Core Viewpoint - The company reported a significant decline in contract sales area and amount for October 2025, indicating ongoing challenges in the real estate market, while showing slight improvements in a month-over-month comparison [1] Sales Performance - In October 2025, the company achieved a contract sales area of 91,000 square meters, representing a year-on-year decrease of 62% but a month-on-month increase of 16% [1] - The sales amount for October 2025 was 1.3 billion yuan, down 57% year-on-year but up 20% month-on-month [1] - Cumulatively, from January to October 2025, the total sales area reached 984,000 square meters, reflecting a year-on-year decline of 26% [1] - The cumulative sales amount for the same period was 14.55 billion yuan, which is a 27% decrease compared to the previous year [1] Land Acquisition - There were no new land acquisitions reported in October 2025, indicating a potential pause in expansion efforts [1] Tourism Business - In October 2025, the company's tourism segment received 7.46 million visitors, a decrease of 7% year-on-year [1] - From January to October 2025, the total number of visitors was 67.01 million, which is a 2% decline compared to the same period last year [1] - The decline in visitor numbers is attributed to a decrease in consumer enthusiasm for certain holiday activities [1]
华侨城A:2025年10月房产销售及文旅业务经营情况披露