根据港交所公告，富力地产表示，其一直积极与相关现有贷款机构商讨，以延长、再融资或重组该集团 的借款，并已成功展期部分借款。该公司继续寻求新融资来源，以应对即将到期的财务责任和未来的经 营现金流需求。这些措施仍在进行中，由于市场环境不断变化，制定或实施这些措施需要时间。 本文源自：金融界AI电报 ...

茲提述廣州富力地產股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）於 二零二五年四月二十九日發佈的截至二零二四年十二月三十一日止年度（「二零二四財 政年度」）的年報（「年報」）及本公司日期為二零二五年六月三十日及二零二五年九 月三十日的公告（「更新公告」）。除文義另有所指外，本公告所用詞彙與年報所界定 者具有相同涵義。 誠如年報所披露，由於持續經營存在多重不確定性，核數師對本集團二零二四財政年度 之綜合財務報表無法表示意見（「無法表示意見」），詳情載於年報第 39 至 42 頁。本 公司擬實施年報第 51 至 52 頁所載的行動計劃（「行動計劃」），以解決無法表示意見 的問題。 本公司已於更新公告內就二零二五年四月二十九日至二零二五年九月三十日的行動計劃 之實施情況提供更新，並謹此提供自二零二五年十月一日起直至本公告日期（「相關期 間」）的行動計劃進一步實施情況如下： I. 境外重組 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。 茲提述本公 ...

Group 1 - The auction for the Wuhan R&F Wanda Jiahua Hotel is scheduled for January 26, 2026, with a starting price of approximately 424 million yuan and an assessed value of about 606 million yuan [1] - The property is located at 105 Donghu Road, Wuchang District, Wuhan, covering a land area of 13,006.99 square meters and a building area of 40,666.41 square meters, designated for commercial service (hotel) use [1] - Wuhan R&F Wanda Jiahua Hotel, which opened in 2013, features 379 guest rooms and is managed by Wuhan Wanfeng Hotel Management Co., Ltd., a wholly-owned subsidiary of R&F Properties [1]

Core Viewpoint - Guangzhou R&F Properties Co., Ltd. has recently been listed as a dishonest executor, indicating potential financial and operational challenges for the company due to legal obligations and non-compliance with asset reporting requirements [3][6]. Group 1: Legal and Financial Obligations - The company has been ordered by the Guangzhou Tianhe District People's Court to pay a total of 1,538,824.54 yuan to the applicant, which remains unpaid [3][6]. - The case was filed on June 6, 2025, under the case number (2025) 粤 0106 执 13150号, with the legal document number (2024) 粤 0106 民初 34317号 [3][6]. - The company has acknowledged the situation and is actively communicating with relevant institutions to seek a resolution [3][6]. Group 2: Company Response and Future Actions - The company is committed to monitoring the situation closely and is taking proactive measures to mitigate any adverse effects on its operations and debt repayment capabilities [3][6]. - The company will fulfill its information disclosure obligations in accordance with legal regulations [3][6].

Group 1 - Zhengzhou Development Investment Group has changed its name to Zhengzhou Industrial Investment Group, with a registered capital increase from 1 billion to 30 billion yuan, funded by the Zhengzhou Finance Bureau [1] - The capital increase will be fully paid by December 25, 2030, and will not affect the controlling shareholder or actual controller of the company [1] Group 2 - The bond market in 2025 faced challenges and opportunities, moving away from a "lying win" phase to a period of high volatility [2] - Key trends included the establishment of a debt management office, the introduction of innovative bond products, and the acceleration of debt resolution for real estate companies [2] Group 3 - On December 29, national bond futures closed lower across the board, with the 30-year main contract down 0.91% to 111.82 yuan [4] - Major interest rates for bonds in the interbank market rose, with the 30-year national bond yield increasing by 3.65 basis points to 2.255% [4] Group 4 - The central bank conducted a 4,823 billion yuan 7-day reverse repurchase operation, resulting in a net injection of 4,150 billion yuan [5] - Short-term Shibor rates mostly rose, with the overnight rate down 1.0 basis point to 1.248%, the lowest since August 2023 [5] Group 5 - Luoyang Urban Construction Investment Group plans to issue up to 1.2 billion yuan in corporate bonds [5] - Xinxiang State-owned Capital Operation Group's bond issuance project received feedback from the Shanghai Stock Exchange, with a planned issuance of 2 billion yuan [7] Group 6 - China’s bond market outlook for 2026 is mixed, with expectations of continued volatility and potential investment opportunities in high-grade credit bonds and convertible bonds [10][11] - Analysts suggest that if inflation does not rise as expected, there may be a need for looser monetary policy, which could lead to a correction in pessimistic expectations for the bond market [13]

本海外監管公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.10B條 刊發。 以下有關廣州富力地產股份有限公司（「本公司」）的相關文件已經上載於上海證券交易所 的網站（http://www.sse.com.cn）： - 廣州富力地產股份有限公司關於被執行案件情況的公告 為遵守上市規則第 13.10B 條，該等上載資料亦刊登於香港聯合交易所有限公司「披露易」 網站（https://www.hkexnews.hk）。 承董事會命 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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 海外監管公告 廣州富力地產股份有限公司 董事長 李思廉 香港，二零二五年十二月二十九日 於本公告日期，本公司的執行董事為李思廉博士、張輝先生、相立軍先生及趙渢先生；非執行董事為張琳女士 及李海倫女士；及獨立非執行董事為鄭爾城先生、吳又華先生及王振邦先生。 * 僅供識別 | 债券代码:136360 ...

Core Viewpoint - The second auction of the Shanghai Fengxian R&F Wanda Plaza has failed, with no bidders despite significant price reductions, highlighting the financial struggles of R&F Properties and the challenges in the real estate market [1][10]. Auction Details - The second auction took place on December 19, with a starting price of 978.4 million yuan, significantly lower than the estimated value of approximately 1.747 billion yuan, representing a discount of about 43% [1][8]. - The initial auction on October 30 had a starting price of approximately 1.223 billion yuan, which was already a 30% discount [9][10]. - The auctions attracted over 10,000 views and 249 reminders set by interested parties, but no one registered to bid [10]. Project Status - The R&F Wanda Plaza project has a total planned construction area of about 261,300 square meters, consisting of 14 buildings designated for railway, commercial, and office use [3][12]. - Currently, the project is in a sealed state, and the buyer must pay the full auction price for the court to lift the mortgage and seal [5][14]. - The project has been vacant, with complete licenses and the main structure accepted, but most of the exterior and interior finishes remain incomplete [6][14]. Financial Context - R&F Properties is facing significant financial pressure, reporting a net loss of 4.082 billion yuan in the first half of 2025, which is an increase of over 75% compared to a loss of 2.331 billion yuan in the same period of 2024 [16]. - The company previously acquired over 70 hotels from Wanda for nearly 19 billion yuan, at a price of about 60% of the market value, becoming the world's largest luxury hotel owner [16]. However, it has been selling and auctioning off these hotels due to ongoing losses [16].

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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 海外監管公告 本海外監管公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.10B條 刊發。 以下有關廣州富力地產股份有限公司（「本公司」）的相關文件已經上載於上海證券交易所 的網站（http://www.sse.com.cn）： - 廣州富力地產股份有限公司關於被執行案件情況的公告 為遵守上市規則第 13.10B 條，該等上載資料亦刊登於香港聯合交易所有限公司「披露易」 網站（https://www.hkexnews.hk）。 董事長 李思廉 香港，二零二五年十二月十七日 於本公告日期，本公司的執行董事為李思廉博士、張輝先生、相立軍先生及趙渢先生；非執行董事為張琳女士 及李海倫女士；及獨立非執行董事為鄭爾城先生、吳又華先生及王振邦先生。 * 僅供識別 债券代码：136360 债券简称：H16 富力 4 债券代码：136 ...

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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 海外監管公告 本海外監管公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.10B條 刊發。 以下有關廣州富力地產股份有限公司（「本公司」）的相關文件已經上載於上海證券交易所 的網站（http://www.sse.com.cn）： 為遵守上市規則第 13.10B 條，該等上載資料亦刊登於香港聯合交易所有限公司「披露易」 網站（https://www.hkexnews.hk）。 承董事會命 廣州富力地產股份有限公司 董事長 李思廉 香港，二零二五年十二月十五日 於本公告日期，本公司的執行董事為李思廉博士、張輝先生、相立軍先生及趙渢先生；非執行董事為張琳女士 及李海倫女士；及獨立非執行董事為鄭爾城先生、吳又華先生及王振邦先生。 * 僅供識別 - 廣州富力地產股份有限公司關於公司債券復牌的公告（H16富力4） - 廣州富力地產 ...

Group 1 - The majority of Chinese property stocks are experiencing declines, with notable drops in companies such as China Overseas Grand Oceans Group (down 4.85% to HKD 1.96), Agile Group (down 4.76% to HKD 0.3), Shimao Group (down 3.37% to HKD 0.201), and R&F Properties (down 2.94% to HKD 0.66) [1] - According to the National Bureau of Statistics, from January to November 2025, the sales area of new commercial housing in China decreased by 7.8% year-on-year, and the sales revenue fell by 11.1% year-on-year [1] - The real estate market is still in an adjustment phase, with continued declines in investment, new construction, and completion areas from January to November [1] Group 2 - Despite the current downturn, the real estate market in China is moving towards stabilization due to various policies aimed at halting the decline [1] - There may still be slight fluctuations in housing prices during the stabilization process, but there is optimism for further market stability driven by more proactive fiscal policies and moderately loose monetary policies [1] - Efforts such as stockpiling and urban village renovations are expected to accelerate, improving the existing housing supply-demand relationship and hastening the stabilization process [1]