Group 1: Government Policies and Initiatives - The Minister of Housing and Urban-Rural Development, Ni Hong, emphasizes the need to construct safe, comfortable, green, and smart houses, while also renovating old ones [1] - Nine departments, including the Ministry of Housing, have issued an action plan to develop and implement intelligent municipal infrastructure construction and renovation plans [2] - Beijing has introduced a new tax policy for housing rental enterprises, reducing the VAT rate from 5% to 1.5% starting January 1, 2026, and lowering the property tax rate from 12% to 4% [3] Group 2: Real Estate Transactions and Market Activity - In Chengdu, a new policy has been released that removes local deposit restrictions for housing provident fund loans, allowing eligible non-local contributors to apply for conversion loans [4] - Two low-density residential land parcels in Suzhou's Xiangcheng district were sold at a total price of 661 million yuan, with floor prices of 7,500 yuan and 7,000 yuan per square meter [5] - A residential land parcel in Hangzhou's Binjiang district was sold for 1.264 billion yuan, reflecting a nearly 20% premium over the starting price [6] Group 3: Land Supply and Development - Beijing has announced the eighth round of proposed residential land supply for 2025, covering 9 plots with a total area of approximately 44 hectares and a planned construction scale of about 1.03 million square meters [7] - Shanghai is set to auction 6 land parcels in its eighth batch of land sales, with a total starting price of 18.495 billion yuan [8] Group 4: Company Performance and Leadership Changes - China State Construction's project, Yunhe Jiuyuan, achieved sales of 448 units in September, leading in sales volume, area, and amount in Beijing [9] - Beijing Urban Construction's Xi Yuan project opened its humanistic demonstration area, showcasing high-end residential values [10] - Sunac China’s debt restructuring plan received approval from 98.5% of creditors, marking a significant step towards resolving its offshore debt issues [12] Group 5: Sales Performance of Real Estate Companies - China Resources Land reported a cumulative contract sales amount of approximately 154.4 billion yuan for the first nine months, a year-on-year decline of 10.4% [13] - China Jinmao's contract sales for the same period reached 80.685 billion yuan, with a total area of 3.6745 million square meters sold [14] - Longfor Group's total contract sales amounted to 50.75 billion yuan, with a sales area of 3.943 million square meters [15]

Core Insights - Recently, CRIC released the "Top 20 Real Estate Companies in Jinan for January to September 2025," with Far East Horizon Group achieving a sales amount of 960 million yuan, ranking 11th on the list [1] Group 1: Company Performance - Since entering Jinan in 2018, Far East Horizon Group has developed over 10 well-known projects, including Yuan Yang Wanhe Mansion and Yuan Yang Plaza, maintaining a leading market share and accumulating a good customer reputation [3] - The company has successfully signed several light-asset construction projects in 2024, including the Jinan Baoshan Park East project and the Jinan Zhaojiazhuang full-process construction project, demonstrating its professional capabilities in light-asset services [3] - The Jinan Guanshan Yuet project, managed and sold by Far East Horizon, exceeded the client's expectations in key metrics during its first opening in December 2024, achieving a subscription completion rate of 140%, a signing completion rate of 151%, and a payment completion rate of 131% [3]

Core Viewpoint - The company, Ocean Group (03377), reported a significant agreement sales figure for September 2025, amounting to approximately RMB 2.39 billion, with a total floor area of about 297,800 square meters and an average sales price of around RMB 8,000 per square meter [1] Summary by Relevant Categories Agreement Sales - The agreement sales for September 2025 are approximately RMB 2.39 billion [1] - The total floor area for the agreement sales is about 297,800 square meters [1] - The average sales price per square meter is approximately RMB 8,000 [1] Cumulative Agreement Sales (January to September 2025) - The cumulative agreement sales from January to September 2025 are approximately RMB 18.83 billion [1] - The cumulative floor area sold is about 1,371,800 square meters [1] - The cumulative average sales price per square meter is approximately RMB 13,700 [1]

Core Viewpoint - The company reported a significant agreement sales figure for September 2025, indicating strong future sales potential in the real estate market [1] Group 1: Agreement Sales - The company, along with its subsidiaries, joint ventures, and associates, announced an agreement sales amount of approximately RMB 2.39 billion for September 2025 [1] - The total floor area for the agreement sales is approximately 297,800 square meters, with an average sales price of around RMB 8,000 per square meter [1] Group 2: Cumulative Agreement Sales - For the period from January to September 2025, the cumulative agreement sales amount to approximately RMB 18.83 billion [1] - The cumulative floor area sold is about 1,371,800 square meters, with an average sales price of approximately RMB 13,700 per square meter [1]

Core Viewpoint - The company, Ocean Group (03377.HK), reported its agreement sales figures for September 2025, indicating a total of approximately RMB 2.39 billion in sales, with a total floor area of about 297,800 square meters and an average sales price of around RMB 8,000 per square meter [1] Summary by Category Agreement Sales for September 2025 - The agreement sales amount to approximately RMB 2.39 billion [1] - The total floor area for the agreement sales is about 297,800 square meters [1] - The average sales price per square meter is approximately RMB 8,000 [1] Cumulative Agreement Sales from January to September 2025 - The cumulative agreement sales total approximately RMB 18.83 billion [1] - The cumulative floor area sold amounts to about 1,371,800 square meters [1] - The average sales price per square meter for the cumulative sales is around RMB 13,700 [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。 未經審核營運數據 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」）就二零二五年九月及截至二零二五年九月三十日止九個月的若干未經審核營 運數據如下： 協議銷售額 上 述營 運資 料 未經 審核，乃 根 據本 集團 初 步內 部資 料 編製，鑒 於收 集 該等 營運 資 料過 程 中存在各種不確定因素，該 等營運資料與本公司定期刊發的經審核或 未經審核綜合財務 報 表中 披露 的 數字 可能 存 在差 異，因此 上 述資 料僅 供 參考。股 東及 投 資者 於買 賣 本公 司 證 券 時 務 須 謹 慎 行 事，避 免 不 恰 當 地 依 賴 該 等 資 料。如 有 任 何 疑 問，股 東 及 投 資 者 應 尋 求專業人士或財務顧問的專業意見。 承董事局命 遠 ...

Core Insights - The real estate market in Tianjin is highly competitive, with intensified supply-demand dynamics [3] - In the first nine months of 2025, the top 10 real estate companies in Tianjin achieved a total sales revenue of 45.047 billion yuan, while the top 10 projects sold a total area of 557,300 square meters [3] - The Ocean Group reported sales of 2.363 billion yuan and a sales area of 183,500 square meters during the same period, with its projects, Future City and Boyu Hai, ranking 6th and 7th in sales area respectively [3] Company Performance - Ocean Group has established a diverse portfolio in Tianjin, including residential, commercial, office, and logistics properties [5] - The Future City project achieved a sales area of 53,200 square meters, while the Boyu Hai project recorded a sales area of 51,500 square meters [4] - The Boyu Hai project recently completed the delivery of approximately 470 residential units, ahead of schedule by 33 days, contributing to a total of over 1,700 high-quality residential deliveries [4] Market Trends - The top-performing projects in Tianjin include Shangdong Jinmao Xiaotang/Jintang with a sales revenue of 1.796 billion yuan and a sales area of 79,600 square meters, followed by JianTou · Yuhe Yuan with 1.756 billion yuan in sales [4] - Central state-owned enterprises like China Overseas and Ocean Group are performing well, consistently ranking among the top ten in the local market [3]

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9月30日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 遠洋集團控股有限公司 | | | 呈交日期: | 2025年10月8日 | | | I. 法定/註冊股本變動 | 不適用 | | | 備註： | | | | 遠洋集團控股有限公司(「本公司」)並無法定股本, 及其股本並無股份面值。 | | | FF301 第 1 頁 共 11 頁 v 1.1.1 FF301 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) | 03377 | 說明 | 股份 | | | | | | | | 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 | | | 11 ...

Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The real estate market in Tianjin is entering a phase dominated by new products, with older projects experiencing declining sales volume [3][4] - In the first eight months of 2025, the top 10 real estate companies in Tianjin achieved a total sales revenue of 40.38 billion yuan, with the threshold for the top 10 set at 1.77 billion yuan [3][4] - The top three companies by sales revenue are: 1. TEDA Construction with 6.93 billion yuan 2. China Overseas Property with 5.95 billion yuan 3. Tianjin Urban Investment Group with 5.33 billion yuan [3][4] Sales Performance Summary Company Sales Performance - The total sales revenue of the top 10 real estate companies in Tianjin from January to August 2025 is 40.38 billion yuan [3][4] - The sales area for these companies totals 1.12 million square meters [4] Project Sales Performance - The total sales revenue of the top 10 residential projects in Tianjin from January to August 2025 is 11.943 billion yuan, with a threshold of 920 million yuan for inclusion in the ranking [6][7] - The top three projects by sales revenue are: 1. Shangdong Jinmao Xiaotang/Jintang with 1.483 billion yuan 2. Jinmao Yanghu Manting with 1.296 billion yuan 3. Tibei Jinmao Mansion with 1.295 billion yuan [6][7] Policy Environment - A new policy was introduced on August 13, 2025, allowing homebuyers to withdraw housing provident fund for down payments on existing homes, aimed at reducing the threshold for home purchases and invigorating the existing housing market [8] - On August 28, 2025, the Central Committee of the Communist Party of China and the State Council released guidelines to promote high-quality urban development, which will provide important guidance for addressing current industry challenges [9] Land Market Analysis - In August 2025, Tianjin released 20 plots of land, with a planned construction area of 1.4254 million square meters, including one residential plot and 16 industrial plots [10][13]

Market Overview - The Hong Kong stock market opened positively in October, with the Hang Seng Index closing at 27,287.12 points, up 431.56 points, a rise of 1.61% [2] - The Hang Seng Tech Index closed at 6,682.86 points, increasing by 217.20 points, a gain of 3.36% [4] Company Highlights - Alibaba Group (09988.HK) saw its stock rise over 4% during the day, closing at HKD 183.1, with a final increase of 3.45%. JPMorgan raised its target price for Alibaba's Hong Kong stock to HKD 240, indicating over 30% potential upside based on the current closing price [4] - JPMorgan reported that Alibaba Cloud's revenue growth has accelerated for eight consecutive quarters, with a year-on-year increase of 26% expected in Q2 2025, driven by demand in generative AI across various sectors [6] Sector Performance - The semiconductor sector experienced significant gains, with SMIC (00981.HK) surging 12% to reach a new historical high. Other notable performers included Longi Green Energy (06869.HK) up over 10%, and Huagong Technology (06908.HK) and Hua Hong Semiconductor (01347.HK) both rising over 7% [6] - The overall semiconductor industry is projected to continue its long-term growth, driven by AI data center demand and domestic substitution trends [8] Other Notable Stocks - The technology sector saw widespread gains, with Kuaishou-W (01024.HK) up over 8%, Baidu Group-SW (09888.HK) up over 4%, and JD Group-SW (09618.HK) and Xiaomi Group (01810.HK) both rising over 3% [8] - Gold stocks also performed well, with China Silver Group (00815.HK) increasing over 30% and Zijin Mining International (02259.HK) up over 14% [8] Industry Index Performance - The Wind Hong Kong secondary industry index showed significant increases in various sectors, with electrical equipment up 9.91%, non-ferrous metals up 5.29%, and hardware equipment up 4.70% [9]