Greentown China Holdings Limited Provides Operating Guidance for the Full Year 2020
Greentown China Holdings Limited provided operating guidance for the full year 2020. In 2020, the total saleable area of is expected to reach approximately 16.96 million sqm, with a total saleable amount of approximately RMB 358.3 billion. Of these, investment projects are expected to provide a saleable area of approximately 10.45 million sqm, and a saleable amount of approximately RMB 267.4 billion, (of which approximately RMB 63.5 billion will be attributable to inventory property projects in 2019; approximately RMB 203.9 billion is expected to be new saleable properties). The total saleable area in first- and second-tier cities is expected to be approximately 7.72 million sqm, and the saleable amount is expected to be approximately RMB 212.4 billion, representing 79% of the saleable amount for investment projects in 2020. In addition, the saleable area of Greentown Group's projects under project management is estimated to reach approximately 6.51 million sqm, with a saleable amount of approximately RMB 90.9 billion.