KWG Group presales decline significantly in October 2025

KWG Group Holdings Limited announced its unaudited operating statistics for October 2025, revealing a substantial decrease in presales performance. The pre-sales value for the Group and its joint ventures and associates amounted to RMB621m, marking a 26.7% year-on-year decline. Similarly, the pre-sales area for the same period was approximately 31,000 square meters, representing a 26.2% year-on-year decrease.

The company emphasizes that these sales figures are unaudited and based on preliminary internal information. They are subject to change and may differ from the final audited or unaudited consolidated financial statements due to inherent uncertainties in the data collation process. Investors are advised to exercise caution and avoid undue reliance on this information when making investment decisions.

The board of directors, as of November 7, 2025, includes seven members. Kong Jianmin serves as chairman, Kong Jiantao as chief executive officer, Kong Jiannan, and Cai Fengjia as executive directors. Independent non-executive directors are Tam Chun Fai, Law Yiu Wing, Patrick, and Wong Man Ming, Melinda.