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。 – 1 – 發行人其他資料 本公告只可作參考用途，並不構成收購、購買或認購證券的邀請或要約，或就進行上述任何事宜訂立協議的邀 請，亦不得視作在香港或其他地區收購、購買或認購本公司及其附屬公司任何證券的要約。 （在香港註冊成立的有限公司） （股份代號：00123） 自 願 性 公 告： 附屬公司向中國證券監督管理委員會及 上海證券交易所申請註冊在中國面向專業投資者 公開發行公司債券並在上海證券交易所上市 本公告由越秀地產股份有限公司（「本公司」）自願作出。 茲提述本公司日期為二○二五年五月二十日的公告（「該公告」），內容有關本公司擁有95%權 益的間接中國附屬公司廣州市城市建設開發有限公司（「發行人」）向中國證券監督管理委員會 （「中國證監會」）及上海證券交易所（「上交所」）申請註冊在中國面向專業投資者公開發行本金 總額最高為人民幣9,600,000,000元的公司債券（「公司債券」）。除另有界定者外，本 ...

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。 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作出。 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○二五年七月四日 於本公告刊發日期，董事會成員包括： 執行董事： 林昭遠（董事長）、朱輝松、江國雄、賀玉平、陳靜及劉艷 （在香港註冊成立的有限公司） （股份代號：00123） 海外監管公告 非執行董事： 張貽兵及蘇俊杰 獨立非執行董事： 余立發、李家麟、劉漢銓及張建生 债券代码：240622 债券简称：24 穗建 01 债券代码：240623 债券简称：24 穗建 02 广州市城市建设开发有限公司 2024 年面向专业投资者公开发行公司债券（第一期） 2025 年付息公告 本公司全体董事或具有同等职责的人员保证本公告内容不 存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真 实性、准确性和完整性承担相应的法律责任。 重要内容提示： 广州市城市建设开发有限公司 20 ...

Group 1: Regulatory Changes - Beijing's housing authority has proposed a notification to regulate individuals renting out 10 or more housing units, requiring them to register as market entities and file with housing management departments [1] Group 2: Real Estate Transactions - China State Construction Engineering Corporation acquired a land parcel in Beijing's Yanqing District for a base price of 560 million yuan, covering an area of approximately 22,300 square meters with a planned construction area of about 36,100 square meters [2] - Yuexiu Property reported a contract sales amount of approximately 10.8 billion yuan in June, representing a year-on-year decline of about 29.4%, with a sales area of approximately 293,000 square meters, down about 39.7% year-on-year [3] - Poly Developments disclosed a contract signing amount of 29.011 billion yuan in June, with a signed area of 1.5233 million square meters, reflecting a year-on-year decrease of 30.95% [5] Group 3: Financing Activities - Vanke A announced an application for a loan of up to 6.249 billion yuan from its largest shareholder, Shenzhen Metro Group, to repay bond principal and interest, with a loan term of no more than three years [4]

Group 1 - The total sales amount of the top 100 real estate companies in the first half of 2025 was 1,836.41 billion yuan, a year-on-year decrease of 11.8%, with the decline rate expanding by 1 percentage point compared to the first five months of the year [1] - In June alone, the sales amount of the top 100 real estate companies decreased by 18.5% year-on-year, with the decline rate increasing by 1.2 percentage points compared to May [1] - The top three companies by total sales were Poly Developments, Greentown China, and China Overseas Property, with sales amounts of 145.2 billion yuan, 122.1 billion yuan, and 120.14 billion yuan respectively [1][2] Group 2 - The contribution rate of sales from first-tier cities increased significantly, with 40.0% of sales coming from these cities, a year-on-year increase of 9.0 percentage points [3] - The top three cities contributing to sales in the first half of 2025 were Shanghai, Beijing, and Guangzhou, with contribution rates of 16.9%, 10.6%, and 9.0% respectively [4] - Shanghai's sales contribution rate increased by 4.5 percentage points compared to the same period in 2024, marking the largest increase among the top 10 cities [4] Group 3 - The total land acquisition amount for the top 100 companies in the first half of 2025 was 506.55 billion yuan, a year-on-year increase of 33.3% [5] - The top three companies by new land value added were Poly Developments, Greentown China, and China Jinmao, with new land values of 89.9 billion yuan, 83.1 billion yuan, and 74.9 billion yuan respectively [5] - The average premium rate for land sales in 300 cities exceeded 10%, showing a significant increase compared to the same period last year [6] Group 4 - The main players in land acquisition were state-owned enterprises, with eight out of the top ten land acquirers being state-owned [5][7] - Core cities such as Beijing, Shanghai, and Chengdu saw intense competition for quality land, while many third and fourth-tier cities continued to see land sold at base prices [6] - The Yangtze River Delta region led the four major city clusters in land acquisition, with the top ten companies in this region acquiring land worth 147 billion yuan [6]

Company News - Xpeng Motors (09868.HK) launched the world's first L3-level AI car, the Xpeng G7, with a starting price of 195,800 yuan [1] - Automotive dealer Anlijie announced a distribution agreement with Geely Automobile (00175.HK) to introduce Geely's new energy vehicles to the Italian market [1] - Alibaba (09988.HK) announced the pricing of a zero-coupon exchangeable bond issuance amounting to 12.023 billion HKD [1] - Sunac China (01918.HK) reported a contract sales amount of 23.55 billion yuan for the first half of the year, a year-on-year decline of 10.39% [1] - Agricultural Bank of China (01288.HK) stated it will follow the latest trends in global stablecoins and cryptocurrencies, but currently has no plans to develop stablecoins [1] - China Merchants Bank (03968.HK) has been approved to establish China Merchants Financial Asset Investment Co., with a registered capital of 15 billion yuan [1] - The National Integrated Circuit Industry Investment Fund Co., Ltd. reduced its stake in SMIC (00981.HK) from 5.01% to 4.97% as of July 2, with an average share price of 43.8988 HKD [1] - Yuexiu Property (00123.HK) reported a cumulative contract sales amount of approximately 61.5 billion yuan for the first half of the year, a year-on-year increase of about 11% [1] - Longyuan Power (00916.HK) completed a total power generation of approximately 39.6525 million MWh in the first half of the year, a year-on-year decrease of 1.07% [1]

越秀地产6月合约销售额108亿元人民币，1-6月累计合约销售额615亿元人民币。 ...

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） （股份代號：00123） 公 告 截至二○二五年六月三十日未經審計銷售資料及 六月份土地收購資料 於本公告刊發日期，董事會成員包括： – 1 – 本月土地收購 二○二五年六月，本公司的附屬公司通過合作方式取得北京市一幅地塊約28.64%的實際權 益。該地塊位於北京市昌平區，規劃總可建築面積合共約 128,800平方米，規劃用途為居住用 地。代表本公司實際權益的土地價款約為人民幣6.86億元。 上述資料是未經審計及根據本公司內部資料匯總編製而成，鑒於收集和核對該等資料過程中存 在各種不確定性，該等資料與未來本公司每年或每半年刊發的經審計或未經審計的財務報表中 披露的數據可能存在差異，因此上述資料僅作為供投資者參考。投資者交易本公司證券時，務 須小心謹慎，避免不恰當地依賴該等資料。如有任何疑問，投資者應尋求專業人士或財務顧問 的專業意見。 承董事會命 越秀地產股份有限公司 余達 ...

Core Insights - The real estate market in China is witnessing a significant increase in land acquisition by top developers, particularly in first and second-tier cities, with a year-on-year increase of over 30% in land acquisition amounts for the top 100 developers [3][10]. Group 1: Land Acquisition Trends - In the first half of the year, the total land acquisition amount for the top 100 developers reached 506.55 billion yuan, marking a 33.3% increase compared to the previous year [3]. - Ten developers exceeded 10 billion yuan in land acquisition, with Poly Developments leading at 41.4 billion yuan, followed by China Overseas and Greentown China at 39.3 billion yuan and 38.5 billion yuan, respectively [4][5]. - Central state-owned enterprises remain the dominant players in land acquisition, accounting for 58% of the total land acquisition amount in 22 cities, while the share of local state-owned enterprises has decreased [6][8]. Group 2: Market Dynamics - The land market is showing a clear trend of "controlling quantity and improving quality," with a significant increase in land transfer amounts in first and second-tier cities, which grew by 47.3% and 36.5%, respectively [11][12]. - The top 20 cities accounted for approximately 66% of the total land transfer amount nationwide, a notable increase from 51% in the previous year [12]. - The average premium rate for land transactions has exceeded 10%, indicating strong competition for high-quality land [11]. Group 3: Developer Strategies - Developers are increasingly focusing on the safety and profitability of projects, with core areas in cities like Beijing, Shanghai, and Hangzhou expected to see high premium transactions due to their scarcity [17]. - The return of private developers to the land market suggests a gradual recovery of confidence in the real estate market, with many actively seeking to replenish their land reserves [8][6]. - In major cities like Hangzhou and Shanghai, land auctions have seen record-breaking prices and premium rates, reflecting the high demand for residential land [15][16].

Core Viewpoint - The article highlights the successful delivery of the TOD project "Xingman Yunzhu" by Yuexiu Property in Hangzhou, showcasing its commitment to high-quality urban development and community living [1][19]. Group 1: Project Overview - Yuexiu Property has a 42-year history in TOD development, emphasizing its core competitiveness through the "Four Good Enterprises" standard and numerous industry awards [1]. - The "Xingman Yunzhu" project is positioned as the first TOD complex in East China, integrating successful elements from Guangzhou's TOD experience [1][3]. - The project has achieved remarkable sales, with over 1,200 units sold, indicating strong market recognition and demand for quality living spaces [3]. Group 2: Community and Living Experience - The project features a comprehensive living environment with amenities such as a neighborhood center, sports activity center, and educational facilities, including a 30-class primary school managed by a local education brand [13]. - The design incorporates natural elements and modern aesthetics, enhancing the living experience with features like a 600-meter aerial jogging track and a 2.4 km walking path [7][11]. - The community's landscape design, with a low plot ratio of approximately 1.15, redefines urban living standards, creating a serene and visually appealing environment [11]. Group 3: Customer Satisfaction and Service - The delivery process emphasizes transparency and customer care, ensuring a smooth transition from signing to moving in, which fosters a sense of trust and warmth among residents [15][19]. - Positive feedback from homeowners highlights the project's quality and the effective service provided by Yuexiu Property, reinforcing the brand's reputation [17]. - The successful delivery of "Xingman Yunzhu" is seen as a significant achievement for Yuexiu Property, marking a new benchmark for urban living in Hangzhou [19].

Core Insights - The article highlights the emergence of high-quality housing in Foshan, positioning it as a "good housing city" comparable to first-tier cities, driven by new regulations and innovative product offerings [1][2][9]. Group 1: Housing Standards and Regulations - The Ministry of Housing and Urban-Rural Development has implemented the "Residential Project Standards," which define "good housing" as having characteristics of safety, comfort, green design, and intelligence [3]. - Specific hard indicators for new housing include a minimum ceiling height of 3 meters, elevators for buildings over four stories, and adequate sunlight for each unit [3][4]. Group 2: Market Trends and Innovations - Leading real estate companies are innovating their own "good housing standards," such as Poly Developments' "Three Good" ecosystem and China Merchants Shekou's seven good housing systems, contributing to a diverse market [5]. - Foshan's housing market is experiencing a shift from quantity to quality, providing buyers with unprecedented opportunities for home purchases [9]. Group 3: Product Innovations - New housing projects in Foshan are characterized by significant product innovations, enhancing spatial experience and usability [10][16]. - Examples include the Poly Tianzan landmark twin towers and unique designs like the U-shaped dual panoramic cabin in the Foshan sequence, which elevate the city's product offerings [11][13]. Group 4: Enhanced Living Experience - Developers are increasingly creating realistic demonstration areas before sales, enhancing the customer experience [22]. - Many luxury projects are adopting high-end hotel aesthetics in their demonstration areas, such as the hotel-style drop-off zones in the China Merchants Huaxi Phase II [25]. Group 5: Smart Home Integration - The integration of smart home technology is becoming standard in both ordinary and luxury housing projects, enhancing the living experience through interconnected systems [27][35]. - Projects are also incorporating advanced technology systems to bridge the gap between nature and urban living [35]. Group 6: Community and Lifestyle Enhancements - Developers are focusing on creating community-oriented living spaces, emphasizing emotional value during property handovers and fostering neighborly relationships through enhanced property services [44][49]. - The concept of housing is evolving from mere structures to living environments that cater to the emotional and social needs of residents [56].