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Guorui Properties Expands Amid Market Challenges

Guorui Properties Expands Amid Market Challenges

Guorui Properties Ltd (HK:2329) has released an update.

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Guorui Properties Ltd reported contracted sales of RMB 1,184.1 million for the first half of 2024, despite a challenging rental market that led to revenues of RMB 987.5 million from property development. The company also expanded its land reserves to 6,476,560 square meters, with 55% located in Beijing.

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