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1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國三迪控股有限公司 呈交日期: 2026年2月5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) | 00910 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 200,000,000,000 | HKD | | 0.01 | HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | | 200,000,000,000 | HKD | | 0.01 | HKD | | 2,000,000,000 ...

Core Viewpoint - China Sandi (00910) reported a significant decline in annual performance for the year ending December 31, 2024, with a revenue of 2.078 billion RMB, representing a year-on-year decrease of 37.1% [1] Financial Performance - The company recorded a loss attributable to shareholders of 4.052 billion RMB, which is an increase of 772.1% compared to the previous year [1] - Basic loss per share was reported at 0.7963 RMB [1] Sales Performance - The group's contract sales amounted to approximately 0.167 billion RMB, with a total contracted sales area of about 14,140 square meters [1] - Both contract sales and total contracted sales area decreased by 80.2% and 84.7% respectively compared to the year ending December 31, 2023 [1] - The decline in contract sales is primarily attributed to the sluggish real estate sales environment in 2024 [1]

Group 1 - The core viewpoint of the article indicates that China Sandi (00910.HK) reported a significant decline in total revenue for the fiscal year ending December 31, 2024, amounting to approximately RMB 2.078 billion, which represents a year-on-year decrease of about 37.1% [1] - The company recorded a substantial loss attributable to shareholders of approximately RMB 4.052 billion, compared to a loss of about RMB 465 million for the fiscal year ending December 31, 2023 [1] - Basic loss per share was reported at RMB 0.7963, a significant increase from RMB 0.0913 in the previous year [1] Group 2 - As of December 31, 2024, the company has nine developing property projects located in various cities across China, with key cities including Shanghai, Fuzhou, Xi'an, and Baoji [1] - The company primarily focuses on the development of residential properties, as well as residential and commercial mixed-use properties, with product categories including apartments, offices, shops, and villas [1]

Financial Performance - For the fiscal year ending December 31, 2024, the total revenue was RMB 2,078,120,000, a decrease of 37% compared to RMB 3,302,755,000 in 2023[4] - The gross profit for the year was RMB 136,471,000, down 73% from RMB 509,871,000 in the previous year[4] - The net loss for the year was RMB 4,054,953,000, compared to a net loss of RMB 422,414,000 in 2023, representing an increase in losses[4] - The company reported a total loss before tax of RMB 4,841,113,000 for the fiscal year ending December 31, 2024, with property development losses at RMB 917,332,000 and property investment losses at RMB 3,831,005,000[25] - The company reported a loss attributable to shareholders of RMB 4,051,720,000 for 2024, compared to a loss of RMB 464,567,000 in 2023, indicating a significant increase in losses[40] - The total loss before tax was RMB 495,579,000, with property development reporting a loss of RMB 31,338,000 and property investment reporting a loss of RMB 374,641,000[26] Assets and Liabilities - The company's total assets less current liabilities stood at RMB 895,158,000, a significant decrease from RMB 9,171,534,000 in the previous year[6] - The company's non-current assets decreased to RMB 6,065,951,000 from RMB 10,438,766,000 in 2023, reflecting a decline in asset value[6] - The total equity attributable to owners of the company fell to RMB 331,627,000 from RMB 4,392,297,000 in the previous year[7] - The total amount of default and cross-default borrowings is RMB 5,674,024,000, with total interest payable on these defaults amounting to RMB 344,082,000[12] - The total amount of bank and other borrowings was RMB 5,833,124,000, a decrease from RMB 6,047,819,000 in the previous year[49] - The net debt was approximately RMB 6,773,200,000, resulting in a debt-to-equity ratio of approximately 1,241.7% as of December 31, 2024, compared to 150.2% as of December 31, 2023[91] Liquidity and Financing - The company's cash and cash equivalents were only RMB 100,415,000, while current liabilities totaled RMB 15,962,762,000, indicating liquidity challenges[11] - As of December 31, 2024, the company has overdue borrowings totaling approximately RMB 4,342,154,000, with total interest payable of RMB 263,315,000[12] - The company is seeking new financing options, including equity financing, to meet existing financial obligations and future operating expenses[16] - The company has implemented several measures to alleviate liquidity pressure, including extending the maturity of convertible bonds and promissory notes to January 30, 2029[13] - The board believes that, considering the financial situation and measures in place, the company will have sufficient funds to meet its financial obligations over the next 12 months[14] Revenue Sources - For the fiscal year ending December 31, 2024, total revenue reached RMB 2,078,120,000, with property development contributing RMB 1,969,010,000 and property investment contributing RMB 109,110,000[20] - The company anticipates RMB 4,776,505,000 in property sales revenue for the fiscal year 2024, with RMB 2,284,780,000 expected within one year and RMB 2,152,831,000 expected within one to two years[22] - Rental income for the fiscal year 2024 is projected to be RMB 102,035,000, down from RMB 116,213,000 in 2023, reflecting a decrease of approximately 12%[24] - The company reported a total of RMB 1,976,085,000 in revenue from customer contracts for the fiscal year ending December 31, 2024, with RMB 1,969,010,000 from property development and RMB 7,075,000 from property investment[20] Operational Challenges - The company has a significant contract liability from property sales, with customers typically paying 30% to 100% of the contract value upon signing agreements[22] - The company has provided guarantees for mortgage financing from several banks, which may require repayment if customers default on their mortgage payments[22] - The company’s total liabilities and financial obligations are significant, impacting its overall financial health and future investment strategies[25] - The company closely monitors the payment status of accounts payable to ensure all payments are made within the credit schedule[48] Governance and Compliance - The audit committee has reviewed the financial statements for the year ending December 31, 2024, and believes that the accounting policies comply with current best practices in Hong Kong[108] - The board of directors is committed to maintaining effective governance practices, ensuring transparency and accountability to protect shareholder interests[105] - The company has adopted the standard code of conduct for securities trading by directors, confirming compliance by all directors during the reporting period[103] - The board will continue to monitor and review the company's governance practices to ensure compliance with listing rules and promote sustainable growth[107] Future Outlook - The company is focused on accelerating the pre-sale and sale of developed properties to generate sufficient cash inflow[13] - The company plans to continue monitoring segment performance and resource allocation across its divisions[29] - The group plans to adjust marketing strategies in response to policy changes and market cycles, focusing on accelerating sales and ensuring cash flow[73]

Group 1 - The company, China Sandi (00910.HK), expects a loss of approximately RMB 4.403 billion for the fiscal year ending December 31, 2024, compared to a loss of about RMB 422 million for the fiscal year ending December 31, 2023 [1] - The anticipated decline in performance is primarily due to the ongoing adverse macroeconomic environment in China and the sluggish real estate sector, which has led to a decrease in gross margins from property sales and rental income from investment properties [1] - The company also expects to incur a fair value loss of approximately RMB 4.334 billion on investment properties for the fiscal year ending December 31, 2024, attributed to macro-control measures in the industry and the continued downturn in the Chinese real estate market [1] Group 2 - As of January 23, 2026, China Sandi's stock closed at HKD 0.01, remaining unchanged from the previous trading day, with a trading volume of zero shares and a transaction amount of HKD 0.0 [1] - The company's market capitalization is HKD 71.2349 million, ranking 158th in the real estate development sector [1] - There has been low attention from investment banks regarding this stock, with no ratings provided in the past 90 days [1]

Group 1 - The company expects a loss of approximately RMB 44.03 billion for the fiscal year ending December 31, 2024, compared to a loss of about RMB 4.22 billion for the fiscal year ending December 31, 2023 [1] - The anticipated decline in performance is primarily due to the ongoing adverse macroeconomic environment in China and the sluggish real estate industry, which have led to a decrease in gross margins from property sales and rental income from investment properties [1] - The company also expects to incur a fair value loss of approximately RMB 43.34 billion on investment properties for the fiscal year ending December 31, 2024, attributed to macro regulatory measures and the continued downturn in the Chinese real estate market [1]

Core Viewpoint - China Sanding (00910.HK) announced that it will hold a board meeting on January 28, 2026, to approve the year-end performance for the fiscal year ending December 31, 2024, and to consider the distribution of a final dividend, if any [1] Group 1 - The board meeting is scheduled for January 28, 2026 [1] - The meeting will focus on approving the annual performance for the year ending December 31, 2024 [1] - The company will also consider the distribution of a final dividend during this meeting [1]

（ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號： 910） 香港交易及結算所有限公司以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任何聲明，並明確表示，概不會就因本公告全部或任何部分 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。 CHINA SANDI HOLDINGS LIMITED 中 國 三 迪 控 股 有 限 公 司 本公司股東及有意投資者於買賣本公司證券時務須謹慎行事，並避免不恰當地倚賴該等 資料。如有任何疑問，投資者應尋求專業人士或財務顧問的專業意見。 承董事會命 中國三迪控股有限公司 主席 盈利警告 本公告乃中國三迪控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯 合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及香港法例第571章證券及 期貨條例第XIVA部項下內幕消息條文（定義見上市規則）而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及本公司有意投資者， 根據本公司現有可得資料及初步審閱本集團截至二零二四年十二月三十一日止年度未經 審核綜合管理賬目，本集 ...

香港交易及結算所有限公司以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任何聲明，並明確表示概不會就因本公告全部或任何部分內 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。 CHINA SANDI HOLDINGS LIMITED 承董事會命 中國三迪控股有限公司 主席 郭加迪 香港，二零二六年一月二十三日 於本公告日期，董事會包括執行董事郭加迪先生及王超先生；非執行董事Amika Lan E Guo女士；以及獨立非執行董事廖亦意先生、余華秀女士及章建嬋女士。 中 國 三 迪 控 股 有 限 公 司 （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號： 910） 董事會會議日期 中國三迪控股有限公司（「本公司」）之董事會（「董事會」）謹此宣佈，本公司將於二零二六 年一月二十八日（星期三）舉行董事會會議，藉以（其中包括）批准本公司及其附屬公司截 至二零二四年十二月三十一日止年度之期末業績，並考慮派發末期股息（如有）。 ...

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，概不對因本公告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。 CHINA SANDI HOLDINGS LIMITED — 1 — 截至二零二四年十二月三十一日止年度之全年業績及截至二零二五年六月三十日止六個 月之中期業績 中 國 三 迪 控 股 有 限 公 司 （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號： 910） 復牌進度季度最新情況之 補充公告 本公告乃由中國三迪控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）根據上 市規則第13.09條及香港法例第571章證券及期貨條例第XIVA部項下之內幕消息條文而作出。 茲提述本公司日期為二零二六年一月八日的公告（「該公告」），內容有關復牌進度之季度 最新情況。除另有界定者外，本公告所用詞彙與該公告所界定者具有相同涵義。 復牌進度之最新情況 本公司謹此補充下列資料以說明履行復牌指引之進度。 根據審核工作的現階段進展，並於完成與核數師商定之所有未完成審核工作的情況下， 本公司現預期： ...