Financial Performance - Revenue for the year ended December 31, 2025, was RMB 8,504,518 thousand, a decrease of 36% compared to RMB 13,195,837 thousand in 2024[3] - Gross profit for the same period was RMB 1,559,633 thousand, also down by 36% from RMB 2,427,240 thousand in 2024[3] - The company reported a loss attributable to shareholders of RMB 3,411,176 thousand, a 25% improvement from a loss of RMB 4,570,753 thousand in 2024[3] - Basic loss per share was RMB (0.2053), a decrease of 25% compared to RMB (0.2751) in the previous year[3] - The adjusted loss before tax for the year was RMB 3,387,917,000, reflecting significant operational challenges[16] - The company reported a pre-tax loss of RMB 3,509,002 for the year, compared to a loss of RMB 2,169,934 in the previous year, indicating a worsening performance[17] - The company recorded a total loss attributable to shareholders of RMB 3,411,200,000 for the year ended December 31, 2025, compared to a loss of RMB 4,570,800,000 for the previous year, reflecting a reduction in losses of RMB 1,159,600,000[45] Assets and Liabilities - Total assets as of December 31, 2025, were RMB 62,687,180 thousand, down 18% from RMB 75,991,941 thousand in 2024[3] - The total liabilities decreased to RMB 44,978,391 thousand from RMB 54,929,281 thousand, reflecting a reduction in financial obligations[9] - The company’s net assets were RMB 17,708,789 thousand, down 16% from RMB 21,062,660 thousand in 2024[9] - The total bank loans amounted to RMB 10,980,000,000 as of December 31, 2025, with interest rates ranging from 2.65% to 5.20%[50] - As of December 31, 2025, the total outstanding loans amounted to RMB 21,519,194,000, a decrease from RMB 21,657,499,000 in 2024[53] Cash Flow and Investments - Cash and cash equivalents, including restricted funds, decreased by 43% to RMB 2,247,508 thousand from RMB 3,913,093 thousand in 2024[3] - Capital expenditures for the year were RMB 606,951,000, indicating ongoing investment in property and equipment[16] - The company recorded a fair value loss of RMB 575,700,000 on investment properties for the year ended December 31, 2025, compared to a fair value gain of RMB 66,900,000 in the previous year[42] - The company recorded rental and related service income of approximately RMB 2.3 billion from investment properties, reflecting a year-on-year growth of 3%[60] Revenue Segmentation - The total revenue for the year ending December 31, 2025, was RMB 8,504,518,000, with property development contributing RMB 7,261,237,000 and property investment and management contributing RMB 1,243,281,000[16] - The property development segment's revenue decreased to RMB 7,261,200,000, accounting for 85% of total revenue, down from RMB 11,898,400,000, which accounted for 90% of total revenue in the previous year[46] - The property investment and management segment's revenue decreased to RMB 1,243,300,000, representing a decline of 4% from RMB 1,297,500,000, with a significant loss of RMB 379,400,000 compared to a profit of RMB 935,300,000 in the previous year[47] Market Focus and Strategy - The company plans to focus on market expansion and new product development to improve future performance[4] - The company plans to focus on expanding its property management services and exploring new investment opportunities in the upcoming fiscal year[19] - The company aims to achieve a high-speed economic growth of 4.5-5% in China for 2026, anticipating a slight recovery in the real estate market[63] Operational Metrics - The occupancy rate of stabilized economic apartment projects reached 94% as of December 31, 2025, with around 12,000 rental units in operation[62] - The total area of operational commercial projects reached approximately 1.16 million square meters, generating rental income of about RMB 1.36 billion, a year-on-year increase of 14%[61] Corporate Governance - The board of directors did not recommend the payment of a final dividend for the year ending December 31, 2025[72] - The audit committee reviewed the accounting policies and practices adopted by the group, including the financial results for the year ending December 31, 2025[70] - The company has not engaged in any arrangements for its directors or senior executives to acquire shares or debt securities of the company during the review year[68] Awards and Recognition - The company received several awards, including being recognized as one of the "Top 10 Excellent Brands in China's Housing Rental Enterprises"[62]

Gemdale Properties and Investment Corporation Limited 金地商置集團有限公司* （於百慕達註冊成立之有限公司） （股份代號：535） 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，並明確表示概不就因本公佈全部或任何部分內容而產生或因 依賴該等 內容而引致的任何損失承擔任何責任。 金地商置集團有限公司 執行董事 徐家俊 香港，2026年3月18日 於本公佈日期，董事會成員包括四名執行董事黃俊燦先生、徐家俊先生、李榮輝先生及韋傳軍先生； 兩名非執行董事 Loh Lian Huat 先生及張斐贇女士，以及三名獨立非執行董事許照中先生、 蔣尚 義先生及夏新平先生。 * 僅供識別 董事會會議通告 金地商置集團有限公司（「本公司」）董事會（「董事會」）謹此宣佈將於2026 年3月30日（星期一）舉行董事會會議，以（其中包括）考慮及通過本公司及其 附屬公司截至2025年12月31日止年度之全年業績及建議之末期股息（如有）。 承董事會命 ...

Performance Summary - Fuyao Glass (03606.HK) reported a revenue of approximately 45.787 billion yuan for 2025, representing a year-on-year increase of 16.65%, with a net profit of about 9.312 billion yuan, up 24.2% [1] - Hengan International (01044.HK) achieved a revenue of 23.069 billion yuan in 2025, a 1.8% increase year-on-year, and a net profit of 2.535 billion yuan, up 10.3%. E-commerce and new retail sales revenue grew by 10.1%, with an annual gross margin improvement to approximately 33.8% [1] - Sunac China (01918.HK) expects a loss between 12 billion to 13 billion yuan for 2025, a reduction compared to the previous year, primarily due to gains from overseas debt restructuring [1] - Tencent Music (01698.HK) reported total revenue of 32.9 billion yuan for 2025, a 15.8% year-on-year increase, with a net profit of 11.06 billion yuan, up 66.4% [2] - China Eastern Education (00667.HK) achieved a revenue of 4.616 billion yuan in 2025, a 12.1% increase, with adjusted net profit of 792 million yuan, up 50.9% [4] - Hong Kong Electric (02638.HK) reported a revenue of 12.125 billion yuan for 2025, a 0.6% increase, and a net profit of 3.149 billion yuan, up 1.2% [5] - Longjiang Life Science (00775.HK) reported a revenue of 5.41 billion HKD, a 2% decrease, with a net loss of 187 million HKD, an increase of 47.61% year-on-year [3] Company News - Weisheng Holdings (03393.HK) won a supply contract for reclosers from CEMIG, Brazil's largest power company, valued at 138 million Brazilian Reais (approximately 182 million yuan or 206 million HKD), to be delivered in batches over the next two years [9] - Hong Kong International Holdings (00480.HK) partnered with Jiaxing Xiutuo Construction Investment Group to acquire a commercial land plot in Jiaxing for approximately 216.4 million yuan, planning to develop a shopping center [9] Financing and Buyback Activities - Xindong Company (02400.HK) repurchased 108,000 shares at a cost of approximately 7.911 million HKD, with prices ranging from 72.00 to 75.05 HKD [16] - Yum China (09987.HK) repurchased 18,500 shares for about 7.714 million HKD, with prices between 414.8 and 420.6 HKD [16] - CNOOC Oilfield Services (02883.HK) completed the issuance of 5 billion yuan in bonds through its wholly-owned overseas subsidiary [17]

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，並明確表示概不就因本公佈全部或任何部分內容而產生或因依賴該等內容而引 致的任何損失承擔任何責任。 Gemdale Properties and Investment Corporation Limited 金地商置集團有限公司 * （於百慕達註冊成立之有限公司） （股份代號：535） 有關出售一間附屬公司股權 之 須予披露交易 出售事項 董事會宣佈，於 2026 年 3 月 17 日（交易時段後），賣方（本公司之間接全資附屬 公司）與買方就出售事項簽訂協議，據此，賣方同意出售而買方同意購買目標公司 100%股權。 於出售完成後，目標公司將不再為本公司之附屬公司。因此，目標公司的財務業績 將不再併入本集團的財務報表。 上市規則之涵義 由於出售事項的最高適用百分比率超過 5%但低於 25%，故出售事項構成上市規則第 14 章項下本公司的須予披露交易，須遵守上市規則第 14 章項下的申報及公告規定， 惟可豁免遵守通函（包括獨立財務意見）及股東批准規定。 緒言 董事會宣佈，於 2026 年 3 月 17 日（ ...

（股份代號：535） 二零二六年二月的未經審核營運資料 董事會欣然宣佈，本集團於二零二六年二月的合約銷售總額約人民幣3.06億元，而期內合約 銷售總面積約23,100平方米。期內的銷售均價為每平方米約人民幣13,200元。自二零二六年 一月至二月期間的累計合約銷售總額約人民幣5.45億元，而累計銷售總面積約45,100平方米。 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，並明確表示概不就因本公佈全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔 任何責任。 Gemdale Properties and Investment Corporation Limited 金地商置集團有限公司* （於百慕達註冊成立之有限公司） 承董事會命 金地商置集團有限公司 執行董事 徐家俊 香港，二零二六年三月五日 於本公佈日期，董事會成員包括四名執行董事黃俊燦先生、徐家俊先生、李榮輝先生及韋傳 軍先生；兩名非執行董事 Loh Lian Huat 先生及張斐贇女士，以及三名獨立非執行董事許照 中先生、蔣尚義先生及夏新平先生。 * 僅供識別 上述銷售數據未經 ...

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: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 金地商置集團有限公司 呈交日期: 2026年3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) | 00535 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 40,000,000,000 | HKD | | 0.1 | HKD | | 4,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 40,000,000,000 | HKD | | 0.1 | HKD | | 4,000,000,000 | 本月底法 ...

Core Viewpoint - The Hong Kong Stock Exchange announced the addition of 51 new designated securities and the deletion of 31 existing designated securities effective from February 13, 2026, which may impact trading strategies and market dynamics for investors. Group 1: New Designated Securities - A total of 51 new designated securities will be added, including notable companies such as International Business Settlement (00147), Allied Group (00373), and Ingdan (00400) [1][2][3]. - The complete list of new designated securities includes various sectors, indicating a diversification in the types of companies being recognized for short selling [1]. Group 2: Deleted Designated Securities - 31 existing designated securities will be removed from the list, including companies like Far East Consortium International (00035), Sipai Health (00314), and Gemdale Property (00535) [3][4]. - The removal of these securities may reflect changes in market conditions or company performance, which could influence investor sentiment and trading behavior [3].

Group 1 - Hong Kong Stock Exchange announced the addition of 51 new designated securities for short selling and the deletion of 31 existing designated securities, effective from February 13, 2026 [1] - Newly added designated securities include International Business Settlement (00147), Allied Group (00373), and Ingdan (00400) [1] - Deleted designated securities include Far East Consortium (00035), Sipai Health (00314), and Gemdale Property (00535) [1] Group 2 - The complete list of newly added designated securities includes stocks such as CWT International (0521), Asia Financial (0662), and China HK Power (0931) among others [2][3] - The complete list of deleted designated securities includes stocks such as Digital Domain (0547), CIFI Holdings (0884), and Sinohope Tech (1611) among others [4][5]

Market Overview - AMD's overnight drop of 17% triggered a significant decline in chip stocks, leading to a 1.95% drop in the Chinese concept index, which negatively impacted the Hong Kong stock market [1] - The Hang Seng Index fell by 340.88 points, or 1.27%, to 26,506.44 points, while the Hang Seng Tech Index decreased by 62.30 points, or 1.16%, to 5,304.14 points [1] - Major tech stocks like Tencent and Alibaba saw declines of nearly 3% and 2.5%, respectively, with Tencent's market value dropping below 500 billion [1] Company Performance - Xinda Biopharmaceuticals (01801.HK) projected total product revenue of approximately RMB 11.9 billion for 2025, reflecting a year-on-year growth of about 45% [2] - Lee & Man Paper Manufacturing (02314.HK) expects profits for 2025 to be between HKD 1.88 billion and HKD 2.00 billion, indicating a year-on-year increase of 38% to 47% [2] - ZTO Express (02057.HK) anticipates total revenue of RMB 48.5 billion to RMB 50 billion for 2025, representing a year-on-year growth of approximately 9.5% to 12.9% [2] - China Resources Cement (01313.HK) forecasts a year-on-year profit increase of about 115% to 135% for 2025, driven by reduced costs and impairment losses [2] Corporate Actions - Goldin Properties (00535.HK) reported a January contract sales total of approximately RMB 239 million, a year-on-year decrease of 61.82% [3] - Fosun International (00656.HK) plans to subscribe for additional registered capital of RMB 105 million in Shangmeng Technology, acquiring a 51.0879% stake post-increase [3] - Shanghai Pharmaceuticals (02607.HK) intends to publicly transfer its 30% stake in Bristol-Myers Squibb, with a minimum listing price of approximately RMB 1.023 billion [3] - China Coalbed Methane (08270.HK) completed the sale of 100% equity in Shanxi Qingshui Shuntai Energy Development [4] Investment Trends - The active repurchase of shares continues, with Kingsoft (03888.HK) repurchasing 1.0886 million shares for approximately HKD 29.99 million [9] - Xiaomi Group (01810.HK) repurchased 4.3 million shares for a total of HKD 146 million [10] - Kingdee International (00268.HK) repurchased 1 million shares for approximately HKD 11.1 million [11] Market Outlook - Guoyuan International's report suggests that the Hong Kong stock market may experience short-term volatility due to external factors, but maintains a positive long-term outlook [12] - CITIC Securities highlights the potential for new investment opportunities in emerging markets, despite risks from rising oil prices and long-term bond yields [12] - Galaxy Securities recommends focusing on technology, energy, precious metals, and consumer sectors for potential rebounds [13]

Group 1 - The core point of the article is that the company, Jin Di Shang Zhi, reported a significant decline in contract sales for January 2026, with a total amount of approximately RMB 239 million, representing a year-on-year decrease of 61.82% [1] - The total area of contract sales during the period was approximately 22,000 square meters [1] - The average selling price during this period was about RMB 10,900 per square meter [1]