Group 1 - A new company, Hefei Hexin Real Estate Rental Co., Ltd., has been established with a registered capital of 50 million yuan [1] - The legal representative of the new company is Qiu Honggang [1] - The business scope of the company includes property management, land use rights leasing, hotel management, non-residential real estate leasing, housing leasing, and real estate consulting [1] Group 2 - The company is indirectly wholly owned by Poly Development (stock code: 600048) [1]

据中指研究院，前7个月，保利发展以1632亿元领跑，绿城中国、中海地产则以1368亿元、1319.5亿元紧随其后。此外，包括华润置地、招商蛇口在内，共5 家房企进入"千亿阵营"。 7月TOP10房企中，万科重回第六位，城建发展排名上升3位。 1～7月，TOP50上市房企合计销售额15137.9亿元，其中7月单月销售额1710.2亿元，淡季迹象明显。 头部房企依然稳健 (2025年7月) | | 中国海外发展 | 1201.4 | 不变 | 13.6 | | --- | --- | --- | --- | --- | | 4 | 华润置地 | 1103 | 不变 | 28.8 | | 5 ) | 招商蛇口 | 888.9 | 不变 | 8.71 | | 6 ) | 万科A | 706.8 | 11 | 6.4 | | 7 | 建发股份 | 686.6 | | ↓1 10.1 | | 8 | 越秀地产 | 617 | 不变 | 4.6. | | 9 | 中国金茂 | 533.5 | 不变 | 1.4: | | (10) | 滨江集团 | 527.5 | 不要 | 9.91 | | (11) | 华发股份 | 50 ...

近日，保利发展（600048）一则高管变动消息引发市场关注。 8月8日，保利发展、保利物业相继披露一则高管人事变动公告，保利物业执行董事兼董事长吴兰玉获委 任为保利发展副总经理。 由此，保利发展也迎来最年轻的副总经理。那么，保利发展如今高管阵容如何？吴兰玉的到任将带来什 么新的变化？从上半年业绩来看，保利发展、保利物业各自表现如何？ 物业"掌门"升任集团副总经理 在房地产行业调整之际，保利物业仍然逆势增长也成为整个保利发展的"第二曲线"，而掌门人吴兰玉的 能力也受到了肯定。 "销冠"保利发展的新目标 今年年初，保利发展董事长刘平提出今年要加快构建"一个新的保利发展、三大主业支撑"业务格局的新 目标，积极探索新发展模式。 保利发展于2024年的年报中表示，在行业新旧发展模式转变的关键时期，公司积极探索新发展模式，加 快构建"一个新的保利发展、三大主业支撑"的业务格局。一是做优不动产投资开发业务，巩固行业龙头 地位。二是做大不动产经营业务，创新资产管理机制，大力发展租赁住房，提高持有资产经营收益。三 是做强不动产综合服务，持续推动"大物业"战略落地，提高综合服务的专业化市场化水平，探索第二增 长曲线。 外界猜测， ...

Core Viewpoint - The recent meeting of the State Council Financial Committee signals a commitment to stabilize expectations in the real estate market, with financial regulators emphasizing support for affordable rental housing and addressing the financing needs of housing consumers and real estate companies [1][7]. Group 1: Financial Support for Real Estate Companies - Financial institutions are enhancing support for reasonable financing needs of real estate companies, with increased mortgage lending and signs of declining mortgage rates and shortened loan approval times [1][4]. - Shanghai Jinmao and China Railway Construction Real Estate Group have announced the issuance of real estate industry merger-themed bonds, with Shanghai Jinmao's issuance not exceeding 1.5 billion yuan, primarily to alleviate liquidity pressure [2]. - Banks such as Ping An Bank and Industrial Bank have initiated the issuance of real estate merger-themed bonds, with funds mainly allocated for project acquisitions, indicating a broader trend of financial support for real estate mergers and acquisitions [3]. Group 2: Mortgage Lending Trends - Mortgage lending has accelerated, with banks shortening loan approval times and reducing interest rates. The average mortgage rate for first-time homebuyers in 103 key cities fell to 5.34%, marking the largest monthly decline since 2019 [4][5]. - In cities like Suzhou, mortgage rates have dropped to as low as 4.6%, with major banks offering competitive rates [4][5]. - The average loan approval time in March was 34 days, a reduction of 4 days from the previous month, with nearly half of the cities reporting approval times of less than one month [6]. Group 3: Support for Affordable Housing - The State Council Financial Committee has emphasized the need for financial institutions to enhance support for affordable housing and rental housing, with banks like China Merchants Bank and Ping An Bank committing to increase mortgage loan issuance [7]. - Financial institutions are expected to continue to meet the reasonable financing needs of real estate companies and consumers, with a focus on supporting quality projects and affordable housing developments [7].

中新网11月2日电(中新财经记者 左宇坤)伴随着各上市房企接连披露第三季度业绩报告，前10个月的销 售排行榜也随之出炉。备受关注的头部房企间，出现了一些排名的位移与发展的分化。 在三季度一轮轮高频次、大力度政策利好释放后，各地楼市已经历了需求逐渐入市、成交冲高回落的过 程。持续筑底中，房企该如何在四季度的"抢收战"中抢占先机？ "领头羊"有变 中指研究院发布的《2023年1-10月中国房地产企业销售业绩排行榜》显示，TOP100房企前10月销售总 额为52977亿元，同比下降13.1%。 在市场处于调整期的大背景下，房企间的排名也发生了不小的变化。在去年的1-10月销售榜中，销售额 前五强分别是碧桂园、保利发展、万科、中海地产、华润置地；今年的同一个维度下，前五名变成了保 利发展、万科、中海地产、华润置地、招商蛇口。 经过一年市场调整，保利发展与万科依然是闪亮的"双子星"。其中，保利发展以领先第二名565.5亿元 的优势稳居行业榜首，这一差距可谓是一个中型房企的销售规模。 在2022年初的保利发展2022年度工作会议上，董事长刘平提出了"进三争一"的新目标。虽说到了今年4 月的2022年度业绩说明会上，管理层 ...

Investment Rating - The report maintains a "Recommended" rating for the industry, suggesting a potential increase of over 15% relative to the benchmark index within the next 12 months [9]. Core Insights - In July 2025, the land supply in 23 key cities in China saw a significant decrease in planned construction area, with a month-on-month decline of 62.9%, totaling 343.9 million square meters [1]. - The total land transaction amount reached 888.88 billion yuan, reflecting a 41% decrease compared to the previous month [1]. - The land transaction premium rate in July 2025 rose to 12.41%, indicating a notable recovery since the beginning of the year [3]. - China Resources Land led the land acquisition with 15 plots, totaling 906.69 billion yuan [3]. Summary by Sections Land Supply and Transactions - In July 2025, 106 residential land plots were launched, with 113 plots successfully transacted, amounting to a total planned construction area of 653.68 million square meters [1]. - The land transaction premium rate has shown a significant increase, indicating a recovery in market confidence [3]. Company Land Acquisition - The report highlights the land acquisition activities of major companies, with China Resources Land acquiring the most plots, followed by Greentown China and China Merchants Shekou [4]. - The average land price per square meter for China Resources Land was 20,422 yuan, while Greentown China had an average of 25,031 yuan per square meter [4]. Investment Recommendations - The report suggests focusing on China Jinmao, which has shown significant land acquisition activity and improvements in corporate governance [4].

就在8月8日稍晚时刻，保利物业发布了一则人事变动消息，将今年3月潘志华升任后，保利发展"副总经理空缺席位到底会是谁"的悬念，揭晓了。 填补保利发展副总空缺席位的，正是大家非常熟悉的保利系美女高管， 保利物业执行董事兼董事长吴兰玉。 实际上，这些年来保利发展的副总岗位调动比较频繁，有人去，又有人来，来来去去之间，有一位美女高管雷打不动，就是张艳华。 如今， 吴兰玉的加盟，又将为保利发展的副总天团增添更多柔性的力量和女性的视角。 此次调动，没有从保利内部提拔区域总或者营销总，反而是提拔了这位在物业板块深耕多年的物业掌舵人，也说明保利发展如今对于后端物业服务所带来 的高溢价价值和品牌赋能的重视和认可。 艳姐也特地去查看了一下吴兰玉的履历，真的可以说是地产圈为数不多的地产女全才。 在2005年，吴兰玉加盟保利发展，担任业务经理，负责相关投资事务； 从2005年到2018年期间， 吴兰玉则在保利发展的广州、武汉等城市公司负责销 售、市场营销、客户服务及物业管理相关工作，一路做到了城市公司副总经理。 然而，当很多人认为 吴兰玉的职业之路会继续在保利发展进阶之时，吴兰玉在2018年迎来了职业生涯的转折点：当时她空降保利物业 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2] Core Views - The company remains the industry leader in sales despite a decline in sales volume, with a signed sales amount of 18.01 billion yuan in July 2025, down 28.9% year-on-year [7] - The company has increased its investment intensity, focusing on first- and second-tier cities, with over 90% of its land acquisitions in these areas [7] - The company is expected to gradually recover its valuation due to its strong market position and stable operations, despite facing challenges in the real estate market [7] Financial Performance Summary - Revenue projections for the company show a decline from 346.83 billion yuan in 2023 to an estimated 287.05 billion yuan in 2025, with a revenue growth rate of -10.14% in 2024 and -7.90% in 2025 [6][8] - The net profit attributable to shareholders is projected to decrease significantly from 12.07 billion yuan in 2023 to 5.19 billion yuan in 2025, with a net profit growth rate of -58.56% in 2024 [6][8] - The earnings per share (EPS) is expected to be 0.43 yuan in 2025, with a price-to-earnings (PE) ratio of 18.51 [6][8] Sales and Market Position - The company achieved a signed sales area of 910,000 square meters in July 2025, a decrease of 37.2% year-on-year, but still maintains the top position in the industry [7] - The average sales price for the company in the first seven months of 2025 was 20,260 yuan per square meter, reflecting a year-on-year increase of 12.1% [7] Investment Strategy - The company acquired 27 plots of land in the first seven months of 2025, with 22 plots in first- and second-tier cities and 5 in third- and fourth-tier cities, indicating a strategic focus on high-potential markets [7] - The total investment amount for the company reached 51.87 billion yuan, with over 90% allocated to first- and second-tier cities [7]

保利发展8月11日大宗交易平台出现一笔成交，成交量50.00万股，成交金额401.50万元，大宗交易成交 价为8.03元。该笔交易的买方营业部为国泰海通证券股份有限公司总部，卖方营业部为中信证券股份有 限公司上海分公司。 进一步统计，近3个月内该股累计发生2笔大宗交易，合计成交金额为647.88万元。 证券时报·数据宝统计显示，保利发展今日收盘价为8.03元，上涨0.25%，日换手率为0.94%，成交额为 9.10亿元，全天主力资金净流入4427.29万元，近5日该股累计上涨0.50%，近5日资金合计净流入1.34亿 元。 两融数据显示，该股最新融资余额为32.16亿元，近5日减少4911.61万元，降幅为1.50%。 机构评级来看，近5日共有1家机构给予该股评级，预计目标价最高的是东方证券，8月8日东方证券发布 的研报预计公司目标价为8.33元。（数据宝） 8月11日保利发展大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（ ...

8月11日，保利发展大宗交易成交50万股，成交额401.5万元，占当日总成交额的0.44%，成交价8.03元，较市场收盘价8.03元持平。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-08-11 | 保利发展 | 600048 | 401.5 8.03 | 50 | 国泰海通证券股份 右限公司总部 | 中信证券股份有限 いつー | | ...