Yuzhou Group (01628) announced interim results, with revenue of 2,656 billion yuan, an increase of 10.84% over the previous year

According to the Zhitong Finance App, Yuzhou Group (01628) announced its 2026 interim results, with revenue of RMB 2,656 billion, an increase of 10.84% over the previous year. The main reason was the increase in the average sales price of properties delivered during the period, which led to an increase in confirmed revenue from property sales. Among them, property sales revenue was approximately RMB 2,414 million, up 11.03% from the same period last year, accounting for 90.88% of total revenue; revenue from property management fees was approximately RMB 136 million, up 28.98% from the same period last year; and rental income from investment properties was approximately RMB 106 million.

During the period, the Group's cumulative contract sales amount was RMB 2,845.5 billion. The contract sales area is 215,900 square meters, and the average contract sales price is approximately RMB 13,177 per square meter.

Adhering to a strategy of deep-seated regional expansion, the Group is deeply involved in the layout of the six major metropolitan areas of the Yangtze River Delta region, Haixi Economic Zone, Bohai Rim region, Greater Bay Area, Central China region and Southwest China based on the development principle of “entering one city and deepening cultivation in one city”. As of June 30, 2026, the Group's total land reserves can be sold with a total sales area of about 6 million square meters, and 111 projects are distributed in 36 cities in the six major metropolitan areas. The average floor cost is about RMB 6,218 per square meter. The Group believes that the land reserves currently held and managed will be sufficient for the Group's development needs in the next two to three years.