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]

本报讯 （记者陈潇）9月26日，由中国金茂控股集团有限公司（以下简称"中国金茂"）和越秀地产股份 有限公司（以下简称"越秀地产"）联袂打造的高端人居作品璞樾产品全球首映礼在北京正大中心启幕。 璞樾位于北京CBD金轴，得天独厚的土地基因决定了其天然稀缺性。项目对望中国尊，身处星河湾豪 宅生活区，周边环抱京城紫岸公园、星河湾生态公园、京城森林公园三大绿肺，稀缺土地与生态资源叠 加，构成了CBD豪宅的最佳答案。 为了不辜负这样的稀缺资源，"我们必须先读懂CBD。"赵峰表示，"CBD发展30年，看中国尊的王之尊 礼、国贸三期的竹节宝塔、人民日报社的鼎耳，它们无一不是在用世界的建筑语言，讲述东方的气 度。" 璞樾作为凝聚了中国金茂与越秀地产两大顶级产品品牌的联袂之作，以深度洞察土地核心价值和时代发 展趋势，重新发现当代的中国美学之心，努力成为下一个CBD的人居封面之作。 同时，着眼下一个30年，CBD人群逻辑、产业换代，也正在被进一步更新：根据调研，CBD高净值客 户群体主力年龄层为85至90后，主要来自新电商、人工智能、新能源等新兴行业。他们既熟悉纽约、伦 敦、东京的豪宅标准，又强调健康、艺术与松弛感。基于对人群迭代 ...

2025 年 09 月 28 日 房地产 央行强调推动已出台政策落地见效 周观点：央行强调着力推动已出台金融政策措施落地见效 9 月 24 日，央行三季度例会召开，针对房地产行业明确两大政策主 线：一抓存量盘活，二稳市场预期。会议强调"推动已出台政策落地 见效，加大存量商品房和土地盘活力度"，将存量资产盘活作为巩固 市场稳定的抓手，指向化解房企库存压力、优化土地资源配置的务实 方向。 我们认为，九月核心城市供应提速，核心城市调控政策加力宽松，伴 随央行进一步强调前期政策落地的政策基调下，存量项目及土地收 储，以及城市更新政策有望加码推进。建议关注困境反转类房企：金 地集团、新城控股等；保持拿地强度的龙头绿城中国、中国金茂、滨 江集团等；多元经营稳健发展的地方国企浦东金桥、外高桥等。 销售回顾（9.20-9.26） 重点监测 32 城合计成交总套数为 1.6 万套，环比上周增长 15.1%； 2025 年累计成交总套数为 59.3 万套，累计同比下降 6.1%。其中，一 线城市成交 4816 套，环比上周增长 3.4%，2025 年累计成交 16.9 万 套，累计同比增长 0.5%；二线城市成交 9563 套， ...

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].

来源：环球网 9月26日，由中国金茂和越秀地产联袂打造的高端人居作品璞樾产品全球首映礼在北京正大中心启幕。 当前，北京房地产市场正稳步复苏，高净值客户对顶级住宅的要求日益精细，从地段、面积到设计、生 活方式，都有了更高需求。发布会现场，璞樾项目呈现出一个兼具"东方韵、国际范、艺术感、传承 意"的CBD人居范本，以其地段的稀缺性、产品的引领性和生活方式的独创性，引发购房者和行业高度 关注。 两大顶级产品系深度融合内外兼修重塑高端人居价值 读懂北京CBD打造"魂取东方，形见世界"的典范人居 "引领CBD下一个30年的豪宅，应该长什么样？"发布会伊始，璞樾抛出了一个全行业关注的核心话题。 对此，越秀地产北方区域公司营销品牌部总经理助理、北京营销负责人赵峰分享了璞樾读懂CBD的四 个"心"视角——土地心、美学心、人群心、情绪心。 璞樾位于北京CBD金轴，得天独厚的土地基因决定了其天然稀缺性。项目对望中国尊，身处星河湾豪 宅生活区，周边环抱京城紫岸公园、星河湾生态公园、京城森林公园三大绿肺，稀缺土地与生态资源叠 加，构成了CBD豪宅的最佳答案。 为了不辜负这样的稀缺资源，"我们必须先读懂CBD"，赵峰表示，"CBD发展 ...

Core Viewpoint - The Hong Kong real estate stocks have shown a significant upward trend, driven by recent policy optimizations aimed at supporting reasonable housing demand across various cities in China [1] Company Performance - Country Garden saw an increase of over 5% in its stock price, while China Overseas Macro Group rose by 4% and Ronshine China by 3.5% [2] - Other notable performers include Vanke Enterprises, Longfor Group, and Oceanwide Holdings, each rising nearly 3%, and China Jinmao increasing by 2% [2] Policy Developments - Multiple cities in China have recently optimized real estate policies, including Dongguan offering a subsidy of 2% of the total purchase price for eligible homebuyers, capped at 30,000 yuan [1] - Sichuan is implementing a "one city, one policy" approach to stabilize the real estate market, while Guangzhou has introduced new policies allowing property companies to sell self-held housing [1] - Major cities like Beijing, Shanghai, and Shenzhen have adjusted their purchase restrictions, indicating a broader trend of policy support for the housing market [1] - New first-tier cities are reportedly studying the latest real estate policies to further stimulate housing demand and enhance purchase support [1]

Investment Rating - The report rates the real estate industry as "Outperform" compared to the market [1]. Core Insights - The real estate market in August 2025 showed a narrowing year-on-year decline in transaction volume due to low base effects, while land auction premiums in first-tier cities reached a six-year high [1][2]. - The overall performance of the real estate sector underperformed the CSI 300 index, with an absolute return of 6.5% and a relative return of -3.9% [2][13]. - The report emphasizes the importance of policy adjustments in major cities to stimulate market activity, particularly in Beijing, Shanghai, and Shenzhen [4][24]. Summary by Sections New Home Transactions - In August, new home transaction area in 40 cities was 859.1 million square meters, down 0.5% month-on-month and down 13.5% year-on-year, with a cumulative decline of 5.0% for the first eight months [14][17]. - First-tier cities experienced an expanded year-on-year decline in new home transactions, while second-tier cities saw a narrowing decline, and third- and fourth-tier cities turned positive [15][16]. Second-Hand Home Transactions - Second-hand home transaction area in 18 cities was 715.6 million square meters in August, down 9.2% month-on-month and down 6.4% year-on-year, with a cumulative increase of 7.5% for the first eight months [22][23]. - Year-on-year declines in second-hand home transactions narrowed in first- and second-tier cities, while third- and fourth-tier cities showed positive growth [23]. Inventory and Absorption - New home inventory increased month-on-month, with an overall absorption cycle of 17.1 months, down 0.3 months from the previous month [4][9]. - The average opening absorption rate in 30 cities improved to 42% in August, up 9 percentage points month-on-month and 13 percentage points year-on-year [4][9]. Land Market - Overall land auction activity declined month-on-month, but first-tier cities saw land premium rates reach a six-year high, averaging 22.3% [4][12]. - The average land floor price decreased by 13.4% month-on-month and 21.5% year-on-year [12]. Real Estate Companies - The top 100 real estate companies reported a sales decline of 16.5% year-on-year in August, with a total sales amount of 225.6 billion yuan [4][12]. - The land acquisition amount for the top 100 companies increased by 34.9% year-on-year in August, although it decreased by 27.1% month-on-month [4][12]. Financing - The financing scale for the real estate industry decreased both year-on-year and month-on-month in August, with a total issuance of 55.3 billion yuan [4][12]. - The average issuance interest rate was 2.51%, showing a slight decrease compared to previous periods [4][12]. Policy - Recent policy adjustments in major cities aim to support the real estate market, with a focus on urban renewal and easing purchase restrictions [4][24]. - The report highlights the significance of these policies in stabilizing market expectations and promoting demand [4][24].