China Merchants Shekou Logs More Than 10 Billion Yuan in February Contracted Sales

MT NewswiresMar 10 11:38

China Merchants Shekou: Briefing on sales and recent land use rights purchases in February 2025

SZSIMar 8 00:00 · Announcements

Express News | China Merchants Shekou Industrial Zone Holdings: In February, the contracted sales area reached 0.4173 million square meters.

BreakingsMar 7 17:23

China Merchants Shekou Industrial Zone Holdings (001979.SZ): A total of 14.06 million shares have been repurchased.

On March 4, Gelonghui reported that China Merchants Shekou Industrial Zone Holdings (001979.SZ) announced that as of February 28, 2025, the cumulative number of shares repurchased through a dedicated buyback securities account via centralized bidding was 14,062,958 shares, accounting for 0.155% of the company's total equity, with the highest Fill Price being 10.78 yuan per share, the lowest Fill Price being 9.27 yuan per share, and the total amount of funds paid being 143,600,634.97 yuan (including stamp duty, trading commissions, and other transaction costs). This repurchase complies with the established buyback plan and buyback report, and adheres to relevant laws and regulations.

Gelonghui FinanceMar 4 18:42

Research Reports - Discover potential丨Open Source Securities: Maintain a "Buy" rating on China Merchants Shekou Industrial Zone Holdings, Bullish on the future increase in market share.

Gelonghui on March 3 | According to a Research Report by Kygon Securities, China Merchants Shekou Industrial Zone Holdings (001979.SZ) maintains stable sales performance, but impairment provisions affect performance, maintaining a 'Buy' rating. The company released its 2024 performance quick report and announced the provision for asset impairment for 2024, with sales revenue increasing year-on-year and Net income declining year-on-year. Due to the overall turbulence in the Real Estate market, the uncertainty of the company's sales situation and inventory sales impairment has increased, and profit forecasts have been lowered. Additionally, the company maintains a leading position in the Industry, continuously focuses on core cities for land acquisition, with ample quality land reserves. The company actively acquires land, focusing on land procurement.

Gelonghui FinanceMar 3 15:55 · Ratings

China Merchants Shekou Industrial Zone Holdings (001979): Sales performance remains stable, while impairment provisions drag down performance.

Sales performance remained stable, and impairment provisions dragged down performance, maintaining a "Buy" rating. China Merchants Shekou Industrial Zone Holdings released its 2024 financial performance report and the announcement for the annual asset impairment provisions, with revenue growth year-on-year and net income to parent company steady.

Open-source SecuritiesMar 3 14:37