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。 Desun Real Estate Investment Services Group Co., Ltd. 德商產投服務集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2270） 有關抵銷協議的關連交易 抵銷協議 於2026年3月31日（交易時段後），本公司全資附屬公司成都德商與榮和置業訂立 抵銷協議，據此，成都德商同意收購而榮和置業同意出售該等物業，物業代價為 人民幣3,691,863.00元，該筆代價將由榮和置業欠付成都德商的金額為人民幣 3,336,711.60元的應收款項按等額基準抵銷。於前述抵銷後，成都德商仍須向榮 和置業支付物業代價結餘為人民幣355,151.40元。成都德商與榮和置業進一步同 意，該結餘將由成都德商以榮和置業根據榮和置業及成都德商所訂立的相關物業 管理服務合約所產生而應付成都德商的任何應收款項繼續抵銷，有關抵銷須於抵 銷協議日期起計三個月內完成。 上市規則之涵義 ...

Financial Performance - Total revenue for the year ended December 31, 2025, increased by 7.7% to RMB 488.4 million from RMB 453.5 million for the year ended December 31, 2024[3]. - Profit after tax for the year ended December 31, 2025, rose by 7.4% to RMB 40.7 million compared to RMB 37.9 million for the year ended December 31, 2024[3]. - Basic earnings per share attributable to equity holders for the year ended December 31, 2025, was RMB 6.02 cents, down from RMB 6.51 cents in 2024[5]. - Diluted earnings per share attributable to equity holders for the year ended December 31, 2025, was RMB 5.72 cents, compared to RMB 6.48 cents in 2024[5]. - Gross profit for the year ended December 31, 2025, was RMB 105.7 million, an increase from RMB 99.8 million in 2024[5]. - Contract revenue with customers for 2025 reached RMB 432,612,000, an increase of 9.3% from RMB 395,667,000 in 2024[29]. - Property management services and other value-added services generated revenue of RMB 319,529,000 in 2025, up 17.5% from RMB 272,154,000 in 2024[30]. - The company's profit before tax for 2025 was impacted by service costs of RMB 378,028,000, compared to RMB 343,681,000 in 2024[33]. - The income tax expense for 2025 was RMB 7,482,000, an increase from RMB 6,377,000 in 2024[34]. - Basic earnings per share for 2025 decreased to RMB 33,361,000 from RMB 37,014,000 in 2024, reflecting a decline of 10.0%[39]. - Net profit for the reporting period increased by 7.4% to RMB 40.7 million for the year ending December 31, 2025, from RMB 37.9 million for the year ending December 31, 2024, while the net profit margin decreased from 8.4% to 8.3%[82]. Assets and Liabilities - Total assets less current liabilities as of December 31, 2025, amounted to RMB 598.4 million, up from RMB 538.4 million in 2024[6]. - Non-current assets totaled RMB 378.9 million as of December 31, 2025, a decrease from RMB 394.8 million in 2024[6]. - Current liabilities increased to RMB 334.0 million as of December 31, 2025, compared to RMB 296.4 million in 2024[6]. - The company reported a net cash position of RMB 178.6 million in cash and cash equivalents as of December 31, 2025, compared to RMB 169.1 million in 2024[6]. - The company’s equity attributable to owners increased to RMB 313.2 million as of December 31, 2025, from RMB 268.7 million in 2024[7]. - Trade receivables from related parties decreased to RMB 45,764,000 in 2025 from RMB 75,560,000 in 2024, a reduction of 39.5%[41]. - Total trade receivables decreased to RMB 190,032,000 in 2025 from RMB 203,292,000 in 2024, a decline of 6.5%[41]. - Inventory decreased significantly to RMB 13,002,000 in 2025 from RMB 23,981,000 in 2024, a drop of 45.3%[40]. - Trade payables decreased to RMB 40,636,000 in 2025 from RMB 55,532,000 in 2024, a decrease of 26.8%[48]. - The capital-to-debt ratio as of December 31, 2025, was 25.2%, up from 3.28% as of December 31, 2024, primarily due to increased bank borrowings for business development[98]. - Contract liabilities increased to RMB 77.5 million as of December 31, 2025, from RMB 55.8 million as of December 31, 2024, due to overall business expansion[91]. Subsidiaries and Business Operations - The company has established multiple subsidiaries in China, focusing on property management, office leasing, and construction management, with ownership percentages ranging from 31% to 100%[12][13][14]. - The registered capital for the subsidiaries varies, with the largest being RMB 20 million for Sichuan Deshang Smart Green Property Management Co., Ltd.[12]. - The company has a significant presence in the property management sector, with subsidiaries like Chengdu Zhongneng Property Management Co., Ltd. and Chengdu Shande Zhimai Real Estate Brokerage Co., Ltd. fully owned[12]. - The company has recently expanded its office leasing operations, with several subsidiaries established in 2022 and 2023, including Chengdu Deshang Yongrun Commercial Management Co., Ltd. and Sichuan Shangxing Guanghui Commercial Management Co., Ltd.[12][13]. - The subsidiaries listed are expected to have a major influence on the company's performance and constitute a significant part of the group's net assets[14]. - The company has established a diverse portfolio of subsidiaries, with varying degrees of ownership, to enhance its market presence and operational capabilities in the property management sector[12][13]. Compliance and Reporting - The company is compliant with International Financial Reporting Standards (IFRS) and has prepared its consolidated financial statements accordingly[15][16]. - The financial statements are presented in Renminbi (RMB), reflecting the primary economic environment of the company's main subsidiaries[17]. - The company has restructured its reporting framework to monitor the performance of its business segments, which include property services, asset operation services, and investment and development segments[22][23]. - The company plans to adopt new IFRS standards effective from January 1, 2025, which may not significantly impact its financial performance[18][19][20]. - The financial data presented does not constitute audited accounts for the year ending December 31, 2025, and is extracted from the consolidated financial statements audited by the company's auditor[114]. Strategic Focus and Market Position - The company is focusing on urban asset management and enhancing service quality in response to industry adjustments and competition[56]. - The strategic shift in the property industry emphasizes quality improvement and operational efficiency rather than mere expansion[57]. - The company aims to transition from single property management to comprehensive asset operation services, leveraging financial innovations like public REITs[58]. - The business segments include property services, asset operation services, and investment and development, focusing on a comprehensive service ecosystem[59]. - The group faces significant competition in the property management sector, with increasing pressure from listed competitors seeking to acquire quality property management companies in China[105]. - The group is committed to optimizing resource allocation and enhancing operational efficiency to mitigate risks associated with regulatory changes and intensified market competition[105]. Employee and Corporate Governance - As of December 31, 2025, the group had 1,333 employees, an increase from 1,235 employees as of December 31, 2024[104]. - Employee compensation, including directors' remuneration, amounted to RMB 122.8 million for the reporting period, up from RMB 100.6 million for the year ended December 31, 2024, reflecting a significant increase in payroll expenses[104]. - The company has adopted a share incentive plan to reward eligible participants for their contributions and to attract suitable personnel for further development[104]. - The board has resolved not to recommend any final dividend for the year ended December 31, 2025[112]. - The audit committee, composed of three independent non-executive directors, has reviewed the group's annual performance and financial statements for the year ended December 31, 2025[111]. - The board of directors includes both executive and non-executive members, with specific roles outlined[118]. Future Outlook - The company aims to build an integrated asset management model focusing on fundraising, investment, management, and exit strategies to maximize asset value and establish a sustainable development framework[100]. - The annual performance announcement will be published on the Stock Exchange and the company's website, with the 2025 annual report to follow at an appropriate time[115].

本公司董事（「董事」）會（「董事會」）建議對本公司現有第二份經修訂及重列的組織章 程大綱及細則（「現有大綱及細則」）作出若干修訂（「建議修訂」），目的是（其中包 括）(i)允許任何股東大會以實體會議、混合會議（部分實體及部分電子）或完全以電 子方式舉行，並允許以電子方式出席、參與及投票；(ii)允許本公司持有已購回股份 作庫存股份（定義見上市規則）用途；及(iii)作出必要及相應更新，以使現有大綱及 細則符合開曼群島適用法律及上市規則；並採納本公司第三份經修訂及重列的組織 章程大綱及細則，包括及合併建議修訂，以取代及排除現有大綱及細則（「新大綱及 細則」）。 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，概不會就本公告全部或任何 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。 Desun Real Estate Investment Services Group Co., Ltd. 德商產投服務集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2270） 建議修訂第二份經修訂及重列組織章程大綱及細則 和採納第三 ...

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。 Desun Real Estate Investment Services Group Co., Ltd. 德商產投服務集團有限公司 （於開曼群島註冊成立的有限公司） 背景 本公司的全資附屬公司成都德商於2026年3月25日成功中標該項目（一個位於中國 成都的地標性媒體綜合體），淨用地面積約35.5642畝，將成為「數位媒體+時尚藝 術」的樞紐。該項目預計年期10年，包括籌備期和合作期，涉及辦公物業委託運 營、商業租賃及綜合物業服務三個合作項目。作為該項目範疇的一部分，成都德 商將就商業物業訂立租賃協議，同時在符合指定用途的情況下取得開展具體經營 活動的授權。 租賃協議 東岸智媒（作為出租人）收到成都德商支付的全部履約保證金或提交的銀行獨立保 函後，成都德商（作為承租人）與東岸智媒就租賃物業將訂立租賃協議，東岸智媒 預計於2027年6月30日交付租賃物業，租賃期限預計自2027年7月1日起至2036年6 ...

德商產投服務集團有限公司 （於開曼群島註冊成立的有限公司） 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。 Desun Real Estate Investment Services Group Co., Ltd. 德商產投服務集團有限公司 董事長、行政總裁兼執行董事 （股份代號：2270） 董事會會議通告 德商產投服務集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公 司將於2026年3月27日（星期五）舉行董事會會議，藉以（其中包括）審議及批准本公 司及其附屬公司截至2025年12月31日止年度的全年業績及其發佈，並考慮建議派發 末期股息（如有）。 承董事會命 張志成 香港，2026年3月17日 於本公告日期，執行董事為張志成先生、萬虹女士、柳軍先生、邵家楨先生及祝娜 女士，非執行董事為鄒康先生，以及獨立非執行董事為方利強先生、陳滌先生及嚴 洪先生。 ...

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: 德商產投服務集團有限公司 呈交日期: 2026年2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) | 02270 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.0001 | USD | | 200,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 2,000,000,000 | USD | | 0.0001 | USD | | 200,000 | 本月底法定/註冊股本 ...

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12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: 德商產投服務集團有限公司 呈交日期: 2026年1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) | 02270 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.0001 | USD | | 200,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 2,000,000,000 | USD | | 0.0001 | USD | | 200,000 | 本月底法定/註冊股 ...

Core Viewpoint - The article highlights significant financial activities involving 德商产投服务, including a substantial stock deposit and a termination agreement regarding parking spaces, indicating ongoing corporate restructuring and financial management efforts [1]. Group 1: Stock Deposit - On December 30, 德商产投服务's shareholders deposited stocks worth HKD 696 million into Swiss bank 盈丰银行, representing 28.21% of the total stock value [1]. Group 2: Termination Agreement - 德商产投服务 announced a termination agreement on October 21, 2025, where its wholly-owned subsidiary 成都德商 will return 652 parking spaces to the seller, with related debtors agreeing to pay a total of RMB 22.52 million to 成都德商 [1].

Group 1 - The core point of the article is that Deutsche Commercial Real Estate Services (02270) has deposited shares worth HKD 696 million into Swiss bank UBS, representing 28.21% of the total shares [1] - The company announced a termination agreement on October 21, 2025, where its wholly-owned subsidiary Chengdu Deutsche Commercial will return 652 parking spaces to the seller [1] - The related debtor has agreed to pay Chengdu Deutsche Commercial a total of RMB 22.52 million [1]

此 乃 要 件 請 即 處 理 閣下如對本通函任何方面或應採取之行動有疑問，應諮詢 閣下的股票經紀或其他註冊證券 交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下的德商產投服務集團有限公司股份全部售出或轉讓，應立即將本通函交予 買主或承讓人或經手買賣或轉讓之銀行、股票經紀或其他代理，以便轉交買主或承讓人。 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通函之內容概不負責，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本通函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。 Desun Real Estate Investment Services Group Co., Ltd. 德商產投服務集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2270） 根據上市規則，本通函所述交易已獲股東書面批准，而本通函僅刊發作參考之用。 2025年12月24日 | 釋義 | | 1 | | --- | --- | --- | | 董事會函件 | | 4 | | 附錄一 — 財務資料 | | 13 | | 附錄二 一般資料 — | | 17 | 釋 義 於本通 ...