Core Viewpoint - Yuexiu Property (00123) announced a financing agreement involving a revolving loan of HKD 500 million with a bank, set to mature on December 31, 2025 [1] Group 1: Financing Details - The financing agreement is established between Hongjing Limited (as the borrower) and a bank (the lender) [1] - The loan amount is HKD 500 million, which is structured as a revolving loan [1] - The loan term is 364 days from the date of the financing agreement [1] Group 2: Company Structure - Hongjing Limited is a wholly-owned subsidiary of the company [1] - The company's guarantee is provided for the obligations under the financing agreement [1]

Core Viewpoint - Yuexiu Property (00123) announced a financing agreement involving a revolving loan of HKD 500 million with a bank, set to mature on December 31, 2025, with the company providing a guarantee for its wholly-owned subsidiary, Hongjing [1] Group 1 - The financing agreement is for a revolving loan of HKD 500 million [1] - The loan term is 364 days from the date of the financing agreement [1] - Hongjing is a wholly-owned subsidiary of the company, and the company guarantees the obligations under the financing agreement [1]

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之任何損失承擔任 何責任。 （在香港註冊成立的有限公司） 承董事會命 越秀地產股份有限公司 余達峯 公司秘書 香港，二○二五年十二月三十一日 （股份代號：00123） 公 告 本公告乃根據上市規則第13.18條之規定而作出。 本公告乃由越秀地產股份有限公司（「本公司」）董事會根據香港聯合交易所有限公司證券上市 規則（「上市規則」）第13.18條之披露規定而作出。 於二○二五年十二月三十一日，泓景有限公司（「泓景」）（作為借款人）與一家銀行（「貸款 人」）訂立一份融資協議（「融資協議」），據此，貸款人在融資協議的條款及條件之規限下提供 500,000,000港元之循環貸款融資，貸款期由融資協議日期起計364天。泓景為本公司全資附 屬公司，其於融資協議項下責任由本公司擔保。 融資協議規定，倘本公司之控股股東越秀企業（集團）有限公司（「越秀企業」）於本公司已發行 之具投票權股份中持有少於30%之直接或間接權益，或倘越秀企業不再是本公司單 ...

Group 1 - The company, Yuexiu Property (00123), announced a financing agreement with a bank, where the bank will provide a term loan of HKD 220 million [1] - The loan term is set for 364 days from the date of the first drawdown [1]

Group 1 - The company, Yuexiu Property (00123), announced a financing agreement with a bank to secure a term loan of HKD 220 million [1] - The loan term is set for 364 days starting from the date of the first drawdown [1]

（在香港註冊成立的有限公司） （股份代號：00123） 公 告 本公告乃根據上市規則第13.18條之規定而作出。 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之任何損失承擔任 何責任。 於二○二五年十二月三十日，本公司（作為借款人）與一家銀行（「貸款人」）訂立一份融資協議 （「融資協議」），據此，貸款人在融資協議的條款及條件之規限下提供 220,000,000港元之定期 貸款融資，貸款期由首次提款日期起計364天。 融資協議規定，倘本公司之控股股東越秀企業（集團）有限公司（「越秀企業」）於本公司已發行 之具投票權股份中持有少於30%之直接或間接權益，或倘越秀企業不再是本公司單一最大實 益股東的地位，或倘越秀企業不再對本公司行使有效之管理控制權，即構成違約事件。若發生 有關違約事件，則貸款人可宣佈融資協議項下所有債項已立即到期應付。截至本公告日期，越 秀企業實益擁有本公司已發行股份合共約44%。 承董事會命 越秀地產股份有限公司 余達峯 執行董事： 林昭遠（董事長）、朱輝松、 ...

租赁物业：广州越秀实体向集团出租或将出租的越秀金融大厦若干空间及单位，包括办公室单位、直升 机停机坪、LED广告屏及停车场。 格隆汇12月29日丨越秀地产(00123.HK)宣布，于2025年12月29日，公司(作为承租人)与广州越秀(作为出 租人)订立租赁框架协议，据此，集团可能向广州越秀实体租赁租赁物业，惟受租赁框架协议条款及年 度上限规限。 ...

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，概不就因本公告全部 或任何部分內容所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：00123） （在香港註冊成立的有限公司） 持續關連交易 租賃框架協議 租賃框架協議 董事會欣然宣佈，於二〇二五年十二月二十九日，本公司（ 作為承租人 ）與廣州 越秀（ 作為出租人 ）訂立租賃框架協議，據此，本集團可能向廣州越秀實體租賃 租賃物業，惟受租賃框架協議條款及年度上限規限。 上市規則涵義 租賃框架協議 董事會欣然宣佈，於二〇二五年十二月二十九日，本公司（ 作為承租人 ）與廣州越 秀（ 作為出租人 ）訂立租賃框架協議，據此，本集團可能向廣州越秀實體租賃租賃 物業，惟受租賃框架協議條款及年度上限規限。 本集團於日常業務過程中一直租賃位於越秀金融大廈的若干租賃物業。於二〇二 五年十月完成收購事項後，有關租賃物業的租賃安排構成本公司的關連交易。據 此，遵照上市規則項下的規定訂立租賃框架協議以規管及促進租賃交易的續訂。 租賃框 ...

Core Viewpoint - The article highlights the successful early delivery of the high-end residential project Yuexiu·Zhonghuan Tianyue in Hefei, showcasing the company's commitment to quality and customer satisfaction through its operational capabilities and comprehensive community amenities [1][19]. Group 1: Project Delivery and Customer Experience - The project was delivered several months ahead of schedule to approximately 300 homeowners, providing a sense of security and satisfaction with the high-quality living environment [1][19]. - The delivery event featured a well-organized setup with floral decorations and warm lighting, enhancing the homeowners' experience as they completed the necessary procedures efficiently [2][11]. - Homeowners expressed their joy and satisfaction with the early delivery and the quality of the homes, highlighting the meticulous attention to detail during the handover process [11][19]. Group 2: Quality Assurance and Operational Strategy - The project's success in early delivery is attributed to a three-tiered system of design, strict process control, and delivery assurance, ensuring high standards throughout the project lifecycle [22][23]. - The "delivery and operation" concept allows homeowners to enjoy a high-end living experience immediately upon moving in, with amenities designed to cater to various lifestyle needs [25][30]. - The project includes a luxurious clubhouse and five themed community spaces that cater to different age groups and activities, enhancing the overall living experience for residents [28][30].

Core Insights - The national housing and urban construction work conference emphasized the need to stabilize the real estate market, focusing on city-specific policies to control supply, reduce inventory, and improve quality [1][2] - Guangzhou's real estate market is expected to stabilize and recover, with a consensus among industry experts on the importance of quality housing and urban renewal for high-quality development [1][3] Policy Direction - In 2026, Guangzhou will focus on "stabilizing the market" by controlling supply, reducing inventory, and improving housing quality [2] - The city aims to balance supply and demand, promote the construction of quality housing, and accelerate the pace of inventory reduction through the acquisition of existing properties for affordable housing [2] - The national meeting highlighted the need to address inventory issues, with the average inventory cycle in 100 cities reaching a historical high of 27.4 months in November [2] Urban Renewal and Quality Development - The policy shift from merely stabilizing the market to enhancing quality development emphasizes urban renewal as a key driver of economic growth [5] - Guangzhou has launched an investment plan exceeding 800 billion yuan for urban renewal, integrating stock updates with functional repairs and industry cultivation [5][6] Industry Consensus - A clear consensus is forming among industry representatives that stabilizing expectations is crucial, with product quality, urban renewal, and long-term operational capabilities being key variables for the industry's future [7][9] - Companies believe that Guangzhou's innovative policies in areas like purchase restrictions, financial support, and urban renewal provide a conducive environment for market recovery [7] - The market is entering a phase of "refined development," where competition will focus on product quality and comprehensive operational capabilities rather than mere scale expansion [9]