Group 1: Real Estate Industry Overview - In the first seven months of the year, the funding for real estate development enterprises in Henan province increased by 0.3% year-on-year, with domestic loans decreasing by 15.2% and self-raised funds increasing by 1.7% [1] - The total overdue debt of nine subsidiaries of CIFI Group amounts to approximately 1.05 billion yuan, primarily related to bank project loans [2] Group 2: Company Financial Performance - Zhengrong Real Estate expects a loss attributable to shareholders of 6.4 billion to 6.6 billion yuan for the first half of 2025, a significant increase from a loss of approximately 2.343 billion yuan in the same period last year [3] - Baolong Real Estate anticipates a loss of approximately 2.6 billion to 2.9 billion yuan for the first half of the year, compared to a loss of 2.047 billion yuan in the same period last year [4] Group 3: Debt Issuance - Midea Real Estate issued a total of 500 million yuan in medium-term notes, with a term of 2 years and an interest rate of 3.15% [5]

Core Viewpoint - The company expects to report a significant increase in losses for the six months ending June 30, 2025, with projected losses attributable to shareholders ranging from RMB 6.4 billion to RMB 6.6 billion, compared to approximately RMB 2.34 billion for the same period ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated increase in losses is primarily due to a substantial decrease in the number of delivered projects, dropping from approximately 13,500 to about 2,000, resulting in a gross profit decline of approximately RMB 1.18 billion [1] - The interest capitalization rate has decreased, leading to a financing cost increase of about 25%, or approximately RMB 382 million [1] - The company expects to recognize impairment losses of approximately RMB 1.97 billion for properties under development and completed properties held for sale, compared to approximately RMB 1.20 billion in the same period last year [1] - Net impairment losses on financial assets are projected to be approximately RMB 1.35 billion, up from approximately RMB 119 million in the same period last year [1] - The company anticipates a net foreign exchange loss of approximately RMB 337 million, compared to approximately RMB 34 million in the same period last year [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） – 1 – 本公告所載資料僅以對本集團本期間未經審核管理賬目及其他目前可得資料所作初步評估 為依歸，而有關賬目及資料未經本公司核數師或本公司審核委員會審核或審閱，並可能須 予進一步調整或修訂。敬請本公司股東及潛在投資者細閱本公司預期於二零二五年八月底 之前刊發的本期間中期業績公告。 內幕消息 盈利警告 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 合交易所有限公司證券上市規則（「上市規則」）第13.09 (2) (a)條及證券及期貨條例（ 香港法例 第571章）第XIVA部作出。 本公司董事會（「董事會」）謹此知會其股東及潛在投資者，根據對本集團截至二零二五 ...

Core Viewpoint - Zhengrong Real Estate (06158.HK) announced that it will hold a board meeting on August 28, 2025, to consider and potentially approve the unaudited interim results for the six months ending June 30, 2025, and to discuss the distribution of an interim dividend, if deemed appropriate [1] Group 1 - The board meeting is scheduled for August 28, 2025 [1] - The meeting will focus on the unaudited interim results for the six months ending June 30, 2025 [1] - The company will also consider the distribution of an interim dividend [1]

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） 董事會會議日期 正榮地產集團有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公司將於二零二五年八 月二十八日（ 星期四 ）舉行董事會會議，藉以（ 其中包括 ）考慮及（ 如認為適當 ）批准本公司及 其附屬公司截至二零二五年六月三十日止六個月之未經審核中期業績及其發佈，以及考慮 派發中期股息（ 如有）。 承董事會命 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。 Zhenro Properties Group Limited 正 榮 地 產 集 團 有 限 公 司 董事會主席 陳競德 香港，二零二五年八月十八日 於本公告日期，執行董事為陳競德先生及金明捷先生，非執行董事周偉成先生以及獨立非執行董事為王傳序 先生、謝駿先生及楊詠儀女士。 ...

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） 於二零二五年八月十五日舉行之 股東特別大會投票表決結果 董事會欣然宣佈，於二零二五年八月十五日舉行之股東特別大會上，股東特別大會通告 所載的普通決議案以投票表決方式正式通過。 謹此提述正榮地產集團有限公司（「本公司」）日期均為二零二五年七月二十九日的有關建議 委任核數師的通函（「通函」）及於二零二五年八月十五日（ 星期五 ）召開股東特別大會（「股東 特別大會」）的通告（「股東特別大會通告」）。除另行界定者外，本公告所用的詞彙與通函所 界定者具有相同涵義。 股東特別大會的投票表決結果 董事會欣然宣佈，於股東特別大會上，股東特別大會通告所載的普通決議案以投票表決方 式通過。 於股東特別大會當日，已發行股份總數為4,367,756,000股，即賦予 ...

Group 1 - The auction for the Shanghai Qingpu Zhengrong Center, including the construction project and corresponding state land use rights, was held from August 4 to August 7, 2025, but ended in failure as it attracted 5,512 views with no bids placed [1][3] - The project is owned by Zhengrong Yutian (Shanghai) Real Estate Development Co., Ltd., a wholly-owned subsidiary of Zhengrong Real Estate Holdings Co., Ltd., which is part of Zhengrong Real Estate Group [3] - The auction starting price was set at 65.226 million yuan, approximately 69% of the assessed value of 93.18 million yuan, yet it still failed to attract any bidders [5] Group 2 - The project was initially acquired in 2014 for 2.56 billion yuan with a nearly 60% premium, aimed at developing a 106,000 square meter commercial complex, reflecting Zhengrong's strategic expansion in the Yangtze River Delta [3] - The project has been stalled since its commencement in 2019 due to a debt crisis, with the construction currently at a standstill and requiring an estimated 300 million yuan to complete the interior [5] - Zhengrong Real Estate's financial situation has deteriorated, with a reported 27.8279 billion yuan in outstanding bank and other borrowings and only 3.78 billion yuan in cash and bank balances as of December 2024 [5][6] Group 3 - The overall market for commercial properties in Shanghai has seen a significant decline, with the total transaction volume in the first half of 2025 dropping to less than half of previous years, indicating a challenging environment for auctioning commercial assets [6] - The failure of the Qingpu Zhengrong Center auction is part of a broader trend, as other properties like the Sunshine City Shanghai Headquarters Building and the Taihe Group Shanghai Headquarters Building have also faced unsuccessful auctions [6]

Core Insights - The "Shanghai Qingpu Zhengrong Center" construction project in Xu Jing Town, Qingpu District, Shanghai, has seen its state-owned land use rights go unsold, with a starting price of approximately 650 million yuan and an assessed value of about 930 million yuan [1] Summary by Category - **Project Details** - The land parcel is located east to Taibao Bridge Road, south to Ni Jia Jiao Road, west to Lianmin Road, and north to Xu He Road [1] - The total area of the land is 24,039.00 square meters, with the land use rights area being 24,039.17 square meters [1] - **Land Use** - The designated land use is for the catering and hotel industry, as well as commercial purposes [1]

Core Insights - The auction for the "Shanghai Qingpu Zhengrong Center" construction project and its corresponding state-owned land use rights ended without any bids, despite a starting price set at approximately 70% of the assessed value [3][4] Group 1: Auction Details - The auction took place from August 4 to August 7, 2025, for a construction project located in Xu Jing Town, Qingpu District, Shanghai, with a land use area of approximately 24,039 square meters and a total construction area of 106,112 square meters [3] - The assessed value of the auctioned property was 931.8 million yuan, with the land value accounting for 620 million yuan and the construction value at 311.8 million yuan [3] - The starting bid was set at 652.3 million yuan, but there were no participants in the bidding process over the three-day period [3] Group 2: Company Background - The owner of the project is Zhengrong Yutian (Shanghai) Real Estate Development Co., Ltd., which is wholly owned by Zhengrong Real Estate Holdings Co., Ltd. [4] - Zhengrong Group acquired the land in February 2014 for 2.56 billion yuan, with a floor price of 15,786 yuan per square meter and a premium rate of 59.4% [4] - The original plan for the site included a mixed-use commercial complex featuring a shopping center, high-end offices, a star-rated hotel, and boutique apartments, with a total planned construction area of approximately 106,000 square meters [4] - The project has been stalled since 2022 due to financial difficulties faced by Zhengrong Real Estate, leading to a disruption in the construction process [4]

北京商报讯（记者 王寅浩 李晗）8月6日，正荣地产披露7月未经审核经营简报。简报显示，7月正荣地 产连同其附属公司连同合营公司及联营公司的累计合约销售金额约为3.36亿元，合约销售建筑面积约为 2.29万平方米，合约平均售价约为1.46万元/平方米。 ...