FF301 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 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 寶新置地集團有限公司 (於開曼群島註冊成立之有限公司） 呈交日期: 2025年11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) | 00299 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.05 HKD | | 400,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.05 HKD | | 400,000,000 | 本 ...

FF301 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 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 寶新置地集團有限公司 (於開曼群島註冊成立之有限公司） 呈交日期: 2025年10月2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) | 00299 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.05 HKD | | 400,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.05 HKD | | 400,000,000 | 本月 ...

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。 復牌進度之季度更新；及 繼續暫停買賣 本公告乃由寶新置地集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯合 交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第13.09條及香港法例第571章證券及 期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）作出。 茲提述(i)本公司日期為二零二五年三月三十一日有關刊發本公司截至二零二四年十二月三十 一日止年度之末期業績之公告；(ii)本公司日期為二零二五年四月一日有關本公司股份暫停於 聯交所買賣之公告；(iii)本公司日期為二零二五年四月三十日有關本公司截至二零二四年十二 月三十一日止年度之年報（「二零二四年年報」）之公告；(iv)本公司日期為二零二五年六月三十 日有關復牌進度之季度更新之公告；(v)本公司日期為二零二五年七月二日有關復牌指引之公 告；及(vi)本公司日期為二零二五年七月七日有關復牌進度之季度更新之補充公告（統稱「 ...

Dear Registered Shareholders, Glory Sun Land Group Limited (the "Company") Notification of publication of 2025 Interim Report (the "Current Corporate Communication") We hereby notify you that the Company's Current Corporate Communication, in both English and Chinese, is now available on the Company's website at www.hk0299.com and the website of the Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk (the "Website Version"). The Company strongly recommends you to access the Website ...

Dear Non-registered Shareholder(s) (Note 1) , Glory Sun Land Group Limited (the "Company") Notification of publication of 2025 Interim Report (the "Current Corporate Communication") We hereby notify you that the Company's Current Corporate Communication, in both English and Chinese, is now available on the Company's website at www.hk0299.com and the website of the Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk (the "Website Version"). The Company strongly recommends you to acc ...

Economic Overview - In the first half of 2025, China's GDP grew by 5.4% year-on-year, indicating resilience in economic recovery[12]. - Market conditions and investor sentiment in the PRC real estate industry showed no significant improvement in the first half of 2025[19]. - The real estate market in China remains at a low level, with high inventory levels and a focus on destocking[12]. Financial Performance - The Group's revenue for the first half of 2025 was approximately HK$57,377,000, representing a significant drop of approximately 87.4% compared to HK$455,016,000 in the same period last year[30]. - The gross loss for the Group was approximately HK$7,169,000, a decrease of approximately 93.8% from a gross loss of approximately HK$114,777,000 in the previous year, with a gross loss margin of approximately 12.5%[31]. - The Group recorded a net loss of approximately HK$241,770,000 for the period, compared to a net loss of approximately HK$1,569,918,000 for the six months ended June 30, 2024[40][44]. Cost Management - Selling and distribution expenses decreased by approximately 47.9% to approximately HK$2,233,000 compared to HK$4,288,000 in the same period last year[32]. - Administrative expenses decreased by approximately 87.7% to approximately HK$3,420,000 from approximately HK$27,750,000 in the previous year[32]. - The Group has undertaken various cost control measures to minimize cash outflow of non-essential items[137]. Debt and Liquidity Management - Addressing debt issues is a top priority for the Group, with active communication with banks and creditors to expedite debt repayment or refinancing[14]. - The Group is focusing on liquidity management, optimizing fund allocations, and strengthening capital monitoring to alleviate repayment pressure[21]. - The Group expanded its financing channels to maintain a healthy financial position amid tight financing conditions[18]. Project Management - Timely delivery of existing land development projects is crucial, with measures implemented to strengthen project management and execution capabilities[17]. - The Group continues to invest in the strategy of "guaranteeing funds, delivery, and operation" to ensure stable business growth[18]. - The residential properties of Phase IV of the Shantou Chaoyang Project were completed in March 2025, with sales permits issued for Blocks 9 to 11 in May 2025[24]. Investment Properties - A fair value loss of investment properties amounting to approximately HK$56,413,000 was recognized as of June 30, 2025, compared to approximately HK$196,779,000 in the same period last year[33]. - The fair value loss on investment properties for the period was approximately HK$56,413,000, compared to approximately HK$196,779,000 for the six months ended June 30, 2024[36][40]. - The Group's investment properties are valued using a direct comparison approach, with a fair value increase of approximately HK$697,396,000 projected as of June 30, 2025, based on a price range of HK$8,677 to HK$27,045 per square meter[158]. Share Capital and Dividends - The Company does not recommend any interim dividend for the six months ended June 30, 2025, consistent with the previous year[100]. - As of June 30, 2025, the total issued share capital of the Company was 109,202,495 Shares[99]. - Mr. John Edward Hunt holds 29,737,837 Shares, representing 27.23% of the total issued shares[93]. Corporate Governance - The Company has maintained compliance with the Corporate Governance Code throughout the period, with no deviations reported for the six months ended June 30, 2025[69][74]. - The Board has overall responsibility for maintaining an effective internal control system, with management tasked to implement and review these controls annually[70][75]. - The Company emphasizes high standards of corporate governance and is committed to ongoing reviews and enhancements[68][73]. Employment and Human Resources - The Group had 53 full-time employees as of June 30, 2025, an increase from 46 employees as of December 31, 2024[60]. - The Group's remuneration policies are reviewed annually based on market practices and individual performance, with no significant funds set aside for retirement benefits[64]. Legal and Contingent Liabilities - The Group's management is actively negotiating a disposal plan with the Jieyang Creditor, who is unlikely to take further action in the short term[57]. - As of June 30, 2025, the Group had no material contingent liabilities[62]. - The Directors believe that adequate provisions have been made for overdue borrowings and outstanding construction payables as of June 30, 2025[59].

FF301 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 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 寶新置地集團有限公司 (於開曼群島註冊成立之有限公司） 呈交日期: 2025年9月2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) | 00299 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.05 HKD | | 400,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.05 HKD | | 400,000,000 | 本月底 ...

Core Viewpoint - Baoxin Land (00299.HK) reported a significant decline in revenue due to the prolonged downturn in the Chinese real estate market, with a net loss recorded for the period [1] Financial Performance - The group's revenue for the six months ending June 30, 2025, was approximately HKD 57,377,000, representing a substantial decrease of about 87.4% compared to the same period last year [1] - The net loss for the current period was approximately HKD 241,770,000, a notable improvement from the net loss of approximately HKD 1,569,918,000 recorded in the same period last year [1]

Core Viewpoint - Baoxin Land (00299) reported a significant decline in revenue and a narrowed loss for the first half of 2025, primarily due to the prolonged downturn in the Chinese real estate market [1] Financial Performance - Revenue for the period was HKD 57.377 million, representing a year-on-year decrease of 87.39% [1] - The loss attributable to shareholders was approximately HKD 166.7 million, which is a year-on-year reduction of 86.22% [1] - Loss per share was HKD 0.15328 [1] Reasons for Performance - The substantial decrease in revenue was mainly attributed to the long-term slump in the Chinese real estate market [1] - The net loss was significantly impacted by inventory write-downs, leading to a gross loss of approximately HKD 7.169 million, which is a decrease of about HKD 107.6 million compared to the same period last year [1] - The group also faced a fair value loss of approximately HKD 56.413 million on investment properties during the period [1] - Additionally, there was a recognized impairment loss of approximately HKD 65.392 million related to prepayments for a land redevelopment project [1]

Financial Performance - For the six months ended June 30, 2025, the company reported a revenue of HKD 57,377,000, a decrease of 87.4% compared to HKD 455,016,000 for the same period in 2024[4] - The gross loss for the period was HKD 7,169,000, compared to a gross loss of HKD 114,777,000 in the previous year, indicating an improvement[4] - The operating loss for the six months was HKD 103,784,000, significantly reduced from HKD 1,486,516,000 in the same period last year[4] - The net loss for the period was HKD 241,770,000, compared to a net loss of HKD 1,569,918,000 in the previous year, showing a substantial decrease in losses[4] - The company reported a total comprehensive loss of HKD 240,173,000 for the period, compared to HKD 1,573,250,000 in the previous year[5] - The basic and diluted loss per share for the period was HKD 153.28, a significant improvement from HKD 1,112.29 in the same period last year[5] Assets and Liabilities - The company's total assets less current liabilities showed a negative value of HKD 35,149,000 as of June 30, 2025, compared to a positive value of HKD 221,310,000 at the end of 2024[6] - The company's current liabilities exceeded current assets, resulting in a net current liability of HKD 744,418,000 as of June 30, 2025[6] - The company’s non-current assets decreased from HKD 752,236,000 at the end of 2024 to HKD 709,269,000 as of June 30, 2025[6] - The company’s total liabilities amounted to HKD 7,306,536,000 as of June 30, 2025, compared to HKD 7,025,531,000 at the end of 2024[6] - The group reported a total of 2,750,607,000 HKD in total liabilities as of June 30, 2025, compared to 2,629,010,000 HKD at the end of 2024[32] Cash Flow and Liquidity - Cash and cash equivalents were only approximately HKD 13,870,000, raising significant doubts about the group's ability to continue as a going concern[12] - The group has developed cash flow forecasts covering the next twelve months and plans to mitigate liquidity pressures and improve financial conditions[12] - The group is actively negotiating with lenders regarding potential settlement arrangements or deferral of repayment dates[14] - The group plans to accelerate the pre-sale of major property development projects during the cash flow forecast period[14] - The group has taken measures to manage the current operating environment, including cost control to minimize cash outflows[14] Revenue and Segment Performance - Revenue for the property development and investment segment was HKD 57,377,000, with a segment loss of HKD 72,575,000 for the six months ended June 30, 2025[22] - The group experienced a significant loss in the previous year, with total revenue of HKD 455,016,000 and a loss before tax of HKD 1,601,762,000 for the six months ended June 30, 2024[23] Investment Properties - The group has not sold any investment properties during the reporting period, while it recorded a loss of 56,413,000 HKD in fair value for investment properties[27] - The group incurred expenses of approximately 8,077,000 HKD for investment properties, with a fair value loss of about 56,413,000 HKD, compared to a fair value loss of 196,779,000 HKD in the previous year[27] Economic Context - In the first half of 2025, the GDP of China grew by 5.4% year-on-year, indicating resilience and vitality in economic recovery[35] - The overall property development performance in the first half of 2025 was significantly below the same period last year, with ongoing downward pressure and a strong market wait-and-see sentiment[38] Corporate Governance - The board has confirmed compliance with the standards of the code of conduct for securities trading throughout the period[57] - The audit committee has reviewed and approved the unaudited condensed consolidated financial statements for the six months ended June 30, 2025[63] - The group has established an audit committee to oversee financial reporting processes and risk management systems[62] - The board is committed to maintaining high standards of corporate governance and has adhered to applicable codes throughout the period[58] Employee and Operational Changes - The group has 53 full-time employees as of June 30, 2025, an increase from 46 employees as of December 31, 2024[52] - The company is focusing on "ensuring project delivery" as a core operational strategy, with significant efforts to enhance project management and execution capabilities[39] - The company has completed the construction of several residential and commercial projects, with plans for openings in September 2025[39] Future Outlook - The company aims to maintain a cautious yet proactive approach in 2025, assessing various factors affecting the future and preparing for challenges[41] - The company is actively communicating with lenders and creditors to achieve a sustainable capital structure and effectively address liquidity issues[40] - The real estate market is expected to see a narrowing decline in sales area in 2025, supported by government policies aimed at stabilizing the market and promoting demand[40]