OCT’s contract sales in 2021 were 82.47 billion yuan

On January 14, Shenzhen Overseas Chinese Town Co.Ltd(000069) (hereinafter referred to as “OCT”) issued an announcement on the main business operation in December 2021.

The announcement shows that in December 2021, Oct achieved a contract sales area of 346000 square meters and a contract sales amount of 7.03 billion yuan. So far, in 2021, OCT has achieved a total contractual sales area of 3.988 million square meters, a decrease of 13% over the same period in 2020; The contract sales amount was 82.47 billion yuan, a decrease of 21% over the same period in 2020.

In terms of new land reserves, in December 2021, Oct added two new lands, with a total land price of about 1.628 billion yuan. Among them, the happy Meigang D03 project of Zhangzhou overseas Chinese town is located in Zhangzhou city. It is a commercial and residential land, with a total construction area of about 249300 square meters, an equity ratio of 70%, and a total land price of 774 million yuan. In addition, Qujiang taipingbao project, located in Xi’an City, is a commercial land, with a capacity building area of about 66100 square meters, a 100% equity ratio, and a total land price of about 854 million yuan.

In addition, in terms of comprehensive tourism business, the announcement pointed out that during the new year’s Day holiday in 2022, Oct participated in holding scenic spots, hotels and open-ended tourist areas to receive a total of 1133000 person times, 123% of the same period in 2020. Among them, the cumulative number of tourists and operating revenue of Happy Valley group increased by 64% and 56% respectively compared with the same period in 2021.

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