Core Viewpoint - The Hong Kong real estate stocks experienced a significant rally, with major companies showing substantial gains, indicating a potential recovery in the sector despite ongoing challenges in the overall real estate market [1] Group 1: Stock Performance - Oceanwide Holdings surged over 15%, leading the gains among real estate stocks [1] - Other notable performers included Ronshine China (+7.32%), China Jinmao (+5.23%), and Country Garden (+4.84%) [1] - Several companies, including Longfor Group, Agile Group, and CIFI Holdings, saw increases of nearly 4% [1] Group 2: Industry Outlook - According to CITIC Securities, the overall performance of the real estate development industry is expected to remain under pressure in the first half of 2025, with total revenue projected to decline by 15% [1] - The industry is facing increased impairment provisions and rising expense ratios, leading to an expanded loss of 27 billion yuan in the first half [1] - However, the decline in gross profit margins is showing signs of improvement, with some quality real estate companies stabilizing their margins and profits [1] Group 3: Debt and Sales Trends - The debt repayment capacity of real estate companies is becoming more differentiated, with a trend towards deleveraging due to shrinking business scales, although leading firms maintain stable profitability [1] - The top 100 real estate companies reported a 14% year-on-year decline in sales over the first eight months, but this decline is narrowing compared to the previous year's total [1] - The land market is showing early signs of recovery, with the top 100 companies collectively acquiring land worth 723.5 billion yuan, a 31% increase year-on-year, indicating a proactive approach to replenishing core city inventories [1]

CCS3180 FSPH_NRH Non-registered holder's information (English Name and Address) 非登記持有人資料（英文姓名及地址） Request Form 申請表格 To: China Jinmao Holdings Group Limited (the ''Company'') 致: 中國金茂控股集團有限公司（「本公司」） (Stock Code: 00817) (股票代號：00817) c/o Computershare Hong Kong Investor Services Limited 經香港中央證券登記有限公司 17M Floor, Hopewell Centre 香港灣仔皇后大道東 183 號合和中心 17M 樓 Notes: 附註： 1. Please complete all your details clearly. 請 閣下清楚填妥所有資料。 2. This letter is addressed to non-registered holders (a "non-registered holder" means such ...

Change Request Form 變更申請表格 To: China Jinmao Holdings Group Limited (the ''Company'') 致: 中國金茂控股集團有限公司（「本公司」） (Stock Code: 00817) (股票代號：00817) c/o Computershare Hong Kong Investor Services Limited 經香港中央證券登記有限公司 17M Floor, Hopewell Centre 香港灣仔皇后大道東 183 號合和中心 17M 樓 183 Queen's Road East, Wanchai, Hong Kong Part A — I/We would like to receive printed version(s) of the Current Corporate Communication of the Company in the manner as indicated below: 甲 部 本人╱我們現在希望以下列方式收取 貴公司本次公司通訊文件： (Please mark ONLY ONE（X）of the ...

中 國 金 茂 控 股 集 團 有 限 公 司 (incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock Code 股票代號 : 00817) NOTIFICATION LETTER 通知信函 China Jinmao Holdings Group Limited 各位非登記持有人(1)： 中國金茂控股集團有限公司（「本公司」）— 2025 年中期報告（「本次公司通訊文件」）之發佈通知 本公司的本次公司通訊文件的英文及中文版本已上載於本公司網站 (http://www.chinajinmao.cn) 及香港交易所披露易網站 (www.hkexnews.hk)， 歡迎瀏覽。 閣下可在本公司網站按顯示的有關標題瀏覽本次公司通訊文件，或在香港交易所披露易網站瀏覽有關文件。 如 閣下欲收取本次公司通訊文件之印刷本，請填妥在本函背面的申請表格（該表格亦可於上述網站下載），並使用隨附之郵寄標籤，通過本 公司的股份過戶登記處香港中央證券登記有限公司（「香港證券登記處」）寄回本公司（如在香港投寄，毋須貼上郵票；否則，請貼上適當的 郵票）。 ...

China Jinmao Holdings Group Limited 中 國 金 茂 控 股 集 團 有 限 公 司 (incorporated in Hong Kong with limited liability) （於香港註冊成立的有限公司） (Stock Code 股票代號 : 00817) NOTIFICATION LETTER 通知信函 Dear Shareholder, 12 September 2025 Further, notwithstanding any choice to the contrary previously conveyed to us, if you would at any time like to change your choice of language or means of receipt of future Corporate Communication of the Company, or would like to receive email notification of the publication of future Corporate Com ...

中國金茂控股集團有限公司 CHINA JINMAO HOLDINGS GROUP LIMITED ( 於香港註冊成立的有限公司 ) (Incorporated in Hong Kong with limited liability) 股票代號 Stock Code: 00817 中期報告 2025Interim Report 目錄 Contents | 財務摘要 | 封面內頁 Inside Cover | Financial Highlights | | --- | --- | --- | | 公司資料 | 1 | Corporate Information | | 主席致辭 | 3 | Chairman's Statement | | 管理層討論與分析 | 7 | Management Discussion and Analysis | | 獨立審閱報告 | 60 | Independent Review Report | | 中期簡明綜合財務資料 | 62 | Interim Condensed Consolidated Financial Information | | 中期簡明綜合財務資料附註 | 7 ...

Investment Rating - The report maintains a "Positive" rating for the real estate and property management sectors [4][5]. Core Insights - The report highlights that the broad housing demand in China has bottomed out, but the price and volume have not entered a positive cycle as expected. The real estate industry faces challenges from weakened household balance sheets and policy constraints requiring high-quality development without overall leverage [4][5][6]. - The "Good House" policy is seen as a potential breakthrough strategy that could lead to a fivefold positive resonance in core cities, gradually achieving a recovery driven by structural improvements [4][5][6]. Summary by Sections 1. Industry Status: Challenges in Real Estate Fundamentals and Policy Constraints - Broad housing demand is estimated to have bottomed out, with total transactions stabilizing around 1.4 billion square meters [15][22]. - New home sales have decreased from 1.57 billion square meters in 2021 to an estimated 0.81 billion square meters in 2024, a cumulative decline of 48%, while second-hand home sales have increased by 64% during the same period [15][22]. - The key issue in the real estate sector is not demand but purchasing power, with a trend of consumption downgrade evident in the market [22][31]. 2. Breakthrough Strategy: "Good House" Policy Leading to Fivefold Positive Resonance - The "Good House" policy aims to create new products and markets, enhancing the price system under conditions of supply scarcity and relatively abundant demand [4][6]. - The report identifies five positive resonances: policy strength of "Good House," urban renewal, housing consumption upgrade, wealth reallocation under capital controls, and stock market strength [4][6]. - Potential benefits include expected further reductions in mortgage rates and loosening of purchase restrictions, which could drive improvements in core cities [4][6]. 3. Core Cities: Hong Kong Has Reversed, Shanghai and Other Core Cities Nearing Bottom - Hong Kong's real estate market has experienced a turnaround due to four positive factors, including talent policies and stock market gains [4][6]. - Other core cities like Shanghai, Beijing, and Shenzhen are also showing signs of improvement, with Shanghai expected to be the next city to see a bottoming out [4][6]. 4. Investment Analysis Opinion: "Good House" as a Breakthrough Strategy - The report emphasizes that the "Good House" policy could lead to a structural recovery in the real estate market, benefiting quality real estate companies positioned in core cities [4][5][6]. - Recommended companies include those with strong product capabilities and undervalued recovery potential, as well as second-hand housing intermediaries and property management firms [4][5].

Core Viewpoint - China Jinmao Holdings Group Co., Ltd. reported its unaudited sales data for August 2025, indicating a strong performance in contract sales and total sales volume for the year to date [1] Group 1: August Sales Performance - In August 2025, China Jinmao achieved a contracted sales amount of RMB 9.077 billion, with a contracted sales area of approximately 410,700 square meters [1] Group 2: Year-to-Date Sales Performance - From January to August 2025, the total contracted sales amount reached RMB 70.884 billion, including various projects such as Changsha Meixi Lake International New City and Nanjing Qinglongshan International Ecological New City [1] - The cumulative contracted sales area for the same period was approximately 3.1811 million square meters [1]

2025年1—8月，中国金茂累计取得签约销售金额共计人民币708.84亿元，其中包含长沙梅溪湖国际新城 项目、南京青龙山国际生态新城项目、宁波生命科学城项目、嘉兴上海之窗智慧科学城项目、郑州二七 区马寨新城项目、温州鳌江国际新城项目、金华金茂未来科学城项目及上海横沔城市运营项目的成交销 售金额，累计签约销售建筑面积318.11万平方米。 于2025年8月31日，集团已录得已认购（未签约）物业销售金额共计人民币7.76亿元。 央广网北京9月10日消息（记者门庭婷）9月9日，中国金茂发布2025年8月未经审核销售数据。 2025年8月，中国金茂及其附属公司取得签约销售金额人民币90.77亿元，签约销售建筑面积41.07万平方 米。 ...

【1】深圳首次面向轮候册以外符合条件家庭配售安居型商品房 9月9日，深圳市住房和建设局和南山区政府分别发布帆湾海寓(大鹏新区)和山樾湾花园(南山区)安居型 商品房剩余房源配售通告，首次面向轮候册以外符合条件家庭配售，以扩大保障范围并回应住房需求。 配售规则规定，在面向在册轮候家庭进行两次公开配售后，如有剩余房源，将另行面向更广泛符合条件 家庭配售。此前项目配售中均有部分房源剩余。 【2】中国金茂8月销售额90.77亿元 9月9日，中国金茂披露8月销售简报。简报显示，8月中国金茂及其附属公司签约销售金额为90.77亿 元，签约销售建筑面积约41.07万平方米。 【3】龙湖集团8月合同销售额33.9亿元 9月9日，龙湖集团披露8月未经审核经营简报。简报显示，8月龙湖集团连同其附属公司总合同销售金额 33.9亿元，合同销售面积31万平方米。 【4】旭辉控股8月合同销售额9.6亿元 9月9日，旭辉控股披露8月未经审核经营简报。简报显示，8月旭辉控股合同销售金额约为9.6亿元，合 同销售面积约为7.84万平方米，合同销售均价约为1.21万元/平方米。公司股东权益应占合同销售金额约 为4.8亿元。 【5】雅居乐8月预售金 ...