Longfor Group posts RMB13.67 billion YTD sales and secures Dalian land for RMB374 million

Bulletin Express
Jun 09

Longfor Group Holdings Limited reported aggregated contracted sales of RMB13.67 billion for the five months ended 31 May 2026, supported by 1.45 million sqm of gross floor area (GFA).

In May alone, contracted sales reached RMB3.32 billion on 298,000 sqm of GFA. Sales attributable to shareholders were RMB2.13 billion, corresponding to 200,000 sqm.

Revenue from property-related businesses for the five-month period totaled RMB11.14 billion (RMB11.88 billion before tax). Within this figure, property operation contributed RMB6.03 billion (RMB6.46 billion before tax), while property service revenue was RMB5.11 billion (RMB5.42 billion before tax).

During May, the company expanded its land bank by acquiring a 100 %-owned site in Dalian’s former Cotton and Linen Factory area. The plot provides 76,985 sqm of attributable GFA at an attributable consideration of RMB374 million, implying an average land cost of RMB4,855 per sqm. The acquisition comprises: • Commercial segment: 3,800 sqm GFA, consideration RMB24 million (RMB6,245 per sqm) • Residential segment: 73,185 sqm GFA, consideration RMB350 million (RMB4,783 per sqm)

All figures are unaudited and derived from internal records; they may differ from data disclosed in forthcoming interim or annual reports.

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