Core Points - The China Securities Index for Hong Kong Stock Connect Real Estate has shown significant growth, with a 9.35% increase over the past month, 7.83% over the last three months, and a 3.95% rise year-to-date [2]. Group 1: Index Performance - The current value of the China Securities Index for Hong Kong Stock Connect Real Estate is reported at 1488.12 points [1]. - The index was established on November 14, 2014, with a base value of 3000.0 points [2]. Group 2: Index Composition - The index includes a maximum of 50 eligible Hong Kong-listed companies that reflect the real estate theme [2]. - The top ten weighted companies in the index are: - Sun Hung Kai Properties (14.39%) - China Resources Land (12.18%) - Cheung Kong Property (8.91%) - China Overseas Land & Investment (7.68%) - Sino Land (4.76%) - Wharf Real Estate Investment (4.51%) - Henderson Land Development (4.28%) - Longfor Group (3.65%) - China Resources Mixc Lifestyle (3.3%) - Wharf Holdings (3.09%) [2]. Group 3: Sector Allocation - The index's holdings are entirely composed of companies listed on the Hong Kong Stock Exchange [3]. - The sector breakdown of the index holdings is as follows: - Real Estate Development: 77.56% - Real Estate Management: 11.73% - Real Estate Services: 10.71% [3]. Group 4: Index Adjustment Mechanism - The index samples are adjusted biannually, specifically on the next trading day after the second Friday of June and December [3]. - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or when new companies meet the eligibility criteria for inclusion [3].

Core Insights - The company reported a total revenue of 832 million yuan for Q1 2025, ranking 10th among peers, which is a decrease of 29.61 million yuan or 3.44% year-on-year [1] - The net profit attributable to shareholders was 3.46 million yuan, ranking 24th among peers, reflecting a significant decline of 11.90 million yuan or 77.46% year-on-year [1] - The net cash inflow from operating activities was 37.86 million yuan, ranking 13th among peers, with an increase of 304 million yuan compared to the same period last year [1] Financial Ratios - The latest debt-to-asset ratio is 87.61%, ranking 38th among peers, which is a decrease of 0.33 percentage points from the previous quarter and a decrease of 3.02 percentage points year-on-year [3] - The latest gross profit margin is 15.54%, ranking 23rd among peers, with an increase of 1.01 percentage points from the previous quarter but a decrease of 0.87 percentage points year-on-year [3] - The latest return on equity (ROE) is 0.25%, ranking 26th among peers, which is a decrease of 1.00 percentage point year-on-year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is 0.00 yuan, ranking 28th among peers, which is essentially unchanged from the previous period but a decrease of 76.92% year-on-year [3] - The latest total asset turnover ratio is 0.13 times, ranking 14th among peers, which is a decrease of 0.01 times year-on-year, reflecting a decline of 5.84% [3] - The latest inventory turnover ratio is 0.59 times, ranking 30th among peers, with an increase of 0.04 times year-on-year, marking a 7.02% increase and four consecutive years of growth [3] Shareholder Information - The number of shareholders is 139,600, with the top ten shareholders holding 1.522 billion shares, accounting for 38.84% of the total share capital [3] - The largest shareholder is CITIC Guoan Co., Ltd., holding 36.44% of the shares [3]

Core Insights - The total land acquisition amount by the top 100 real estate companies in China reached 360.8 billion yuan from January to April 2025, marking a year-on-year increase of 26.6%, although the growth rate decreased by 4.0 percentage points compared to the previous month [1] - In April, 22 cities saw a more than 40% year-on-year increase in residential land transfer fees, indicating fierce competition among real estate companies for premium land parcels and reflecting the value of land in core areas [1] - Major cities such as Beijing, Hangzhou, Chengdu, Suzhou, Chongqing, and Nanjing auctioned high-premium land parcels, while the land market in many other cities continues to face short-term pressure [1] Group 1: Land Acquisition Data - The top three companies in terms of new land value from January to April 2025 are Greentown China with 64.2 billion yuan, China Jinmao with 59 billion yuan, and Poly Developments with 50.1 billion yuan [4] - The total new land value for the top 10 companies during this period was 456.16 billion yuan, accounting for 43.5% of the total for the top 100 companies, with a minimum threshold for new land value set at 3.5 billion yuan [4] - The Yangtze River Delta region led the four major city clusters with a land acquisition amount of 114.67 billion yuan, followed by the Beijing-Tianjin-Hebei region with 69.8 billion yuan, and the Central and Western regions with 28.9 billion yuan [4] Group 2: Company Rankings - The top 10 companies by total new value from January to April 2025 are as follows: Greentown China (64.2 billion yuan), China Jinmao (59 billion yuan), Poly Developments (50.1 billion yuan), China Merchants Shekou (47.1 billion yuan), and Shimao Group (45.6 billion yuan) [13] - The rankings for land acquisition amount and area for the top 100 companies show Greentown China leading in both metrics, with 31.3 billion yuan in land acquisition amount and 139 million square meters in area [7][8] - The data indicates a competitive landscape among real estate companies, with significant investments in land acquisition to secure future development opportunities [1][4]

Core Viewpoint - The China Securities Index for Hong Kong Real Estate (CSI Hong Kong Real Estate Index) has shown a decline of 1.97% over the past month, but an increase of 5.51% over the past three months and 1.84% year-to-date [1]. Group 1: Index Performance - The CSI Hong Kong Real Estate Index reported a value of 1462.70 points as of April 29 [1]. - The index is based on a sample of up to 50 eligible Hong Kong-listed companies that reflect the overall performance of the real estate sector [1]. Group 2: Index Holdings - The top ten weighted companies in the CSI Hong Kong Real Estate Index are: - Sun Hung Kai Properties (13.88%) - China Resources Land (12.3%) - Cheung Kong Property (8.74%) - China Overseas Land & Investment (8.05%) - Sino Land (4.68%) - Wharf Real Estate Investment (4.4%) - Henderson Land Development (4.15%) - Longfor Group (3.75%) - China Resources Mixc Lifestyle (3.35%) - Wharf Holdings (3.08%) [1]. Group 3: Market Composition - The CSI Hong Kong Real Estate Index exclusively comprises companies listed on the Hong Kong Stock Exchange, with a 100% representation [2]. - The index is entirely focused on the real estate sector, with a 100% allocation to this industry [3]. Group 4: Index Adjustment Mechanism - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [3]. - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or when new companies meet the eligibility criteria for inclusion [3].

FF305 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00083 | 說明 | 不適用 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 2025年3月31日 | | 9,014,739,190 | | 0 | | | 9,014,739,190 | | 1). 以股代息 - 涉及新股 | | | 135,364,624 | 1.502 % | HKD | | 7.856 | | ...

Core Points - The CSI Hong Kong Stock Connect Real Estate Index opened high and is currently at 1415.63 points, showing a decline of 7.76% over the past month, an increase of 4.84% over the past three months, and a year-to-date decline of 1.11% [1] - The index consists of up to 50 eligible Hong Kong-listed companies that reflect the overall performance of the real estate sector, with a base date of November 14, 2014, set at 3000.0 points [1] Index Holdings - The top ten weighted companies in the CSI Hong Kong Stock Connect Real Estate Index are: New World Development (13.54%), China Resources Land (12.87%), Cheung Kong Property (8.6%), China Overseas Land & Investment (8.19%), Sino Land (4.62%), Wharf Real Estate Investment (4.34%), Henderson Land Development (4.09%), Longfor Group (3.83%), China Resources Mixc Lifestyle (3.39%), and Wharf Holdings (2.92%) [1] Market Composition - The index's holdings are entirely composed of companies listed on the Hong Kong Stock Exchange, with the real estate development sector accounting for 78.01%, real estate management for 11.39%, and real estate services for 10.60% [2] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2]

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION 此乃要件，請即處理 IF YOU ARE IN ANY DOUBT ABOUT THIS FORM, YOU SHOULD CONSULT YOUR STOCKBROKER, BANK MANAGER, SOLICITOR, PROFESSIONAL ACCOUNTANT OR OTHER PROFESSIONAL ADVISER. 閣下如對本表格有任何疑問，應諮詢 閣下之股票經紀、銀行經理、律師、專業會計師或其他專業顧問。 (Incorporated in Hong Kong with limited liability) (Stock Code 股份代號：83) INTERIM DIVIDEND FOR THE YEAR ENDING 30TH JUNE, 2025 － FORM OF ELECTION 截至二零二五年六月三十日止年度之中期股息－選擇表格 IF YOU WISH TO RECEIVE YOUR DIVIDEND WHOLLY IN CASH, YOU NEED ...

此 乃 要 件 請 即 處 理 閣下如對本通函有任何疑問，應諮詢 閣下之股票經紀、銀行經理、律師、專業會 計師或其他專業顧問。 閣下如已將名下之信和置業有限公司股份全部售出或轉讓，應立即將本通函送交買 主或經手買賣之銀行、股票經紀或其他代理商，以便轉交買主或承讓人。 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之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本文件全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （股份代號：83） 執行董事： 黃志祥 （主席） 黃永光，SBS, JP （副主席） 陳榮光 李正強 田兆源 非執行董事： 夏佳理，GBM, CVO, GBS, OBE, JP 黃敏華 獨立非執行董事： 盛智文，GBM, GBS, JP 李民橋，BBS, JP 王繼榮 黃楚標，JP 敬啟者： 截至二零二五年六月三十日止年度 之中期股息以股代息 緒言 董事會於二零二五年二月二十六日宣布派發截至二零二五年六月三十日止年度 之中期股息每股本公司普通股（「股份」）0.15港元（「二零二五中期股息」），派予在 二零二五年三月十七日（星期一）辦公時間結 ...

第 1 頁 共 2 頁 v 1.1.1 免責聲明 | 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公告的內容概不負責，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 | | | --- | --- | | 公告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。 | | | | 股票發行人現金股息（可選擇以股份代替）公告 | | 發行人名稱 | 信和置業有限公司 | | 股份代號 | 00083 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二四年十二月三十一日止六個月的中期股息 | | 公告日期 | 2025年3月20日 | | 公告狀態 | 更新公告 | | 更新/撤回理由 | 更新以下項目(i) 現金股息轉換為代息股份的價格; (ii) 代息股份之首個買賣日期; (iii) 零碎 股份處理方式; 及 (iv) 選擇權截止時限 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年6月30日 | | 宣派股息的報告期末 | 2024年1 ...

Financial Performance - The group's unaudited profit attributable to shareholders for the interim period was HKD 2.241 billion, down from HKD 2.945 billion in the previous year, with basic earnings per share of HKD 0.26 compared to HKD 0.35 last year[11]. - The net profit attributable to shareholders, after accounting for a revaluation loss of investment properties, was HKD 1.82 billion, a decrease from HKD 2.616 billion in the previous year, with earnings per share of HKD 0.21 compared to HKD 0.31 last year[11]. - Revenue for the six months ended December 31, 2024, was HKD 3,854 million, a decrease of 21.7% compared to HKD 4,923 million for the same period in 2023[88]. - Gross profit for the same period was HKD 1,653 million, down 13.9% from HKD 1,921 million in 2023[88]. - Profit before tax decreased to HKD 2,032 million, a decline of 31.3% from HKD 2,959 million in the previous year[88]. - Net profit for the period was HKD 1,817 million, representing a decrease of 30.8% compared to HKD 2,629 million in 2023[88]. - Total comprehensive income for the period was HKD 1,656 million, down 41.4% from HKD 2,831 million year-on-year[89]. - The company's profit for the six months ended December 31, 2024, was HKD 1,817 million, a decrease of 30.8% compared to HKD 2,629 million in the same period of 2023[89]. Property Sales and Revenue - Total property sales revenue attributable to the group was HKD 2.448 billion, significantly lower than HKD 6.635 billion in the previous year[14]. - The property sales segment generated revenue of HKD 1,212 million with a profit of HKD 110 million, down from HKD 2,360 million and HKD 339 million respectively in the previous year[111]. - Property sales revenue decreased significantly to HKD 1,212 million, a decline of 48.7% from HKD 2,360 million in the same period last year[107]. Rental and Hotel Operations - Total rental income for the interim period was HKD 1.748 billion, a decrease of 1.6% year-on-year, while net rental income fell to HKD 1.377 billion, down 6.3% year-on-year[19]. - Hotel revenue for the interim period was HKD 794 million, down from HKD 811 million in the previous year, while operating profit improved to HKD 261 million[23]. - The company reported a decrease in hotel operations revenue to HKD 495 million, down 1.4% from HKD 502 million in the previous year[107]. - The hotel operations segment achieved revenue of HKD 495 million with a profit of HKD 198 million, compared to HKD 502 million and HKD 189 million in the previous year[111]. Dividends and Shareholder Returns - The board declared an interim dividend of HKD 0.15 per share, consistent with the previous year's dividend[12]. - The interim dividend declared for the six months ended December 31, 2024, was HKD 0.15 per share, totaling HKD 1,352 million, an increase from HKD 1,280 million in the same period of 2023[126]. - The company declared a final dividend of HKD 3,719 million for the fiscal year 2024[96]. Financial Position and Assets - As of December 31, 2024, the group has cash and bank deposits amounting to HKD 47.67 billion, with net cash of HKD 45.88 billion after deducting total borrowings of HKD 1.79 billion[27]. - The group has a total asset value of HKD 180.99 billion and total equity of HKD 166.59 billion as of December 31, 2024[27]. - The company's equity attributable to shareholders increased to HKD 166,588 million from HKD 165,790 million, reflecting a growth of 0.5%[93]. - Non-current assets decreased slightly to HKD 109,812 million from HKD 109,909 million, indicating a marginal decline of 0.1%[92]. - Current assets rose to HKD 71,184 million, up from HKD 70,435 million, representing an increase of 1.1%[92]. Land Reserves and Future Projects - As of December 31, 2024, the company has a land reserve of approximately 19.4 million square feet, with a balanced property type distribution: 47.5% commercial, 28% residential, 10.3% industrial, 8.1% parking, and 6.1% hotel[16]. - Future projects available for sale include ONE CENTRAL PLACE in Central, a property development project in Yau Tong, and the third phase of the Sunrise Canopy project in Tseung Kwan O, with presale consent expected for the To Kwa Wan project in 2025[15]. Market Conditions and Outlook - The office market continues to face challenges due to oversupply and slowing demand, impacting occupancy rates and rental prices[20]. - The company maintains a cautious optimism regarding the real estate market, supported by government measures and increasing population demand[44]. - The company is optimizing its tenant mix and conducting promotional activities to attract foot traffic in its malls[20]. Shareholding Structure - The company’s chairman holds a 60.22% stake in the company, reflecting significant ownership concentration[51]. - Major shareholder Mr. Huang Zhi-da holds 5,441,047,189 shares, accounting for 60.35% of the issued shares[59]. - The company holds a total of 5,422,757,878 shares in trust, with significant ownership by the late Mr. Huang Ting-fang's estate[54]. Sustainability and Community Engagement - The group has been recognized in multiple sustainability ratings, including being included in the Dow Jones Sustainability World Index for the third consecutive year[33]. - The group has launched the "Revitalizing Coral Action" marine conservation program, which has welcomed over 3,100 local and international visitors to its coral restoration facility[35]. - The company emphasizes sustainable development through green building planning and carbon reduction initiatives[44]. Governance and Compliance - The company has established a remuneration committee to oversee the compensation policies for all directors and senior management, ensuring transparency and regular reviews[71]. - The nomination committee is responsible for reviewing the board's structure and composition, ensuring alignment with the company's corporate strategy[72]. - The audit committee has reviewed the company's accounting policies and practices during the first quarter of 2025, ensuring compliance and effective financial reporting[73].