Yanlord Land Group Limited Reports Unaudited Group Sales Results for the Month and Full Year Ended 31 December 2023
For the full year ended 31 December 2023, the Group together with its joint ventures and associates' total contracted pre-sales from residential and commercial units, and car parks was approximately RMB 32.352 billion on a total contracted GFA of 1,237,468 sqm, a decrease of 52.5% and 13.7% respectively compared to the corresponding period of 2022. In addition, a total of approximately RMB 1.997 billion of subscription sales of the Group together with its joint ventures and associates was recorded as at 31 December 2023 and is expected to be subsequently turned into property contracted pre-sales in the following months. The total contracted pre-sales of other property development projects under the Group's project management business bearing the "Yanlord" brand name was approximately RMB 1.584 billion on a total contracted GFA of 73,971 sqm.