KWG Group reports decline in November 2025 pre-sales
KWG Group Holdings Limited, including its joint ventures and associates, reported unaudited operating statistics for November 2025, revealing a pre-sales value of RMB511 million. This figure represents a 21.4% decrease compared to the same period last year. The pre-sales area for the Group and its ventures also saw a decline, reaching approximately 28,700 square meters, a 12.8% reduction year-on-year.
The company's board of directors, chaired by Mr. Kong Jianmin, released these unaudited figures, cautioning investors that the data is based on preliminary internal information and may differ from audited financial statements due to collation uncertainties. The information is provided for reference only, and investors are advised to exercise caution and seek professional advice when dealing with the company's securities.
The board currently consists of seven directors, including executive directors Mr. Kong Jianmin (chairman), Mr. Kong Jiantao (chief executive officer), Mr. Kong Jiannan, and Mr. Cai Fengjia. Independent non-executive directors include Mr. Tam Chun Fai, Mr. Law Yiu Wing, Patrick, and Ms. Wong Man Ming, Melinda.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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