China Resources Land announces $3.9bn medium term note programme

The company's $3.9 billion Medium Term Note Programme is intended solely for professional investors. Notes issued under this programme, which may be in bearer or registered form, will not exceed an aggregate nominal amount of $3.9 billion at any one time. The programme is listed on the Hong Kong Stock Exchange.

As of June 30, 2025, China Resources Land reported total assets of RMB1,149 billion, with equity attributable to owners of the company at RMB276,230,394,000. Total long-term borrowings stood at RMB219,653,186,000. The company achieved RMB110.3 billion in contracted sales and a gross profit margin of 24.0% for the first half of 2025. Its recurring business revenue grew 2.5% year-on-year to RMB20.56 billion, contributing 60.2% to core net profit. The company maintains credit ratings of "Baa1 (stable)" by Moody’s, and "BBB+ (stable)" by S&P and Fitch.