Phoenix Property released its operating data for the second quarter of 2026. Commercial housing contract sales reached 336 million yuan, a year-on-year increase of 115.11 percent. Over the same period, commercial housing contract sales area was 16,200 square meters, up 132.76 percent year-on-year. The sharp sales growth was mainly due to a significant increase in the signed area and amount of projects on sale. The company's second-quarter operating revenue was 188 million yuan, up 46.12 percent year-on-year. Of this, residential, apartment, and office sales revenue was 177 million yuan, rental income was 8.78 million yuan, down 21.41 percent year-on-year, parking space revenue was 1.58 million yuan, and storage room sales revenue was 360,000 yuan. In addition, the company had no new real estate land reserves, no new construction starts, and no completed area during the quarter. In the same period last year, the completed area of the Nanjing Zijin Hexufu project was 39,500 square meters.
Jiangsu Phoenix Property Investment Co LtdCommercial housing contract sales surged 115.11% YoY, indicating strong end-customer demand for the company's properties.