Financial Performance - For the year ended December 31, 2025, the company's revenue decreased to RMB 2,375,002 thousand, down 37.4% from RMB 3,797,932 thousand in 2024[7]. - The net loss for the year was RMB 596,058 thousand, a reduction of 58.4% compared to a net loss of RMB 1,431,163 thousand in 2024[7][8]. - The basic and diluted loss per share for the year was RMB 34.99, compared to RMB 72.80 in 2024[8]. - For the fiscal year ending December 31, 2025, the group reported a loss of approximately RMB 596,058,000 and a net cash outflow from operating activities of approximately RMB 100,230,000[13]. - The group reported a loss attributable to shareholders of RMB 611.9 million for 2025, compared to a loss of RMB 1,273.3 million in 2024[41]. - The company recorded a pre-tax loss of RMB 593,588 thousand for the year ended December 31, 2025[29]. Revenue Breakdown - Revenue from primary real estate agency services was RMB 124,529,000 in 2025, down from RMB 172,771,000 in 2024, representing a decline of approximately 28%[17]. - Revenue from real estate data and consulting services totaled RMB 279,461,000 in 2025, a decrease of about 15.1% from RMB 329,301,000 in 2024[17]. - Revenue from real estate brokerage network services plummeted by 82.6% from RMB 1,178.2 million in 2024 to RMB 205.0 million in 2025, mainly due to business contraction[45]. - Digital marketing services revenue declined by 16.4% from RMB 2,081.5 million in 2024 to RMB 1,739.2 million in 2025, primarily due to reduced e-commerce service income from commission vouchers[45]. - Other services revenue fell by 26.0% from RMB 36.2 million in 2024 to RMB 26.8 million in 2025, mainly from hotel management, conference services, and real estate education[46]. Cost Management - The company successfully reduced employee costs to RMB 393,034 thousand, down 36.8% from RMB 621,992 thousand in the previous year[7]. - The company reported a significant decrease in promotional expenses, which fell to RMB 1,553,699 thousand, down 15.5% from RMB 1,838,491 thousand in 2024[7]. - Distribution expenses dropped by 82.8% from RMB 1,116.0 million in 2024 to RMB 191.7 million in 2025, primarily due to reduced revenue from real estate brokerage services[54]. - Depreciation and amortization expenses fell by 53.6% from RMB 213.9 million in 2024 to RMB 99.2 million in 2025, mainly due to reduced amortization of intangible assets from property acquisitions and disposals[50]. Liquidity and Financial Position - As of December 31, 2025, total current assets were RMB 643,825 thousand, a decrease from RMB 1,060,869 thousand in 2024[9]. - The company faced substantial liquidity pressure, with total current liabilities amounting to RMB 9,871,955 thousand, slightly up from RMB 9,856,151 thousand in 2024[9]. - As of December 31, 2025, the group's net current liabilities and net liabilities were approximately RMB 9,228,130,000 and RMB 8,570,435,000, respectively, indicating significant uncertainty regarding the group's ability to continue as a going concern[13]. - Cash and cash equivalents decreased from RMB 321.8 million in 2024 to RMB 186.7 million in 2025, with cash primarily used for working capital and operational expenses[68]. - The company is implementing several plans and measures to improve its liquidity and financial condition, including a debt restructuring plan in the second half of 2026[88]. Debt and Restructuring - The company is actively working on debt restructuring, achieving 72.58% creditor support for the new restructuring plan as of February 27, 2026[5]. - The group plans to complete its debt restructuring by the second half of 2026, in collaboration with creditors and advisors[15]. - The restructuring plan has not received the support of 75% of creditors, and the Cayman Islands or Hong Kong High Court has not approved the plan[89]. - The management failed to provide sufficient details regarding the sale of Tang Dynasty Hotel, including sale price or agreements, leading to an inability to conclude on the sale's completion[89]. Operational Challenges - The company anticipates continued challenges in the operating environment for 2026, with uncertainty regarding the recovery of the real estate market[5]. - The company is actively addressing going concern issues and plans to complete restructuring by 2026[100]. - The audit firm could not obtain necessary audit evidence to conclude on the appropriateness of the going concern assumption for the financial statements[90]. Corporate Governance - The audit committee has been established to oversee financial reporting processes and internal control systems[92]. - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[94]. - The board did not recommend a final dividend for the year ending December 31, 2025[96].

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。 E-House (China) Enterprise Holdings Limited 易居（中國）企業控股有限公司 承董事會命 易居（中國）企業控股有限公司 主席 周忻 香港，2026年3月16日 於本公告日期，本公司董事會包括主席兼執行董事周忻先生；執行董事黃燦浩先 生、程立瀾博士及丁祖昱博士；非執行董事陳代平先生、周天鳳女士及徐文雅女 士；以及獨立非執行董事張磅先生、朱洪超先生、王力群先生及李勁先生。 （股份代號：2048） 董事會會議日期 易居（中國）企業控股有限公司（「本公司」，連同其附屬公司及併表附屬實體統稱 「本集團」）董事會（「董事會」）謹此公佈，董事會會議將於2026年3月26日（星期 四）舉行，藉以（其中包括）考慮及批准本集團截至2025年12月31日止年度之全年 業績及其發佈，並考慮建議派發末期股息（如有）。 （於開曼群島註冊成立的有限公司） ...

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2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 易居(中國)企業控股有限公司 呈交日期: 2026年3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) | 02048 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | FF301 ...

（於開曼群島註冊成立的有限公司） E-House (China) Enterprise Holdings Limited 易居（中國）企業控股有限公司 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。 本公告僅作資料用途，並不構成在美國或任何其他司法權區（根據其證券法未經登記或符合資 格前提呈證券要約、徵求或出售即屬違法的任何該等司法權區）提呈出售要約或收購、購買或 認購任何證券要約的遊說。 本公告或其任何內容亦不構成任何合約或承諾之基礎。本公告或其任何副本不可攜入美國或其 他司法權區，或於美國或其他司法權區分發（根據其證券法未經登記或符合資格前提呈證券要 約、徵求或出售即屬違法的任何該等司法權區）。本公告所述證券概無且將不會根據1933年美 國證券法（經修訂）（「美國證券法」）或任何其他司法權區的證券法登記，且除根據美國證券法的 登記規定獲豁免或不受美國證券法所規限的交易外，亦不得在美國境內發售或出售。於美國公 開發售任何證券將以招股章程的方式進行， ...

致：香港交易及結算所有限公司 公司名稱: 易居(中國)企業控股有限公司 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) | 02048 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | 本月底法定/註冊股本總額： USD 50,000 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: ...

Core Viewpoint - E-House (02048) disclosed its latest shareholder equity on February 2, 2026, indicating changes in institutional holdings [1] Group 1: Shareholder Changes - Central Sino Global Limited reduced its holdings in E-House from 106 million shares to 104 million shares, representing a holding percentage of 5.96% [2] - The previous holding percentage for Central Sino Global Limited was 6.04% [2]

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，並明確表示概不就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。 E-House (China) Enterprise Holdings Limited 易居（中國）企業控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2048） 1 北京樂居對本集團的收入貢獻持續下降，並預計於截至2025年12月31日止年度進 一步下降。此外，樂居的電子商務業務及網上廣告業務在過去數年已大幅減少。 基於上述情況，董事會預計，終止北京樂居合約安排且終止綜合入賬北京樂居及 樂居好房（為北京樂居的附屬公司）將不會對本公司的營運或財務狀況產生重大影 響。 承董事會命 易居（中國）企業控股有限公司 主席 周忻 香港，2026年1月30日 補充公告 茲提述易居（中國）企業控股有限公司（「本公司」，連同其附屬公司及併表聯屬實 體，統稱「本集團」）日期為2026年1月19日的公告，內容有關終止北京樂居合約 安排（「該公告」）。除文義另有所指外，本公告所用詞彙與該公告所界定者具有相 同涵義。 ...

（股份代號：2048） 內幕消息 延長不可撤銷重組支持邀請 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。 本公告僅作資料用途，並不構成在美國或任何其他司法權區（根據其證券法未經登記或符合資 格前提呈證券要約、徵求或出售即屬違法的任何該等司法權區）提呈出售要約或收購、購買或 認購任何證券要約的遊說。 本公告或其任何內容亦不構成任何合約或承諾之基礎。本公告或其任何副本不可攜入美國或其 他司法權區，或於美國或其他司法權區分發（根據其證券法未經登記或符合資格前提呈證券要 約、徵求或出售即屬違法的任何該等司法權區）。本公告所述證券概無且將不會根據1933年美 國證券法（經修訂）（「美國證券法」）或任何其他司法權區的證券法登記，且除根據美國證券法的 登記規定獲豁免或不受美國證券法所規限的交易外，亦不得在美國境內發售或出售。於美國公 開發售任何證券將以招股章程的方式進行，而招股章程須載有關於提呈發售的公司以及其管理 層及財務報表的詳細資料。本公司無意在美國公開發 ...

Core Viewpoint - The company, E-House (02048), announced the acquisition of a majority stake in Leju Holdings, which has been significantly impacted by the downturn in the Chinese real estate market, leading to a substantial decline in its contribution to the group's business [1] Group 1: Acquisition Details - E-House has decided to terminate the contractual arrangement with Beijing Leju due to the latter's diminished operational contribution, particularly in e-commerce and online advertising services [1] - The termination of the agreement is deemed to be in the best interest of the company and its shareholders [1] Group 2: Financial Impact - As of the announcement date, the financial performance of Beijing Leju and its subsidiary, Leju Haofang, will no longer be consolidated into the group's financial results [1] - The cessation of the contract means that Beijing Leju and Leju Haofang are no longer considered as consolidated entities within the group [1] Group 3: Business Operations - The online advertising business and e-commerce operations of Leju have seen a significant reduction, particularly the sales of discount coupons to potential real estate buyers [1] - The online advertising revenue has also decreased substantially, primarily managed by Beijing Jiajv [1]

Core Viewpoint - The company, E-House Enterprise Holdings (02048), announced the acquisition of a majority stake in Leju Holdings Limited, which has been significantly impacted by the downturn in the Chinese real estate industry, leading to a substantial decline in its contribution to the group's business [1] Group 1: Company Actions - The company decided to terminate the contractual arrangement with Beijing Leju, as it no longer serves the best interests of the company and its shareholders due to the declining performance of Leju's online advertising and e-commerce business [1] - As of the announcement date, the contractual arrangement with Beijing Leju has been terminated, resulting in Beijing Leju and Leju Good House no longer being consolidated entities within the group's financial performance [1] Group 2: Business Impact - Leju has significantly halted its e-commerce business related to selling discount coupons to potential real estate buyers, and its online advertising revenue has also decreased substantially [1] - The financial performance of Beijing Leju and Leju Good House will no longer be included in the group's financial results, indicating a strategic shift in the company's operational focus [1]