Yincheng International is pleased to announce that the Company has been included in the MSCI China All Shares SmallCap Index, with effect after market close on 26 November 2019.
Yincheng International’s inclusion into the MSCI China All Shares Small Cap Index represents capital market’s recognition of the Company’s performance and value, which is expected to expand the shareholder base and increase the trading liquidity of the Company, resulting in realization of the value of investment in the Company and enhancement of the Company’s reputation in the capital market.
From January to October 2019, the aggregated contracted sales of the Group, together with its joint ventures and associates,increased 124.1% YoY to approximately RMB14,165.7 million, the aggregated contracted gross floor area increased 173.1% YoY to approximately 824,603 squaremeters and the average contracted selling price amounted to approximately RMB17,179 per square meter.