CSIMarket Company Name, Ticker, Industry, else..
 
China Housing & Land Development, Inc.  (CHLN)
    Sector • Capital Goods    Industry • Construction Services
 

China Housing & Land Development's Customers Performance

CHLN


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CHLN's Source of Revenues During the corresponding time, China Housing & Land Development, Inc. saw a revenue deteriorated by -28.9 % year on year, sequentially revenue fell by -45.61 %. While revenue at the China Housing & Land Development, Inc.'s corporate clients

• List of CHLN Customers




for the same period China Housing & Land Development, Inc. revnue deteriorated by -28.9 % year on year, sequentially revenue fell by -45.61 %.

• List of CHLN Customers

China Housing & Land Development's Business Units






China Housing & Land Development's Comment on Sales, Marketing and Customers



In China, developers typically start to market and offer properties before construction is completed. Under PRC pre-sales regulations, property developers must satisfy specific conditions before they can pre-sell properties that are under construction.

These mandatory conditions require a certain level of capital expenditure and substantial progress in project construction before commencement of pre-sales. Developers are required to file all pre-sale contracts with the local land bureaus and real estate administrations after entering into such contracts.

We benefit from an established sales and marketing platform which is complemented by the efforts of professional third-party sales agents. As we strive to develop lasting relationships with our customers, the majority of our sales are generated by recommendations from existing customers. The new sales initiatives of our sales department generate approximately 60% of our total sales. More than 80% of our customers are first-time home buyers.