(Incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock code 股份代號：00119) N OT IF IC ATI ON LET TE R 通知信函 Dear Non-registered Shareholder(Note 1) , Poly Property Group Co., Limited (the "Company") – Notice of Publication of the 2025 Interim Report (the "Interim Report") The English and Chinese versions of the Company's Interim Report are available in the Investor Relations section of the Company's website at www.polyhongkong.com and on the website of Hong Kong Exchanges and Clearing Limited ...

(Incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） 26 September 2025 Dear Registered Shareholder, Poly Property Group Co., Limited (the "Company") – Notice of Publication of the 2025 Interim Report (the "Interim Report") The English and Chinese versions of the Company's Interim Report are available in the Investor Relations section of the Company's website at www.polyhongkong.com and on the website of Hong Kong Exchanges and Clearing Limited ("HKEX") at www.hkexnews.hk. If you have previously ...

Financial Performance - The group's revenue for the first half of 2025 was RMB 18.444 billion, an increase of RMB 5.988 billion or 48.1% compared to RMB 12.457 billion in the same period of 2024[9]. - Shareholders' profit for the first half of 2025 was RMB 208 million, a decrease of RMB 165 million or 44.3% from RMB 373 million in the same period of 2024[9]. - The group completed contract sales amounting to RMB 26.7 billion in the first half of 2025, a decrease of 6% year-on-year[10]. - The average contract sales price increased by 9% year-on-year to RMB 27,763 per square meter[10]. - In the first half of 2025, the company achieved a revenue recognition amount of approximately RMB 17.367 billion, with a recognized area of about 814,000 square meters[20]. - The company reported a significant increase in the revaluation reserve, which rose to RMB 853,405,000 as of June 30, 2025, from RMB 803,510,000 in the previous year[57]. - Total revenue for the six months ended June 30, 2025, was RMB 18,444,209, with RMB 17,458,481 from property development and RMB 913,687 from property investment and management[72]. - The group reported a profit before tax of RMB 1,375,975, with income tax expenses of RMB 1,143,493, resulting in a net profit of RMB 232,482[72]. Project Development - The group acquired 9 real estate development projects, adding approximately 1.183 million square meters of land reserves, with a 74% equity stake[11]. - The company plans to launch nine new projects in the second half of 2025, including locations in Shanghai, Hangzhou, Guangzhou, Shenzhen, Jinan, and Weihai[17]. - Six new projects were commenced in the first half of 2025, with a total construction area of approximately 511,000 square meters[18]. - The newly added land reserve in the first half of 2025 includes nine projects with a total planned construction area of approximately 1.183 million square meters[23]. - The Guangzhou Liwan project has a planned total construction area of approximately 253,000 square meters, located in a core business district[25]. - The Hangzhou West Lake project has a planned total construction area of approximately 68,000 square meters, benefiting from proximity to Zhejiang University[27]. - The Jinan Lixia District A1 project has a planned total construction area of approximately 168,000 square meters, situated in the city’s core area[28]. - The Weihai Huancui project has a planned total construction area of approximately 120,000 square meters, located in a central area with complete amenities[31]. Financial Position - As of June 30, 2025, the company's total equity attributable to shareholders was RMB 34.19 billion, with a net asset value per share of RMB 8.95[39]. - The company's debt-to-asset ratio was 75.9% as of June 30, 2025, a slight decrease from 76.6% at the end of 2024[39]. - The company had outstanding bank and other borrowings totaling RMB 68.20 billion, with 25.6% due within one year[40]. - The company’s liquid assets amounted to RMB 78.39 billion, with total bank deposits of RMB 28.47 billion as of June 30, 2025[41]. - The value of mortgaged investment properties increased to RMB 6.43 billion as of June 30, 2025, compared to RMB 5.53 billion at the end of 2024[43]. - The maximum guarantee amount provided to banks for mortgage loans reached RMB 17.82 billion as of June 30, 2025, down from RMB 23.50 billion at the end of 2024[44]. - The company’s total liabilities decreased to RMB 12,392,755,000 as of June 30, 2025, compared to RMB 10,933,352,000 in the previous year, indicating a shift in financial structure[57]. Cash Flow and Investments - Cash flow from operating activities showed a net outflow of RMB 2,100,537,000 for the six months ended June 30, 2025, compared to a net inflow of RMB 2,735,959,000 in 2024[59]. - The company incurred a total of RMB 1,204,877,000 in cash outflow from investing activities for the six months ended June 30, 2025, compared to RMB 804,247,000 in 2024, indicating an increase in investment expenditures[59]. - New borrowings amounted to RMB 7,947,367,000 in the first half of 2025, a decrease from RMB 10,426,686,000 in the same period of 2024[59]. - The cash and cash equivalents at the end of June 30, 2025, were RMB 28,304,708,000, down from RMB 33,590,263,000 at the end of June 30, 2024, representing a decrease of approximately 16%[59]. Corporate Governance and Compliance - The company has adhered to the corporate governance code as per the listing rules during the review period[130]. - The audit committee, consisting of three non-executive directors and four independent non-executive directors, reviewed the accounting principles and practices adopted by the group[134]. - The company confirmed compliance with the standard code regarding securities trading by directors for the six months ending June 30, 2025[132]. - The company has taken sufficient measures to ensure its corporate governance practices meet or exceed the standards set forth in the corporate governance code[131]. Shareholder Information - The total number of issued shares as of June 30, 2025, is 3,821,183,118[114]. - China Poly Group holds 1,837,526,304 shares, representing 48.09% of the company's issued shares[118]. - Poly Development Holdings Group holds 1,583,738,058 shares, accounting for 41.45% of the company's issued shares[118]. - Ting Shing Holdings Limited indirectly holds 1,463,356,514 shares, which is 38.30% of the company's issued shares[118]. - The company did not declare an interim dividend for the six months ended June 30, 2025, consistent with the previous period[82].

Investment Rating - The report rates the real estate industry as "Outperform" compared to the market [1]. Core Insights - The real estate market in August 2025 showed a narrowing year-on-year decline in transaction volume due to low base effects, while land auction premiums in first-tier cities reached a six-year high [1][2]. - The overall performance of the real estate sector underperformed the CSI 300 index, with an absolute return of 6.5% and a relative return of -3.9% [2][13]. - The report emphasizes the importance of policy adjustments in major cities to stimulate market activity, particularly in Beijing, Shanghai, and Shenzhen [4][24]. Summary by Sections New Home Transactions - In August, new home transaction area in 40 cities was 859.1 million square meters, down 0.5% month-on-month and down 13.5% year-on-year, with a cumulative decline of 5.0% for the first eight months [14][17]. - First-tier cities experienced an expanded year-on-year decline in new home transactions, while second-tier cities saw a narrowing decline, and third- and fourth-tier cities turned positive [15][16]. Second-Hand Home Transactions - Second-hand home transaction area in 18 cities was 715.6 million square meters in August, down 9.2% month-on-month and down 6.4% year-on-year, with a cumulative increase of 7.5% for the first eight months [22][23]. - Year-on-year declines in second-hand home transactions narrowed in first- and second-tier cities, while third- and fourth-tier cities showed positive growth [23]. Inventory and Absorption - New home inventory increased month-on-month, with an overall absorption cycle of 17.1 months, down 0.3 months from the previous month [4][9]. - The average opening absorption rate in 30 cities improved to 42% in August, up 9 percentage points month-on-month and 13 percentage points year-on-year [4][9]. Land Market - Overall land auction activity declined month-on-month, but first-tier cities saw land premium rates reach a six-year high, averaging 22.3% [4][12]. - The average land floor price decreased by 13.4% month-on-month and 21.5% year-on-year [12]. Real Estate Companies - The top 100 real estate companies reported a sales decline of 16.5% year-on-year in August, with a total sales amount of 225.6 billion yuan [4][12]. - The land acquisition amount for the top 100 companies increased by 34.9% year-on-year in August, although it decreased by 27.1% month-on-month [4][12]. Financing - The financing scale for the real estate industry decreased both year-on-year and month-on-month in August, with a total issuance of 55.3 billion yuan [4][12]. - The average issuance interest rate was 2.51%, showing a slight decrease compared to previous periods [4][12]. Policy - Recent policy adjustments in major cities aim to support the real estate market, with a focus on urban renewal and easing purchase restrictions [4][24]. - The report highlights the significance of these policies in stabilizing market expectations and promoting demand [4][24].

保利置业集团(00119)发布公告，龚健先生因已达退休年龄，已于2025年9月18日起退任公司非执行董 事、审核委员会及提名委员会成员职务。 ...

智通财经APP讯，保利置业集团(00119)发布公告，龚健先生因已达退休年龄，已于2025年9月18日起退 任公司非执行董事、审核委员会及提名委员会成员职务。 ...

格隆汇9月18日丨保利置业集团(00119.HK)宣布，龚健因已达退休年龄，已于2025年9月18日起退任公司 非执行董事、审核委员会及提名委员会成员职务。 ...

Poly Property Group Co., Limited 保 利 置 業 集 團 有 限 公 司 萬宇清先生 （主席） 胡在新先生 （總經理） 非執行董事 張毅先生 鄧歡先生 獨立非執行董事 馮志堅先生 梁秀芬女士 黃家倫先生 吳劍林先生 董事會下設四個委員會，其成員如下： （於香港註冊成立之有限公司） （股份代號：00119） 董事名單與其角色和職能 保利置業集團有限公司董事（「董事」）會（「董事會」）成員自二零二五年九月十 八日起組成如下： 執行董事 | 吳劍林先生 | 黃家倫先生 | 梁秀芬女士 | 馮志堅先生 | 鄧歡先生 | 張毅先生 | 胡在新先生 | 萬宇清先生 | | 董事 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成員 | 成員 | 主席 | 成員 | 成員 | 成員 | ─ | ─ | 審核委員會 薪酬委員會 | 委員會 | | ─ | 主席 | 成員 | 成員 | ─ | 成員 | 成員 | ─ | | | | ─ | 成員 | 成員 | 成員 | ─ | ─ | ─ | 主席 | 提名委員 ...

承董事會命 保利置業集團有限公司 主席 萬宇清 （於香港註冊成立之有限公司） （股份代號：00119） 非執行董事及董事會委員會成員之退任 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，龔健先生（「龔先生」）因已達退休年齡，已於二零二五 年九月十八日起退任本公司非執行董事、審核委員會及提名委員會成員職務。 龔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。 董事會謹藉此機會衷心感謝龔先生在任期間對本集團的寶貴貢獻及竭誠服務。 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 香港，二零二五年九月十八日 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、 ...

Core Viewpoint - China Poly Group Corporation has issued a stern statement regarding the emergence of fraudulent companies impersonating it, emphasizing that these entities have no affiliation or investment relationship with the group [1][4]. Group 1: Company Identity and Fraudulent Activities - Several companies have been identified as fraudulent, using the name of Poly Group to conduct business and promotional activities without authorization [1]. - A list of fraudulent companies has been provided, including their names, registration codes, and locations, indicating a widespread issue of impersonation [2][3]. - The phenomenon of fake state-owned enterprises has been noted as a growing concern, with over a thousand "fake state-owned enterprises" reported by the State-owned Assets Supervision and Administration Commission from 2021 to 2023 [3]. Group 2: Company Background - China Poly Group Corporation is a large central enterprise managed by the State-owned Assets Supervision and Administration Commission, with a diverse business portfolio including international trade, real estate development, and cultural arts [6]. - The group operates ten main subsidiaries and has five publicly listed companies both domestically and internationally [6].