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 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) | 00754 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.1 | HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.1 | HKD | | 600,000,000 | 本月底法定/註冊股本總額： HKD 600,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 截至月份: 2025年11月30日 狀態 ...

Core Insights - The first Xuanli Hotel in Beijing has officially opened in the Changping District, under the brand of the Hopson Development Holdings Group, focusing on "traditional culture + urban tourism" as its core concept [1][3] - The hotel aims to attract Generation Z consumers by integrating cultural experiences with business and leisure activities, creating a "shareable travel experience" through scene design, IP development, and social media interaction [1][3] Group 1 - The hotel features seven thematic scenes based on the concept of "harmony between heaven, earth, and humanity," including multifunctional spaces such as the lobby, guest rooms, restaurants, and tea rooms [1] - Guest rooms are inspired by the "urban oasis" design, equipped with large floor-to-ceiling windows for city views and a "24-hour light and shadow check-in" experience [3] - The hotel plans to continuously enhance cultural experiences by introducing craft workshops and themed events, providing a more diverse experience for consumers [3]

Core Insights - The company reported a total contract sales amount of approximately 1.901 billion yuan for October, including property and renovation contracts [1] Summary by Category Total Contract Sales - The total contract sales amount for October, including subsidiaries, joint ventures, and associates, was about 1.901 billion yuan [1] Property Contract Sales - Property contract sales accounted for approximately 1.649 billion yuan of the total sales [1] Renovation Contract Sales - Renovation contract sales were approximately 252 million yuan [1]

Core Insights - The total contract sales amount for the company and its joint ventures and associates reached approximately RMB 13.165 billion for the ten months ending October 31, 2025 [1] - Property contract sales accounted for approximately RMB 11.719 billion, while renovation contract sales were about RMB 1.446 billion [1] - In October 2025 alone, the total contract sales amounted to approximately RMB 1.901 billion, with property sales at around RMB 1.649 billion and renovation sales at approximately RMB 0.252 billion [1] Sales Performance - For the ten months ending October 31, 2025, the total property contract sales area was approximately 499,644 square meters, with an average selling price of about RMB 23,460 per square meter [1] - The total contract sales area for properties managed under the "He Sheng" brand was approximately 53,477 square meters, with a contract sales amount of about RMB 4.706 billion [1] - In October 2025, the contract sales area for "He Sheng" managed properties was approximately 3,298 square meters, with a sales amount of about RMB 261 million [1] Comparison with Previous Period - The total contract sales amount for the first ten months of 2025 was approximately RMB 13.165 billion, compared to approximately RMB 11.264 billion for the first nine months of the same year [2]

Core Insights - The total contract sales amount for the company and its joint ventures and associates for the ten months ending October 31, 2025, was approximately RMB 13.165 billion, representing a year-on-year decrease of 9.46% [1] - In October 2025 alone, the total contract sales amount was approximately RMB 1.901 billion, showing a year-on-year increase of 15.28% [1] Sales Breakdown - Property contract sales amounted to approximately RMB 11.719 billion for the ten months, while renovation contract sales were about RMB 1.446 billion [1] - For October 2025, property contract sales were approximately RMB 1.649 billion, and renovation contract sales were around RMB 0.252 billion [1] Sales Area and Pricing - The total property contract sales area for the ten months was approximately 499,644 square meters, with an average selling price of about RMB 23,460 per square meter [1] - The total contract sales area for non-self-invested properties managed under the "He Sheng" brand was approximately 53,477 square meters, with a contract sales amount of about RMB 4.706 billion [1] - In October 2025, the contract sales area for properties managed by He Sheng was approximately 3,298 square meters, with a contract sales amount of about RMB 0.261 billion [1]

Core Viewpoint - The total contract sales amount of the company and its joint ventures and associates for the ten months ending October 31, 2025, is approximately RMB 13.165 billion, representing a year-on-year decrease of 9.46% [1] Group 1: Sales Performance - For the ten months ending October 31, 2025, the property contract sales amount is approximately RMB 11.719 billion, while the renovation contract sales amount is approximately RMB 1.446 billion [1] - In October 2025 alone, the total contract sales amount is approximately RMB 1.901 billion, showing a year-on-year increase of 15.28% [1] - The property contract sales for October 2025 are approximately RMB 1.649 billion, and the renovation contract sales are approximately RMB 0.252 billion [1] Group 2: Sales Area and Pricing - The total property contract sales area for the ten months ending October 31, 2025, is approximately 499,644 square meters, with an average selling price of approximately RMB 23,460 per square meter [1] - The total contract sales area for non-self-invested properties managed under the "He Sheng" brand for the ten months is approximately 53,477 square meters, with a contract sales amount of approximately RMB 4.706 billion [1] - In October 2025, the contract sales area for properties managed under the "He Sheng" brand is approximately 3,298 square meters, with a contract sales amount of approximately RMB 261 million [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 發表聲明，並明確表示概不會對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。 （股份代號：754） 網址︰http://www.irasia.com/listco/ hk/ hopson 截至2025年10月31日止10個月未經審核營運數據 合生創展集團有限公司（「本公司」，連同其附屬公司，「本集團」）董事會（「董事會」）宣佈， 截至2025年10月31日止10個月，本集團及其合營公司及聯營公司之總合約銷售金額為約人 民幣 131.65 億 元；其 中物業 合約 銷售約 人民幣 117.19 億 元；裝 修合約 銷售約 人民 幣14.46 億 元。就2025年10月單月而言，本集團及其合營公司及聯營公司之總合約銷售金額為約人民 幣19.01億元，其中物業合約銷售約人民幣16.49億元；及裝修合約銷售約人民幣2.52億元。 截至2025年10月31日止10個月，本集團及其合營公司及聯營公司之物業合約銷售面積為約 499,644平方米，物業合約銷售平均售價為約每平方米人民幣23,460元 ...

Core Viewpoint - The recent news indicates that He Sheng Chuang Zhan has initiated a comprehensive merger plan with Zhu Guang Holdings Group, marking a significant consolidation within the Zhu family business [1][4]. Group 1: Company Background - Zhu Guang Holdings Group is chaired by Zhu Qing Yi, the youngest of the three Zhu brothers, with Zhu Meng Yi being the most prominent due to his founding of He Sheng Chuang Zhan in 1992 [2]. - The Zhu family has diversified interests, with Zhu Guang Holdings established in 1996, focusing on real estate that complements He Sheng's business [2][3]. Group 2: Merger Details - The merger rumors have been circulating since December, when Zhu Guang Holdings signed a cooperation agreement with CITIC Group's subsidiary for a redevelopment project in Guangzhou [5]. - The redevelopment project in Li Jiao Village spans 896,700 square meters, with a total construction area of 4,362,700 square meters [6]. Group 3: Financial Performance - Zhu Guang Holdings has faced continuous losses since 2022, with a reported loss of 213 million yuan in the first half of this year, although this is an improvement from 834 million yuan in the same period last year [11]. - He Sheng Chuang Zhan also reported a challenging financial situation, with a revenue of 6.471 billion HKD in the first half of the year, a 53% decrease year-on-year, and a loss of 1.732 billion HKD [12]. Group 4: Strategic Moves - He Sheng Chuang Zhan is looking to relocate its headquarters to accelerate project development in the Greater Bay Area, with significant land reserves in the region [14]. - The company aims to integrate resources from Zhu Guang Holdings without increasing its own liabilities, which could be a pathway to regain growth [14][16]. Group 5: Project Management - He Sheng Chuang Zhan has begun managing several projects from Zhu Guang Holdings, including the Li Jiao Village redevelopment, indicating a shift in project management strategy [9][10]. - The company has reported significant contract sales from its management projects, with a total sales amount of approximately 11.264 billion yuan in the first nine months of the year [15].

截至月份: 2025年10月31日 狀態: 新提交 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 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 | 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) | 00754 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 6,000,000,000 | HKD | | 0.1 | HKD | | 600,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 6,000,000,000 | HKD | | 0.1 | HKD | | 600,000,000 | 本月底法定/註冊股本總額： HKD 600,000,000 FF301 致：香港 ...

Group 1: Government Policies and Initiatives - The Minister of Housing and Urban-Rural Development, Ni Hong, emphasizes the need to construct safe, comfortable, green, and smart houses, while also renovating old ones [1] - Nine departments, including the Ministry of Housing, have issued an action plan to develop and implement intelligent municipal infrastructure construction and renovation plans [2] - Beijing has introduced a new tax policy for housing rental enterprises, reducing the VAT rate from 5% to 1.5% starting January 1, 2026, and lowering the property tax rate from 12% to 4% [3] Group 2: Real Estate Transactions and Market Activity - In Chengdu, a new policy has been released that removes local deposit restrictions for housing provident fund loans, allowing eligible non-local contributors to apply for conversion loans [4] - Two low-density residential land parcels in Suzhou's Xiangcheng district were sold at a total price of 661 million yuan, with floor prices of 7,500 yuan and 7,000 yuan per square meter [5] - A residential land parcel in Hangzhou's Binjiang district was sold for 1.264 billion yuan, reflecting a nearly 20% premium over the starting price [6] Group 3: Land Supply and Development - Beijing has announced the eighth round of proposed residential land supply for 2025, covering 9 plots with a total area of approximately 44 hectares and a planned construction scale of about 1.03 million square meters [7] - Shanghai is set to auction 6 land parcels in its eighth batch of land sales, with a total starting price of 18.495 billion yuan [8] Group 4: Company Performance and Leadership Changes - China State Construction's project, Yunhe Jiuyuan, achieved sales of 448 units in September, leading in sales volume, area, and amount in Beijing [9] - Beijing Urban Construction's Xi Yuan project opened its humanistic demonstration area, showcasing high-end residential values [10] - Sunac China’s debt restructuring plan received approval from 98.5% of creditors, marking a significant step towards resolving its offshore debt issues [12] Group 5: Sales Performance of Real Estate Companies - China Resources Land reported a cumulative contract sales amount of approximately 154.4 billion yuan for the first nine months, a year-on-year decline of 10.4% [13] - China Jinmao's contract sales for the same period reached 80.685 billion yuan, with a total area of 3.6745 million square meters sold [14] - Longfor Group's total contract sales amounted to 50.75 billion yuan, with a sales area of 3.943 million square meters [15]