Core Viewpoint - Yida China (03639.HK) reported contract sales figures for July 2025, indicating a total contract sales amount of approximately RMB 0.63 billion and an equity contract sales amount of approximately RMB 0.63 billion [1] Group 1: Sales Performance - For the seven months ending July 31, 2025, the company achieved a total contract sales amount of approximately RMB 4.78 billion and an equity contract sales amount of approximately RMB 4.58 billion [1] - The total sales area for the same period was 38,697 square meters, while the equity sales area was 35,703 square meters [1] - The average sales price per square meter was approximately RMB 12,351 for total sales and RMB 12,834 for equity sales [1] Group 2: Sales Metrics - In July 2025, the sales area was 4,548 square meters for both total and equity sales [1] - The average sales price per square meter in July 2025 was approximately RMB 13,880 for both total and equity sales [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。 YIDA CHINA HOLDINGS LIMITED 億達中國控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3639） 二零二五年七月未經審核營運數據 億達中國控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及附屬公司 （「本集團」）就二零二五年七月的若干未經審核營運數據統計如下： 上述銷售數據未經審核，乃根據本集團初步內部資料編製，該等銷售數據與本公 司按年度或半年度刊發的經審核或未經審核綜合財務報表中披露的數據可能存在 差異。因此，上述數據僅供投資者參考。投資者買賣本公司證券時務須謹慎行 事，並避免不恰當地依賴該等資料。如有任何疑問，投資者應尋求專業人士或財 務顧問的專業意見。 本公司股東及其他投資者買賣本公司證券時，務請考慮相關風險，審慎行事。 承董事會命 億達中國控股有限公司 主席兼行政總裁 姜修文 香港，二零二五年八月十三日 於本公告日期，執行董事為姜修文先生及袁文勝先生 ...

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7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: 億達中國控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 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) | 03639 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | USD | | 0.01 | USD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | 0 | | 本月底結存 | | | 50,000,000,000 | USD | | 0.01 | USD | | 500,000,000 | 本月 ...

Summary of Key Points Core Viewpoint - As of July 14, a total of 138 stocks reached their 52-week highs, indicating a strong performance in the market, with notable leaders including Green Heart Group Holdings, OK Blockchain, and Pearl River Steel Pipe [1]. Group 1: Top Performers - Green Heart Group Holdings (02999) achieved a closing price of 0.013 with a peak of 0.017, marking a 70.00% increase [1]. - OK Blockchain (01499) closed at 0.680, reaching a high of 0.690, reflecting a 48.39% rise [1]. - Pearl River Steel Pipe (01938) had a closing price of 0.335 and a peak of 0.340, resulting in a 33.33% increase [1]. Group 2: Other Notable Stocks - Weishi Jiajie (00856) saw a 32.01% increase, closing at 8.870 with a high of 11.300 [1]. - Cloud Intelligence (09678) reached a high of 520.000, closing at 510.000, which is a 20.99% increase [1]. - China Chengtong Development Group (00217) closed at 0.165 with a peak of 0.166, marking a 14.48% rise [1]. Group 3: Additional Stocks with Significant Increases - Sihuan Pharmaceutical (00460) closed at 1.380, reaching a high of 1.430, which is a 14.40% increase [1]. - Taited Pharmaceutical (03880) had a closing price of 36.950 and a peak of 37.400, reflecting a 13.85% rise [1]. - Beihai Kangcheng-B (01228) closed at 0.850 with a high of 0.960, resulting in a 12.94% increase [1].

作者：行情君 行业估值方面，地产行业市盈率（TTM）平均值为10.09倍，行业中值-0.16倍。亿达中国市盈率-0.06 倍，行业排名第257位；其他百仕达控股（01168.HK）为0.72倍、恒达集团控股（03616.HK）为1.71 倍、中国新城市（01321.HK）为2.4倍、瑞森生活服务（01922.HK）为2.82倍、鑫苑服务（01895.HK） 为3.09倍。 资料显示，亿达中国控股有限公司(股票代码:3639.HK)于2014年6月27日在香港联交所主板上市,是集园 区开发、园区运营、工程建设等业务于一体的综合性集团化企业。作为中国领先的商务园区运营商,秉 承"以产促城、产城融合、协调发展、共创价值"的运营理念,自1998年开始,亿达中国重点布局京津冀、 长三角、大湾区、中西部及其他经济活跃区,已在全国二十余个城市先后开发和运营了大连软件园、武 汉软件新城、郑州亿达科技新城、长沙亿达中建智慧科技中心、重庆亿达创智广场、成都亿达天府智慧 科技城、合肥亿达智慧科技城、沈阳中德亿达智慧科技城、北京中关村壹号等50余个产业园项目,凝聚 了包括近百家世界五百强企业、百余家行业百强企业在内的两千五百余家企业 ...

Group 1 - Yida China Holdings Limited (stock code: 03639.HK) closed at HKD 0.062 on June 9, down 6.06% from the previous trading day, with an intraday low of HKD 0.060, marking a new low in nearly a year [1] - On the same day, the main capital flow showed an inflow of HKD 0.756 million and an outflow of HKD 5.221 million, resulting in a net outflow of HKD 4.46 million [1] Group 2 - Yida China is a comprehensive group enterprise engaged in park development, operation, and engineering construction, listed on the Hong Kong Stock Exchange since June 27, 2014 [2] - The company is a leading business park operator in China, focusing on the integration of industry and city, and has developed over 50 industrial park projects across more than 20 cities, including major regions like Beijing-Tianjin-Hebei, Yangtze River Delta, and Greater Bay Area [2] - Yida China aims to replicate and innovate its successful business model in more cities, creating a technology-driven industrial ecosystem and urban ecology, while striving to provide value for society, cities, customers, investors, and partners [2]

每经记者｜刘颂辉 每经编辑｜陈梦妤 "大连4月新房价格上涨可能是短期反弹，受地方政策、市场热度或季节性因素影响，但整体市场仍处于调整阶段。"5月22日，58安居客研究院院长张波通过 微信向《每日经济新闻》记者表示。 5月19日，国家统计局发布4月份商品住宅销售价格变动情况，70个大中城市中，大连新房价格环比上升0.5%，与上海涨幅相同，并列第一。 同策研究院联席院长宋红卫在接受每经记者微信采访时分析，从上涨幅度来看，大连市场并没有出现明显拉涨，主要原因在于前期新房市场下行调整较大， 现在相当于价格有所回调。 "从项目层面来看，优质项目的入市对市场价格形成一定支撑和带动。"宋红卫认为，在此之前，大连的新房市场存在较大的去化压力，但是从去年开始，包 括第四代住宅在内的高品质项目在市场逐步落地，认购量得到提升，市场认可度高，有效地迎合了市场的改善型需求群体。 新房价格涨幅与上海齐平 回顾今年前4个月，大连新房价格在1月份、2月份连续实现环比涨幅0.2%、0.3%，3月份有所下跌，之后再次出现环比正增长。 中指研究院数据显示，1～4月，大连房地产企业销售额TOP10企业商品房签约金额合计约46.97亿元，TOP10企 ...

Financial Performance - The company recorded revenue of RMB 2.787 billion for the year, with sales from business park residential, office, and independent residential properties contributing RMB 1.846 billion[16]. - The gross profit decreased by 24.2% year-on-year to RMB 405 million, resulting in a gross margin of 14.5%[16]. - The net loss attributable to the company was RMB 2.335 billion for the year[16]. - The company's total revenue for the year was RMB 2,787.23 million, a decrease of 28.5% year-on-year[55]. - Property sales revenue amounted to RMB 1,846.03 million, down 28.7% compared to the previous year, primarily due to a reduction in project deliveries[56]. - Rental income for the year was RMB 472.01 million, a decline of 6% attributed to significant downsizing by several companies in the park during the second half of the year[57]. - The company's gross profit was RMB 40.91 million, down 24.2%, with a gross margin increase from 13.7% to 14.5%[61]. - The net loss for the year increased to RMB 2,349.99 million from RMB 1,713.82 million in the previous year[70]. Business Operations - The company is implementing targeted measures to stabilize rental rates and enhance customer satisfaction[18]. - The company aims to leverage policy guidance and internal resources to improve operational efficiency and service quality in its parks[17]. - The overall sales in the real estate market remained sluggish, with the company focusing on stabilizing existing park services while exploring new opportunities[17]. - The company successfully completed the "guaranteed delivery" task for the Dalian Qingyun Tianxia project, covering approximately 105,000 square meters, contributing stable revenue and safeguarding owner interests[19]. - The company achieved a contract sales amount of RMB 947 million with a sales area of 76,763 square meters, and an average contract sales price of RMB 12,333 per square meter[29]. - The company maintains overall stability in its domestic and foreign debt situation, actively seeking support from financial institutions and creditors[20]. - The company plans to focus on its core business and seek new development opportunities amid a complex international situation and challenging market environment[21]. Market Conditions - The total leased area in Dalian's business parks decreased by approximately 39,000 square meters due to geopolitical factors affecting foreign clients[18]. - The company's business park rental rates have been affected by international relations and increased competition, leading to a downward trend in occupancy rates[25]. - The company's main sales projects are concentrated in Dalian, accounting for 71.9% of the contract sales amount, with Zhengzhou at 16.6% and Chongqing at 4.5%[29]. Debt and Financial Management - The company has made progress in debt restructuring and revitalizing land assets despite challenges in the real estate market[17]. - As of December 31, 2024, the company had cash and bank balances of approximately RMB 373.8 million, a decrease from RMB 411.74 million in 2023[72]. - The company's total bank and other borrowings amounted to approximately RMB 11.67 billion as of December 31, 2024, down from RMB 11.96 billion in 2023, representing a reduction of about 2.4%[73]. - The net debt ratio increased to approximately 152.64% as of December 31, 2024, up 33.5 percentage points from 119.1% in 2023[75]. Sustainability and ESG Initiatives - The company aims to integrate sustainable development elements into its projects to promote long-term healthy development of the industry and market[85]. - The board of directors is responsible for the company's environmental, social, and governance (ESG) management policies and strategies[86]. - The company has established an independent sustainability advisory firm to assess the robustness of its environmental, social, and governance (ESG) reporting procedures and key environmental indicators[88]. - The company emphasizes green building practices, adhering to national standards and LEED Silver certification requirements, aiming to reduce energy consumption and environmental impact throughout the lifecycle of its buildings[98]. - The company has implemented an ISO 14001 certified environmental management system to enhance its environmental management practices[96]. - The company is committed to promoting green building projects, integrating renewable energy solutions and sustainable materials into its developments[101]. Employee and Community Engagement - The company has not experienced any work-related fatalities during the reporting period[115]. - The company actively promotes a diverse work environment and has a zero-tolerance policy towards discrimination[117]. - The group has donated music classrooms to over 170 rural primary schools, benefiting more than 70,000 children in impoverished areas[129]. - The company is focused on stakeholder engagement, with investors prioritizing compliance, market value creation, and risk management[90]. Corporate Governance - The group emphasizes high standards of corporate governance as a foundation for sustainable development, strictly adhering to anti-corruption laws[125]. - The group has conducted regular and special audits to strengthen integrity construction and ensure effective handling of reports[126]. - The company has established measures for dust and noise control at construction sites, including real-time monitoring systems to ensure compliance with environmental standards[105]. Risk Management - The company has outlined various operational risks, including regional operational risks and rising costs of land and materials[174]. - The company has a history of maintaining stakeholder engagement through regular communication and compliance with regulatory requirements[175].

Financial Performance - The company recorded revenue of RMB 3.897 billion for the year, with sales from business park residential, office, and independent residential properties contributing RMB 2.590 billion[15]. - The gross profit decreased by 49.6% year-on-year to RMB 0.534 billion, resulting in a gross margin of 13.7%[15]. - The net loss attributable to the owners of the company was RMB 1.695 billion[15]. - The company's total revenue for the year was RMB 3,897.147 million, a decrease of 14.0% compared to the previous year[56]. - Property sales revenue amounted to RMB 2,590.245 million, representing 66.5% of total revenue, down 18.6% year-on-year due to a reduction in project deliveries[57]. - Rental income was RMB 502.384 million, remaining relatively stable compared to the previous year[58]. - Business park management service revenue decreased by 9.2% to RMB 230.327 million, attributed to the gradual exit of completed projects[59]. - Financing costs rose to RMB 688.36 million, primarily due to a decrease in capitalized interest[67]. - The company's net loss for the year increased to RMB 17,138.2 million from RMB 7,364.9 million in the previous year[71]. Market Challenges and Strategies - The company faced significant challenges in the real estate market, with limited effects from industry stimulus policies and ongoing difficulties in sales and debt management[16]. - The company achieved breakthroughs in asset revitalization and debt reduction, ensuring stability in domestic and foreign debt obligations[16]. - The company aims to enhance its core competitiveness in business park development and operation amidst the ongoing challenges in the real estate sector[8]. - The company continues to prioritize the delivery of properties while addressing debt issues through meticulous management of existing assets and liabilities[16]. - The group is actively seeking to revitalize inefficient assets through asset debt settlement and long-term leasing, contributing to debt reduction and alleviating liquidity pressure[19]. - The group aims to ensure project delivery and stable operation of parks while seeking new business development and enhancing asset revitalization efforts in 2024[20]. Operational Developments - The total constructed area of the business parks is approximately 2,004,000 square meters, with a leasable area of about 1,423,000 square meters[26]. - The occupancy rates for major business parks include 86% for Dalian Software Park, 61% for Dalian Technology City, and 98% for Yida Information Software Park[26]. - The company has a strategic focus on expanding into key first and second-tier cities and economically active regions[8]. - The company completed the construction of several projects, including Qingdao Longfor Longyu City and Guangzhou BTS Industry, while also exploring new business growth points in equipment leasing and cost consulting[48]. - The company has established partnerships with five district governments to enhance its business development capabilities[44]. Environmental, Social, and Governance (ESG) Initiatives - The company has established a clear governance structure for environmental, social, and governance (ESG) management, with the board responsible for overseeing ESG strategies and performance[86]. - The company aims to integrate sustainable development elements into its projects to promote long-term healthy growth in the industry and market[85]. - The company has implemented ISO 14001 certification for environmental management, enhancing its commitment to sustainable construction practices[101]. - The company has established a comprehensive dust and noise control plan, ensuring compliance with environmental standards during construction[102]. - The company is committed to reducing greenhouse gas emissions through improved energy management during construction processes[107]. - The company has set a five-year environmental target to further enhance its sustainability efforts by 2025/2026[108]. Employee and Community Engagement - The company has established a competitive compensation and benefits system to safeguard employee rights and promote employee development[90]. - The company actively participates in community service and charitable activities to support community development[90]. - The total training hours for employees reached 3,971 hours, with 233 participants, accounting for 47.3% of all employees[120]. - The company has implemented various occupational health and safety measures, with a performance data table detailing the number of work-related fatalities and lost workdays due to injuries over the past three years[154]. - The company has donated music classrooms to over 170 rural primary schools, benefiting more than 70,000 children in impoverished areas[127]. Corporate Governance and Compliance - The company has a history of compliance with laws and regulations, particularly in relation to land, credit, and tax policies[176]. - The company has established practices to identify environmental and social risks within its supply chain, along with monitoring methods[154]. - The company has emphasized the importance of consumer data protection and privacy policies, detailing the related operational and monitoring methods[155]. - The company has reported a number of anti-corruption lawsuits filed against it or its employees during the reporting period, along with the outcomes of these cases[155]. Future Outlook - The company plans to expand its project portfolio by leveraging over 20 years of operational capabilities and focusing on strategic regions such as the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area[44]. - The company is actively enhancing the quality of existing projects and transitioning from a single commission-based operation model to a multi-dimensional business development approach[44]. - The company is committed to enhancing its compliance management and risk control to create market value for investors[90].

Group 1: Shanghai Land Auction - Shanghai's land market announced the auction of 5 plots with a total starting price of 8.407 billion yuan, including 4 residential and 1 commercial/cultural plot [1] - The highest starting price is for a residential plot in Yangpu District at 3.358 billion yuan, covering an area of 21,200 square meters, with bidding starting on May 9 [1] - The auction reflects a structural increase in land supply, indicating a competitive market for prime locations and potential demand growth in related industries such as construction materials and design consulting [1] Group 2: Guangzhou Land Supply Plan - Guangzhou plans to supply a total of 3,454 hectares of construction land in 2025, with 722 hectares designated for residential use, accounting for 21% of the total [2] - The strategy aims to optimize land resource allocation and promote high-quality residential projects, reducing unnecessary land use requirements [2] - This approach is expected to alleviate structural supply-demand mismatches in the market and support infrastructure investment, benefiting leading real estate companies and related industries [2] Group 3: Yida China Resumption of Trading - Yida China has fulfilled resumption guidelines and applied to resume trading after disclosing its financial results for 2023 and 2024 [3] - The company reported approximately 2.787 billion yuan in revenue for 2024 and a contract sales amount of about 947 million yuan [3] - The resumption may lead to a reassessment of credit risks for similar regional real estate companies, highlighting challenges during the transformation period [3] Group 4: Jinke's Debt Restructuring - Jinke's restructuring plan has been approved by several creditor groups, but the ordinary creditor group has not yet approved it [4] - The company is working to negotiate with the ordinary creditor group for a second vote, which is due by May 10, 2025 [4] - This situation illustrates the complexities of debt restructuring in the real estate sector and may serve as a reference for resolving industry risks [4] Group 5: China Communications Construction's Bond Issuance - China Communications Construction plans to issue 1 billion yuan in medium-term notes as part of a 6 billion yuan registration [5][6] - The proceeds will be used to repay existing debt financing tools, indicating a focus on improving debt structure and liquidity [6] - This financing move highlights the credit advantages of state-owned enterprises in the real estate sector and is expected to stabilize demand in the construction materials supply chain [6]