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    Z25   SG1T57930854

YANLORD LAND GROUP LIMITED

(Z25)
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General Announcement::UNAUDITED KEY OPERATING FIGURES FOR JUNE 2021

07/06/2021 | 08:08am EDT

Yanlord Land Group Limited

(Company Registration Number 200601911K)

(Incorporated with limited liability in the Republic of Singapore)

UNAUDITED KEY OPERATING FIGURES FOR JUNE 2021

Singapore/Hong Kong - 6 July 2021 - Yanlord Land Group Limited (Z25.SI) ("Yanlord" or the "Company" and together with its subsidiaries, the "Group"), a Singapore Exchange-listedreal estate developer focusing on developing high-endintegrated commercial and residential property projects in strategically selected high-growthcities in the People's Republic of China ("PRC") and Singapore, today announced the unaudited key operating figures of (i) the Group together with its joint ventures and associates; and (ii) other property development projects under the Group's project management business bearing the "Yanlord" brand name, for the month of June 2021 and for the first half year ended 30 June 2021.

  • In June 2021, the Group together with its joint ventures and associates' total contracted pre-sales from residential and commercial units, and car parks amounted to approximately RMB4.179 billion on contracted gross floor area ("GFA") of 149,557 square metres ("sqm"), a decrease of 61.5% and 50.9% respectively compared to the corresponding period of 2020.
  • For the first half of 2021, the Group together with its joint ventures and associates' total contracted pre-sales from residential and commercial units, and car parks was approximately RMB28.681 billion on contracted GFA of 898,943 sqm, a decrease of 3.7% and an increase of 8.1% respectively compared to the corresponding period of 2020.
  • In addition, a total of approximately RMB2.891 billion of subscription sales of the Group together with its joint ventures and associates was recorded as at 30 June 2021 and is expected to be subsequently turned into contracted pre-sales in the following months.
  • In June 2021, the total contracted pre-sales of other property development projects under the Group's project management business bearing the "Yanlord" brand name was approximately RMB0.335 billion on contracted GFA of 10,509 sqm.
  • For the first half of 2021, the total contracted pre-sales of other property development projects under the Group's project management business bearing the "Yanlord" brand name was approximately RMB6.843 billion on contracted GFA of 160,221 sqm.

Yanlord Land Group Limited

(Company Registration Number 200601911K)

(Incorporated with limited liability in the Republic of Singapore)

Contracted

YoY1

Total

YoY1

Period

Pre-sales

Change

Contracted

Change

(RMB billion)

GFA

(sqm)

Contracted pre-sales of the Group together with its joint ventures and associates

Month of June 2021

4.179

(61.5)%

149,557

(50.9)%

Month of June 2020

10.855

304,710

First half of 2021

28.681

(3.7)%

898,943

8.1%

First half of 2020

29.773

831,457

Subscription sales of the Group together with its joint ventures and associates yet to be

turned into contracted pre-sales

As at 30 June 2021

RMB2.891 billion

Contracted pre-sales of other property development projects under the Group's project

management business bearing the "Yanlord" brand name

Month of June 2021

0.335

(79.2)%

10509

(72.0)%

Month of June 2020

1.608

37,490

First half of 2021

6.843

321.1%

160,221

298.8%

First half of 2020

1.625

40,178

The following five cities were key contributors to contracted pre-sales of the Group together with its joint ventures and associates, and of other property development projects under the Group's project management business bearing the "Yanlord" brand name, for the first half year ended 30 June 2021:

City

Contracted pre-

Contribution

Contracted pre-sales

Contribution

sales of the Group

%

of other property

%

together with its

development projects

joint ventures and

under the Group's

associates

project management

(RMB billion)

business bearing the

"Yanlord" brand name

(RMB billion)

Nanjing

6.482

22.6%

3.672

53.7%

Suzhou

5.116

17.8%

1.648

24.1%

Shanghai

3.340

11.6%

1.485

21.7%

Zhuhai

2.257

7.9%

-

-

Tianjin

1.891

6.6%

-

-

The aggregate contracted pre-sales in these five cities of approximately RMB19.086 billion, accounted for approximately 66.5% of the total contracted pre-sales of the Group together with its joint ventures and associates for the first half year ended 30 June 2021.

  • Year-over-year(YoY)

Yanlord Land Group Limited

(Company Registration Number 200601911K)

(Incorporated with limited liability in the Republic of Singapore)

Disclaimer

The above-mentioned sales data is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the unaudited and audited consolidated financial statements to be announced by the Company on a semi-annual and annual basis, respectively. As such, the above data is provided for investors' reference only. Investors are advised to exercise care and not to place undue reliance on such data when dealing in the securities of the Company. In the event of any doubt, investors are advised to seek advice from professionals or financial consultants.

##End##

About Yanlord:

Yanlord is a real estate developer focusing on developing high-endfully-fitted residential, commercial and integrated property projects in strategically selected key and high-growth cities in the PRC and Singapore. Yanlord has been listed on the Mainboard of the Singapore Exchange since June 2006. As at 31 December 2020, the Group's total asset was approximately RMB146.6 billion.

Since Yanlord's foray into the PRC property market in 1993, it has successfully developed a number of large-scale residential property developments with international communities of residents. Building on its established track record for developing high-end residential property developments in prime locations within affluent cities of the PRC, the "Yanlord" name has been developed into a premium brand synonymous with quality within the property development industry of the PRC. Typically, Yanlord's residential property developments are characterised by large-scale,multi-phased projects designed and built by international architects, leading designers and reputable contractors. Currently, the Group has an established presence in 18 key high-growth cities within the six major economic regions of the PRC, namely:

  • Yangtze River Delta - Shanghai, Nanjing, Suzhou, Hangzhou, Nantong, Yancheng and Taicang;
  • Western China - Chengdu;
  • Bohai Rim - Tianjin, Tangshan, Jinan and Shenyang;
  • Greater Bay Area - Shenzhen, Zhuhai and Zhongshan;
  • Hainan - Haikou and Sanya; and
  • Central China - Wuhan.

In Singapore, Yanlord currently has two residential projects under development, namely Leedon Green and Dairy Farm Residences.

Yanlord Land Group Limited

(Company Registration Number 200601911K)

(Incorporated with limited liability in the Republic of Singapore)

Since 2003, Yanlord has been developing high-quality commercial and integrated properties for long- term investment purpose, such as shopping malls, offices, serviced apartments and hotels. Currently, Yanlord holds a portfolio of core completed investment and hotel properties, including Yanlord Landmark and Hengye International Plaza in Chengdu; Yanlord Riverside Plaza in Tianjin; Yanlord Marina Centre in Zhuhai; Crowne Plaza Sanya Haitang Bay Resort in Sanya; and Yanlord International Apartments, Tower A and Yanlord Landmark in Nanjing, in the PRC. The Group also holds a high-quality investment property portfolio and hotels in Singapore, including UE BizHub CITY (including Park Avenue Clemenceau), UE BizHub TOWER, UE BizHub WEST, Rochester Mall and Park Avenue Rochester and Park Avenue Robertson. These projects are generating a growing rental income and increase the asset value for the Group.

Analysts & Media Contact:

Michelle Sze

Krystal Xu

Head of Investor Relations

Investor Relations Associate

Yanlord Land Group Limited

Yanlord Land Group Limited

Phone: (852) 2861 0608

Phone: (65) 6336 2922

Michelle.sze@yanlord.com.hk

Krystal.xu@yanlord.com.sg

Disclaimer

Yanlord Land Group Limited published this content on 06 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2021 12:07:04 UTC.


© Publicnow 2021
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Sales 2021 6 566 M 4 868 M 4 868 M
Net income 2021 538 M 399 M 399 M
Net Debt 2021 6 037 M 4 476 M 4 476 M
P/E ratio 2021 4,23x
Yield 2021 7,74%
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Managers and Directors
Sheng Jian Zhong Chairman & Chief Executive Officer
Theng Fong Hee Lead Independent Director
Pian Tee Hong Independent Non-Executive Director
Ser Luck Teo Independent Non-Executive Director
Taik Him Chua Independent Non-Executive Director