信和置业公布截至2025年6月30日止年度业绩，收入81.83亿港元，同比减少6.64%;公司股东应占溢利 40.19亿港元，同比减少8.7%;每股盈利0.45港元，末期股息每股43港仙。 香港联交所最新资料显示，10月24日，信和置业(00083)股东将股票由香港上海汇丰银行转入花旗银 行，转仓市值31.50亿港元，占比3.37%。 ...

Core Viewpoint - The chairman of Sino Land Company, Huang Yongguang, expressed optimism about the future of the Hong Kong property market, citing six favorable factors that will drive economic and real estate growth in the region [1]. Group 1: Market Outlook - Huang highlighted that the Hong Kong property market reflects the overall economic situation, and a healthy economy will lead to real estate development [1]. - The company recorded approximately 16,000 transactions in the primary market this year, surpassing the total for the entire year of 2024 [1]. Group 2: Positive Factors for the Property Market - Six positive factors for the Hong Kong economy and property market were identified: 1. The U.S. and Hong Kong entering a rate-cutting cycle 2. Strong performance in the Hong Kong IPO market 3. Government talent programs supporting rental and purchase demand 4. The "Study in Hong Kong" initiative attracting non-local students 5. Increased visitor numbers boosting the economy 6. The Northern Metropolis being a key development project in the Policy Address [1]. Group 3: Future Development Plans - The company plans to focus on the development of the Northern Metropolis, which is seen as a future economic driver for Hong Kong [2]. - Sino Land has three new projects in the pipeline, totaling approximately 3,756 units, with the first project expected to launch by the end of the year [2]. Group 4: Investment Property Performance - The rental rate for the company's investment properties remains stable, with shopping mall occupancy at 93% and residential properties exceeding 90% [2]. - The company is actively reviewing attractive second-hand investment projects in the market to seek positive financial returns [3].

SINO LAND COMPANY LIMITED （信 和 置 業 有 限 公 司） 之 組織章程細則 （經於二零二五年十月二十二日通過之特別決議案採納） 一九七一年一月五日成立 香港 二零二五年十月再版 （本文件為中文譯本，僅供參考用途。 中、英文版本如有任何歧義，應以英文版為準。） 編號：22575 （副本） 公司更改名稱 註冊證書 CHERITH LAND INVESTMENT COMPANY LIMITED（基立地產投資有限公司） 於一九七一年一月五日在香港依據公司條例註冊成為有限公司； 該公司通過特別決議並經公司註冊處批准對其名稱作出更改； 本人茲證明該公司現以 SINO LAND COMPANY LIMITED（信和置業有限公司） 名稱註冊為一間有限公司。 本證書於一九八一年一月十六日簽發。 （簽署）LAI Ming Chi 香港公司註冊處處長 代行 編號：22575 （副本） 公司註冊證書 本人謹此證明 Cherith Land Investment Company Limited（基立地產投資有限公司）於本日在香港 依據公司條例註冊成為有限公司。 本證書於一九七一年一月五日簽發。 （簽署） ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本文件的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本文件全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 (股份代號: 83) 二零二五年十月二十二日舉行之股東周年大會 按股數投票表決結果 | | 決議案撮要 | 票數 | (%) | | --- | --- | --- | --- | | | 普通決議案 | 贊成 | 反對 | | 1 | 省覽、考慮及接納截至二零二五年 | 8,294,784,729 | 11,934,754 | | | 六月三十日止年度之經審核財務報告 | (99.86%) | (0.14%) | | | 書與董事會報告及獨立核數師報告。 | | | | 2 | 宣派末期股息每普通股 0.43 港元或可 | 8,298,482,769 | 8,281,223 | | | 選擇以股代息。 | (99.90%) | (0.10%) | | 3(i) | 選舉陳榮光先生連任董事。 | 7,817,494,122 | 489,264,580 | | | | (94.11%) | (5.89%) ...

Investment Rating - The report maintains an "Outperform" rating for the real estate industry in Hong Kong [1]. Core Insights - The current adjustment in the Hong Kong real estate market, which began in Q3 2021, is nearing its end, with signs of price stabilization observed in Q2 2025. The cumulative decline in residential property prices from September 2021 to March 2025 is 28.4% [27][75]. - Key factors contributing to the potential recovery include improved GDP growth, increased disposable income, and a favorable rental yield environment, which enhances purchasing power and willingness among residents [28][30][75]. - The market is characterized by a concentration of market share among top developers, with the top five companies holding a 46.8% market share in sales [53]. Summary by Sections Historical Review - The previous cycle of the Hong Kong real estate market saw a significant decline in prices from 1997 to 2003, with a cumulative drop of 66% in residential property prices. The recovery was driven by improved economic conditions and a decrease in housing supply [9][22]. Current Outlook - The report indicates that the Hong Kong real estate market is approaching the end of its adjustment phase, supported by stabilizing GDP and disposable income growth, alongside a reduction in housing supply [27][28][75]. - The rental yield for private residential properties is becoming increasingly attractive, nearing mortgage rates, which is expected to boost buyer interest [14][35]. Market Structure - The concentration of market share among leading developers allows for significant flexibility in adjusting land acquisition and sales strategies, enhancing their performance during market upturns [53][70]. - The average rental income from properties held by major developers is projected to stabilize, providing a buffer against market fluctuations [64]. Investment Recommendations - The report suggests focusing on major local developers such as Sun Hung Kai Properties, Henderson Land Development, and Sino Land, which are well-positioned to benefit from the anticipated market recovery [75].

Group 1 - The core viewpoint emphasizes that ESG is not just a corporate issue but a key topic for long-term societal development [1] - The global ESG landscape is evolving, with significant regulatory changes and a growing market focus on sustainable value, as evidenced by the global ESG fund size surpassing $40 trillion in 2025, with over 50% from the US [2] - Companies that integrate ESG into their operations can find new growth opportunities through green transformation and social responsibility [2] Group 2 - Youth innovation is becoming a crucial catalyst for the realization of ESG values, with many young projects addressing social pain points while maintaining clear business logic [3] - Collaboration across various stakeholders, including government, enterprises, and academia, is essential for sustainable development, as it requires a full-chain approach [3][4] - The Sino Inno Lab initiative by the company aims to integrate innovative products into community life, fostering interaction between startups and citizens [4] Group 3 - ESG is increasingly recognized as a value-creating process that everyone can participate in, serving as a link between businesses, markets, and society [5] - By embedding ESG into their core strategies and fostering innovation through collaboration, companies can enhance their market competitiveness and contribute to societal sustainability [5]

FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00083 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 9,150,103,814 | | 0 | | 9,150,103,814 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 9,150,103,814 | | 0 | | 9,150,103,814 | 第 2 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年9月30日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 信和置業有 ...

Core Insights - In the first three quarters of 2025, the total sales of the top 100 real estate companies in China reached 26,065.9 billion yuan, a year-on-year decrease of 12.2%, although the decline narrowed by 1.1 percentage points compared to the previous eight months [1][3] - Poly Developments topped the sales chart with 201.7 billion yuan, becoming the only company among the top 100 to exceed 200 billion yuan [1][2] - The sales performance in September showed a month-on-month increase of 11.9%, with companies like Jianfa, Binjiang, Jinmao, and Poly Properties demonstrating strong sales [1] Sales Rankings - The top six companies by sales in the first nine months of 2025 are: 1. Poly Developments: 201.7 billion yuan 2. Greentown China: 178.5 billion yuan 3. China Overseas Property: 170.5 billion yuan 4. China Resources Land: 154.4 billion yuan 5. China Merchants Shekou: 140.66 billion yuan 6. Vanke: 100.29 billion yuan - Only these six companies have sales exceeding 100 billion yuan [1][4] Market Segmentation - The number of companies in different sales brackets has changed: - 6 companies in the 100 billion yuan and above category, unchanged from the previous year, with an average sales of 157.68 billion yuan - 7 companies in the 50 billion to 100 billion yuan category, down by one from the previous year, with an average sales of 71.6 billion yuan - 6 companies in the 30 billion to 50 billion yuan category, down by one from the previous year, with an average sales of 38.16 billion yuan - 40 companies in the 10 billion to 30 billion yuan category, down by four from the previous year, with an average sales of 16.4 billion yuan [3]

Core Viewpoint - Bank of America Securities reports that the Hong Kong property market has begun to recover, predicting a rebound in residential property prices from 2027 to the second half of 2026, with an expected increase of approximately 3% and a further 5% rise in 2027 [1] Summary by Category Market Outlook - The forecast for residential property price rebound has been advanced to the second half of 2026 from 2027, with an anticipated increase of about 3% in 2026 and an additional 5% in 2027 [1] - The recovery in property prices is expected to lead to a resurgence in profitability and dividends for local property developers by 2027 [1] Company Ratings and Target Prices - Average target prices for local property stocks have been raised by 3%, with earnings forecasts adjusted upwards by up to 4% from this year to 2027 [1] - Longfor Group (01113) and Sino Land (00083) are favored among developers, with Longfor's rating upgraded from "Neutral" to "Buy" and target price increased from HKD 39 to HKD 42 [1] - Sino Land is also given a "Buy" rating, with its target price raised from HKD 9.8 to HKD 10.8 [1] Rental Stocks - The report expresses a positive outlook on Hang Lung Properties (00101) and Swire Properties (01972), both receiving "Buy" ratings, with target prices adjusted to HKD 10 and HKD 24.5 respectively [1] - The rating for MTR Corporation (00066) is maintained at "Underperform" [1]

Sustainability Report 2025 可持續發展報告 2025 Together for a sustainable future 一起 續建未來 Grand Mayfair 柏瓏 Contents 目錄 Managing Sustainability 可持續發展管理 Our Pillars 我們的關鍵元素 Appendices 附錄 SUSTAINABILITY REPORT 2025 可持續發展報告 1 2 About this Report 關於本報告 4 About Sino Land 關於信和置業 6 Message from the Chairman of the ESG Steering Committee 環境、社會及管治督導委員會主席寄語 8 Performance Highlights 表現概覽 10 Value Creation Framework 創造共享價值框架 12 Sustainability Vision 2030 可持續發展願景 2030 16 Featured Case Studies 焦點案例 22 Defining our Material Topics ...