Summary by Moomoo AI
On June 5, 2024, Sunac China announced that unaudited operational data for May 2024 showed that the company and its subsidiaries, as well as joint venture and associated companies, achieved a contract sales value of approximately RMB 2.27 billion that month, with a contract sales area of approximately 155,000 square meters and an average sales price of approximately RMB 14,650 per square meter. As of the end of that month, the cumulative contract sales amounted to approximately RMB 24.72 billion, with a cumulative sales area of approximately 1.28 million square meters and an average sales price of approximately RMB 19,310 per square meter. The company emphasizes that the above sales data is unaudited, only preliminary internal information, and subject to uncertainty, and may differ from the numbers in the annual or semi-annual financial reports. Investors should be cautious when buying or selling company securities and are advised to seek professional opinions if in doubt.
