FF301 2. 股份分類 普通股 股份類別 其他類別 (請註明) 於香港聯交所上市 (註1) 否 證券代號 (如上市) N/A 說明 非上市股份 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 350,742,053 RMB 1 RMB 350,742,053 增加 / 減少 (-) 0 RMB 0 本月底結存 350,742,053 RMB 1 RMB 350,742,053 1. 股份分類 普通股 股份類別 H 於香港聯交所上市 (註1) 是 證券代號 (如上市) 02355 說明 法定/註冊股份數目 面值 法定/註冊股本 上月底結存 169,886,000 RMB 1 RMB 169,886,000 增加 / 減少 (-) 0 RMB 0 致：香港交易及結算所有限公司 公司名稱: 寶業集團股份有限公司 (於中華人民共和國註冊成立之股份有限公司) 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 本月底法定/註冊股本總額： RMB 520,628,053 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份 ...

Group 1 - The core viewpoint of the articles highlights a significant increase in land auction activity across multiple regions in China, driven by improved market conditions and increased demand from real estate companies [1][4][6] - In November, land transaction volume saw a month-on-month increase of 39% in area and 57% in monetary value, indicating a recovery in the land market [1] - By November 25, the total land supply reached 290 million square meters, a 250% increase from the previous month, with 22 key cities planning to auction 125 residential land parcels in December, totaling 172.3 billion yuan [1][4] Group 2 - Real estate companies are actively competing for land, with notable transactions including Guangzhou's South Tai Road plot sold for 3.5 billion yuan and a residential plot in Foshan sold for 1.266 billion yuan [2][3] - Private enterprises are particularly active in land acquisitions, with companies like Beijing Maoyuan and Hangzhou Binjiang successfully bidding for high-value plots [5][6] - The participation of private firms in land auctions reflects a strategic move to secure quality land amid improving market signals, with many firms collaborating with state-owned enterprises to mitigate risks [6][7] Group 3 - The increase in land acquisition activity is attributed to three main factors: ongoing policy improvements, enhanced land supply quality, and a gradual recovery in market confidence [4][6] - The competitive landscape of land auctions shows a clear divide, with core plots in hot cities experiencing intense competition, while some areas still face challenges in demand [7] - The overall sentiment in the real estate sector is cautiously optimistic, suggesting that the current trends may lay a foundation for a more stable market in the coming year [6][7]

12月5日，省委常委、市委书记盛阅春会见宝业集团股份有限公司董事长庞宝根。 庞宝根对近年来武汉高质量发展和城市建设管理取得的成效给予高度评价，并介绍了宝业集团整体经营及在汉业务发展情况。他说， 宝业集团始终把武汉作为业务布局的重要战略区域，将进一步统筹资源力量，加大投入力度，积极参与武汉城市更新，为现代化大武汉建 设作出更大贡献。 市领导陈劲超、曾晟参加会见。 编辑：代婧怡 盛阅春对庞宝根一行表示欢迎，对宝业集团为武汉发展作出的贡献表示感谢，并介绍了市委十四届十二次全会关于"十五五"发展的有 关工作。他说，"十五五"时期是武汉抢抓机遇、乘势而上、加快发展的关键期、黄金期，我们正深入学习贯彻党的二十届四中全会精神和 习近平总书记考察湖北重要讲话精神，认真落实省委十二届十一次全会部署要求，大力实施以"五改四好"为主攻方向的城市更新，以城市 更新推动城市功能革新、业态焕新、治理创新，以城市发展方式转变带动经济发展方式转变，加快建设国家中心城市，全力打造"五个中 心"，全面建设现代化大武汉。宝业集团是全国建筑节能科技和建筑工业化标杆企业，希望集团一如既往看好武汉，坚定合作信心，加大投 资布局，充分发挥全产业链建造与产 ...

FF301 公司名稱: 寶業集團股份有限公司 (於中華人民共和國註冊成立之股份有限公司) 呈交日期: 2025年12月1日 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 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02355 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 169,886,000 | RMB | | 1 RMB | | 169,886,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 169,886,000 | RMB | | 1 RMB | | 169,886,000 | | 2. ...

Core Insights - The ninth batch of land auctions in Shanghai on November 24, 2023, saw all nine plots sold, totaling a construction area of 552,600 square meters and generating approximately 17.33 billion yuan in revenue [1] - The overall enthusiasm for the land auction has cooled, with the highest premium rates being 15.76% for the Pudong Chuansha plot and 5.17% for the Qingpu Xujing plot, while the remaining seven plots were sold at base prices [1][5] - A diverse range of 16 companies participated in the auction, including three state-owned enterprises and several private companies such as Jiayun Real Estate and Dahua Group [1] Group 1: Auction Details - Jiayun Real Estate won the highly sought-after Pudong plots C05A-18 and C05A-17 with a total bid of 2.475 billion yuan, reflecting a premium rate of 15.76% [2] - Jiayun Real Estate's acquired plots have a comprehensive floor price of 29,913 yuan per square meter, which is lower than nearby properties, indicating potential pricing challenges in the future [2] - Baoye Group secured the Qingpu plot with a total bid of 1.73 billion yuan and a premium rate of 5.17%, resulting in a floor price of 31,561 yuan per square meter [3] Group 2: Market Trends - Seven of the nine plots were sold at base prices, highlighting a significant market differentiation, particularly in the previously popular Yangpu Riverside residential area [4] - The Yangpu plot was sold for 2.177 billion yuan, with a floor price of 68,800 yuan per square meter, and included requirements for affordable rental housing [4] - Analysts noted that the lack of high premium transactions is linked to a decrease in high-end residential sales in Shanghai, leading developers to adjust their expectations [5]

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 致：香港交易及結算所有限公司 公司名稱: 寶業集團股份有限公司 (於中華人民共和國註冊成立之股份有限公司) 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 FF301 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02355 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 169,886,000 | RMB | | 1 RMB | | 169,886,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 169,886,000 | RMB | | 1 RMB | | 169,886,000 | | 2. ...

FF301 第 1 頁 共 10 頁 v 1.1.1 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: 寶業集團股份有限公司 (於中華人民共和國註冊成立之股份有限公司) 呈交日期: 2025年10月2日 本月底法定/註冊股本總額： RMB 520,628,053 FF301 II. 已發行股份及/或庫存股份變動 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02355 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 169,886,000 | RMB | | 1 RMB | | 169,886,000 | | 增加 / 減少 (-) | | | 0 | | | R ...

Financial Performance - For the six months ended June 30, 2025, the company reported revenue of approximately RMB 8,502,567,000, a decrease of about 33% compared to the same period last year[32]. - Operating profit for the same period was approximately RMB 253,587,000, representing a significant decline of about 59% year-on-year[32]. - Profit attributable to owners of the company was approximately RMB 140,981,000, a substantial decrease of about 62% compared to the previous year[32]. - Earnings per share for the period was approximately RMB 0.27, down about 63% from the same period last year[32]. - Revenue for the six months ended June 30, 2025, was RMB 8,502,567 thousand, a decrease of 33.5% compared to RMB 12,770,676 thousand in 2024[112]. - Gross profit for the same period was RMB 508,699 thousand, down 47.4% from RMB 965,277 thousand in 2024[112]. - Net profit for the period was RMB 143,431 thousand, representing a 66.1% decrease from RMB 423,265 thousand in 2024[112]. - The company reported a total of RMB 1,431,012,000 in other receivables as of June 30, 2025, slightly down from RMB 1,467,616,000 as of December 31, 2024[154]. Assets and Liabilities - Total assets as of June 30, 2025, were RMB 44,346,227,000, while total liabilities were RMB 30,787,101,000[17]. - The company's equity increased to RMB 13,559,126,000 as of June 30, 2025, compared to RMB 13,333,534,000 in the previous year[17]. - The total amount of loans secured by the company is 9.9%, a significant decrease from 36.9% in the same period last year[59]. - The company's debt-to-equity ratio was approximately 2.3 as of June 30, 2025, unchanged from December 31, 2024[59]. - The group's cash and cash equivalents stood at RMB 8,247,942,000 as of June 30, 2025, compared to RMB 8,009,474,000 as of December 31, 2024, indicating an increase of approximately 3%[109]. - Trade and other payables amounted to RMB 15,549,573 thousand, with no amounts due in the 1 to 5 years category[127]. - The total financial liabilities as of June 30, 2025, were RMB 19,624,453 thousand, compared to RMB 19,928,774 thousand as of December 31, 2024, indicating a decrease[128]. Revenue Segments - The construction segment generated revenue of RMB 5,657,138,000, down 34% year-on-year, with operating profit of RMB 166,581,000, a decline of 49%[36]. - The real estate development segment reported revenue of RMB 1,616,348,000, a significant drop of 46%, and operating profit of RMB 105,034,000, down 67% compared to the previous year[38]. - New contracts in the construction business amounted to RMB 5,240,000,000, a decrease of 36% from RMB 8,140,000,000 in the same period last year[37]. - The company confirmed property sales revenue of approximately RMB 1,780,000,000, with a sales area of about 195,859 square meters during the first half of 2025[41]. Strategic Focus and Market Conditions - The company experienced a significant decline in revenue and profit due to the downturn in the industry affecting its construction and property development businesses[32]. - The company aims to lead the construction industry in China towards industrialization, focusing on new strategies and market expansion[3]. - The company is focusing on deepening cooperation with state-owned enterprises and expanding into large construction projects amid increasing competition in the market[37]. - The company plans to focus on quality and efficiency improvements in its construction business to adapt to the changing market conditions[54]. Cash Flow and Financing - The company's operating cash inflow for the six months ended June 30, 2025, was approximately RMB 475.63 million, an increase of RMB 619.68 million compared to the previous year[62]. - The company's financing activities generated a net cash inflow of approximately RMB 232.70 million, an increase of RMB 346.79 million compared to the previous year[62]. - The company has an unused bank credit line of approximately RMB 7 billion as of June 30, 2025[59]. - The group reported a net increase in cash and cash equivalents of RMB 240,993 thousand, compared to a decrease of RMB 533,908 thousand in the prior year[116]. Corporate Governance and Shareholder Information - The board proposed a final dividend of RMB 0.12 per ordinary share for the year ended December 31, 2024, which was approved at the annual general meeting[71]. - The board decided not to declare an interim dividend for the six months ended June 30, 2025, consistent with the previous year[72]. - Major shareholders include Wu Xueqin and Zhu Yicai, each holding 29,304,000 H shares, representing 17.25% of the issued H shares and 5.63% of the total registered capital[88]. - The company has established an ESG committee to oversee the development and review of ESG management policies and strategies[83]. Employee and Operational Metrics - As of June 30, 2025, the group employed 5,866 staff, a decrease from 6,236 staff as of June 30, 2024, while indirect construction personnel numbered approximately 44,946, down from about 62,659[96]. - Employee benefits expenses for the six months ended June 30, 2025, amounted to approximately RMB 1,595,142,000, compared to RMB 2,363,570,000 for the same period in 2024, reflecting a decrease of about 32.4%[96]. - The company has maintained a net cash position with a net cash ratio of 54% as of June 30, 2025, consistent with the previous year[60]. Risk Management - The group has not made any significant changes to its risk management policies since the end of last year[125]. - The group has sufficient financial resources to repay its debts when they become due[128]. - The group’s financial risk management includes market risk, credit risk, and liquidity risk, which are detailed in the interim financial data[124].

FF301 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8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: 寶業集團股份有限公司 (於中華人民共和國註冊成立之股份有限公司) 呈交日期: 2025年9月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02355 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 169,886,000 | RMB | | 1 | RMB | | 169,886,000 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 169,886,000 | RMB | | 1 | RMB | | 16 ...

Core Viewpoint - Baoye Group (02355) reported a significant decline in both revenue and profit for the six months ending June 30, 2025, primarily due to a downturn in the real estate investment market and increased competition in the industry [1] Financial Performance - The company achieved a revenue of RMB 8.503 billion, representing a year-on-year decrease of 33.42% [1] - The profit attributable to owners was RMB 141 million, down 62.29% compared to the previous year [1] - Basic earnings per share were RMB 0.27 [1] Business Segment Analysis - The construction segment generated revenue of approximately RMB 5.657 billion, a decline of about 34% year-on-year [1] - Operating profit for the construction business was approximately RMB 167 million, a significant drop of about 49% from the previous year [1] - The decline in revenue and operating profit in the construction segment is attributed to the ongoing decrease in real estate investment, leading to a sharp market contraction and intensified competition [1]