Financial Circle Network October 11 news Contemporary Real Estate (01107. HK) announced that the company's chairman of the board of directors, holding East Zhang Lei and president and executive chairman Zhang Peng, in order to support the company's development, intend to provide a shareholder loan of about 800 million yuan to Modern Land, which is expected to be completed within the next two to three months.
As of press time, Modern Real Estate reported HK$0.49 per share, up 3.16% and with a total market capitalization of 1.370 billion.
According to the announcement, Mr. Zhang Lei said that he would consider continuing to support the Group in due course according to its financial situation, demonstrating his continued commitment to the Group and his unwavering confidence in the Development of the Group's business.
According to the unaudited operating data released by the company for the first nine months of 2021, the contracted sales reached about 33.544 billion yuan, an increase of 24.6% year-on-year, and 71.37% of the annual sales target of 47 billion yuan was completed. Among them, the sales of property contracts were about 33.029 billion yuan, an increase of 22.7% year-on-year.
This article originated from the Financial Circle Network
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