Zhi Tong Cai Jing·2025-08-12 13:06Core Viewpoint - China Resources Land (01109) reported a total contract sales amount of approximately RMB 123.6 billion for the first seven months of 2025, representing a year-on-year decrease of 11.8% [1] Sales Performance - In July 2025, the company achieved total contract sales of approximately RMB 13.3 billion, with a total sales area of about 461,000 square meters, reflecting a year-on-year decrease of 14.2% and 36.7% respectively [1] - For the first seven months of 2025, the total contract sales area was approximately 4.581 million square meters, down 22.9% year-on-year [1] Recurring Revenue - The company's recurring income for July 2025 was approximately RMB 4.17 billion, showing a year-on-year growth of 7.0% [1] - Rental income from operational real estate for July 2025 was approximately RMB 2.68 billion, marking a year-on-year increase of 12.2% [1] - Cumulatively, the recurring income for the first seven months of 2025 reached approximately RMB 28.78 billion, up 7.9% year-on-year, with rental income from operational real estate amounting to approximately RMB 18.56 billion, also up 12.2% year-on-year [1]