Core Viewpoint - Sunac China Holdings Limited has received overwhelming support for its offshore debt restructuring plan, with 98.5% of creditors voting in favor, indicating strong confidence in the company's recovery [1][2]. Group 1: Debt Restructuring Details - A total of 1,492 creditors participated in the vote, with 1,469 supporting the restructuring plan, which corresponds to a debt support rate of 94.5% [1]. - The restructuring plan has surpassed the required 75% threshold for court approval, with a hearing scheduled for November 5 in the Hong Kong High Court [1]. - The successful restructuring could position Sunac as the first large real estate company to effectively clear its offshore debt [2]. Group 2: Industry Context - Since the third quarter of this year, approximately 15 real estate companies have reported progress in their debt restructuring efforts, including CIFI Group and Kaisa Group [1]. - The market has seen a shift in creditor attitudes, with many preferring restructuring over bankruptcy due to the prolonged market adjustments and the challenges of debt repayment [2]. - Recent favorable policies in the real estate sector, such as financing coordination mechanisms and relaxed conditions for public REITs, have somewhat alleviated liquidity pressures for real estate companies [2].

Core Viewpoint - Sunac China Holdings Limited has received overwhelming support for its offshore debt restructuring plan, with 98.5% of creditors voting in favor, indicating strong confidence in the company's recovery [1][2]. Group 1: Debt Restructuring Progress - A total of 1,492 creditors participated in the vote, with 1,469 supporting the restructuring plan, which corresponds to a debt amount support rate of 94.5% [1]. - The restructuring plan has surpassed the required 75% threshold for court approval, with a hearing scheduled for November 5 by the Hong Kong High Court [1]. - The successful restructuring could position Sunac as the first large real estate company to effectively clear its offshore debt, potentially influencing the industry significantly [2]. Group 2: Industry Context and Trends - Since the third quarter of this year, approximately 15 real estate companies have reported progress in their debt restructuring efforts, including CIFI Group and Kaisa Group [1]. - The market has seen a shift in creditor attitudes, with many preferring restructuring over bankruptcy due to the prolonged market adjustments and the challenges of debt repayment [2]. - Analysts note that while favorable policies have emerged to alleviate liquidity pressures for real estate companies, financing remains concentrated among leading firms, necessitating faster policy implementation and market-driven debt restructuring for distressed companies [2].

今年三季度以来，约有15家房企的债务重组、重整传出新进展，其中融创境外债重组方案因创新性突出 而备受关注。其重组方案通过全额债转股、股权结构稳定计划、团队稳定计划等安排，既能立足经营角 度帮助企业走出债务困境，又兼顾了债权人的权益和流动性诉求，为公司经营与债权人实现双赢局面提 供了可行路径。 未来，伴随重组方案最终落地，融创将成为首家境外债基本清"零"的大型房企，加速回归健康发展轨 道，其创新化债模式与高效执行力也为房企化解债务风险、实现可持续经营提供了重要范例，对行业具 有深远影响。 本报讯(记者陈潇)10月14日，融创中国控股有限公司(以下简称"融创")发布公告，在当日举行的境外债 重组计划会议中，合计共有1492名债权人投票，其中1469名债权人投票赞成重组计划，赞成票人数占比 达98.5%，对应债务金额支持率94.5%。至此，融创境外债重组方案已赢得所需大多数计划债权人批 准，高票数更显示出债权人对重组方案的充分认可，对公司经营恢复的充足信心。 鉴于本次表决结果远超75%金额门槛，已满足法院批准的核心要求，方案随之将迎来法院批准流程。公 告明确，香港高等法院将于11月5日举行聆讯，对其重组方案作出最终 ...

10月14日晚间，融创中国（01918.HK，股价1.55港元，市值177.78亿港元）公告称，在当日举行的境外债重组计划会议中，合计共有1492名债权人投票，其 中1469名债权人投票赞成重组计划，赞成票人数占比达98.5%，对应债务金额支持率94.5%。至此，融创境外债重组方案已赢得所需大多数计划债权人批 准。 图片来源：创融中国公告 鉴于本次表决结果远超75%金额门槛，已满足法院批准的核心要求，方案随之将迎来法院批准流程。公告明确，香港高等法院将于11月5日举行聆讯，对其 重组方案作出最终裁决。这意味着，融创境外债重组方案距离彻底完成仅有一步之遥。 《每日经济新闻》记者注意到，今年三季度以来，约有15家房企的债务重组、重整传出新进展。 （文章来源：每日经济新闻） ...

年三季度以来，约有15家房企的债务重组、重整传出新进展，其中融创境外债重组方案因创新性突出而 备受关注。其重组方案通过全额债转股、股权结构稳定计划、团队稳定计划等安排，既能立足经营角度 帮助企业走出债务困境，又兼顾了债权人的权益和流动性诉求，为公司经营与债权人实现双赢局面提供 了可行路径。 根据要求，本次表决结果远超75%金额门槛，已满足法院批准的核心要求，方案随之将迎来法院批准流 程。公告明确，香港高等法院将于11月5日举行聆讯，对其重组方案作出最终裁决。这意味着，融创境 外债重组方案距离彻底完成，仅有一步之遥。 10月14日，融创中国控股有限公司发布公告，在当日举行的境外债重组计划会议中，合计共有1492名债 权人投票，其中1469名债权人投票赞成重组计划，赞成票人数占比达98.5%，对应债务金额支持率 94.5%。 ...

鉴于本次表决结果远超75%金额门槛，已满足法院批准的核心要求，方案随之将迎来法院批准流程。公 告明确，香港高等法院将于11月5日举行聆讯，对其重组方案作出最终裁决。 北京商报讯（记者 王寅浩 李晗）10月14日，融创中国发布公告称，在10月14日举行的境外债重组计划 会议中，合计共有1492名债权人投票，其中1469名债权人投票赞成重组计划，赞成票人数占比达 98.5%，对应债务金额支持率94.5%。至此，融创境外债重组方案已赢得所需大多数计划债权人批准。 ...

Core Viewpoint - Sunac China has successfully gained the necessary majority approval from its creditors for its offshore debt restructuring plan, with a significant majority of 98.5% of voting creditors in favor, indicating strong support for the plan [1] Group 1: Debt Restructuring Details - A total of 1,492 creditors participated in the voting process for the debt restructuring plan [1] - Out of the total, 1,469 creditors voted in favor of the restructuring, representing a support rate of 98.5% [1] - The corresponding debt amount that received support stands at 94.5% [1] Group 2: Next Steps - The Hong Kong High Court is scheduled to hold a hearing on November 5 to make a final ruling on the restructuring plan [1] - The successful completion of the restructuring would position Sunac as the first large real estate company to effectively clear its offshore debt [1]

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份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。 本公告及其任何副本概不得直接或間接在美國，或在刊發或派發本公告屬違法的任何其他司法權區刊 發或派發。 本公告並不構成於美國或任何其他未有根據任何有關司法權區證券法例登記或合資格前作出有關提 呈、要約或出售則屬不合法的司法權區提呈出售或提呈購買任何證券的要約。倘無登記或獲適用豁免 登記規定，證券不得在美國提呈或出售。於美國公開發售任何證券將須以招股章程形式作出。該招股 章程將載有進行提呈發售的公司以及其管理層及財務報表的詳細資料。本公司並無計劃在美國公開發 售任何證券。 SUNAC CHINA HOLDINGS LIMITED 融創中國控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：01918） 境外債務重組進展 計劃會議結果 茲提述融創中國控股有限公司（「本公司」）日期為2025年4月17日、2025年5月13日、 2025年5月26日、2025年6月6日、2025年6月24日、2025年8 ...

Sales Performance - In the first nine months of 2025, the total sales amount of the top 30 real estate companies in Beijing reached 257.34 billion yuan, with China Overseas Land & Investment, Yuexiu Property, and China Resources Land leading the sales at 31.08 billion yuan, 21.25 billion yuan, and 20.53 billion yuan respectively [10] - The total sales area for the top 30 companies was 4.796 million square meters, with China Overseas Land & Investment, China Resources Land, and Shoukai Co., Ltd. achieving sales areas of 430,000 square meters, 340,000 square meters, and 333,000 square meters respectively [10] Policy Changes - The annual adjustment policy for Beijing's housing provident fund has been implemented, maintaining a contribution rate between 5% and 12%, with the upper limit for monthly contributions adjusted to 35,811 yuan and the lower limit to 2,540 yuan [10] Market Activity - In September, Beijing recorded 3,556 new housing contracts, showing a month-on-month increase of 9.9% and a year-on-year increase of 13.4%. The second-hand housing market saw 15,829 contracts, with month-on-month and year-on-year increases of 24.8% and 18.7% respectively [10] - The top-selling project in September was the Zhongjian Yunhe Jiuyuan, which achieved a sales amount of 3.568 billion yuan and a sales area of 58,000 square meters, topping both the sales amount and area rankings [10] Land Market - In September, four residential land plots were successfully auctioned in Beijing, with the Chaoyang District Sun Palace plot sold at a premium rate of 39.18%. The plot attracted nine bidders and was ultimately won by China Construction Intelligence with a total price of 4.3145 billion yuan and a floor price of 85,331 yuan per square meter [11]

天眼查法律诉讼信息显示，10月11日至13日，融创房地产集团有限公司新增4条被执行人和恢复执行信 息，执行标的合计14.9亿余元，部分案件被执行人还包括南宁融创基业房地产开发有限公司、天津融创 元浩詈业有限公司等，执行法院包括河南省郑州市中级人民法院、浙江省杭州市中级人民法院等。 风险信息显示，融创房地产集团有限公司现存240余条被执行人信息，被执行总金额超389亿元，此外， 该公司还存在多条限制消费令、失信被执行人及终本案件信息。 ...