NOTIFICATION LETTER 通知信函 (Incorporated in Hong Kong with limited liability under the Hong Kong Companies Ordinance) (根據香港公司條例在香港註冊成立的有限公司) (Stock Code股份代號：03377) 24 April 2025 Dear registered Shareholder, Sino-Ocean Group Holding Limited (the "Company") – Notice of publication of 2024 Annual Report, Circular, Notice of Annual General Meeting and Form of Proxy (the "Current Corporate Communication(s)") and Sustainable Development Report 2024 The Company's Annual General Meeting will be held at 9:30 a.m. on F ...

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 通 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 會 就 因 本 通 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。 股 東 周 年 大 會 通 告 茲 通 告 遠 洋 集 團 控 股 有 限 公 司（「本 公 司」）謹 訂 於 二 零 二 五 年 五 月 二 十 三 日（星 期 五）上 午 九 時 三 十 分 假 座 中 國 北 京 朝 陽 區 東 四 環 中 路56號 遠 洋 國 際 中 心 A座31層 會 議 室 舉 行 股 東 周 年 大 會（「股 東 周 年 大 會」），藉 以 處 理 下 列 事 項： – 1 – 1. 省 覽 及 採 納 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 財 政 年 度 之 經 審 核 綜 合 財 務 報 表、董 事 局 報 告 及 核 數 師 報 告。 2. (A) (i) 重 ...

此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 之 任 何 內 容 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 閣 下 之 註 冊 證 券 商、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 售 出 或 轉 讓 名 下 所 有 遠 洋 集 團 控 股 有 限 公 司 之 股 份，應 立 即 將 本 通 函 送交買主或其他承讓人，或經手買賣或轉讓之銀行、註冊證券商或其他代理商， 以 便 轉 交 買 主 或 承 讓 人。 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 通 函 之 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 通 函 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。 (1) 建 議 發 行 股 份 的 一 般 授 權、 (2) 重 選 退 任 董 事 及 (3) 股 東 周 年 大 會 通 告 遠 洋 集 團 控 股 有 限 公 司 謹 訂 於 二 零 二 五 年 五 ...

遠洋集團 2024 年度可持續發展報告 2024 SUSTAINABLE DEVELOPMENT REPORT OF SINO-OCEAN GROUP 責任擔當 共享健康 COMMITTED TO RESPONSIBILITY AND SHARED HEALTH 關於本報告 ABOUT THIS REPORT OVERVIEW 報告簡介 遠洋集團控股有限公司（「遠洋集團」） 欣然發佈《遠洋集團 2024 年度可持 續發展報告》（「本報告」）。這 也是遠洋集團自 2010 年以來，連續 第 15 年以公開報告形式總結其可持 續發展表現與企業社會責任工作。本 報告從企業管治、產品與服務、環境、 員工、社區與社會五方面，闡述了遠 洋集團為推進實現「建築健康與社 會價值的創造者」戰略願景的實踐。 Sino-Ocean Group Holding Limited ("Sino- Ocean Group") is pleased to publish the "Sustainable Development Report 2024 of Sino-Ocean Group" (the "Report"), the 15th ...

Financial Performance - The company's revenue for the year ended December 31, 2024, was RMB 23.641 billion, a decrease of approximately 49% compared to RMB 46.459 billion in 2023[21]. - The gross loss for 2024 was RMB 398 million, compared to a gross profit of RMB 1.183 billion in 2023, resulting in a gross loss margin of 2%[21]. - The net loss attributable to the company's owners was RMB 18.624 billion, a 12% improvement from RMB 21.097 billion in the previous year[10]. - The group’s total revenue for 2024 decreased by approximately 49% to RMB 23.64 billion, down from RMB 46.46 billion in 2023[38]. - The group recorded a gross loss of RMB 398 million in 2024, compared to a gross profit of RMB 1.18 billion in 2023, resulting in a gross loss margin of 2%[42]. - The group aims to improve its net debt-to-equity ratio by focusing on the delivery and collection of property development projects in 2025[51]. - The company reported a basic and diluted loss per share of RMB 2.445, a 12% improvement from RMB 2.770 in 2023[10]. Assets and Liabilities - The total assets decreased by 12% to RMB 181.405 billion from RMB 206.172 billion in 2023[10]. - The company's cash resources amounted to RMB 4.828 billion, down 4% from RMB 5.022 billion in 2023[10]. - The net debt ratio surged to 42,020%, an increase of 41,582 percentage points from 438% in 2023[10]. - The total loan amount due by December 31, 2024, is RMB 96.01 billion, with 66% maturing within one year[52]. - The total interest expense for 2024 decreased to RMB 5.30 billion, down from RMB 5.36 billion in 2023, with a weighted average interest rate declining from 5.63% to 5.39%[47]. - Cash resources totaled RMB 4.83 billion as of December 31, 2024, with a current ratio of 0.90, indicating liquidity challenges amid a slow recovery in the real estate market[51]. Real Estate Market and Development - The real estate market in China is expected to stabilize following a series of government policies aimed at promoting recovery, despite a 12.9% year-on-year decline in new residential sales area[22]. - The company has over 240 real estate projects at various stages of development, with land reserves totaling approximately 31 million square meters as of December 31, 2024[5]. - Property development remained the largest contributor, accounting for about 73% of total revenue in 2024[38]. - The average land cost for property development in 2024 was approximately RMB 6,300 per square meter, down from RMB 6,500 per square meter in 2023[41]. - The total area delivered for sale in 2024 was approximately 1,506,754 square meters, a 50% decrease from 2023[61]. - In 2024, residential properties (including villas) accounted for 93% of the group's total property development revenue, down from 92% in 2023[67]. Strategic Initiatives and Future Outlook - The company aims to focus on business transformation due to significant asset price declines and the need to address various risks in the real estate sector[22]. - In 2025, the company aims to enhance high-quality delivery and sustainable operations while actively exploring new business opportunities, including light-asset construction and urban renewal[31]. - The group plans to maintain construction scale in 2025 to ensure sufficient sales resources and deliverable floor area for future growth[77]. - The group aims to enhance investor confidence and loyalty through improved communication mechanisms with the capital market[115]. - The company is focused on expanding its market presence and exploring new investment opportunities[138]. Debt Restructuring and Financial Management - The company successfully completed an overseas debt restructuring process, reducing leverage by approximately $4 billion, which significantly improved its balance sheet and alleviated liquidity pressure[26]. - The total amount of existing offshore debt subject to restructuring is approximately $5.636 billion, which includes various existing offshore debt instruments[106]. - The restructuring involves the issuance of new debt totaling $2.2 billion, including new loans and new notes, to exchange for the release of existing debt obligations[106]. - The group is actively communicating with investors regarding the ongoing negotiations for a new repayment plan for domestic bonds totaling RMB 13.27 billion[109]. - The group has implemented a series of measures to stabilize operations and mitigate debt risks amid ongoing industry pressures[113]. Corporate Governance and Management - The board of directors includes 14 members, with three executive directors and several independent non-executive directors[171]. - The company maintains high corporate governance standards, as detailed in the corporate governance report section of the annual report[159]. - The management team has a diverse background in real estate and financial sectors, contributing to the company's strategic direction[138]. - The board is committed to enhancing corporate governance and strategic operations[137]. - The company emphasizes high standards in information disclosure to ensure timely and transparent communication with investors[114]. Social Responsibility and Sustainability - The company emphasizes environmental responsibility and aims for carbon neutrality by 2050, implementing various environmental policies and standards[152]. - The company is committed to supporting national policies for the sustainable development of the real estate market and improving living quality for families[154]. - The company has established the Ocean Sail Charity Foundation to support education and environmental initiatives, effectively integrating resources for charitable donations and collaborations[156]. - The company focuses on customer service and community building, promoting a healthy lifestyle and quality living standards[155]. - The company emphasizes sustainable development and social responsibility through partnerships with local suppliers and regular evaluations of strategic procurement suppliers[156].

Core Viewpoint - The real estate industry is undergoing significant adjustments and transformations, with traditional heavy asset development models facing challenges, while the "light asset, high quality" model of agency construction is emerging as a key player [1][2]. Industry Background - The real estate market is entering a stock era, and the ongoing "housing is for living, not for speculation" policy makes the agency construction model an effective way to revitalize stock assets and improve resource utilization efficiency, thus becoming an important force in the transition to a new development model in the real estate sector [1]. Company Performance - In the first quarter of 2025, the agency construction platform of the company, Yuan Yang Construction Management, signed new agency construction contracts covering approximately 950,000 square meters, with a sales amount of about 180 million yuan [2]. - Yuan Yang Construction Management has gained recognition in various authoritative rankings for its comprehensive agency capabilities, contract signing scale, delivery scale, and sales scale, indicating a continuous enhancement of its influence in the industry [2]. Policy Alignment - The company's light asset agency construction business aligns well with current national policy directions, actively participating in relief projects under the "ensure delivery of buildings and stabilize people's livelihoods" policy, contributing to the smooth delivery of problematic projects and stabilizing the real estate market [2]. - The company is involved in urban renewal and old city transformation projects, enhancing urban quality and vitality through various methods such as demolition and reconstruction, which aligns with national requirements for high-quality urban development [2]. Health and Sustainability Focus - The company integrates its health building system into agency construction projects, aiming to create healthier, more comfortable, and environmentally friendly living and commercial spaces, thus promoting the development of green and healthy buildings in line with national sustainable development strategies [2].

近日，远洋集团宣布以约3.22亿元出售远洋国际中心二期项目所属公司23%股权。 这家昔日的"红筹房企"，流动性危机爆发前后，开启了"卖卖卖"的自救模式，先后出售了成都太古里、 颐堤港二期等优质资产。 不过，远洋集团的"化债"也并非毫无进展，高达63.15亿美元的境外债重组已于3月生效，清盘呈请也被 撤销。这看似给远洋集团带来一丝喘息之机，但现实远比想象中残酷。2025年，远洋集团仍需面对 635.76亿元的债务"大山"，短期偿债压力依然不减。 继续"卖卖卖"，出售北京东四环优质资产 在自救这条路上，远洋集团仍在积极行动，且态度坚决。 近日，远洋集团公告披露，出售联营公司北京盛永置业投资有限公司（简称"盛永置业"）23%股权，买 方为日照钢铁控股集团有限公司（简称"日照钢铁"）。交易完成后，远洋集团将保留12%的股份，而日 照钢铁的持股比例将增至88%。而在此之前，双方分别持有盛永置业35%及65%权益。 据了解，这笔交易代价约为3.22亿元，远洋集团所得款项净额约为8690万元，拟用于维持集团的基本营 运资金。而这笔交易也为远洋集团预期取得收益约2610万元。 资料显示，盛永置业主要从事投资物业开发，旗下主要 ...

Group 1 - Hong Kong property stocks have risen, with Country Garden increasing by over 15% [1] - Other companies such as Sunac China, Longfor Group, Vanke Enterprises, Oceanwide Holdings, and Greentown China also experienced gains [1] - Investors can buy Hong Kong stocks through A-share accounts without the need for the Hong Kong Stock Connect, allowing for T+0 trading [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 會 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。 遠洋集團控股有限公司 公司秘書 沈培英 香港，二零二五年四月十六日 於 本 公 告 日 期，董 事 局 包 括 執 行 董 事 李 明 先 生、王 洪 輝 先 生、崔 洪 杰 先 生 及 柴 娟 女 士； 非 執 行 董 事 張 忠 黨 先 生、于 志 強 先 生、孫 建 新 女 士 及 王 滿 玲 女 士；以 及 獨 立 非 執 行 董 事 韓小京先生、呂洪斌先生、劉景偉先生、蔣琪先生及陳國鋼先生。 遠 洋 集 團 控 股 有 限 公 司（「本 公 司」）董 事 局（「董 事 局」）欣 然 宣 佈 本 公 司 及 其 附 屬 公 司 （「本集團」）就二零二五年三月及截至二零二五年三月三十一日止三個月的若干未經審核 營運數據如下： 協議銷售額 本公司連同其附屬公司、合 營公司及聯營公司就二零二五年三月的協 議銷售額約為人民 幣 24.0 億 元；協 議 銷 ...

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 會 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。 本公司間接全資附屬公司 北京遠洋控股集團有限公司 二零二四年的主要經審核綜合財務資料 本公告乃由遠洋集團控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）自願作 出。 截至十二月三十一日止年度 二零二四年 二零二三年 人民幣千元 人民幣千元 有關本公司間接全資附屬公司兼本公司於中華人民共和國（「中國」）的主要附屬公司北京 遠洋控股集團有限公司（前稱遠洋控股集團（中國）有限公司，「遠洋控股」）在中國發行的 公 司債 券，根據 中 國有 關規 則 及規 例以 及 中國 證券 監 督管 理委 員 會的 規定，遠 洋 控股 於 二 零 二 五 年 四 月 十 四 日 在 上 海 證 券 交 易 所 網 站 (http://www.sse.com.cn) 登 載（其 中 包 括）其 根 據 中 國 企 業 會 計 準 則 編 製 截 至 二 零 二 四 年 十 ...