Shui On Land Limited 瑞安房地產有限公司* 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佈的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 ( 於開曼群島註冊成立之有限責任公司 ) (股份代號: 272) 董事會召開日期 瑞安房地產有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公 司將於二零二五年八月二十八日（星期四）在香港灣仔港灣道 6-8 號瑞安中 心 34 樓舉行董事會會議，董事會將於會上考慮，其中包括批准刊發本公司 及其附屬公司截至二零二五年六月三十日止六個月期間的中期業績公佈及 宣佈派發中期股息（如有）。 承董事會命 瑞安房地產有限公司 公司秘書 黃金綸 香港，二零二五年八月十五日 於本公佈日期，本公司之執行董事為羅康瑞先生（主席）、羅寶瑜女士（副主席）、王穎 女士（行政總裁）及孫希灝先生（財務總裁及投資總裁）；以及本公司之獨立非執行董事 為黎定基先生、沈達理先生、吳雅婷女士、吳港平先生、蘇錦樑先生、黎韋詩女士及郭敬 文先生。 * 僅供識別 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 瑞安房地產有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00272 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 12,000,000,000 | USD | | 0.0025 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 12,000,000,000 | USD | | 0.0025 | USD | | 30,000,000 | 本月底法定/註冊股本總額： USD 30,000 ...

Shui On Land Limited 瑞安房地產有限公司* (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock Code 股份代號: 272) 31 July 2025 Dear Non-registered holders (Note 1) , Shui On Land Limited (the "Company") – Notice of Publication of Circular dated 31 July 2025 (the "Circular") and Arrangement of Electronic Dissemination of Corporate Communication (Note 2) We are pleased to inform you that the English and Chinese versions of the Company's Circular are now available on the Company's website at ...

Shui On Land Limited 瑞安房地產有限公司* (Incorporated in the Cayman Islands with limited liability) (Stock Code: 272) 31 July 2025 Dear Shareholder(s), Shui On Land Limited (the "Company") – Notice of Publication of Circular dated 31 July 2025 (the "Circular") and Arrangement of Electronic Dissemination of Corporate Communication(Note 1) We are pleased to inform you that the English and Chinese versions of the Company's Circular are now available on the Company's website at www.shuionland.com by clicking "More Info ...

此乃要件 請即處理 閣下如對本通函任何內容或將採取的行動有任何疑問，應諮詢 閣下的持牌證券交易商或 註冊證券機構、銀行經理、律師、專業會計師或其他專業顧問以獲取獨立意見。 閣下如已售出或轉讓所有名下的瑞安房地產有限公司股份，應立即將本通函送交買主或承 讓人或經手買賣或轉讓的銀行經理、持牌證券交易商或註冊證券機構或其他代理商，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通函的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示概不會就本通函全部或任何部份內容而產生 的或因依賴該等內容而引致的任何損失承擔任何責任。 Shui On Land Limited 瑞安房地產有限公司 * （於開曼群島註冊成立之有限責任公司） （股份代號：272） 有關增加對基金的出資 及 項目公司股權轉讓之 主要交易 本通函所用全部詞彙與本通函「釋義」一節所載者具相同涵義。 董事會函件載於本通函第7至24頁。 本公司已根據上市規則第14.44條就合作協議及其項下擬進行的該等交易向一組有密切聯繫 的股東取得股東書面批准，該等股東合共持有就批准合作協議及其項下擬進行的該等交易 舉行股東大會的50% ...

Key Points - The article highlights significant stock movements in the Hong Kong and US markets, with various companies experiencing notable gains and losses due to recent developments and announcements [1][2][3][4][5] Hong Kong Market Highlights - China Rare Earth Holdings (03788) surged nearly 20%, with a year-to-date increase of 320%, as the company proposed a spin-off of its gold segment for independent listing on the Hong Kong Stock Exchange [1] - Innovent Biologics (09969) rose nearly 4% after announcing the clinical approval of its new ADC innovative drug ICP-B794 [1] - North Sea Kangcheng - B (01228) increased over 50%, with its stock price doubling in three days, marking it as a rare disease stock in the Hong Kong market [1] - Hong Kong Travel (00308) saw a rise of over 24%, achieving a year-to-date stock price doubling, driven by market speculation on stablecoin cross-border payment scenarios [1] - CSPC Pharmaceutical Group (01093) gained nearly 3% after receiving drug registration approval for Mesalazine enteric-coated tablets, enhancing its product line in the immune system treatment sector [1] - Ruian Real Estate (00272) rose over 4%, with a cumulative contract property sales amount for the first six months increasing by 457% year-on-year [1] - Cornerstone Pharmaceuticals - B (02616) increased over 3%, planning to raise HKD 467 million for clinical research on CS2009 [1] - Q Technology (01478) rose over 7%, with mobile camera module sales of 32.648 million units in June, a year-on-year increase of 1.5% [1] - Dekang Agriculture and Animal Husbandry (02419) increased by 6%, with a new cycle logic continuing to strengthen, and Tianfeng Securities set a target price of HKD 154 [1] - Contemporary Amperex Technology (03750) rose over 3%, reaching a new high since its listing, following a deepened strategic cooperation agreement with Geely Automobile [2] - Gaming stocks continued to rise, with Wynn Macau (01128) up 6.49%, New World Development (00200) up 6.15%, and others showing similar gains [2] - Gold stocks faced declines, with Golden Resources (GORO.US) dropping nearly 10% and others following suit [4] US Market Highlights - Stablecoin concept stocks continued to rise, with Tiger Brokers (TIGR.US) increasing over 8% [4] - Trump Media & Technology Group (DJT.US) rose over 2% as the company seeks SEC approval for a blue-chip cryptocurrency ETF [4] - Wolfspeed (WOLF.US) continued to rise, with stock prices increasing over 9% [4] - Intel (INTC.US) rose over 7% after announcing company-wide layoffs [4] - JD.com (JD.US) increased over 2% as it launched its "Double Hundred Plan" for its delivery service [4]

Core Viewpoint - Ruian Real Estate is actively engaging in asset repositioning strategies, focusing on high-end residential development and light asset models to enhance operational efficiency and expand its business scale in key urban markets like Shanghai [2][6]. Group 1: Recent Transactions - Ruian Real Estate, in partnership with Tianan China Investment, acquired a 50% stake in a Shanghai property valued at nearly 20 billion yuan [2][3]. - The company announced the introduction of insurance capital into its Foshan project, aligning with its light asset strategy to improve capital circulation and efficiency [2][7]. - The acquisition of the Shanghai property involved a competitive bidding process, with the successful bid amounting to 2.894 billion yuan [3]. Group 2: Strategic Focus - The company aims to leverage its experience in high-end residential development to expand its product offerings in the Shanghai New World community, thereby increasing revenue sources [2][5]. - Ruian Real Estate plans to continue focusing on first-tier cities, particularly Shanghai, while adopting a light asset model to navigate market adjustments [2][6]. - The company has a history of collaboration with Shanghai Yongye Group, indicating a strategic partnership approach to major projects [5][6]. Group 3: Financial Performance and Asset Management - As of 2024, Ruian Real Estate's residential saleable assets in Shanghai are valued at only 5.9 billion yuan, highlighting a need for replenishment in its asset portfolio [6]. - The company has engaged in a transaction involving the transfer of 100% equity in its Foshan projects for approximately 3.49 billion yuan, with the net proceeds aimed at general operational funding [7][8]. - The operational performance of the projects remains strong, with an overall occupancy rate maintained above 90% and rental income showing growth [9].

Core Viewpoint - The acquisition of a 50% stake in Shanghai Yongye Urban Renewal Development Co., Ltd. by Ruian Real Estate and Tianan is expected to extend the development of the luxury residential series "Cuihu Tiandi" in Shanghai, with significant potential for future revenue generation [1][8][11]. Group 1: Acquisition Details - Ruian Real Estate and Tianan successfully acquired the 50% stake for 28.94 billion yuan, which grants them development rights to three residential and commercial land parcels in the New Tian District [1][8]. - The total residential area of the three parcels is approximately 156,000 square meters, with an estimated residential value exceeding 30 billion yuan based on the average price of 210,000 yuan per square meter for Cuihu Tiandi [1][12]. Group 2: Market Context - The three parcels are located within the "Daxin Tiandi Community," which aims to enhance the functionality and ecological layout of the New Tian District, attracting global talent to Shanghai [2][11]. - The area surrounding the parcels has a residential atmosphere, with proximity to key landmarks such as the Shanghai Music Hall and New World, enhancing its appeal for high-end residential development [4][12]. Group 3: Historical Background - The Shanghai Yongye Urban Renewal was established in 2020, focusing on real estate development and urban renewal projects, indicating a strategic move towards urban revitalization in the Huangpu District [7][8]. - Previous collaborations between Ruian Real Estate and Yongye Group have included significant projects like Cuihu Tiandi and the Pacific New World commercial center, showcasing a history of successful partnerships [11][13]. Group 4: Competitive Landscape - The market for high-end residential properties in Shanghai is highly competitive, with limited land availability leading to intense bidding from major state-owned enterprises [11][12]. - The requirement for at least 40% of the new developments to be smaller unit types reflects a strategic shift towards more diverse housing options in the luxury segment [12][13].

Core Viewpoint - The article highlights that major listed real estate companies are increasingly utilizing financial tools, such as public REITs and insurance capital, to revitalize their commercial assets and transition towards a "light asset operation" model [1][3]. Group 1: Company Actions - Ruian Real Estate announced a transaction involving the transfer of 100% equity in its subsidiaries, resulting in a total consideration of approximately 3.49 billion yuan, with a net cash inflow of about 683 million yuan for operational funding [1][2]. - China Overseas Development plans to list its Nanhai Yingyuehu Huanyu City project in Foshan through a public infrastructure REIT, aiming to raise 1.355 billion yuan [2][3]. Group 2: Industry Trends - The trend of utilizing REITs for asset securitization indicates a new phase in the "light asset transformation" of real estate companies, allowing them to shift from asset holders to investment participants and operators [3]. - The expansion of the REITs market has encouraged various real estate firms to actively participate in public REIT issuance, enhancing their financial flexibility and operational sustainability [3].

Group 1 - The company announced a cooperation agreement involving a total investment commitment of RMB 3.54 billion (approximately HKD 3.875 billion) for equity transfer and project asset holding [1] - The total consideration for the equity transfer is approximately RMB 3.49 billion (approximately HKD 3.82 billion), with the fund acquiring 100% equity of Foshan Ruian and Foshan Anying [1] - Following the completion of the transaction, the fund will be considered a subsidiary of the company, and its financial performance will be consolidated into the company's financial statements [1] Group 2 - The transaction aligns with the company's "light asset strategy," aimed at improving capital circulation and establishing strategic partnerships with long-term partners [2] - The transaction is expected to generate a net cash amount of approximately RMB 683 million (approximately HKD 748 million) after tax and transaction costs [2] - The company anticipates that the transaction will not have a significant impact on its profit or loss [2]