格隆汇1月6日丨绿城管理控股(09979.HK)公布，截至2025年12月31日止年度，集团新拓代建项目的合约 总建筑面积达3,535万平方米，较去年同期下降约3.1%；新拓代建项目代建费预估为人民币93.5亿元， 较去年同期增长约0.4%。 ...

智通財經APP訊，綠城管理控股(09979)發佈公告，截至2025年12月31日止年度，集團新拓代建項目的合 約總建築面積達3535萬平方米，較去年同期下降約3.1%;新拓代建項目代建費預估爲人民幣93.5億元， 較去年同期增長約0.4%。 ...

GREENTOWN MANAGEMENT HOLDINGS COMPANY LIMITED 綠 城 管 理 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：09979） 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，概不對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的任何損失承擔任何責任。 自願性公告 業務更新 本公告乃由綠城管理控股有限公司（「本公司」，連同其附屬公司、合營及聯營公司統稱 「本集團」）按自願基準作出。 本公司董事（「董事」）會（「董事會」）謹此向本公司股東及有意投資者提供本集團業務發展 的最新情況。 截至2025年12月31日止年度，本集團新拓代建項目的合約總建築面積達3,535萬平方米， 較去年同期下降約3.1%；新拓代建項目代建費預估為人民幣93.5億元，較去年同期增長 約0.4%。 上述數據未經審核，乃根據本集團初步內部資料編製，鑑於收集該等銷售資料過程中存 在各種不確定因素，該等數據與本公司按年度或半年度將予刊發的經審核或未經審核綜 合財務報表中 ...

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12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: 綠城管理控股有限公司 呈交日期: 2026年1月5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) | 09979 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | 本月底法定/註冊股本總額： ...

Core Insights - The report emphasizes the importance of stabilizing expectations in the real estate market, highlighting the need for proactive measures to shorten adjustment periods and smooth market fluctuations [5][14][17] - The article from "Qiushi" magazine outlines the critical role of real estate in the national economy and stresses the necessity of maintaining policy strength to align with market expectations [5][14][16] Section Summaries 1. Policy Environment During New Year - The article in "Qiushi" magazine discusses the current phase of the real estate market, indicating a shift from housing shortages to a balance in supply, with a focus on quality over quantity in housing demand [13][15] - It highlights the financial asset nature of real estate, emphasizing its significance in stabilizing the economy and the need for effective expectation management [14][15] 2. Transaction Performance: New and Second-Hand Housing - New housing transactions during the New Year period saw a significant decline, with a daily average of 15.66 million square meters sold across 32 cities, down 44.8% year-on-year [19][21] - In contrast, second-hand housing transactions showed relative stability, with an average of 2,676 units sold daily across 80 cities, a slight decrease of 1.1% year-on-year [26][28] 3. Market Trends and Insights - The real estate sector's performance was weak, with the SW real estate index down 0.7%, underperforming the CSI 300 index by 0.1 percentage points [5][19] - The report notes that the PB valuation for major developers is at 0.45x, indicating low market expectations for price recovery [5][19] 4. Company Valuation and Financial Analysis - The report provides a detailed valuation analysis of key companies in the real estate sector, indicating a "Buy" rating for several firms based on their projected earnings and valuation metrics [6][19] - Companies like Vanke A and China Overseas Development are highlighted for their potential upside based on current market conditions and valuations [6][19] 5. Future Outlook - The report suggests that despite current challenges, there remains significant potential for growth in housing services, second-hand transactions, and real estate asset management, with estimates indicating a need for 10 to 14.9 million new homes annually [16][18] - It emphasizes the importance of maintaining policy strength and aligning it with market expectations to foster recovery in the real estate sector [16][18]

Core Viewpoint - The event "Technology Empowerment · Capital Breakthrough" held by Gelonghui on December 22 revealed the annual list of outstanding companies, highlighting the recognition of social responsibility in corporate management [1] Group 1: Awards and Recognition - Greentown Management Holdings (9979.HK) was awarded the "Annual Social Responsibility Award" in the Gelonghui "Golden Award" annual outstanding company selection [1] - The "Annual Social Responsibility Award" acknowledges the company's long-term commitment to fulfilling social responsibilities and recognizes its management quality and personnel competence [1] Group 2: Importance of Social Responsibility - A strong sense of social responsibility is deemed essential for sustainable corporate development, enhancing competitiveness as an economic entity [1]

Core Viewpoint - The "Golden Award" annual excellence company selection by Gelonghui recognizes companies for their social responsibility and management quality, highlighting the importance of corporate social responsibility for sustainable development [1][2]. Group 1: Award Winners - Ten companies received the "Annual Social Responsibility Award," including: - Damai Entertainment (01060.HK) - Urban Beauty (02298.HK) - Greentown Management Holdings (09979.HK) - Qifu Technology-S (03660.HK) - Qingniao Fire Protection (002960.SZ) - Tencent Holdings (00700.HK) - Xiaocai Garden (00999.HK) - iFlytek Medical Technology (02506.HK) - Yuehai Investment (00270.HK) - ZhongAn Online (06060.HK) The ranking is in alphabetical order and does not indicate priority [1]. Group 2: Evaluation Process - The selection process for the awards involved quantitative data analysis and an expert review panel to determine the final results [1]. - The aim of the "Golden Award" is to create a valuable reference for investors regarding listed companies and unicorns across various stock exchanges, including the Hong Kong Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, New York Stock Exchange, and NASDAQ [2].

Core Viewpoint - The 2025 National Top Ten Works selection process has commenced, with public voting starting from December 19 to December 25, 2023, following expert evaluations held on December 18-19, 2023 [1][3]. Group 1: Voting Process and Categories - The public voting phase allows participants to select their preferred high-end, light luxury, and quality residential products, with each individual allowed to vote once per category and select up to ten projects [12]. - The final results will be based on the cumulative valid votes from all participants, and the winners will be announced in early January 2026 [11]. Group 2: Evaluation and Selection - The evaluation process includes expert reviews, public voting, and assessment models, which will determine the final rankings for the "National Top Ten High-end/Light Luxury/Quality Works" and the "China Good House Comprehensive Award/Individual Awards" [11]. - The "Product Power 100" research initiative has been ongoing since 2018, focusing on enhancing product quality and addressing housing pain points in the real estate sector [11]. Group 3: Featured Projects - Various projects have been highlighted, including: - Nanning Bangtai·Lan Jing, a modern high-rise residential development by Bangtai Group [15]. - Shanghai Haishang Yuanshu, featuring modern oriental architecture by Guomao Real Estate and Songjiang Investment [17]. - Zhuhai Huafa Tianxi, a modern residential project by China Resources Land [19]. - Beijing Jingyue Chang'an, showcasing a modern aesthetic by Houtai Group and Jindi Group [26]. - These projects represent a diverse range of architectural styles and residential offerings, emphasizing quality and modern living [15][17][19][26].

Core Viewpoint - The company is proposing a new share incentive plan for 2025 to replace the existing 2022 share award plan, aiming to align the interests of eligible participants with those of the company [1] Group 1: Share Incentive Plan - The company intends to terminate the 2022 share award plan upon the implementation of the 2025 share incentive plan [1] - The 2025 share incentive plan will utilize shares from the 2022 share award plan and, if applicable, from the 2020 share award plan, along with returned shares [1] - As of the announcement date, the 2020 share award plan has not yet been terminated [1] Group 2: Transition of Shares - Upon the adoption of the 2025 share incentive plan, all granted but unvested shares under the 2022 share award plan will become unexercised shares, and participants will no longer have rights to these shares [1] - All unexercised shares from the previous plan will be transferred to the 2025 share incentive plan [1]

Core Viewpoint - The company is proposing a new share incentive plan to replace the 2022 share award plan, aiming to align the interests of eligible participants with those of the company, with the new plan set to take effect in 2025 [1] Group 1: Share Incentive Plans - The new share incentive plan for 2025 will replace the existing 2022 share award plan, which will be terminated upon the new plan's implementation [1] - The shares for the 2025 incentive plan will come from the 2022 share award plan and, if applicable, the 2020 share award plan, along with any returned shares [1] - As of the announcement date, the 2020 share award plan has not yet been terminated [1] Group 2: Transition and Approval - The board has resolved to recommend the adoption of the 2025 share incentive plan at a special shareholders' meeting scheduled for December 17, 2025 [1] - Upon the adoption of the 2025 plan, all granted but unvested shares under the 2022 plan will become unexercised shares, and participants will no longer have rights to these shares [1] - All unexercised shares from the previous plan will be transferred to the 2025 share incentive plan [1]