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CHINA VANKE CO., LTD.*
萬科企業股份有限公司
(A joint stock company incorporated in the People's Republic of China with limited liability)
(Stock Code: 2202)
UPDATE REGARDING SALES AND NEWLY ADDED DEVELOPMENT
PROJECTS FOR THE MONTH ENDED 31 OCTOBER 2020
The board of directors of China Vanke Co., Ltd.* (the "Company") hereby announce that for the month ended 31 October 2020, the Company achieved a contract sales area of 3,660,000 sq. m., with a contract sales amount of RMB52.31 billion. From January to October of 2020, the Company achieved an accumulated contract sales area of 36,309,000 sq. m. and a contract sales amount of RMB545.07 billion. Due to existence of various uncertainties in the sales process, the abovementioned sales figures may differ from the figures to be disclosed in regular reports. Therefore, the relevant figures are periodical data for investors' reference only.
The Company has acquired 13 new development projects since the disclosure of the sales update for the month ended 30 September 2020. Details of the projects are as follows:
Percentage | Land | Comprehensive | Plot Ratio-based | GFAAttributable | Land Premium | ||||
No. | City | Name of the | Location | Interest | Attributable to | ||||
Area | Plot | Gross Floor | to the Company's | the Company's | |||||
Project | Attributable to | (Unit: '000 sq m) | Ratio | Area ("GFA") | Equity Holding | Equity Holding | |||
the Company | (Unit: '000 sq m) | (Unit: '000 sq m) | (RMB million) | ||||||
1 | Land Lot South to | Yazhou District | 90% | 33 | 2.5 | 81 | 73 | 159 | |
Sanya | Affordable Housing | ||||||||
2 | Land Lot North to | Yazhou District | 90% | 13 | 2.5 | 32 | 29 | 59 | |
Affordable Housing | |||||||||
3 | Nanjing | Yanziji Residential Land Lot | Qixia District | 70% | 62 | 2.8 | 172 | 121 | 2,667 |
(2020G54) | |||||||||
4 | No.2 Land Lot of Athletes | Xiaoshan | 80% | 69 | 2.7 | 187 | 150 | 3,043 | |
Hangzhou | Village ofAsian Games | District | |||||||
5 | Land Lot East to | Xiaoshan | 40% | 50 | 2.6 | 130 | 52 | 767 | |
Chaoyang | District | ||||||||
6 | Wuxi | Wanshan Lake Land Lot | Xishan District | 49% | 108 | 2.0 | 216 | 106 | 903 |
7 | Xuzhou | 2019-No. 63 Dagushan A-1 | Gulou District | 50% | 20 | 2.5 | 51 | 26 | 84 |
Land Lot | |||||||||
Land Lot North to | Economic | ||||||||
8 | Jiaxing | Development | 70% | 40 | 2.0 | 81 | 57 | 556 | |
Haishangchuanqi | |||||||||
Zone | |||||||||
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Percentage | Land | Comprehensive | Plot Ratio-based | GFAAttributable | Land Premium | ||||
No. | City | Name of the | Location | Interest | Attributable to | ||||
Area | Plot | Gross Floor | to the Company's | the Company's | |||||
Project | Attributable to | (Unit: '000 sq m) | Ratio | Area ("GFA") | Equity Holding | Equity Holding | |||
the Company | (Unit: '000 sq m) | (Unit: '000 sq m) | (RMB million) | ||||||
9 | Zhanqian Road | Lubei District | 100% | 76 | 2.0 | 152 | 152 | 1,042 | |
113 Mu Land Lot | |||||||||
10 | Tangshan | Zhanqian Road | Lubei District | 100% | 41 | 2.0 | 83 | 83 | 596 |
62 Mu Land Lot | |||||||||
11 | Phase III Land Lot | Fengrun | 48% | 76 | 2.0 | 153 | 73 | 204 | |
of New Golden Mansion | District | ||||||||
12 | Harbin | Shenzhen-Harbin | Songbei | 41% | 167 | 2.2 | 362 | 148 | 405 |
Vanke Town Project | District | ||||||||
13 | Lanzhou | Xigu Distrit 112 Mu Project | Xigu District | 51% | 75 | 3.4 | 254 | 129 | 597 |
Total | 830 | - | 1,954 | 1,199 | 11,082 | ||||
Besides, the Company acquired 1 new logistics property project, with an aggregate land premium attributable to the Company's equity holding to be settled amounted to RMB325 million. Details of the projects are as follows:
Precentage | Land Area | GFA | GFAAttributable | ||||
Interest | to the Company's | ||||||
No. | City | Name of Project | Location | (Unit: '000 sq m) | (Unit: '000 sq m) | ||
Attributable to | Equity Holding | ||||||
the Company | (Unit: '000 sq m) | ||||||
1 | Shanghai | VX Shanghai Pudong Airport Park | Pudong New District | 80% | 93.1 | 108.7 | 87.0 |
The Company's equity interests in the abovementioned projects may change as a result of introduction of cooperation parties for joint development of certain of these projects. The percentages of shareholdings disclosed above are for investors' reference only at current stage.
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By order of the Board
China Vanke Co., Ltd. *
Zhu Xu
Company Secretary
Shenzhen, the PRC, 3 November 2020
As at the date of this announcement, the Board comprises Mr. YU Liang, Mr. ZHU Jiusheng and Mr. WANG Haiwu as executive directors; Mr. XIN Jie, Mr. HU Guobin, Mr. TANG Shaojie and Mr. LI Qiangqiang as non-executive directors; and Mr. KANG Dian, Ms. LIU Shuwei, Mr. NG Kar Ling, Johnny and Mr. ZHANG Yichen as independent non-executive directors.
- For identification purpose only
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China Vanke Co. Ltd. published this content on 03 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 02:11:05 UTC