Poly Developments adds new projects, reports September sales decline

Poly Developments and Holdings Group Co., Ltd. has added six new real estate projects. These projects span Shanghai, Putian, and Nanchang, with a total land area of 132,007 square meters and a total planning area of 227,171 square meters. The company's investment in these new projects totals CNY 496,541.

In a separate announcement, the company reported its September 2025 sales performance. The contracted sales area for September reached 1.119 million square meters, a decrease of 10.46% year-over-year, with contracted sales amounting to CNY 20.531 bn, a 1.84% decrease year-over-year.

For the period of January to September 2025, Poly Developments achieved a total contracted sales area of 10.1042 million square meters, representing a 25.13% decrease year-over-year. Contracted sales for the first nine months totaled CNY 201.731 bn, down 16.53% compared to the same period last year. The company noted that sales data may differ from periodic reports due to uncertainties in the development process.