重组方案拟向适用范围内债务的持有人╱贷款人(统称"计划债权人")提供两(2)项经济选项方案，使其适 用范围内债务转换为下列形式：(i) 选项一：计划债权人每持有100美元适用范围内债务本金额，若选择 及╱或获分配至选项一，其中0.87美元将转换为现金，29.0美元将转换为零息可交换票据(ALC票据)， 该票据将享有位于香港鸭脷洲的物业发展项目的经济利益(ALC项目)，20.0美元将转换为与选项二条款 相同的零息强制可转换债券(MCB)，而其余本金额将全数註销。可分配至选项一的适用範围内债务本金 额最高为13.8亿美元;及 (ii) 选项二：由选择及╱或获分配至选项二的计划债权人持有的适用范围内债务本金额的100.0%将转换 为MCB。MCB持有人可自愿按每股 1.55港元的转换价，将其MCB转换为公司新发行股份。所有未偿还 的MCB将于到期日(即重组生效日期后两年当日)转换为公司新发行股份，惟倘若干中止事件发生则将导 致强制转换中止。 为维持股权结构稳定，重组条款要求计划债权人指示计划债权人应占的每 100美元本金额的MCB(选项 一与选项二均适用)中，27美元的该等MCB将发行予公司主席。 合景泰富集团(0 ...

【财华社讯】合景泰富集团(01813.HK)公布，已与票据持有人小组就一项全面的重组方案主要条款达成 原则性协议，惟须待与票据持有人小组进一步磋商并协定最终条款及文件。重组方案涉及公司境外债 务，包括39.5亿美元优先票据、3.8亿美元银团贷款，以及公司所借或担保的3.34亿美元若干其他贷款融 资项下的债务。 根据公司现有可得的资料，组成票据持有人小组的成员共同持有或控制适用范围内债务超过25.8%的未 偿还本金总额，此为公司实施重组的重要里程碑。 公司拟在香港透过协议安排计划，并在公司及其顾问认为必要时，透过公司与票据持有人小组大多数成 员以实施重组为主要目的所协定的任何其他公司行动、法律程序或其他程序或步骤实施重组。协议安排 计划为一项法定机制，其允许相关法院批准经相关类别债权人投票通过并获所需大多数票批准的"债务 和解或债务安排"。其并非一项破产程序。 【财华社讯】合景泰富集团(01813.HK)公布，已与票据持有人小组就一项全面的重组方案主要条款达成 原则性协议，惟须待与票据持有人小组进一步磋商并协定最终条款及文件。重组方案涉及公司境外债 务，包括39.5亿美元优先票据、3.8亿美元银团贷款，以及公司 ...

格隆汇2月23日丨合景泰富在港交所公告，本公司欣然宣布，其已与票据持有人小组就一项全面的重组 方案之主要条款达成原则性协议，惟须待与票据持有人小组进一步磋商并协定最终条款及文件。 ...

重组方案拟向适用范围内债务的持有人╱贷款人(统称"计划债权人")提供两(2)项经济选项方案，使其适 用范围内债务转换为下列形式：(i) 选项一：计划债权人每持有100美元适用范围内债务本金额，若选择 及╱或获分配至选项一，其中0.87美元将转换为现金，29.0美元将转换为零息可交换票据(ALC票据)， 该票据将享有位于香港鸭脷洲的物业发展项目的经济利益(ALC项目)，20.0美元将转换为与选项二条款 相同的零息强制可转换债券(MCB)，而其余本金额将全数註销。可分配至选项一的适用範围内债务本金 额最高为13.8亿美元;及 (ii) 选项二：由选择及╱或获分配至选项二的计划债权人持有的适用范围内债务本金额的100.0%将转换 为MCB。MCB持有人可自愿按每股 1.55港元的转换价，将其MCB转换为公司新发行股份。所有未偿还 的MCB将于到期日(即重组生效日期后两年当日)转换为公司新发行股份，惟倘若干中止事件发生则将导 致强制转换中止。 为维持股权结构稳定，重组条款要求计划债权人指示计划债权人应占的每 100美元本金额的MCB(选项 一与选项二均适用)中，27美元的该等MCB将发行予公司主席。 智通财经APP讯 ...

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，概不對因本公告全部或任何 部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 KWG GROUP HOLDINGS LIMITED 合景泰富集團控股有限公司 （於開曼群島註冊成立的有限公司） 本公司謹此向市場提供有關其境外債務重組（「重組」）之重大進展的最新消息。 1. 重組之重大進展 過去數月，本公司與票據持有人小組（「票據持有人小組」）之成員連同其各 自之顧問進行建設性溝通，制定協商一致的重組。 – 1 – 本公司欣然宣佈，其已與票據持有人小組就一項全面的重組方案（「重組方 案」）之主要條款達成原則性協議，惟須待與票據持有人小組進一步磋商並 協定最終條款及文件。根據本公司現有可得的資料，組成票據持有人小組 的成員共同持有或控制適用範圍內債務（定義見下文）超過25.8%的未償還 本金總額。此為本公司實施重組的重要里程碑，本公司謹此對票據持有人 小組及其顧問於本公司持續進程中之持續支持及參與表示感謝。 2. 重組之實施 （股份代號：1813及債務股份代號：40683及40117） ...

Market Overview - The Hang Seng Index opened down 0.25% at 26,501.2 points, while the Hang Seng Tech Index fell 0.19% to 5,350.25 points, and the National Enterprises Index decreased by 0.08% to 9,025.6 points [1] - Major tech stocks experienced declines, with Alibaba down 1.8%, Tencent down 0.38%, and JD.com down 0.85%. However, Netease saw an increase of 1.83% [3][4] Industry Insights - Huatai Securities reported that the Hong Kong market experienced fluctuations last week, driven by global "reflation" trades and upgrades in AI domestic applications, leading to rebounds in resource products and certain software sectors. However, concerns over the intensifying competition among e-commerce giants suppressed the performance of heavyweight stocks [3] - The market remains volatile, with key factors influencing it being US stock performance, consumer activity during the Spring Festival, and advancements in AI technology [3] Regulatory News - The State Administration for Market Regulation held discussions with major platform companies including Alibaba, Douyin, Baidu, Tencent, JD.com, Meituan, and Taobao, emphasizing compliance with various laws and regulations to enhance promotional practices [5] Company Developments - Qunhe Technology received approval from the China Securities Regulatory Commission for overseas issuance and listing, planning to issue up to approximately 312 million shares in Hong Kong, marking a significant step for the company [6] - China Merchants Energy signed shipbuilding contracts for one ethylene ship and eighteen oil tankers, totaling RMB 7.882 billion [7] - China Shenhua reported coal sales of 33.2 million tons in January, a year-on-year increase of 9.9%, and total electricity sales of 20.96 billion kWh, up 34.4% year-on-year [7] - China Southern Airlines saw a 1.1% decrease in passenger capacity and a 2.86% decline in passenger turnover in January, with a seat load factor of 83.26%, down 1.51 percentage points year-on-year [7] - China Eastern Airlines reported a 3.54% decrease in passenger capacity and a 1.03% decline in passenger turnover, with a seat load factor of 85.01%, up 2.16 percentage points year-on-year [7] - Huizhong Network completed the acquisition of a 25% stake in Jintongling, advancing its "production and sales integration" strategy [7] Performance Metrics - China General Nuclear Power completed 1,647.8 GWh of electricity generation in January, a year-on-year increase of 7.9% [8] - R&F Properties reported a contract sales revenue of approximately RMB 720 million in January, down 8.05% year-on-year [9] - Hopson Development Group recorded a contract sales amount of approximately RMB 591 million in January, a year-on-year increase of 24.95% [10] - Kaisa Group reported contract sales of RMB 325 million in January, down 35.3% year-on-year [11] - Jianye Real Estate reported contract sales of RMB 398 million in January, a year-on-year decrease of 31.1% [12] - Shanghai Fudan projected total revenue of approximately RMB 3.982 billion for 2025, a year-on-year increase of 10.92%, but a net profit decrease of 59.42% [12] - Ruian Real Estate issued a profit warning, expecting a net loss of between RMB 1.7 billion and 1.8 billion for the 2025 fiscal year [12]

Company News - China Power (02380.HK) signed three independent general contracting agreements with State Nuclear Power Technology Corporation and Shandong Institute, involving a total investment of 768 million yuan [1] - Huitongda Network (09878.HK) completed the acquisition of a 25% stake in Jintongling (300091.SZ), accelerating the implementation of its "integrated production and sales" strategy [1] - CGN New Energy (01811.HK) reported a power generation of 1,647.8 GWh in January, an increase of 7.9% year-on-year [1] - R&F Properties (02777.HK) recorded a contract sales revenue of approximately 720 million yuan in January, a decrease of 8.05% year-on-year [1] - Hopson Development (00754.HK) reported a contract sales amount of approximately 591 million yuan in January, an increase of 24.95% year-on-year [1] - Aoyuan Group (01813.HK) reported contract sales of 325 million yuan in January, a decrease of 35.3% year-on-year [1] - Jianye Real Estate (00832.HK) reported a contract sales amount of 398 million yuan in January, a decrease of 31.1% year-on-year [1] Financial Performance - Shanghai Fudan (01385.HK) projected total revenue of approximately 3.982 billion yuan for 2025, a year-on-year increase of 10.92%, while net profit is expected to be around 232 million yuan, a decrease of 59.42% year-on-year [2] - Ruian Real Estate (00272.HK) issued a profit warning, expecting a net loss attributable to shareholders between 1.7 billion yuan and 1.8 billion yuan for the 2025 fiscal year [2] - YTO Express (06123.HK) issued a profit warning, anticipating a net loss of approximately 145 million to 154 million HKD for the 2025 fiscal year [3] - Baisheng Group (03368.HK) issued a profit warning, expecting a net loss attributable to shareholders of approximately 186 million yuan for the 2025 fiscal year [3] - IFBH (06603.HK) expects a year-on-year decrease in net profit of approximately 27% to 32% for 2025 [4] Strategic Developments - Yingxing Holdings (01440.HK) is exploring the establishment of its AI infrastructure and Software as a Service (SaaS) capabilities to support its AI-driven business plans [5] - Yinger International (08379.HK) has decided to focus on new business in artificial intelligence and industrial digital transformation, concentrating on technology research and commercial applications in the field of digital finance [5] - Samsonite (01910.HK) is seeking shareholder approval for a dual listing share issuance authorization [5] Buyback Activities - Xiaomi Group-W (01810.HK) repurchased 2.7 million shares for a total of approximately 98.36 million HKD, with a buyback price ranging from 36.30 to 36.48 HKD [6] - Geely Automobile (00175.HK) repurchased 1.595 million shares for approximately 26.91 million HKD, with a buyback price ranging from 16.71 to 16.98 HKD [6] - NetEase Cloud Music (09899.HK) repurchased 92,000 shares for approximately 14.96 million HKD, with a buyback price ranging from 160.3 to 166.5 HKD [6] - Kingsoft (03888.HK) repurchased 725,000 shares for approximately 19.99 million HKD, with a buyback price ranging from 27.38 to 27.76 HKD [6] Industry Performance - China Shenhua (01088.HK) reported coal sales of 33.2 million tons in January, an increase of 9.9% year-on-year, and total electricity sales of 20.96 billion kWh, an increase of 34.4% year-on-year [7] - China Southern Airlines (01055.HK) reported a year-on-year decrease of 1.10% in passenger capacity input and a decrease of 2.86% in passenger turnover, with a seat occupancy rate of 83.26%, down 1.51 percentage points year-on-year [7] - China Eastern Airlines (00670.HK) reported a year-on-year decrease of 3.54% in passenger capacity input and a decrease of 1.03% in passenger turnover, with a seat occupancy rate of 85.01%, up 2.16 percentage points year-on-year [7]

2月13日，合景泰富集团在港交所公告，2026年1月，集团及其合营企业及联营公司之预售额为人民币 3.25亿元，与去年同期相比减少35.3%。集团及其合营企业及联营公司之预售建筑面积约为10,600平方 米，与去年同期相比减少10.9%。 ...

合景泰富集团(01813)发布公告，2026年1月，本集团及其合营企业及联营公司的预售额为人民币3.25亿 元，与去年同期相比减少35.3%。本集团及其合营企业及联营公司的预售建筑面积约为1.06万平方米， 与去年同期相比减少10.9%。 ...

智通财经APP讯，合景泰富集团(01813)发布公告，2026年1月，本集团及其合营企业及联营公司的预售 额为人民币3.25亿元，与去年同期相比减少35.3%。本集团及其合营企业及联营公司的预售建筑面积约 为1.06万平方米，与去年同期相比减少10.9%。 ...