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glorious property holdings (845) Snapshot

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glorious property holdings (845) Details

Glorious Property Holdings Limited, an investment holding company, develops and sells large-scale real estate properties in the People’s Republic of China. The company primarily develops residential, hotel, serviced apartment, office, and retail commercial properties. As of December 31, 2014, it had a total land bank of 14.8 million square meters in Shanghai Region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The company has approximately 31 projects in 13 cities, including Beijing, Tianjin, Shanghai, Wuxi, Suzhou, Nanjing, Nantong, Hefei, Harbin, Changchun, Shenyang, and Dalian. It is also involved in the wholesale of construction materials, mechanical equipment, and building materials; and provision of culture, advertising planning, advisory, business consulting, and business and property management services, as well as interior and exterior decoration, and renovation services. Glorious Property Holdings Limited was founded in 1996 and is headquartered in Central, Hong Kong.

1,033 Employees
Last Reported Date: 04/27/15
Founded in 1996

glorious property holdings (845) Top Compensated Officers

Chief Executive Officer, Vice Chairman of The...
Total Annual Compensation: CNY1.8M
Chairman of the Board, Chairman of Nomination...
Total Annual Compensation: CNY7.0M
Chief Financial Officer, Vice President, Exec...
Total Annual Compensation: CNY997.0K
Head of Project Budgeting, Vice President and...
Total Annual Compensation: CNY997.0K
Compensation as of Fiscal Year 2014.

glorious property holdings (845) Key Developments

Glorious Property Holdings Limited Announces Unaudited Group Contracted Sales Results for the Month and Year to Date Ended May 31, 2015

Glorious Property Holdings Limited announced unaudited group contracted sales results for the month and year to date ended May 31, 2015. For the month, the Group achieved contracted sales of approximately RMB 380.6 million, representing a month-on-month decrease of 18.3% and a year-on-year increase of 20.8%. The total contracted sold area was 21,271 square meters, representing a month-on-month decrease of 8.8% and a year-on-year increase of 57.7%. The average contracted selling price was RMB 17,894 per square meter. For the five months ended May 31, 2015, the total contracted sales and contracted sold area of the Group amounted to approximately RMB 1,842.0 million and 106,183 square meters, representing an increase of 7.0% and an increase of 0.6% respectively as compared to the same period of last year. The average contracted selling price was RMB 17,348 per square meter.

Glorious Property Holdings Limited Announces Group Contracted Sales Results for the Month and Year to Date Ended April 30, 2015

Glorious Property Holdings Limited announced group contracted sales results for the month and year to date ended April 30, 2015. For the month, the group achieved contracted sales of approximately RMB 466.1 million, representing a month-on-month increase of 89.6% and a year-on-year increase of 72.7%. The total contracted sold area was 23,324 square meters, representing a month-on-month increase of 68.1% and a year-on-year increase of 24.9%. The average contracted selling price was RMB 19,985 per square meter. For the four months ended 30 April 2015, the total contracted sales and contracted sold area of the group amounted to approximately RMB 1,461.4 million and 84,912 square meters, representing an increase of 3.9% and a decrease of 7.8% respectively as compared to the same period of last year. The average contracted selling price was RMB 17,211 per square meter.

Glorious Property Holdings Limited Announces Resignation of Mr. Liu Shun Fai as an Independent Non-Executive Director, the Chairman of the Audit Committee and Member of the Remuneration Committee, Effective from 30 May 2015

The board of directors of Glorious Property Holdings Limited announced that Mr. Liu Shun Fai has tendered his resignation as an independent non-executive director of the company, the chairman of the audit committee and a member of the remuneration committee with effect from 30 May 2015 due to his other business commitment.

 

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845:HK $1.21 HKD +0.02

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