China Jinmao Holdings Group Limited 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 Communication, please complete Part B of the enclosed Change Request Form and send it to the Company c/o the Hong Kong Share Registrar by the abovementioned means. Should you have ...

If you sign this Election Form without completing Box C, or if you elect to receive Scrip Shares in respect of a greater number of shares than your registered holding on the Record Date, 19 September 2025, you will be deemed to have elected to receive only Scrip Shares in respect of ALL the shares registered in your name on the Record Date, 19 September 2025. THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION 此乃要件，請即處理 NAME(S) AND ADDRESS OF REGISTERED SHAREHOLDER(S) 登記股東之姓名及地址 BOX A 甲欄 HONG K ...

此乃要件 請即處理 China Jinmao Holdings Group Limited 中國金茂控股集團有限公司 （於香港註冊成立的有限公司） （股份代號：00817） 有關截至 2025年6月30日止六個月 中期股息的以股代息安排 2025年10月2日 閣下如對本通函任何方面或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他註冊證 券交易商、銀行經理、律師、專業會計師或其他專業顧問。 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，概不對因本通函全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 任何股東如在香港以外任何地區收到本通函及╱或選擇表格，均不應將之視為一項選擇代息股 份之邀請，除非本公司毋須遵守任何登記或其他法律規定、政府或監管程序或任何其他類似手 續即可在有關地區合法向該股東作出該項邀請。位於香港以外地區之任何股東如希望根據2025 年中期以股代息安排收取代息股份，須自行承擔責任，遵守有關司法管轄區之法律規定，包括 遵守適用程序或任何其他類似手續。 | 時間表 | ii | | --- | ...

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，概不對任何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的任何損失承擔責任。 China Jinmao Holdings Group Limited 公告 平安金融服務框架協議下的 持續關連交易及須予公佈交易 茲提述本公司日期為2022年11月16日及2022年12月23日的公告及日期為2022 年12月7日的通函，內容有關（其中包括）本公司與中國平安的多間附屬公司所 訂立的現有平安金融服務框架協議，該協議將於2025年12月31日到期。於2025 年9月29日，本公司與平安成員企業訂立經續期平安金融服務框架協議。據此， 本集團將於其認為有需要時繼續使用平安成員企業以非獨家方式提供的金融服 務，直至2028年12月31日止。 上市規則的涵義 中國平安通過其附屬公司持有本公司已發行股份總數約13.23%，為本公司的關 連人士。各平安成員企業均為中國平安的附屬公司，亦為本公司的關連人士。 根據上市規則，經續期平安金融服務框架協議下的交易構成本公司的持續關連 交易： (i) 由於經續 ...

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，概不對任何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的任何損失承擔責任。 China Jinmao Holdings Group Limited 中國金茂控股集團有限公 司 （於香港註冊成立的有限公司） （股票代號：00817） 持續關連交易 修訂中化金融服務框架協議 茲提述本公司日期為2022年11月16日、2022年12月23日、2024年3月15日及 2024年4月29日的公告及日期為2022年12月7日及2024年4月12日的通函，內 容有關（其中包括）中化金融服務框架協議、補充協議一，據此，本集團將於其 認為有需要時，使用中化財務以非獨家方式提供的存款、無擔保貸款等金融服 務。經補充協議一修訂後的中化金融服務框架協議有效期延長至2026年12月31 日止，連同其項下擬進行的交易、經修訂每日最高存款餘額已於2024年4月29 日獲當時本公司的獨立股東批准。 董事會謹此宣佈，於2025年9月29日，本公司與中化財務訂立補充協議二，以 進一步修訂經補充協議一修訂的中化金 ...

Core Viewpoint - The project "Puyue" jointly developed by China Jinmao and Yuexiu Property officially launched in Beijing, focusing on high-end residential properties with a technology-driven approach [1] Group 1: Project Overview - The "Puyue" project marks the first collaboration between Jinmao's "Puyue" series and Yuexiu's "Yue" series of top-tier products [1] - The project is located on a newly acquired residential land in the Chaoyang district, which was purchased for a base price of 12.6 billion yuan [1] - The project features residential units ranging from 152 to 258 square meters, with over 70% designed as corner units emphasizing spacious layouts and panoramic views [1] Group 2: Sales and Pricing - The project has received pre-sale approval, allowing for the sale of 308 residential units across six buildings [1] - The total saleable area is approximately 58,566.98 square meters, with average selling prices ranging from 114,600 to 129,000 yuan per square meter [1] - The model units for the project were opened to the public on September 27, showcasing three different layouts of 152, 188, and 258 square meters [1]

Core Insights - The launch of the "Puyue" project by China Jinmao and Yuexiu Property marks a significant event in the high-end residential market in Beijing, reflecting a steady recovery and increasing demand from high-net-worth clients for luxury housing [1][2] Group 1: Project Overview - The "Puyue" project is positioned as a benchmark for luxury living in Beijing's CBD, emphasizing its unique location and design that combines Eastern aesthetics with international standards [2][4] - The project is strategically located in the Beijing CBD, surrounded by significant ecological resources, enhancing its appeal as a luxury residential option [2][3] Group 2: Target Audience - The primary target demographic for the "Puyue" project consists of high-net-worth individuals born between 1985 and 1990, primarily from emerging industries such as e-commerce, AI, and renewable energy [3] - This demographic is characterized by a desire for not only asset stability but also a sense of belonging and wellness in their living environment [3] Group 3: Design and Features - The project integrates the top-tier product lines from both China Jinmao and Yuexiu Property, focusing on human-centric design rather than mere luxury accumulation [4][5] - The architectural design features a unique layout that emphasizes spaciousness and natural light, with units ranging from 152 to 258 square meters, ensuring optimal views and comfort [5] Group 4: Amenities and Services - The project includes a comprehensive service system provided by Yuexiu Services, which aims to enhance the living experience through community activities and high-end service offerings [6] - The amenities include a 4,800 square meter clubhouse with various luxury services, ensuring that the project remains valuable and appealing over time [6] Group 5: Market Impact - The introduction of the "Puyue" project is seen as a reflection of the evolving standards in high-end residential design and service, setting a new benchmark for the industry [7]

Investment Rating - The industry investment rating is "Leading the Market - A" [6] Core Views - The central bank emphasizes the implementation of previously announced financial policies to stabilize the real estate market, focusing on revitalizing existing assets and stabilizing market expectations [1] - The report suggests that the acceleration of supply in core cities and the easing of regulatory policies will likely enhance the progress of existing projects and land reserves, as well as urban renewal policies [1] - Recommended companies include distressed recovery firms such as Jindi Group and New Town Holdings, leading firms maintaining land acquisition intensity like Greentown China and China Jinmao, and local state-owned enterprises with stable diversified operations like Pudong Jinqiao and Waigaoqiao [1] Sales Review (9.20-9.26) - Total transactions in 32 monitored cities reached 16,000 units, a week-on-week increase of 15.1%; cumulative transactions for 2025 stand at 593,000 units, a year-on-year decrease of 6.1% [2][12] - First-tier cities recorded 4,816 transactions, up 3.4% week-on-week, with a cumulative total of 169,000 units for 2025, reflecting a year-on-year increase of 0.5% [2][12] - Second-tier cities saw 9,563 transactions, a week-on-week increase of 24.5%, with a cumulative total of 353,000 units for 2025, down 8.9% year-on-year [2][12] - Third-tier cities had 1,453 transactions, up 2.7% week-on-week, with a cumulative total of 70,000 units for 2025, down 6.7% year-on-year [2][12] Land Supply (9.15-9.21) - Planned residential land supply across 100 cities is 5.68 million square meters, with a cumulative supply of 17.408 million square meters for 2025, down 16% year-on-year [3][37] - The average floor price for land supply across 100 cities is 6,879 yuan per square meter, with a recent four-week average of 5,264 yuan per square meter, reflecting a week-on-week increase of 15.4% and a year-on-year decrease of 1.1% [3][39] Land Transactions (9.15-9.21) - Residential land transaction area across 100 cities is 4.75 million square meters, with a cumulative total of 13.908 million square meters for 2025, down 3.7% year-on-year [4][64] - The average transaction floor price for residential land across 100 cities is 3,433 yuan per square meter, down 50.5% week-on-week and down 50.3% year-on-year, with an overall premium rate of 2.8% [4][66]

Investment Rating - The report maintains a "Positive" rating for the real estate and property management sectors [3][4]. Core Insights - The report indicates that the broad housing demand in China has reached a bottom, although the volume and price have not yet entered a positive cycle. It predicts that the overall real estate market will continue to stabilize, with policies aimed at stopping the decline and promoting recovery [3][4]. - The report highlights significant policy support, including over 1.6 trillion yuan allocated for three major projects to stabilize the real estate market and support the delivery of nearly 20 million housing units [31][32]. - The report emphasizes the emergence of a new development track driven by favorable housing policies, which will enhance the penetration of quality housing in core cities [3][4]. Industry Data Summary New Housing Transactions - For the week of September 20-26, 2025, new housing transactions in 34 key cities totaled 2.458 million square meters, a week-on-week increase of 17.2%. The transaction volume in first and second-tier cities rose by 15.4%, while third and fourth-tier cities saw a significant increase of 43.8% [4][12]. - In September, the total transaction volume for new homes in 34 cities was 8.078 million square meters, a year-on-year increase of 6.3% [7][8]. Second-Hand Housing Transactions - For the week of September 20-26, 2025, second-hand housing transactions in 13 key cities totaled 1.148 million square meters, a week-on-week increase of 3.8%. Cumulatively, September transactions were up 21.2% year-on-year [12][13]. Inventory and Supply - In the week of September 20-26, 2025, 15 key cities launched 1.48 million square meters of new housing, with a transaction volume of 950,000 square meters, resulting in a transaction-to-launch ratio of 0.64. The total available residential area in these cities was 90.309 million square meters, a week-on-week increase of 0.6% [21][22]. Policy and News Tracking - The report notes that various local governments are implementing policies to stabilize the real estate market, including subsidies for home purchases and regulations to improve housing quality [31][32]. - Shanghai has introduced new regulations to standardize balcony measurements and support the renovation of old residential areas [31][32]. Company Dynamics - New City Holdings issued USD 1.6 billion in overseas bonds, while Poly Developments announced a plan to issue corporate bonds not exceeding 150 billion yuan [38][39]. - The report tracks significant financing activities, including guarantees provided by major companies for their subsidiaries [38][39].

Core Insights - The launch of the high-end residential project "Puyue" by China Jinmao and Yuexiu Property in Beijing's CBD highlights the increasing demand for luxury housing among high-net-worth clients, emphasizing location, design, and lifestyle [1][2][6] Group 1: Project Overview - "Puyue" is positioned as a model for high-end living in the CBD, combining Eastern aesthetics with international standards and artistic elements [1][2] - The project is strategically located in the Beijing CBD, surrounded by significant ecological resources, enhancing its value and appeal [4][6] Group 2: Target Audience - The primary demographic for the CBD luxury market consists of high-net-worth individuals born between 1985 and 1990, primarily from emerging industries such as e-commerce, AI, and renewable energy [6] - This demographic seeks not only financial stability but also a sense of belonging and wellness in their living environments [6] Group 3: Design and Aesthetics - The project integrates a unique design philosophy that emphasizes human-centric elements, blending Eastern and Western aesthetics to redefine high-end living in Beijing [7][8] - "Puyue" features a layout that promotes a garden-like atmosphere, with a focus on spaciousness and natural light, utilizing high-quality materials and craftsmanship [7][8] Group 4: Amenities and Services - The project includes a comprehensive service system that enhances the living experience, offering customized solutions and community engagement through various facilities [11] - The integration of advanced health technology and smart home systems aims to provide a comfortable and modern living experience [10][11] Group 5: Market Impact - The introduction of "Puyue" reflects a significant evolution in the luxury real estate market, showcasing innovative design, craftsmanship, and a holistic approach to high-quality living [13] - The project sets a new benchmark for high-end residential offerings in Beijing, combining international aesthetics with cultural depth and human care [13]