Jiayuan International achieved great success in the middle of 2018

2018-08-29


28th of August, Jiayuan International Holdings Co., Ltd. (hereinafter referred to as “Group”) held its 2018 Interim Results Announcement and Investor Luncheon at the Four Seasons Hotel in Hong Kong. Group Chairman Shen Tianqing, Vice Chairman Huang Fuqing, Chief Executive Officer Zhuo Xiaonan and Chief Financial Officer Huang Yilang attended the meeting and gathered lunch with more than 200 domestic and foreign investors to illustrate the Group's brilliant performance in the first half of 2018.

In the first half of the year, the performance of the Group's various operating indicators was quite satisfactory. Both contracted sales and area both increased significantly, and the performance in terms of revenue and profitability was also very encouraging. In the first half of the year, the contracted sales volume increased by 90% year-on-year to RMB 7.357 billion; the revenue reached RMB 4.13 billion, up 42% year-on-year.

In terms of capital markets, the group's market capitalization exceeded 35 billion Hong Kong dollars. Earlier, it was included in the Hang Seng Composite Large and Medium-Cap Index, reflecting the fact that the Group has reached a fairly high level in terms of market capitalization, stock liquidity and business performance.

After the banquet, the management of the group accepted interviews from major media and explained and answered the different aspects of the real estate policy and future expansion plan that the media cares about. When talking about the company's future expansion plan, Group Chairman Shen Tianqing said that in addition to actively exploring the quality projects of Guangdong-Hong Kong-Macao Bay Area and other key capital cities, Jiangsu Province will continue to be deeply cultivated. At present, the Group's real estate business map has covered Guangdong, Hong Kong, Macao and Dawan District, the Yangtze River Delta region, key provincial capital cities and countries along the Belt and Road. In the future, the Group will continue to acquire high-quality land reserves through project mergers and acquisitions, bidding and joint development of properties, and enhance the Group's share in the real estate market.