Understanding the Market | SHENZHEN INVEST rose over 4%, with contract sales of approximately 3.133 billion yuan in the first quarter, a year-on-year increase of 83.5%

SHENZHEN INVEST rose over 4%, as of the time of writing, up 4.05%, priced at HKD 0.77, with a trading volume of HKD 6.7938 million. In terms of news, SHENZHEN INVEST released its major business progress for the first quarter of 2025 yesterday. In the first quarter of 2025, the group's unaudited contract sales amounted to approximately RMB 3.133 billion, an increase of 83.5% compared to the same period last year, with a contract sales area of approximately 107,300 square meters, up 31.4% year-on-year, and an average selling price of approximately RMB 29,201 per square meter. In terms of urban comprehensive operation business, the group continues to make breakthroughs in external expansion in property management cities, public construction properties, and other formats. Shenye Operations won the bid for the property management city project in Zhengpu Port New District, Ma'anshan City, serving 13 communities and 175 natural villages in the Zhengpu Port starting area, with a total road cleaning and greening maintenance area exceeding 4.24 million square meters; in the Central China region, it won three hospital property management projects; successfully expanded property management service projects for Bank of Communications Fujian Branch, China Mobile Sichuan, and Jilin