Gemdale August sales plummet, investor briefing set

Gemdale Corporation (SSE:600383) announced a significant downturn in its August 2025 sales performance. The company reported a signed sales area of 180,000 square meters, representing a 51.87% year-over-year decrease. Concurrently, signed sales amounted to CNY 2.22 bn, a 58.89% drop compared to the previous year. For the cumulative period of January to August 2025, Gemdale's signed sales area reached 1.614 million square meters, down 49.83%, with cumulative signed sales totaling CNY 21.95 bn, a decrease of 53.91%.

In response to its recently released 2025 half-year report on August 30, Gemdale will host an investor briefing to discuss its operating results and financial condition. The online event is scheduled for September 19, 2025, from 16:00 to 17:00 (Beijing time) via the Shanghai Stock Exchange Roadshow Center. Investors can submit questions in advance from September 12 to September 18, 2025, at 16:00.

Key attendees at the briefing will include chairman Xu Jiajun, director, president, and CFO Li Ronghui, independent director Li Puwei, senior vice presidents Chen Changchun and Wang Nan, board secretary Hu Xuewen, and assistant president Zeng Aihui. The company aims to address questions from investors concerning its half-year performance.