Shangshi Development: The revenue in Q1 of 2026 was 82.49 million yuan, a decrease of 3.20% year-on-year.

According to the announcement from Shangshi Development, in the first quarter of 2026, the company did not acquire any new land reserves, and the total construction area of ongoing projects is approximately 373,900 square meters. The contracted sales amount is around 82.49 million yuan, a decrease of 3.20% year-on-year; the contracted sales area is approximately 0.30 million square meters, an increase of 29.09% year-on-year. Real estate leasing income is about 89.59 million yuan, a decrease of 17.40% year-on-year, and the leasing area is about 404,900 square meters, a decrease of 24.61% year-on-year.