Core Viewpoint - Lanzhou Tianqian Industrial Investment Co., Ltd. successfully acquired the G2519 land parcel for 477.9 million yuan after 181 rounds of bidding, indicating a strategic move by Poly Group to deepen its presence in Lanzhou [1] Summary by Relevant Sections Land Acquisition Details - The G2519 land parcel is located in Qilihe District, Lanzhou, with a total area of 35,918.5 square meters (approximately 53.878 acres) [2][15] - The starting price for the land was 359.18 million yuan, with the current price reaching 477.9 million yuan, reflecting a significant increase in land value [2] - The land is designated for residential use, with specific requirements for urban infrastructure and community facilities to be developed by the winning bidder [16] Land Use and Development Requirements - The land has a floor area ratio (FAR) between 1 and 2.5, a green space ratio of at least 35%, and a building density of no more than 20% [14][15] - The maximum building height is capped at 80 meters, ensuring a controlled urban development [15] - The winning bidder is required to complete several municipal projects, including road construction and community service facilities, which will enhance the living experience in the area [16] Strategic Implications - Poly Group's acquisition of this land is seen as a pivotal step in redefining residential living standards in Lanzhou, with expectations for innovative community designs and amenities [16] - The investment reflects a broader trend of urban development in Lanzhou, aiming to meet the growing demands of its residents [16]

Core Viewpoint - Poly Developments has received approval for a total of 10 billion yuan in medium-term note registration from the China Interbank Market Dealers Association, valid for two years from the date of the acceptance notice [1] Group 1 - The company has obtained two acceptance notices for medium-term note registration, with each notice approving a registration limit of 5 billion yuan, totaling 10 billion yuan [1] - The acceptance notices are numbered MTN771 and MTN772, both issued for the year 2025 [1] - Joint lead underwriters for this issuance include major banks such as Industrial and Commercial Bank of China, Ping An Bank, and China Merchants Bank [1]

从中证华夏经济蓝筹股票指数持仓的市场板块来看，上海证券交易所占比57.87%、深圳证券交易所占 比42.13%。 从中证华夏经济蓝筹股票指数持仓样本的行业来看，工业占比18.68%、可选消费占比16.16%、信息技 术占比13.65%、通信服务占比10.08%、原材料占比9.82%、主要消费占比8.99%、金融占比7.49%、房地 产占比6.16%、医药卫生占比4.18%、公用事业占比2.55%、能源占比2.24%。 据了解，中证华夏经济蓝筹股票指数分行业选取一定数量财务基本面良好的蓝筹证券作为指数样本，行 业权重根据各行业对国民经济的贡献度进行分配，行业内样本根据财务基本面综合得分加权，以综合反 映国民经济产业结构变迁及发展趋势。该指数以2004年12月31日为基日，以1000.0点为基点。 从指数持仓来看，中证华夏经济蓝筹股票指数十大权重分别为：中国建筑（2.64%）、中国中免 （2.35%）、牧原股份（2.23%）、温氏股份（1.92%）、神州数码（1.85%）、保利发展（1.85%）、中 国电信（1.85%）、中国中铁（1.64%）、招商银行（1.52%）、中国电建（1.42%）。 资料显示，指数样本 ...

关于中期票据获准注册的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 保利发展控股集团股份有限公司（以下简称"公司"）近日收到中国银行 间市场交易商协会出具的两份《接受注册通知书》，同意接受公司中期票据注 册，注册额度自《接受注册通知书》落款之日起2年内有效。主要内容如下： | 品种 | 《接受注册通知书》 编号 | 注册额度 （亿元） | 联席主承销商 | | --- | --- | --- | --- | | | 中市协注〔2025〕 | | 中国工商银行股份有限公司 平安银行股份有限公司 招商银行股份有限公司 | | | MTN771号 | 50 | 兴业银行股份有限公司 | | | | | 中国光大银行股份有限公司 | | | | | 中国银行股份有限公司 | | 中期票据 | | | 上海浦东发展银行股份有限公司 中国农业银行股份有限公司 | | | 中市协注〔2025〕 | | 中信银行股份有限公司 | | | MTN772号 | 50 | 中国建设银行股份有限公司 | | | | | 渤海银行股份有限 ...

证券代码：600048 证券简称：保利发展 债券代码：110817 债券简称：保利定转 保利发展控股集团股份有限公司 向特定对象发行可转换公司债券 第一次临时受托管理事务报告 （2025 年度） 债券受托管理人 二〇二五年八月 重要声明 本报告依据《公司债券发行与交易管理办法》《关于保利发展控股集团股份 有限公司向特定对象发行可转换公司债券之债券受托管理协议》（以下简称"《受 托管理协议》"）《保利发展控股集团股份有限公司向特定对象发行可转换公司 债券募集说明书》（以下简称"《募集说明书》"）等相关规定，由本次债券受 托管理人中国国际金融股份有限公司（以下简称"中金公司"）编制。中金公司 对本报告中所包含的从上述文件中引述内容和信息未进行独立验证，也不就该等 引述内容和信息的真实性、准确性和完整性做出任何保证或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为中金公司所作的承诺 或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，中金公 司不承担任何责任。 1 中金公司作为保利发展控股集团股份有限公司（以下简称" ...

格隆汇8月19日丨保利发展(600048.SH)公布，公司近日收到中国银行间市场交易商协会出具的两份《接 受注册通知书》，同意接受公司中期票据注册，注册额度自《接受注册通知书》落款之日起2年内有 效。中市协注〔2025〕MTN771号，注册额度50亿元；中市协注〔2025〕MTN772号，注册额度50亿 元。 ...

保利发展8月19日公告，公司近日收到中国银行间市场交易商协会出具的两份《接受注册通知书》，同 意接受公司中期票据注册，注册额度自《接受注册通知书》落款之日起2年内有效。 ...

保利发展获批发行不超过100亿元人民币中期票据。 ...

Core Viewpoint - Leading real estate companies are actively constructing a closed-loop ecosystem that integrates "non-heritage IP excavation + community scene embedding + lifestyle cultivation," reflecting a strategic transformation in response to cultural confidence, consumer quality upgrades, and sustainable development [5][28]. Group 1: Innovative Application of Non-Heritage Design Elements - The innovative application of "non-heritage" design elements in residential projects transcends mere aesthetic decoration, becoming a key pathway for the real estate industry to respond to cultural confidence awakening and consumer quality upgrades [5]. - This practice effectively activates the contemporary vitality and practical value of endangered traditional crafts, deeply shaping the unique cultural temperament of communities and significantly enhancing residents' cultural identity and sense of belonging [5]. Group 2: Case Studies of Non-Heritage Integration - The "Poly Bund Sequence" project in Shanghai is the first residential development to integrate "non-heritage craftsmanship" with "low-carbon prefabricated technology," recognized as Shanghai's first "non-heritage historical preservation residential" project [7][8]. - The project features the meticulous replication of the intangible cultural heritage "cement roughening with embedded pebbles," involving 11 processing steps and requiring approximately 80 kg of pebbles per cubic meter of wall surface [7]. - The "Poly Haiyan Tianjun" project in Ningbo transforms traditional crafts like Ningbo bamboo weaving and gold and silver embroidery into modern design elements, creating a cultural backdrop for the community [10][11]. - The "Dongwangfu" project in Wuxi draws inspiration from classical gardens, employing traditional craftsmanship to create a unique spatial layout, showcasing living heritage in contemporary residential design [20][22]. Group 3: Cultural and Community Development - Leading real estate companies are building a model for cultural preservation, urban organic renewal, and effective community governance through the integration of non-heritage IP and community development [28]. - The empowerment effect of non-heritage IP on communities has extended from architectural texture to community operation, marking a significant shift towards a new era driven by "cultural depth" and "spiritual value" [28]. - Culture has become a core capital defining the future of residential living, emphasizing the importance of cultural identity in community development [28].

Group 1 - The core event involves the sale of a land parcel in Sanya's central business district, covering an area of 70,434.6 square meters with a planned construction area of 162,424.07 square meters [1] - The starting price for the land was set at 113,357 million yuan, with a starting floor price of 6,979 yuan per square meter [1] - The land was ultimately acquired by Sanya Baorui Industrial Development Co., Ltd. (Poly Development) for a total price of 113,366 million yuan, resulting in a transaction floor price of 6,980 yuan per square meter and a premium rate of 0.01% [1]