2025年10月单月，本集团合约销售(包括合营企业及联营公司的合约销售)金额约为人民币10.5亿元，同 比减少约34.38%，合约销售面积约为10.4万平方米，合约销售均价约为人民币1.01万元/平方米。 中梁控股(02772)发布公告，2025年1月至10月，本集团累计合约销售(包括合营企业及联营公司的合约销 售)金额约为人民币103.1亿元，同比减少约32.04%，累计合约销售面积约为98.9万平方米，合约销售均 价约为人民币1.04万元/平方米。 ...

.2025年10月单月，集团合约销售(包括合营企业及联营公司的合约销售)金额约为人民币10.5亿元，合约 销售面积约为104,000平方米，合约销售均价约为人民币10,100元╱平方米。 格隆汇11月7日丨中梁控股(02772.HK)公告，2025年1月至10月，集团累计合约销售(包括合营企业及联 营公司的合约销售)金额约为人民币103.1亿元，累计合约销售面积约为989,000平方米，合约销售均价约 为人民币10,400元╱平方米。 ...

Zhongliang Holdings Group Company Limited 中 梁 控 股 集 團 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 致的任何損失承擔任何責任。 （ 於開曼群島註冊成立的有限公司） 承董事會命 中梁控股集團有限公司 董事長 楊劍 香港，2025年11月7日 於本公 告日期，執 行董事為楊 劍先生、陳 紅亮先生 、何劍先生 、楊德業先 生及胡輝女 士，及獨立 非執 行董事為王開國先生、吳曉波先生及歐陽寶豐先生。 （股份代號：2772） 2025年10月的未經審核營運數據 中 梁 控 股 集 團 有 限 公 司（「 本 公 司」， 連 同 其 附 屬 公 司 合 稱「 本 集 團」）董 事（「 董 事」）會 （「董事會」）欣然宣佈本集團截至2025年10月的若干未經審核營運數據如下： 上述銷售數據未經審核，乃根據本集團初步內部資料編製，鑒於收集該等銷售資料過 程中存在各種不確定因素，該等 ...

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: 中梁控股集團有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 II. 已發行股份及/或庫存股份變動 | 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) | 02772 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 4,376,017,318 | | 0 | | 4,376,017,318 | | 增加 / 減少 (-) | | | 5,113,210 | | 0 | | | | 本月底結存 | | | 4,381,130,528 | | 0 | | 4,381,130,528 | 第 2 頁 共 10 頁 v 1.1.1 I ...

Core Insights - The real estate companies in distress have made substantial progress in debt restructuring, with a total debt reduction scale of approximately 1.2 trillion yuan as of October 30, involving 21 companies [1] - The restructuring efforts are expected to alleviate short-term debt repayment pressures and facilitate a safer operational environment for these companies, thereby accelerating the overall risk clearance process in the real estate sector [1][2] Group 1: Debt Restructuring Progress - As of October 30, 21 distressed real estate companies have received approval for debt restructuring, with a total debt scale nearing 2 trillion yuan [1] - Companies such as Sunac China Holdings, Guangzhou R&F Properties, and CIFI Holdings have completed their debt restructuring, while others like Kaisa Group and Country Garden have received approval for overseas debt restructuring [1] - The restructuring methods employed include debt-to-equity swaps, asset swaps, and full-term extensions, significantly reducing the debt burden for many companies [2] Group 2: Impact on Industry and Companies - The concentration of debt restructuring among distressed companies indicates a faster risk clearance in the industry, which is beneficial for the overall credit environment [2] - Post-restructuring, many companies are accelerating their delivery processes and shifting their strategic focus towards light asset businesses such as property management and asset management [2][3] - The transition from incremental development to stock asset management is seen as a reasonable path for companies to revitalize resources and improve operational efficiency [3] Group 3: Future Outlook - The development of light asset businesses is expected to be a crucial support for distressed companies to overcome challenges, as operational efficiency and service capabilities become more important than capital scale [3] - Companies that successfully complete debt restructuring and enhance their operational efficiency are likely to achieve stable operations and sustainable development, contributing to a healthier and more stable real estate market [3]

Core Insights - The real estate market in September showed signs of stabilization and recovery, driven primarily by the demand for improved housing options [1][9] - A total of 24 real estate companies reported sales data, with 15 companies, accounting for 62.5%, experiencing a month-on-month increase in sales [1] - Differentiated pricing strategies have played a crucial role, with smaller units attracting buyers through competitive pricing, while improved housing options achieved premium pricing [1][9] Sales Performance - Among the 24 companies, Poly Developments and China Overseas Development led with sales exceeding 200 billion yuan in September, at 205.31 billion yuan and 201.73 billion yuan respectively [3] - Other notable companies include China Resources Land and China Merchants Shekou, with sales of 176 billion yuan and 166.98 billion yuan [3] - The sales growth for Poly Developments and China Overseas has been consistent, with both companies reporting month-on-month increases for three consecutive months [3] Market Dynamics - Different tiers of companies are experiencing varied recovery rates, with top-tier firms benefiting from scale advantages and mid-tier firms leveraging popular projects to boost sales [3][4] - Companies like R&F Properties saw a significant month-on-month increase of 132.31% in September due to a low sales base in August [4] - The overall market recovery is supported by strong land acquisition strategies focused on first- and second-tier cities, with a reported 13% year-on-year increase in land sales revenue across 300 cities [5] Land Acquisition Trends - Real estate companies are increasingly concentrating their land acquisitions in core cities, with top 20 cities accounting for 61% of the total land sales revenue [5] - China Resources Land acquired 18 new projects in the first half of 2025, with a total investment of 32.28 billion yuan, primarily in first- and second-tier cities [5] - The supply of quality land has increased, providing more options for developers, as seen in Beijing's recent addition of 22 new real estate projects [6] Product Quality and Market Appeal - The introduction of high-quality housing standards has enhanced market attractiveness, with improved housing options meeting the needs of buyers [7] - Recent policy adjustments in major cities have further stimulated demand, allowing for greater flexibility in purchasing [7] - The sales of improved housing options have surged, with a notable increase in the proportion of larger units sold in major cities [8][9]

Core Viewpoint - Zhongliang Holdings reported its unaudited operational data for the period ending September 2025, indicating a significant amount of contract sales and sales area, reflecting the company's performance in the real estate market [1] Summary by Category Sales Performance - For the first nine months of 2025, Zhongliang Holdings achieved a total contract sales amount of approximately RMB 9.26 billion, with a total sales area of about 885,000 square meters, resulting in an average contract sales price of approximately RMB 10,500 per square meter [1] - In September 2025 alone, the company recorded contract sales amounting to approximately RMB 970 million, with a sales area of about 95,000 square meters, and an average contract sales price of approximately RMB 10,200 per square meter [1]

Core Viewpoint - Zhongliang Holdings announced its contract sales figures for September 2025, indicating a total contract sales amount of approximately RMB 970 million, with a sales area of about 95,000 square meters and an average sales price of approximately RMB 10,200 per square meter [1] Summary by Relevant Categories Contract Sales Performance - For the period from January to September 2025, the cumulative contract sales amount reached approximately RMB 9.26 billion, with a total sales area of about 885,000 square meters and an average sales price of approximately RMB 10,500 per square meter [1]

Core Viewpoint - Zhongliang Holdings (02772) reported a significant decline in contract sales for the period from January to September 2025, indicating challenges in the real estate market [1] Group 1: Sales Performance - The total contract sales amount for the group from January to September 2025 was approximately 9.26 billion RMB, representing a year-on-year decrease of 31.76% [1] - The cumulative contract sales area for the same period was about 885,000 square meters [1] - The average contract sales price during this period was approximately 10,500 RMB per square meter [1] Group 2: Monthly Sales Data - In September 2025, the group's contract sales amounted to approximately 970 million RMB, showing a year-on-year decrease of 22.4% [1] - The contract sales area for September 2025 was around 95,000 square meters [1] - The average contract sales price in September 2025 was approximately 10,200 RMB per square meter [1]

Group 1 - The core point of the article is that Zhongliang Holdings (02772.HK) reported its contract sales figures for the period from January to September 2025, indicating a total contract sales amount of approximately RMB 9.26 billion and a total sales area of about 885,000 square meters [1] - The average contract sales price for the period from January to September 2025 was approximately RMB 10,500 per square meter [1] - In September 2025, the company recorded contract sales amounting to approximately RMB 970 million, with a sales area of about 95,000 square meters [1] Group 2 - The average contract sales price in September 2025 was approximately RMB 10,200 per square meter [1]