Core Insights - The report from the China Index Academy highlights the performance of real estate construction companies in the first nine months of 2025, with Greentown Management leading in contract sales amounting to 70.6 billion yuan [1][3] - The competitive landscape is intensifying as more companies enter the construction sector, focusing on sales capabilities and project expansion [1] Sales Performance - Greentown Management achieved a contract sales amount of 70.6 billion yuan, followed by Blue-Green Twin Cities at 17.24 billion yuan and Jindi Management at 15 billion yuan [1][3] - The sales area for Greentown Management was 5.33 million square meters, with Blue-Green Twin Cities and Jindi Management at 1.025 million and 840,000 square meters respectively [3] New Contract Signings - In terms of new signed contracts, Greentown Management led with 27.9 million square meters, significantly ahead of Xuhui Construction Management and Run Di Management, which signed 13.01 million and 12.90 million square meters respectively [1] - For the period of July to September 2025, Xuhui Construction Management topped the new signed area with 4.25 million square meters, followed by Jindi Management and Longhu Longzhizao at 3.98 million and 3.20 million square meters [1] Government Projects - In the government construction sector, Run Di Management led with 8.1 million square meters of new signed area, while Xuhui Construction Management and Longhu Longzhizao followed with 5.8 million and 3.41 million square meters respectively [2] - The focus of these government projects includes affordable housing, schools, and sports venues, with some companies exploring urban renewal opportunities [2]
中指研究院:代建行业规模持续攀升 绿城管理(09979)代建销售额超700亿元