FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 綠城服務集團有限公司 呈交日期： 2025年12月31日 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 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02869 | 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 ...

Investment Rating - The industry investment rating is "Overweight" (maintained) [1] Core Insights - The report highlights a recent policy change where the value-added tax (VAT) rate for housing sold within two years has been reduced from 5% to 3%, effective January 1, 2026. This aims to lower transaction costs and stimulate the second-hand housing market [5][6] - The report notes a significant decline in second-hand housing transaction volumes in major cities during the fourth quarter of 2025, with year-on-year decreases of 24.9% in Beijing, 19.4% in Shanghai, and 30.8% in Shenzhen for October-November [7][11][14] - The adjustment in VAT is expected to stabilize market expectations and promote overall recovery in the real estate sector, with specific recommendations for companies that are well-positioned to benefit from these changes [8] Summary by Sections Policy Changes - The VAT rate for housing sold within two years is reduced to 3%, while sales of properties held for two years or more remain exempt from VAT. This change is projected to save approximately 9.25 million yuan in VAT for a property priced at 5 million yuan [5][6] Market Trends - The report indicates a notable drop in second-hand housing transactions in major cities, with cumulative year-on-year increases of 11.0%, 18.5%, and 28.7% for the first nine months of 2025, followed by significant declines in October and November [7][11][14] Investment Recommendations - The report recommends focusing on companies with strong fundamentals and the ability to cater to improving customer demands, such as Greentown China, China Overseas Land & Investment, and China Resources Land. It also suggests companies that benefit from both residential and commercial real estate recovery, as well as high-quality property management firms [8]

Summary of Key Points Core Viewpoint - Greentown Service has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [2][3]. Share Buyback Activity - On December 30, Greentown Service repurchased 836,000 shares at a price range of HKD 4.400 to HKD 4.510, totaling HKD 3.7281 million [2]. - The stock closed at HKD 4.490 on the same day, reflecting a 0.45% increase, with a total trading volume of HKD 24.5257 million [2]. - Since November 13, the company has conducted buybacks for 32 consecutive days, acquiring a total of 10.826 million shares for a cumulative amount of HKD 49.1004 million [2]. - During this buyback period, the stock has experienced an overall decline of 8.18% [2]. Year-to-Date Buyback Summary - Year-to-date, Greentown Service has executed 58 buybacks, acquiring a total of 30.692 million shares for a total expenditure of HKD 126 million [3].

绿城服务(02869)发布公告，于2025年12月30日斥资372.81万港元回购83.6万股。 ...

智通财经APP讯，绿城服务(02869)发布公告，于2025年12月30日斥资372.81万港元回购83.6万股。 ...

格隆汇12月30日丨绿城服务(02869.HK)发布公告，2025年12月30日耗资372.81万港元回购83.6万股，回 购价格每股4.4-4.51港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 綠城服務集團有限公司 呈交日期： 2025年12月30日 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 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) | 02869 | 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 ...

绿城服务(02869)发布公告，该公司于2025年12月29日斥资282.3万港元回购62.6万股股份，每股回购价 格为4.41-4.61港元。 ...

智通财经APP讯，绿城服务(02869)发布公告，该公司于2025年12月29日斥资282.3万港元回购62.6万股股 份，每股回购价格为4.41-4.61港元。 ...

格隆汇12月29日丨绿城服务(02869.HK)发布公告，2025年12月29日耗资282.3万港元回购62.6万股，回购 价格每股4.41-4.61港元。 绿城服务(02869.HK)12月29日耗资282.3万港元回购62.6万股 绿城服务(02869.HK)12月24日耗资73.91万 港元回购16万股 相关事件 ...