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: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 融創服務控股有限公司 呈交日期: 2025年12月1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) | 01516 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | | 100,000,000 | 本月底法 ...

致：香港交易及結算所有限公司 公司名稱: 融創服務控股有限公司 呈交日期: 2025年11月3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) | 01516 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | | 100,000,000 | 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: 2025年10月31日 狀態: 新提交 本月底法 ...

Core Viewpoint - The "Rong You Future" public welfare project, launched by Sunac Services in collaboration with the China Children and Teenagers' Fund, aims to enhance community safety and resilience by transforming safety from a general need into a specific capability for each household [1][4][9] Group 1: Family Unit Role Restructuring - Sunac Services believes that families are the cornerstone of community safety systems, focusing on family fire safety, hazard self-checks, and self-rescue skills through the "Safe Family Challenge" activity [1] - The initiative employs a dual-mode approach of "large research + small research" to effectively cover different groups, allowing families to engage with local resources and learn practical safety skills [1] Group 2: Community Safety System Enhancement - The "Rong You Future" project aims to build an endogenous and self-driven safety system, moving away from traditional reliance on hardware and external rescue [4] - Sunac Services is expanding the "Rong You Station" network to enhance emergency material coverage and upgrading frontline property staff from "emergency rescuers" to "safety communicators" [4] - Employees are being trained to obtain American Heart Association (AHA) certification, integrating international standards of emergency response into the community [4] Group 3: Community Building and Public Spirit Awakening - Sunac Services is constructing a multi-participant community co-construction ecosystem through the "Rong You Future" platform, moving beyond traditional safety management [7] - The "Rong Guang Volunteer Team," established in 2023, has gathered nearly a thousand volunteers to engage in community activities, such as environmental protection and support for underprivileged children [7] - These initiatives foster closer neighborly relationships and cultivate a valuable community welfare atmosphere, making safety a shared responsibility [7] Group 4: Future Directions - Sunac Services aims to deepen the multi-party governance model and gather strength through more open platforms and solid actions to integrate safety into daily life [9] - The company envisions a future where safety becomes a natural habit and community warmth is a fundamental aspect of a happy life [9]

Core Insights - The property service industry is undergoing a deep adjustment period due to multiple pressures, including stagnant growth, declining revenue growth below 5%, profit decline, and increasing cash flow pressure since 2025 [1] C-end Market - The trend of "changing property management" is accelerating, with an increase in homeowners' willingness to switch and faster establishment of homeowners' committees [2] - Companies are facing increased operational pressure, leading to a significant number of proactive withdrawals from projects, with nearly 50 projects publicly disclosed as withdrawn between July and August 2025 [3][5] - The withdrawal of property management services is a common trend, with 35 listed property service companies exiting over 800 million square meters of managed area from 2023 to mid-2025, with 40% of companies withdrawing over 10 million square meters [5] - The acceleration of property management changes reflects issues such as service opacity and trust deficits, prompting companies to explore "transparent products," "flexible pricing," and "trust management" [7] - There are structural opportunities in the C-end market, particularly in the silver economy and pet economy, with significant demographic shifts expected by 2035 [7] B-end Market - The survival pressure on clients (B-end) is increasing, forcing property companies to enhance service efficiency and optimize operational models while maintaining service quality [9] - There is a notable trend of outsourcing to self-operated services, particularly in green plant services, driven by cost control needs [9] - Structural opportunities exist in energy management and space management, with growth rates of 11% and 12% respectively in 2025 [11] - Leading companies are focusing on new growth areas such as TMT, high-end manufacturing, and biomedicine, with significant project wins in these sectors [14] G-end Market - The G-end market shows significant differentiation, with hospitals, parks, and venues being key areas for property service companies [17] - Over 70% of top property companies have entered the hospital service sector, driven by ongoing healthcare reforms [17] - The number of parks and venues is rapidly increasing, with 28,000 parks and 4.84 million venues projected by 2024 [21] - Leading companies are adapting to industry changes by focusing on high-quality projects in first- and second-tier cities, optimizing client structures, and enhancing service standardization and branding [22]

Core Insights - The article highlights the top short-selling stocks in the market, indicating significant investor sentiment and potential market movements [1][2][3] Short Selling Ratios - The highest short-selling ratios are observed in Li Ning-R and Great Wall Motors-R, both at 100.00%, followed by Hang Seng Bank-R at 82.27% [1][2] - Other notable stocks with high short-selling ratios include Hong Kong Exchanges-R at 80.09% and Baidu Group-SWR at 75.91% [2] Short Selling Amounts - Alibaba-SW leads in short-selling amount with 1.698 billion, followed by Tencent Holdings at 1.369 billion and Zijin Mining at 1.051 billion [3] - Other significant short-selling amounts include Meituan-W at 1.029 billion and Xiaomi Group-W at 0.952 billion [3] Deviation Values - The highest deviation values are recorded for Mao Ge Ping at 45.59%, followed by an unnamed stock at 43.36% and Greentown China at 41.28% [1][3] - Other stocks with notable deviation values include Baidu Group-SWR at 41.16% and Sunshine Insurance at 41.10% [3]

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: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 融創服務控股有限公司 呈交日期: 2025年10月2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) | 01516 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 HKD | | | 100,000,000 | 第 2 頁 ...

Summary of Key Points Core Viewpoint - The report highlights the top short-selling stocks in the market, indicating significant investor sentiment and potential volatility in these companies' stock prices [1][2]. Group 1: Top Short-Selling Ratios - China Resources Beer (80291) and Anta Sports (82020) both have a short-selling ratio of 100.00%, indicating complete short interest [1][2]. - Lenovo Group (80992) has a short-selling ratio of 72.39%, suggesting a notable level of bearish sentiment among investors [1][2]. Group 2: Top Short-Selling Amounts - Alibaba (09988) leads with a short-selling amount of 5.5 billion, followed by Xiaomi (01810) at 3.305 billion and Tencent Holdings (00700) at 2.414 billion [2]. - The significant short-selling amounts for these companies may reflect concerns about their future performance or market conditions [2]. Group 3: Top Short-Selling Deviations - COSCO Shipping International (00517) has the highest deviation at 36.57%, indicating a substantial difference between its current short-selling ratio and its average over the past 30 days [1][2]. - China Resources Beer (80291) follows with a deviation of 32.83%, suggesting heightened short-selling activity compared to its historical average [1][2].

路鹏先生因需更多时间专注于融创集团其他业务，已提请辞任公司非执行董事，自2025年9月26日起生 效。 智通财经APP讯，融创服务(01516)发布公告，黄晓欧先生获委任为执行董事，自2025年9月26日起生 效。 ...

路鹏先生因需更多时间专注于融创集团其他业务，已提请辞任公司非执行董事，自2025年9月26日起生 效。 融创服务(01516)发布公告，黄晓欧先生获委任为执行董事，自2025年9月26日起生效。 ...

Group 1 - The core point of the article is the appointment of Huang Xiaoou as an executive director of Sunac Services, effective from September 26, 2025 [1] Group 2 - The announcement was made by Sunac Services on September 26 [1]