Group 1 - Pang Songtao appointed as Deputy Secretary of the Party Committee and Director of China General Nuclear Power Group, nominated as candidate for General Manager [1] - Cai Zhen appointed as member of the Party Committee and nominated as candidate for Deputy General Manager of China General Nuclear Power Group; Gao Ligang removed from his positions and retired [2] - Guo Jianhe appointed as Deputy Secretary of the Party Committee and Director of China Aneng Construction Group, nominated as candidate for General Manager [3] Group 2 - Wu Shengyue appointed as Deputy Secretary of the Party Committee and Director of China Poly Group, nominated as candidate for General Manager [4] - Ma Jiru no longer serves as Chief Accountant of Minmetals Technology Group and has retired [5] - Wu Shengyue no longer serves as External Director of Minmetals Technology Group [6] Group 3 - Lyu Shuzheng removed from the position of Deputy Secretary of the Party Committee of China Construction Technology Co., Ltd. and has retired [7] - Huang Jing'an no longer serves as Deputy General Manager of China Chengtong Holdings Group and has retired [8] - Zhao Rongzhe removed from the position of member of the Party Committee and Chief Accountant of China Coal Energy Group and has retired [9] Group 4 - Shi Yulin no longer serves as Deputy General Manager of Nanguang Group and has retired [10] - Shao Lin, Li Shulei, Fan Bing, and Gao Hesheng appointed as External Directors of China Changan Automobile Group [11] - Dai Deming appointed as External Director of China Forestry Group [12] Group 5 - Li Shaozhu appointed as External Director of China Guoxin Holdings [14]

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，概不對因本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。 Poly Property Group Co., Limited 保 利 置 業 集 團 有 限 公 司 （於香港註冊成立之有限公司） （股份代號：00119） 香港，二零二五年十月三十日 於本公告日期，本公司執行董事為萬宇清先生及胡在新先生；本公司非執行董事為張毅先生及 鄧歡先生；及本公司獨立非執行董事為馮志堅先生、梁秀芬女士、黃家倫先生及吳劍林先生。 2 保利置業集團有限公司（「本公司」，連同其附屬公司合稱「本集團」）之董事會 （「董事會」）謹此宣佈，黃卓謙先生（「黃先生」）因已達退休年齡，自二零二五 年十月三十日起退任本公司公司秘書。 黃先生已確認彼與董事會並無意見分歧，亦無任何有關其退任的事宜須提請本公司股 東或香港聯合交易所有限公司垂注。 董事會欣然宣佈，謝楊女士（「謝女士」）已獲委任為本公司公司秘書，自二零二五 年十月三十日起生效。謝女士於二零一七年加入本集團，現任本公司資本市場部副總 經理 ...

Core Insights - The land parcel in Shishan Town, Nanhai District, was successfully auctioned for approximately 381 million yuan, acquired by Baoli South China, a wholly-owned subsidiary of Poly South China [1][2] Group 1: Land Auction Details - The starting price for the Shishan Town land was 317.6 million yuan, with a final transaction price reflecting a premium rate of about 20%, equating to a floor price of 5,232 yuan per square meter [1][2] - The land covers an area of approximately 31,700 square meters and is designated for mixed-use, including residential, retail, dining, hotel, and park areas, with a total development investment requirement of no less than 255 million yuan, excluding the land price [1][2] Group 2: Company Strategy and Market Position - Baoli South China has made three land acquisitions in Foshan this year, with the Shishan Town parcel being adjacent to a previously acquired site, indicating a strategic focus on the Binhai Lake area [1][3] - The company aims to maintain its "land acquisition immediately followed by construction" approach, emphasizing rapid development and project delivery [1][3] Group 3: Market Trends and Performance - In the first nine months of 2025, Baoli South China ranked first in Foshan's real estate sales with a total sales amount of 8.434 billion yuan in equity and 10.776 billion yuan in flow [4] - The overall real estate market in Foshan is experiencing a decline, with the top 30 real estate companies seeing a 15% year-on-year decrease in sales performance [4] - Despite the market downturn, there has been a notable increase in monthly sales performance in September, with a 36% month-on-month growth for the top 30 companies [4][5]

Core Insights - Poly Real Estate Group's Shanghai subsidiary reported significant growth in revenue and net profit for the first nine months of 2025, with revenue reaching approximately 22.76 billion yuan, a year-on-year increase of 82.13%, and net profit of about 334 million yuan, recovering from a loss of 150 million yuan in the same period last year [1] Financial Performance - For the first nine months of 2025, Poly Real Estate Shanghai achieved a total revenue of approximately 22.76 billion yuan, marking an 82.13% increase year-on-year [1] - The net profit for the same period was approximately 334 million yuan, a significant recovery from a net loss of 150 million yuan in the previous year [1] - The net profit attributable to the parent company was approximately 63.31 million yuan, reflecting a year-on-year growth of 208.8% [1] - As of September 30, total assets amounted to 170.51 billion yuan, with total liabilities at 140.87 billion yuan, resulting in equity of 29.64 billion yuan [1] Sales Performance - Cumulative contract sales for Poly Real Estate Group reached approximately 39.5 billion yuan, with a total sales area of about 1.295 million square meters and an average contract sales price of approximately 30,504 yuan per square meter [1] - The Shanghai region remained a key performance area, contributing 6.08 billion yuan in sales, primarily driven by the success of the Hai Shang Yin project [1][2] Project Development - The Hai Shang Yin project, launched in April 2025, sold out within an hour during its first opening and became the first "daylight disk" in Minhang for the year [2] - In September, the project released 52 units of four-bedroom apartments, achieving an average price of 84,143 yuan per square meter, with all units sold out [2] - Poly Real Estate accelerated land acquisition, adding approximately 1.183 million square meters of land reserves, with nearly 90% located in Shanghai, Hangzhou, and Guangzhou [3] Land Acquisition Strategy - Poly Real Estate has increased its focus on Shanghai, acquiring key land parcels in core areas, including the Yangpu Binjiang land for 4.241 billion yuan, setting a new record for floor prices in the area [5] - The company also entered the Jing'an District through equity transactions, acquiring a 51% stake in a real estate development company for 850 million yuan [5] - In addition to conventional land auctions, Poly Real Estate successfully bid for multiple parcels in competitive bidding processes, demonstrating its aggressive expansion strategy [5]

Group 1: Policy and Safety Regulations - Guangzhou Housing and Urban-Rural Development Bureau issued guidelines requiring residential areas to install smoke detectors and gas leak alarms, and to ensure elevators have automatic rescue functions during power outages [1] - The guidelines also mandate the management of electric bicycles, including the installation of monitoring and alarm devices in elevators to prevent vehicles from entering residential floors [1] - Additional safety measures include optimizing fall prevention designs and enhancing the safety of external wall materials and air conditioning units [1] Group 2: Company Financial Performance - Poly Real Estate reported a revenue of 22.759 billion yuan for the first nine months of 2025, representing an 82.13% year-on-year increase, with a net profit attributable to shareholders of 63 million yuan, up 200% [2] - Yuhua Development achieved a revenue of 198 million yuan for the same period, a decline of 32.82%, but reported a net profit of 161 million yuan, marking a significant increase of 454.15% year-on-year [3] Group 3: Real Estate Transactions - China State Construction Intelligence and Future Science City acquired a land parcel in Changping District for 2.6012 billion yuan, with a floor price of approximately 24,900 yuan per square meter, covering an area of about 63,500 square meters and a planned construction area of approximately 104,700 square meters [4] Group 4: Bond Issuance - Poly Real Estate announced the successful issuance of 1 billion yuan in corporate bonds by its wholly-owned subsidiary, with a maturity of 5+2 years and an annual interest rate of 2.79% [5]

Group 1 - Guangzhou Housing and Urban-Rural Development Bureau issued guidelines for safety in residential buildings, requiring smoke detectors, gas leak alarms, and automatic rescue functions in elevators [1] - The guidelines also mandate monitoring and alarm devices for electric bicycles in elevators to prevent them from entering residential floors [1] - Additional safety measures include optimizing fall prevention designs and enhancing the safety of external wall materials and air conditioning units [1] Group 2 - Poly Real Estate reported a revenue of 22.759 billion yuan for the first nine months of 2025, a year-on-year increase of 82.13%, with a net profit attributable to shareholders of 0.63 billion yuan, up 200% [2] - Yucheng Development achieved a revenue of 1.98 billion yuan in the same period, a year-on-year decrease of 32.82%, but reported a net profit of 1.61 billion yuan, reflecting a significant increase of 454.15% [3] Group 3 - China State Construction Intelligence and Future Science City acquired a land parcel in Changping District for 2.6012 billion yuan, with a floor price of approximately 24,900 yuan per square meter [4] - Poly Real Estate successfully issued 1 billion yuan in corporate bonds with a term of 5+2 years and an annual interest rate of 2.79% [5]

Core Viewpoint - Poly Real Estate Group announced the successful issuance of the fourth phase of corporate bonds by its wholly-owned subsidiary, Shanghai Poly Real Estate, aimed at refinancing existing debt [1] Group 1 - The total issuance scale of the fourth phase corporate bonds is RMB 1 billion [1] - The bonds have a term of 5+2 years and a coupon rate of 2.79% [1] - The proceeds from the bond issuance will be used to repay the principal of existing corporate bonds using the company's own funds [1]

Core Viewpoint - Poly Real Estate Group has successfully issued the fourth phase of corporate bonds for 2025, amounting to RMB 1 billion, with a maturity of 5+2 years and an interest rate of 2.79% [1] Group 1 - The bond issuance is aimed at refinancing the principal of repurchased corporate bonds using the company's own funds [1]

Core Viewpoint - Poly Real Estate Group has successfully issued the fourth phase of corporate bonds for 2025, indicating a strategic move to manage its debt obligations effectively [1] Group 1: Bond Issuance Details - The fourth phase of corporate bonds was issued on October 28, 2025, by a wholly-owned subsidiary of Poly Real Estate Group registered in the People's Republic of China [1] - The total issuance scale of the bonds is RMB 1 billion, with a maturity period of 5+2 years and a coupon rate of 2.79% [1] - The proceeds from the bond issuance will be used to replace and repay the principal of the company's redeemable bonds using its own funds [1]

Core Viewpoint - Poly Real Estate Group successfully issued the fourth phase of corporate bonds for 2025, amounting to RMB 1 billion, with a maturity of 5+2 years and a coupon rate of 2.79% [1] Group 1 - The bond issuance was conducted by a wholly-owned subsidiary of Poly Real Estate Group registered in the People's Republic of China [1] - The funds raised from the bond issuance will be used to replace and repay the principal of the company's redeemable bonds using its own funds [1]