Nan Fang Du Shi Bao·2025-11-01 02:25Core Viewpoint - China Resources Land Holdings Limited announced changes in its leadership, with Xu Rong appointed as Chairman and Zhao Wei as Director, Chief Financial Officer, and Head of Information Disclosure [2][3]. Group 1: Leadership Changes - Xu Rong, aged 56, joined China Resources Land in January 2023 and has held various positions, including Vice President and Executive Director [2]. - Zhao Wei, aged 53, joined China Resources Land in September 2025 and has extensive experience in financial management within the China Resources Group [3]. - Li Xin and Guo Shiqing have stepped down from their respective roles as Chairman and Director, CFO, and Head of Information Disclosure [2]. Group 2: Financial Performance - In September, China Resources Land achieved a total contract sales amount of approximately 17.6 billion, with a total contract sales area of about 610,000 square meters, representing a year-on-year increase of 4.2% and a decrease of 30.2%, respectively [3]. - For the first nine months, the cumulative contract sales amount was approximately 154.4 billion, with a total contract sales area of about 5.729 million square meters, reflecting a year-on-year decrease of 10.4% and 24.1% [3]. - The company reported recurring revenue of approximately 4.1 billion in September, a year-on-year increase of 7.5%, with rental income from operational real estate reaching about 2.76 billion, up 13.6% [3].