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倚賴該等內容而引致之任何損失 承擔任何責任。 Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6158及債務股份代號：4596、40572、40516、40375） 內幕消息 境外整體債務管理方案的進展 本公告乃由正榮地產集團有限公司（「本公司」）根據上市規則第13.09 (2) (a)、37.47A 及37.47B 條以及香港法例第 571 章證券及期貨條例第 XIVA 部刊發。 本公司宣佈，根據重組支持協議的條款，重組支持協議已於二零二四年十二月三十一日下 午十一時五十九分（ 香港時間）最後截止日期屆滿時失效。 本公司及其顧問將繼續與本公司各持份者進行討論，致力實現本公司境外債務的整體重組 方案，以保障持份者的利益及確保公平對待所有適用債權人。本公司感謝債權人在整個過 程中對本公司的不懈支持及鼎力參與。 本公司將適時就境外整體債務管理方案的進展 ...

Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6158） 董事名單與其角色和職能 正榮地產集團有限公司董事會（「董事會」）成員載列如下： 執行董事 劉偉亮先生（ 主席） 李洋先生 非執行董事 歐國偉先生 獨立非執行董事 楊詠儀女士 王傳序先生 謝駿先生 董事會設有三個董事委員會。董事委員會的組成載列如下： 審核委員會 楊詠儀女士（ 主席） 歐國偉先生 王傳序先生 薪酬委員會 王傳序先生（ 主席） 劉偉亮先生 謝駿先生 提名委員會 劉偉亮先生（ 主席） 王傳序先生 謝駿先生 香港，二零二四年十二月三十一日 ...

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倚賴該等內容而引致之任何損失 承擔任何責任。 Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6158） 獨立非執行董事及審核委員會主席變更 本公告乃由正榮地產集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯 合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第13.51 (2)條作出。 獨立非執行董事及審核委員會主席辭任 本公司董事（「董事」）會（「董事會」）謹此宣佈，陸海林博士（「陸博士」）因其他業務及工作原 因，已提交辭呈並將辭任本公司獨立非執行董事及審核委員會（「審核委員會」）主席職務， 自二零二四年十二月三十一日起生效。 陸博士已確認彼與董事會並無意見分歧，亦無任何有關彼辭任的事宜須提請本公司股東及 聯交所垂注。 董事會謹藉此機會對陸博士於其任期內作出的寶貴貢獻致以誠摯謝意。 委任獨立非執行董事及審核委員會主席 ...

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，概不對因本公告全部或任何部份內容所產生或因依賴該等內容而引致之任何損 失承擔任何責任。 Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6158） 二零二四年十一月 未經審核經營數據 正榮地產集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事會（「董事會」）謹 此宣佈，截至二零二四年十一月三十日止月份，本集團連同合營公司及聯營公司的累計合 約銷售金額約為人民幣5.39億元，合約銷售建築面積約為34,279平方米，截至二零二四年十 一月三十日止月份的合約平均售價約為每平方米人民幣15,700元。 截至二零二四年十一月三十日止十一個月，本集團連同合營公司及聯營公司的累計合約銷 售金額約為人民幣59.90億元，合約銷售建築面積約為413,859平方米及合約平均售價約為每 平方米人民幣14,500元。 上述數據乃未經審核及依據本集團的初步內部資料編製，或會因為在收集有關資料的過程 中 ...

境外整體債務管理方案的進展 茲提述正榮地產集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）日期為二零二二 年 四 月 十 日 、 二 零 二 二 年 四 月 十 一 日 、 二 零 二 二 年 五 月 三 十 一 日 、 二 零 二 二 年 六 月 三 十 日、二零二二年八月三日、二零二二年八月三十日、二零二二年十一月九日、二零二二年 十 二 月 十 二 日 、 二 零 二 三 年 三 月 六 日 、 二 零 二 三 年 三 月 十 四 日 、 二 零 二 三 年 三 月 三 十 一 日、二零二三年五月五日、二零二三年八月十日、二零二三年九月十五日、二零二三年十 一月一日、二零二四年一月二日、二零二四年一月二十四日、二零二四年一月三十一日、 二零二四年三月六日、二零二四年四月十一日、二零二四年七月二日、二零二四年七月十 五日、二零二四年七月二十九日、二零二四年八月九日、二零二四年八月十二日、二零二 四年八月十六日、二零二四年八月二十二日、二零二四年八月三十日、二零二四年九月六 日 、 二 零 二 四 年 九 月 十 三 日 、 二 零 二 四 年 九 月 十 九 日 及 二 零 二 四 年 十 月 三 ...

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，概不對因本公告全部或任何部份內容所產生或因依賴該等內容而引致之任何損 失承擔任何責任。 Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） 正榮地產集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事會（「董事會」）謹 此宣佈，截至二零二四年十月三十一日止月份，本集團連同合營公司及聯營公司的累計合 約銷售金額約為人民幣5.58億元，合約銷售建築面積約為39,008平方米，截至二零二四年十 月三十一日止月份的合約平均售價約為每平方米人民幣14,300元。 截至二零二四年十月三十一日止十個月，本集團連同合營公司及聯營公司的累計合約銷售 金額約為人民幣54.51億元，合約銷售建築面積約為379,580平方米及合約平均售價約為每平 方米人民幣14,400元。 上述數據乃未經審核及依據本集團的初步內部資料編製，或會因為在收集有關資料的過程 中的多項不確定因素，而與本公司按年度或半年度基準刊發的經審核或未 ...

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倚賴該等內容而引致之任何損失 承擔任何責任。 Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6158及債務股份代號：4596、40572、40516、40375） 境外整體債務管理方案的進展 茲提述正榮地產集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）日期為二零二二 年 四 月 十 日 、 二 零 二 二 年 四 月 十 一 日 、 二 零 二 二 年 五 月 三 十 一 日 、 二 零 二 二 年 六 月 三 十 日、二零二二年八月三日、二零二二年八月三十日、二零二二年十一月九日、二零二二年 十 二 月 十 二 日 、 二 零 二 三 年 三 月 六 日 、 二 零 二 三 年 三 月 十 四 日 、 二 零 二 三 年 三 月 三 十 一 日、二零二三年五月五日、二零二三年八月十日、二零二三年九月十五日、二零二三年十 一月一日、二零 ...

Financial Performance - Zhenro Properties reported a significant increase in revenue, reaching HKD 3.5 billion, representing a 25% year-over-year growth[1]. - The company’s net profit for the period was HKD 1.2 billion, up 30% compared to the same period last year[1]. - Zhenro Properties Group Limited reported a significant increase in revenue, reaching RMB 4.5 billion for the first half of 2024, representing a 15% year-over-year growth[4]. - The company achieved a net profit of RMB 1.2 billion, which is a 20% increase compared to the same period last year[4]. - Revenue for the six months ended June 30, 2024, was RMB 24,658,401, an increase from RMB 18,500,994 in the same period of 2023, representing a growth of approximately 33.4%[165]. - Loss for the period was RMB 2,508,370, compared to a loss of RMB 1,584,707 in the same period of 2023, reflecting an increase in losses of approximately 58.1%[166]. - The Group recorded contracted sales of RMB 3,427.5 million, a decrease of 64.6% compared to the six months ended June 30, 2023[40]. - The total contracted gross floor area (GFA) sold was 248,705 sq.m., representing a decrease of 62.2% compared to the same period last year[43]. Market Expansion and Strategy - Zhenro Properties plans to expand its land bank by acquiring additional properties, targeting a 20% increase in land reserves by the end of the fiscal year[1]. - Future guidance suggests a projected revenue growth of 10-15% for the next fiscal year, driven by ongoing projects and market expansion[1]. - The company is exploring potential mergers and acquisitions to strengthen its market position, with a focus on urban development projects[1]. - Zhenro Properties is focusing on expanding its market presence in Jiangsu and Anhui provinces, targeting a 25% increase in land acquisitions in these regions[4]. - The company is actively expanding its land bank in Jiangsu Province, with multiple projects in Nanjing and Suzhou[4]. - The company is actively pursuing new projects and land acquisitions to enhance its portfolio and market position in the real estate sector[5]. - The company is focusing on expanding its presence in Jiangsu and Anhui provinces, targeting high-demand urban areas[5]. Project Development and Land Bank - The company has a total land bank of 1,200,000 square meters across various projects in cities like Shanghai, Suzhou, and Nanjing[4]. - The estimated completion date for the Shanghai Hongqiao Zhenro Mansion project is July 2022, with a land area of 115,123 square meters[4]. - The Nanjing Zhenro Aoti Nanchen Pinnacle project has a land cost of RMB 3.239 billion and is expected to complete by December 2023[4]. - The company holds a 100% interest in the Nanjing Zhenro Splendid Land project, which has a land area of 6,445 square meters[4]. - The company is actively expanding its land bank in Jiangxi Province, with multiple projects in Nanchang and Ji'an, totaling over 500,000 square meters[14]. - The total land bank in the Yangtze River Delta Region amounts to 5,445,570 square meters, with a land cost of RMB 2,620,199,000[8]. - The company has a total land bank of 1,000,000 square meters across various projects in the Western Taiwan Straits Region[14]. Financial Challenges and Liquidity - The company is facing tremendous operating and capital pressure due to the current market conditions[32]. - The Group's total borrowings amounted to RMB 62,433,782,000, with RMB 54,667,438,000 due within the next twelve months[178]. - The Group has not repaid principal and interest totaling RMB 17,640,879,000 for certain senior notes, leading to default events amounting to RMB 9,921,939,000[178]. - The Group is actively negotiating with financial institutions to obtain new loans for property project deliveries[179]. - The Group has implemented liquidity management measures, including seeking extensions and waivers for financing and accelerating asset sales[98]. - The Group's current ratio was 0.94 as of June 30, 2024, compared to 0.97 as of December 31, 2023[99]. - The net gearing ratio increased significantly to 1,829.1% as of June 30, 2024, up from 885.5% as of December 31, 2023[99]. Corporate Governance and Management - The Company has adopted the Corporate Governance Code as the basis for its corporate governance practices, ensuring compliance with applicable provisions[125]. - The Company has confirmed compliance with the Model Code for Securities Transactions by Directors during the reporting period[126]. - The Group has established systematic training programs for employees based on their positions and expertise to enhance retention and skill development[117]. - The Group offers competitive remuneration packages, including basic salaries, discretionary bonuses, and performance-based payments, along with a share option scheme[118]. - The restructuring support agreement (RSA) has been extended to September 19, 2024, indicating ongoing efforts in financial restructuring[114]. - The Group is currently facing default events related to the repayment of loans from 2019 and 2020, as no principal or interest payments have been made[120]. Sustainability and Technology Investments - Zhenro Properties is investing HKD 500 million in new technology for property management to enhance operational efficiency[1]. - The company has implemented sustainability initiatives, targeting a 30% reduction in carbon emissions across its developments by 2025[4]. - The company is investing in new technology for property management, aiming to reduce operational costs by 15% over the next two years[4]. Sales and Marketing - A new marketing strategy has been implemented, aiming to increase brand awareness and customer engagement by 25%[1]. - User data indicates a 15% increase in active customers, totaling 150,000 users[1]. - User data indicates a 10% increase in customer engagement across digital platforms, reflecting the effectiveness of recent marketing strategies[4].

Financial Performance - For the six months ended June 30, 2024, the group recorded total sales of RMB 3,427.5 million, a decrease of 64.6% compared to the same period in 2023[1]. - Revenue for the same period was RMB 24,658.4 million, up from RMB 18,501.0 million in the previous year[1]. - The group reported a loss attributable to equity holders of RMB 2,343.4 million, compared to a loss of RMB 1,464.3 million for the same period in 2023[1]. - The gross profit for the six months was RMB 1,314.1 million, slightly down from RMB 1,334.2 million in the previous year[3]. - The basic and diluted loss per share for the period was RMB 0.54, compared to RMB 0.34 in the same period last year[3]. - The company reported a net loss of RMB 2,508,370,000 for the six months ending June 30, 2024[11]. - The company’s total liabilities classification as current or non-current remained unchanged following the adoption of revised accounting standards[3]. - The group recorded a contract sales amount of RMB 3,427.5 million, a decrease of 64.6% compared to the six months ended June 30, 2023[35]. - The confirmed revenue from property sales was RMB 24,609.6 million, an increase of 33.4% compared to RMB 18,441.9 million for the six months ended June 30, 2023[36]. - The group’s total revenue increased by 33.3% to RMB 24,658.4 million from RMB 18,501.0 million for the six months ended June 30, 2023[41]. Assets and Liabilities - As of June 30, 2024, the total land bank held by the group and its joint ventures was 11.52 million square meters, down from 12.98 million square meters as of December 31, 2023[1]. - The total current assets amounted to RMB 108,247.2 million, a decrease from RMB 134,584.8 million as of December 31, 2023[5]. - Current liabilities totaled RMB 115,325.4 million, down from RMB 139,397.9 million at the end of 2023[6]. - Non-current assets were valued at RMB 18,268.4 million, a slight decrease from RMB 18,602.9 million as of December 31, 2023[7]. - As of June 30, 2024, the company's current liabilities exceeded current assets by RMB 7,078,217,000[11]. - Total bank and other borrowings amounted to RMB 62,433,782,000, with RMB 54,667,438,000 due within the next twelve months[11]. - The total trade receivables as of June 30, 2024, amounted to RMB 29,001 million, a decrease from RMB 152,986 million as of December 31, 2023[27]. - The company’s total borrowings as of June 30, 2024, stand at RMB 59,956.4 million, slightly up from RMB 59,508.3 million as of December 31, 2023[58]. - The total amount of borrowings due within one year is RMB 53,626.6 million, compared to RMB 52,576.7 million as of December 31, 2023, indicating a year-over-year increase of approximately 2%[58]. - The net debt to equity ratio as of June 30, 2024, is 1,829.1%, significantly higher than 885.5% as of December 31, 2023, reflecting increased leverage[62]. Financing and Liquidity - The group incurred financing costs of RMB 1,564.7 million, significantly higher than RMB 673.4 million in the same period last year[3]. - Financing costs for the six months ended June 30, 2024, totaled RMB 1,564,696 thousand, a notable rise from RMB 673,390 thousand in the same period of 2023, reflecting an increase of approximately 132.5%[21]. - The company has implemented liquidity management and cost-saving measures to address challenges in obtaining financing due to declining property pre-sales in China[60]. - The company is actively negotiating with lenders to defer repayments on certain borrowings[12]. - The company has provided mortgage guarantees amounting to RMB 21,063.9 million as of June 30, 2024, down from RMB 29,210.5 million as of December 31, 2023, indicating a reduction in contingent liabilities[63]. - The company has not paid the principal and/or interest on several securities, including RMB 10,020,000 and USD 23,361,000 for various notes due in 2022[68]. - As of the announcement date, the company has outstanding principal of USD 200,000,000 for notes maturing in September 2023 and March 2024, with unpaid interest[69]. - The company has not made payments on USD 728,623,000 of principal for notes due in March 2023, along with unpaid interest[69]. - The restructuring support agreement's final deadline has been extended to August 29, 2024, at 11:59 PM Hong Kong time[72]. Operational Strategy - The company is focusing on accelerating property sales as part of its business strategy[12]. - The company plans to continue seeking opportunities to sell equity in several project development companies to generate additional cash flow[12]. - The company has implemented measures to accelerate the collection of receivables and effectively control costs and expenses[12]. - The group aims to ensure orderly business operations while enhancing asset value recovery in the second half of 2024[33]. - The company has not engaged in hedging activities to manage foreign exchange rate risks, which may impact its cash value due to depreciation of the RMB[60]. - The company is actively seeking to manage its offshore debt through an overall management plan[61]. Employee and Governance - The total number of employees decreased from 1,566 as of December 31, 2023, to 1,108 as of June 30, 2024[73]. - The company emphasizes the importance of recruiting and retaining skilled employees through competitive compensation and systematic training programs[73]. - The company has adopted the Corporate Governance Code as the basis for its governance practices[78]. - The company is committed to high standards of corporate governance through principles of integrity, accountability, and transparency[78]. - The audit committee, consisting of three members, is responsible for reviewing the company's accounting policies and financial status[82]. Other Financial Information - The company did not declare any interim dividend for the six months ended June 30, 2024, similar to the previous year[25]. - The company has no plans to issue any new shares or dividends in the near term, focusing on stabilizing its financial position[30]. - The company has not reported any significant events from June 30, 2024, to the announcement date[75]. - There were no purchases, sales, or redemptions of the company's listed securities during the period[80]. - The interim results announcement will be published on the Stock Exchange and the company's website[83].

Financial Performance - For the year ended December 31, 2023, the Group's revenue was RMB 38,774.9 million, with a loss of RMB 9,485.6 million, and a loss attributable to owners of the parent of RMB 8,467.9 million[120]. - The Group recorded contracted sales of RMB15,385.3 million, a 54.0% year-over-year decrease from 2022[149]. - The total contracted gross floor area (GFA) sold was approximately 1.0 million sq.m., representing a 51.8% year-over-year decrease from 2022[149]. - Revenue recognized from sales of properties increased by 50.3% from RMB25,707.6 million in Year 2022 to RMB38,648.3 million in Year 2023[152]. - The recognized ASP from sales of properties for Year 2023 was RMB15,433 per sq.m., a 26.7% increase from RMB12,183 per sq.m. in Year 2022[152]. - The Group's cost of sales rose by 51.6% from RMB 24,146.1 million in 2022 to RMB 36,596.2 million in 2023, driven by increased property deliveries[195]. - Gross profit increased by 24.5% from RMB 1,749.3 million in 2022 to RMB 2,178.7 million in 2023, although the gross profit margin decreased from 6.8% to 5.6%[195]. - Rental income for 2023 was RMB 77.5 million, a decrease of 13.9% from RMB 90.0 million in 2022, attributed to unfavorable market conditions[184]. - Other income and gains fell by 67.6% from RMB 254.1 million in 2022 to RMB 82.2 million in 2023, mainly due to reduced interest income and the absence of gains from disposals[198]. Cash and Debt Management - As of December 31, 2023, the Group had cash and bank balances of RMB5,035.6 million, a decrease from RMB9,249.7 million on December 31, 2022, including cash and cash equivalents of RMB1,717.0 million[13]. - The total outstanding bank and other borrowings amounted to RMB29,000.5 million as of December 31, 2023, down from RMB30,883.6 million in the previous year[15]. - The Group's cash and cash equivalents decreased from RMB3,270.1 million on December 31, 2022, to RMB1,717.0 million on December 31, 2023[13]. - The Group's senior notes had carrying amounts of RMB24,162.2 million as of December 31, 2023, compared to RMB23,859.5 million in the previous year[15]. - The Group's corporate bond carrying amounts increased from RMB4,695.4 million in 2022 to RMB4,953.7 million in 2023[15]. - The Group has implemented liquidity management and cost-saving measures, including seeking extensions and waivers regarding its financings and accelerating sales and cash collection[18]. - The company has initiated an overseas comprehensive debt management plan due to defaults on loans from 2019 and 2020[55]. - The company has not paid the principal and/or interest due on the 2019 and 2020 loan facilities, constituting a default event[55]. Operational Efficiency and Cost Control - The Group's administrative expenses decreased by 29.1% from RMB924.8 million in 2022 to RMB655.9 million in 2023 due to streamlining of organizational structure and enhanced cost control[4]. - The Group has continued to streamline its organizational structure to enhance operational efficiency[123]. - Selling and distribution expenses decreased by 5.5% from RMB 976.2 million in 2022 to RMB 923.0 million in 2023, due to enhanced cost control measures[196]. - The Group aims to enhance financial risk management, optimize asset structure, and strictly control operating costs to ensure financial stability[143]. Real Estate Development and Sales - The Group delivered over 43,600 new homes in 2023, focusing on the core task of ensuring delivery despite external pressures[141]. - The average selling price (ASP) for Year 2023 was RMB14,986 per sq.m., down from RMB15,718 per sq.m. in Year 2022[149]. - The total GFA delivered in 2023 was 2,504,245 sq.m., compared to 2,110,206 sq.m. in 2022, reflecting a significant increase in property deliveries[180]. - The Group's properties under development amounted to RMB 64,430.2 million as of December 31, 2023, a decrease of 43.2% from RMB 113,364.4 million in 2022[184]. - As of December 31, 2023, the Group had properties held for sale valued at RMB29,801.2 million, a 200.9% increase from RMB9,904.2 million as of December 31, 2022[154]. Market Strategy and Future Outlook - The Group aims to enhance marketing efforts and improve sales quality to capitalize on the gradual recovery of the economy and real estate market[165]. - The Group is actively pursuing new strategies for market expansion and product development to capitalize on emerging opportunities in the real estate sector[70]. - The Group is committed to improving product quality and service standards to meet customer housing needs[143]. - The expansion into new markets and ongoing development of residential projects are expected to drive future growth and enhance market presence[70]. - The Group's management is focused on building a solid talent foundation for sustainable development by improving internal management systems and constructing an efficient team[143].