | |||||||||
6 | G15 Land Lot of | Jiangbei New | |||||||
Nanjing | New District South to | 36% | 78 | 2.0 | 160 | 58 | 1,163 | ||
District | |||||||||
Linchu Road | |||||||||
7 | Xuzhou | XT2020-34 Land Lot of | Tongshan | 49% | 167 | 2.2 | 367 | 180 | 1,181 |
Houzhouwo | District | ||||||||
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Percentage | Plot Ratio-based | GFAAttributable | Land Premium | ||||||
No. | City | Name of the Project | Location | Interest | Land Area | Comprehensive | Gross FloorArea | to the Company's | Attributable to |
Attributable to | (Unit:'000sqm) | Plot Ratio | ("GFA") | Equity Holding | the Company's | ||||
the Company | (Unit: '000 sq m) | (Unit: '000 sq m) | Equity Holding | ||||||
(RMB million) | |||||||||
8 | Haojiagou Urban | Yingze District | 41% | 59 | 3.1 | 184 | 75 | 175 | |
Redevelopment Project | |||||||||
9 | Taiyuan | East Central Road 230 mu | Xiaodian | 51% | 154 | 2.5 | 387 | 196 | 857 |
Project | District | ||||||||
10 | Beiying Urban Renewal | Xiaodian | 50% | 9 | 3.8 | 33 | 17 | 51 | |
Project | District | ||||||||
11 | Jinan | Land Lot A-11/A-13/B-2 of | Licheng District | 100% | 162 | 1.8 | 300 | 300 | 1,971 |
Xueshan Area Group Two | |||||||||
Economic and | |||||||||
12 | Weihai | Land Lot South to | Technological | 70% | 125 | 1.6 | 194 | 136 | 472 |
Emerald Park | Development | ||||||||
Zone | |||||||||
Gedian | |||||||||
13 | Ezhou | Colourful Land Project | Economic and | 100% | 140 | 3.0 | 420 | 420 | 1,427 |
Technological | |||||||||
Phase II | |||||||||
Development | |||||||||
Zone | |||||||||
14 | Wuhan | International Port City | Hannan District | 40% | 320 | 1.6 | 513 | 205 | 484 |
TOD Project | |||||||||
15 | Luoyang | Wangfuzhuang 53 Mu | Jianxi District | 51% | 36 | 4.9 | 174 | 89 | 387 |
Project | |||||||||
16 | Zhengzhou | Laoyachen 93 Mu Project | Huiji District | 100% | 62 | 4.2 | 265 | 265 | 1,427 |
Total | 1,544 | - | 3,658 | 2,520 | 13,919 | ||||
Besides, the Company acquired 2 new logistics property project, with an aggregate land premium attributable to the Company's equity holding to be settled amounted to RMB81 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 | Wuhan | VX Wuhan Huangpi Tukou Park | Huangpi District | 100% | 116 | 68.0 | 68.0 |
2 | Wenzhou | VX Wenzhou Pingyang Park (Phase II) | Pingyang County | 100% | 48 | 40.4 | 40.4 |
Total | 164 | 108.4 | 108.4 |
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.
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By order of the Board
China Vanke Co., Ltd. *
Zhu Xu
Company Secretary
Shenzhen, the PRC, 3 December 2020
As at the date of this announcement, the Board comprises Mr. YU Liang, Mr. ZHU Jiusheng and Mr. WANG Haiwu as executive directors; Mr. XIN Jie, Mr. HU Guobin, Mr. TANG Shaojie and Mr. LI Qiangqiang as non-executive directors; and Mr. KANG Dian, Ms. LIU Shuwei, Mr. NG Kar Ling, Johnny and Mr. ZHANG Yichen as independent non-executive directors.
- For identification purpose only
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China Vanke Co. Ltd. published this content on 03 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2020 03:10:01 UTC