Longguang Group (03380) announced interim results with revenue of 1,504 billion yuan

According to the Zhitong Finance App, Longguang Group (03380) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 1,504 billion (same unit), a year-on-year decrease of 55.79%; losses attributable to owners of the parent company amounted to RMB 676 million, a year-on-year decrease of 62.06%; and a loss of 12.22 points per share.

According to the announcement, in the first half of 2026, the group achieved contract sales of about 3.18 billion yuan. In contract sales in the first half of 2026, the Greater Bay Area, the Yangtze River Delta region, the Southwest region and other regions accounted for about 49.4%, 18.0%, 2.6% and 30.0%, respectively.

In the first half of 2026, the total planned construction area of the Group's new projects is about 20,000 square meters. In the first half of 2026, the total planned construction area of the Group's completed projects is about 130,000 square meters. As of June 30, 2026, the total planned construction area of the Group's developing projects was about 6.66 million square meters. On June 30, 2026, the total construction area of the Group's land reserves was about 22.442,800 square meters. In terms of goods value, the Greater Bay Area and Yangtze River Delta regions accounted for about 75%.