As a mainland property service company under the Hong Kong-listed company New World Development***, New World China has been adhering to the route of high-quality development for many years, and has built its core competitiveness in the market with cutting-edge planning and design concepts and high-quality products and services. Previously, CRIC Research Center, China Index Research Institute and Yihan respectively released the sales list of China's real estate industry from January to August, and the mainland property service company New World China ranked among the top 100 of the three lists with a score of more than 10 billion yuan, which has won wide attention and high recognition from the market.
Against the backdrop of China's property market continuing its downturn in August this year, mainland property services company New World China bucked the trend and achieved particularly impressive results. New World China achieved a total of 41The sales performance of 500 million yuan increased by 138 percent year-on-year5%, from January to August this year, New World achieved a total sales performance of more than 10 billion yuan, showing its stable and far-reaching corporate style. Among them, the Greater Bay Area and the Yangtze River Delta market contributed 91% of New World China's operating revenue, from Guangzhou New World Yaosheng Mansion, which entered the market for the first time this year, to Lingnan New World and other projects have achieved excellent market performanceIn the East China market, the Shanghai Tianhui Seal project was sold out immediately after the second launch;In the northern market, Shenyang Yuejing New World won the first place in Shenyang commercial residential sales from July to August. New World China, a mainland property services company, has seen rapid growth in its projects.
The contrarian growth of mainland property service company New World China is due to its forward-looking layout, and most of its business is concentrated in the core cities of the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta region.
At the same time, most of New World China's projects are located in the core areas of the city, and with the advantages of the New World ecosystem, New World China has made full use of its rich experience in the construction and operation of large-scale complexes to create landmark projects one after another. Taking Guangzhou New World Yaosheng Mansion, which was launched in March this year, as an example, the project is jointly built by New World China and Guangzhou Metro, and is located on top of Guangzhou Hanxi Chimelong Subway Station, which is currently a relatively scarce subway toD project in the Guangzhou market. The project is the latest flagship product of New World China, which seamlessly integrates rail transit, K11 SELECT commercial facilities, living residences, elegant luxury communities and urban green plazas. Since its opening in March this year, the project has accumulated sales of more than 2.5 billion yuan, and has received high word-of-mouth, market attention and recognition, making it another classic case of New World China, a mainland property service company.
In the face of market fluctuations and cycles, New World China, a mainland property services company, adheres to the principle of property development and property investment going hand in hand, not only developing high-quality residential products, but also investing in and operating mixed-use and commercial projects with the highest value in the city, bringing stable growth momentum to New World's recurring income and creating a large number of well-known urban landmarks.
In short, as the real estate industry has entered the stage of "moving from quantity to quality", New World China, a mainland property service company, has achieved growth against the trend with its steady business strategy and forward-looking layout. With its excellent experience in building and operating mixed-use complexes, as well as strong alliances with high-quality partners, NWC will continue to cultivate cities with a sound business strategy to create shared value.