Welcome!

News Feed Item

Evergrande October Sales Total RMB14.26 Billion; Annual Plan Completion Rate at 91%

BEIJING, Nov. 6, 2012 /PRNewswire/ -- With the continuous development of macro control policies in China the real estate investment market is continuing its downward trend. Rigid demands have been greatly eased and are the topic du jour of investors. Evergrande Real Estate (3333.HK), which insists on a democratic development strategy, has been awarded the "double championship" in sales and selling areas in October, continuing to take the lead in the real estate market in China. An original report by Sina Leju follows:

According to a sales presentation published on 6 November by Evergrande Real Estate, the contractual sales amount achieved by Evergrande in October accounted for RMB14.26 billion, a 65.6% growth year-on-year in October and 75.6% growth on a month-on-month basis. This has broken the record of monthly sales in the history of the Group and has surpassed Vanke (RMB13.7 billion), ranking first in China. It has achieved contractual sales for up to 2.55 million square meters, representing year-on-year growth of 82.4% and month-on-month growth of 75%, ranking it first in China for seven successive months.

This year Evergrande has displayed mastery of market trends with powerful second quarter sales objectives, constant monthly supplies of goods and with overall sales maintaining the trend of steady growth. In both the second and third quarters the Company fulfilled one third of its annual plan by aiming at the intensively released rigid markets and prime seasons of sales during "Gold September" and "Silver October". The Company has controlled its sales rhythm scientifically and adjusted the number of launch of goods reasonably, with its high performance-to-price ratio continually accepted by the market. October's sales performance established a new monthly sales record, exceeding that of May this year RMB10.37 billion by 37.5%. October sales accounted for more than 18% of the whole annual targets.

According to analysts, in the today's macro control environment, Evergrande's strategic layout and product orientation is tailored for current markets and policies. It has a great market promotion. Moreover, it follows the high turnover mode of rapid development and rapid sales. There are sales of buildings all year round, thus having ensured the continuous growth of its performance so that Evergrande has greater advantages in dealing with market regulation and can meet its annual targets as scheduled.

According to the brief report, in the period between January and October, Evergrande has achieved a total sales income of up to RMB72.83 billion accounting for 91% of the annual target of RMB80 billion. The total sales area was 12.282 million square meters, ranking first place in China. In October, Evergrande developed as many as 4 new building projects, with up to 168 projects for sale, accounting for 77% of the total number of projects in the Group.

Insiders state that with the continuous easing of market restrictions, as well as the top quality and ample supply reserves, Evergrande will be expected to meet its annual sales target of RMB80 billion one month early and will beat the target. Once again, the Company has achieved the commitments made by Hui Ka Yan, chairman of the Board of Directors, as "All plans made by Evergrande must be overfulfilled ahead of schedule."

 

SOURCE Sina Leju

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, has been recognized with the Customer Value Leadership Award for its nWorkSpace platform by Frost & Sullivan. The company was also featured in a new report(1) by the industry research firm titled, “Desktop-as-a-Service Buyer’s Guide, 2016,” which provides a comprehensive comparison of DaaS providers, including CloudJumper, Amazon, VMware, and Microsoft.
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...