Core Points - The company Beike-W (02423) announced a share buyback plan, committing to repurchase 938,600 shares at a total cost of $5.6756 million [1] - The buyback price per share is set between $5.99 and $6.14 [1]

Group 1 - The company, Beike-W (02423.HK), announced a share buyback on October 27, spending $5.676 million to repurchase 939,000 shares [1]

FF305 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | | 庫存股份數目 | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 20 ...

Core Viewpoint - KE Holdings Inc. will report its unaudited financial results for Q3 2025 on November 10, 2025, before the U.S. market opens [1] Company Overview - KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services in China [3] - The company operates Lianjia, a prominent real estate brokerage brand, and aims to enhance the efficiency of housing transactions through its Beike platform [3] - With over 23 years of experience since Lianjia's inception in 2001, the company is focused on building infrastructure and standards to support sustainable growth [3]

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。 KE Holdings Inc. 貝殼控股有限公司 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：2423） 董事會會議召開日期 貝殼控股有限公司（「本公司」，連同其附屬公司及合併聯屬實體，統稱「本集團」） 董事會（「董事會」）茲通告謹定於2025年11月10日（星期一）舉行董事會會議，以 （其中包括）考慮及通過本集團截至2025年9月30日止三個月的未經審計財務業績 及其發佈。 本公司的管理層將於美國東部時間2025年11月10日（星期一）上午七時正（即北 京╱香港時間同日的下午八時正）舉行業績電話會議。 1 本次電話會議的網上直播及錄音也將在本公司的投資者關係網站 （https://investors.ke.com）上提供。 承董事會命 貝殼控股有限公司 有意使用撥號參加電話會議的參與者請在會議計劃開始時間前至少20分鐘使用下 文提供的鏈接完成在線登記。撥號、會議密碼及唯一的訪問 ...

Summary of Beike's Conference Call Company Overview - Beike operates as a leading integrated online and offline real estate transaction and service platform in China, with a comprehensive business layout including second-hand and new housing transactions, home decoration, and rental services [3][6] Key Financial Highlights - Total transaction volume for 2024 is projected to reach 3.3 trillion yuan, a year-on-year increase of 6.6% - Net revenue is expected to be 93.5 billion yuan, reflecting a 20.2% year-on-year growth, marking a historical high [2][7] - The company achieved profitability in 2024, with net profit attributable to shareholders at 4.06 billion yuan, adjusted to 7.2 billion yuan [2][7] - Gross margin is stable at 24.6%, with an operating expense ratio optimized to 20.4% and an adjusted net profit margin of 7.7% [2][7] - Cash and short-term investments total 61.6 billion yuan, with a $3 billion share repurchase plan in place [2][8] Business Segments Performance Existing Housing Transactions - The existing housing transaction volume is expected to reach 2.2 trillion yuan in 2024, a 4.8% increase year-on-year, accounting for 31% of the national second-hand housing transaction volume [2][13] - The overall commission rate for 2024 is projected at 1.26%, with the self-operated segment affected by policy changes, reducing to 2.51% [2][14] New Housing Transactions - New housing transaction volume is projected at 970 billion yuan, representing 11.4% of the national new housing market [2][17] - The commission rate for new housing is expected to reach 3.47%, the highest since 2017 [2][18] Home Decoration and Furniture - The home decoration business is expected to reach a transaction volume of 16.9 billion yuan by the end of 2024, with net revenue of 14.8 billion yuan, showing a compound annual growth rate of over 300% from 2021 to 2024 [2][20] - The home decoration market is projected to reach 7.1 trillion yuan by 2030, indicating significant growth potential [21] Rental Business - The rental business has expanded rapidly, managing over 430,000 units by 2024, with net revenue of 14.33 billion yuan and a profit margin of 5% [2][23] Strategic Initiatives - Beike's "One Body, Three Wings" strategy focuses on real estate brokerage as the core, with collaborative development in home decoration and rental services [2][6] - The ACN (Agent Cooperation Network) enhances service quality and efficiency, with a 75% cross-store cooperation rate in second-hand housing transactions [2][10][11] Market Position and Future Outlook - Beike maintains a strong market position, with a total transaction volume of 3.3 trillion yuan in 2024, significantly ahead of competitors [9] - The company has a robust store network with over 52,000 locations and 500,000 agents, reinforcing its competitive edge [9] - Future growth is anticipated in the home decoration and rental sectors, supported by strong cash flow and shareholder returns through buybacks and dividends [25]

Core Viewpoint - The company has successfully upgraded its ESG rating from "A" to "AA" by MSCI, marking the third consecutive upgrade from 2023 to 2025, reflecting its strong commitment to promoting ESG practices in the industry [1] Group 1: ESG Rating Improvement - The company's ESG rating was upgraded by MSCI, indicating significant progress in its environmental, social, and governance practices [1] - The company achieved a score of 6.6 in the governance category, surpassing the industry average [1] Group 2: Governance and Ethical Practices - The company has made notable advancements in corporate behavior through the enhancement of its business ethics and anti-corruption policies [1] - A comprehensive business ethics training program has been implemented, contributing to the company's progress in governance [1] Group 3: Environmental Initiatives - The company's score in the environmental category has significantly improved, attributed to the implementation of the "Apartment Environmental Convention" [1] - This convention encourages tenants and apartment managers to adopt green practices and promotes urban community development through apartment projects [1] Group 4: MSCI ESG Rating Significance - MSCI ESG ratings serve as a critical decision-support tool for global investors, assessing companies' resilience to significant ESG risks and providing benchmarks for maximizing investment returns over specific periods [1]

Core Viewpoint - The company has received an upgrade in its ESG rating from "A" to "AA" by MSCI, marking the third consecutive upgrade from 2023 to 2025, reflecting its strong commitment to promoting ESG practices in the industry [1] Group 1: ESG Rating and Performance - The company achieved a notable score of 6.6 in the governance category of ESG, surpassing the industry average [1] - The improvement in the company's ESG environment score is attributed to the implementation of the "Apartment Environmental Pact," which encourages tenants and property managers to adopt green practices [1] Group 2: Company Mission and Strategy - The company is dedicated to reshaping the residential service industry in China through infrastructure transformation and technology-driven innovation, aiming to create long-term sustainable value [1] - The mission of the company is to provide "dignified service for a better living," focusing on empowering the professional growth of service providers and enhancing consumer living experiences [1]

Core Insights - The company Beike-W (02423) has received an upgrade in its ESG rating from "A" to "AA" by MSCI, marking the third consecutive upgrade from 2023 to 2025, reflecting its strong commitment to promoting ESG practices [1] Group 1: ESG Rating and Performance - The company achieved a notable score of 6.6 in the governance category of ESG, surpassing the industry average [1] - Significant progress in corporate behavior has been made through the continuous improvement of business ethics and anti-corruption policies, along with the implementation of comprehensive business ethics training programs [1] - The company's score in the environmental category of ESG has also seen a significant year-on-year improvement, attributed to the implementation of the "Apartment Environmental Pact," which guides tenants and apartment managers in adopting green practices [1] Group 2: Mission and Vision - The company adheres to the mission of "Dignified Service, Better Living," aiming to reshape the residential service industry in China through infrastructure transformation and technology-driven innovation [1] - The focus is on creating long-term sustainable value while empowering the professional growth of service providers and enhancing the living experience for consumers [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。 （股份代號：2423） 自願性公告 MSCI ESG評級上調至AA級 本公告乃貝殼控股有限公司（「本公司」）自願作出。 本公司今日欣然宣佈，摩根士丹利資本國際公司（「MSCI」）在其環境、社會和管 治(ESG)評級中，將本公司ESG評級從「A」上調至「AA」，標誌著從2023年至2025 年連續三次評級上調。這一成就彰顯了本公司在行業內對推動ESG實踐的堅定承 諾。 在MSCI的最新評估中，本公司在ESG管治類別中獲得了令人矚目的6.6分，優於 行業平均水平。通過持續完善商業道德與反貪污細則政策，並實施全面的商業道 德標準培訓計劃，本公司在企業行為方面取得顯著進展。本公司在ESG環境類別 中的評分也同比顯著提升，這一成就得益於本公司推行《公寓環保公約》，該公約 引導租戶與公寓管理人員踐行綠色實踐，並通過公寓項目推動城市社區發展。 KE Holdings Inc. 貝殼控股有限公司 （於開曼群島註冊成立以 ...