Summary by Moomoo AI
On July 5, 2024, KWG Group announced unaudited operational data for June 2024, showing pre-sales of RMB 0.99 billion for the Group, its joint ventures, and associated companies, a decrease of 42.8% from the same period last year. At the same time, pre-sale building area was approximately 54,800 square meters, a 35.5% year-on-year decrease. This data is based on preliminary internal data compilation and is not audited, and may differ from the numbers in the annual or semi-annual audited or unaudited financial statements. The company reminds investors to be cautious when buying or selling company securities and recommends seeking professional advice if in doubt. The board of directors is currently composed of seven directors, including chairman Mr. Kong Jianmin, other executive directors, and independent non-executive directors.
