| | | | 统计截止日 区间股价涨跌幅 股东户数 增减 增减比例 户均持股市值 (元) 户均持股数(股) | | | | --- | --- | --- | --- | --- | --- | | 2025-06-30 | 3.05% | 59853 -4547 | -7.06% | 50.24万 | 4.84万 | | 2025-03-31 | 2.65% | 64400 -10264 | -13.75% | 47.46万 | 4.58万 | | 2024-12-31 | 3.04% | 74664 -16753 | -18.33% | 41.52万 | 3.95万 | | 2024-09-30 | 14.33% | 91417 8174 | 9.82% | 32.91万 | 3.22万 | 从股价来看，2025年3月31日至2025年6月30日，建发股份区间涨幅为3.05%，在此期间股东户数减少 4547.0户，减幅为7.06%。 证券之星消息，近日建发股份披露，截至2025年6月30日公司股东户数为5.99万户，较3月31日减少 4547.0户，减幅为7.06%。户均持股数量由上期的4.58万股增加 ...

Group 1: Financial Performance - In the first half of 2025, the company achieved a net profit attributable to shareholders of 841 million yuan, with the supply chain operation business contributing 1.42 billion yuan, remaining stable compared to the same period last year despite a decline in commodity prices [1] - The company's overseas business scale exceeded 5.7 billion USD, representing a year-on-year growth of approximately 10% [1] Group 2: Supply Chain Operations - The company accelerated its overseas layout, establishing over 70 foreign companies and offices, with 26 being overseas platform companies [1] - The steel international business volume increased by approximately 17% year-on-year, driven by the localization strategy in countries like Indonesia, Thailand, Vietnam, and Malaysia [1] Group 3: Consumer Goods Business - The consumer goods segment focused on light textiles, general food, and electromechanical sectors, achieving over 24 billion yuan in revenue, with a year-on-year growth rate exceeding 20% [3] - The general food sector generated nearly 4 billion yuan in revenue, with a growth rate close to 25% [3] - The coffee bean business signed procurement contracts for over 40,000 tons, achieving sales exceeding 700 million yuan, a year-on-year increase of over 120% [3]

股票代码：600153 股票简称：建发股份 公告编号：临 2025—038 债券代码：115755 债券简称：23 建发 Y1 债券代码：240217 债券简称：23 建发 Y2 债券代码：240650 债券简称：24 建发 Y1 债券代码：241016 债券简称：24 建发 Y2 债券代码：241137 债券简称：24 建发 Y3 债券代码：241265 债券简称：24 建发 Y4 债券代码：241266 债券简称：25 建发 Y5 厦门建发股份有限公司 第十届董事会第一次会议决议公告 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法律责任。 厦门建发股份有限公司（以下简称"公司"）于 2025 年 8 月 19 日以通讯方 式向各位董事发出了召开第十届董事会第一次会议的通知。会议于 2025 年 8 月 际出席董事 8 人。本次会议的通知、召开及审议程序符合有关法律、法规和《公 司章程》的规定，所作决议合法有效。经过审议并表决，本次会议通过了以下议 案： 一、审议通过《公司 2025 年半年度报告》及其摘要 具体内容详见公司于同日刊 ...

一、审议通过《公司 2025 年半年度报告》及其摘要 具体内容详见公司于同日刊登的公告。 本议案已经公司第十届董事会审计委员会 2025 年第一次会议审议通过。 表决结果：8 票同意，0 票反对，0 票弃权。 二、审议通过《关于计提资产减值准备的议案》 具体内容详见公司于同日刊登的公告（公告编号：2025-039）。 本议案已经公司第十届董事会审计委员会 2025 年第一次会议审议通过。 表决结果：8 票同意，0 票反对，0 票弃权。 特此公告。 | 股票代码：600153 | 股票简称：建发股份 | | | 公告编号：临 | 2025—038 | | --- | --- | --- | --- | --- | --- | | 债券代码：115755 | 债券简称：23 | 建发 | Y1 | | | | 债券代码：240217 | 债券简称：23 | 建发 | Y2 | | | | 债券代码：240650 | 债券简称：24 | 建发 | Y1 | | | | 债券代码：241016 | 债券简称：24 | 建发 | Y2 | | | | 债券代码：241137 | 债券简称：24 | 建发 | Y3 | ...

厦门建发股份有限公司 2025 年半年度报告 公司代码：600153 公司简称：建发股份 厦门建发股份有限公司 2025 年半年度报告 1 / 410 厦门建发股份有限公司 2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人林茂、主管会计工作负责人魏卓及会计机构负责人（会计主管人员）卢瀚舟声明： 保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的发展战略、经营计划等前瞻性陈述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 厦门建发股份有限公司 2 ...

厦门建发股份有限公司 关于计提资产减值准备的公告 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法律责任。 | 股票代码：600153 | 股票简称：建发股份 | | | 公告编号：临 | 2025—039 | | --- | --- | --- | --- | --- | --- | | 债券代码：115755 | 债券简称：23 | 建发 | Y1 | | | | 债券代码：240217 | 债券简称：23 | 建发 | Y2 | | | | 债券代码：240650 | 债券简称：24 | 建发 | Y1 | | | | 债券代码：241016 | 债券简称：24 | 建发 | Y2 | | | | 债券代码：241137 | 债券简称：24 | 建发 | Y3 | | | | 债券代码：241265 | 债券简称：24 | 建发 | Y4 | | | | 债券代码：241266 | 债券简称：25 | 建发 | Y5 | | | 重要内容提示： 公司及子公司 2025 年 1-6 月计提上述各类资产减值准备 162,574.69 ...

Core Viewpoint - The real estate market has seen a recovery in transactions since Q4 2024, driven by favorable policies, but many new land acquisitions are facing challenges in sales and absorption rates as policy benefits wane [1][2][7]. Group 1: Market Conditions - Since Q4 2024, the real estate market has experienced a rebound in transaction volumes, particularly in major cities, influenced by the "926 Housing Policy" [7]. - Despite the initial recovery, many newly acquired lands are struggling with low absorption rates, leading some "land king" projects to delay the application for pre-sale permits [1][2][10]. - In 2025, several projects launched by a top 10 real estate company reported absorption rates below 20%, with only a few projects achieving around 30% [4]. Group 2: Sales Performance - A project managed by a marketing head named Wang Xiao achieved a sales rate of approximately 30%, which is considered the best among new launches in 2025 [4]. - The sales performance varies significantly within the same city, with core area projects performing better than those in suburban regions, which are experiencing sluggish sales [4][5]. - In Beijing, two projects launched in May 2025 had net signing rates of only 25% and 11%, indicating a broader trend of poor sales performance across various projects [4]. Group 3: Land Acquisition Trends - Major state-owned enterprises have been aggressively acquiring land in key urban areas, with significant increases in land prices, including several plots sold for over 10 million yuan per square meter [7]. - From January to July 2025, the top 100 real estate companies saw a 34% year-on-year increase in land acquisition spending, while their sales revenue decreased by 13% [7]. - The trend of focusing on core urban areas for land acquisition has become more pronounced, with companies like China Overseas and Greentown leading the charge [8][9]. Group 4: Project Success Factors - The success of a real estate project is influenced by multiple factors, including location, product quality, and market demand, with location being a critical determinant [12][14]. - Projects that align closely with market demand and customer preferences tend to perform better, highlighting the importance of understanding buyer psychology and needs [13][14]. - The disparity in sales performance among similar projects underscores the necessity for precise market positioning and product differentiation [12][14].

Investment Rating - The industry investment rating is "Positive" and maintained [13] Core Insights - In July, the supply of core land in major cities continued to slow down, while there was a marginal improvement in land supply in lower-tier cities. Overall land transactions remained flat, with only lower-tier cities showing a year-on-year improvement [2][10] - Major developers such as China Overseas, Greentown, and Zhaoshang actively participated in the land market in July, with strong land acquisition intensity observed in the first seven months from Jinmao, Jianfa, and Greentown. Jinmao and Jianfa also performed better in sales [2][8] - Among the key projects acquired by sample developers in July, the expected profit realization for Binjiang was relatively better, while Greentown, Zhaoshang, and China Overseas acquired land in higher-quality locations [2][9] Supply Summary - In July, the supply of core land continued to decline, with lower-tier cities seeing an increase. From January to July 2025, the cumulative area of residential land launched in 300 cities decreased by 17% year-on-year, with first-tier cities up by 23%, second-tier cities down by 2%, and third and fourth-tier cities down by 21% [6] - The monthly supply of residential land in July for 300 cities decreased by 22% month-on-month, but was still higher than the monthly values from January to May [6] Transaction Summary - The overall land transaction volume in July was flat, with a year-on-year improvement in lower-tier cities. From January to July, the cumulative area and transaction amount of residential land in 300 cities decreased by 6% and increased by 25% year-on-year, respectively [7] - In July, the transaction volume decreased by 16% month-on-month, with a transaction premium rate of 8.4%, showing a marginal increase, and the auction failure rate further decreased to 7.6% [7] Developer Insights - In July, China Overseas, Greentown, and Zhaoshang were active in the land market, with the top three developers in terms of total land acquisition amount being China Overseas (14.9 billion), Greentown (13.9 billion), and Zhaoshang (6.8 billion) [8] - The cumulative land acquisition amount from January to July for the top three developers was Greentown (62.1 billion), Jianfa (61.7 billion), and China Overseas (55.3 billion), with several developers seeing over 80% year-on-year growth in land acquisition amounts [8] Investment Recommendations - Focus on medium to long-term structural opportunities, emphasizing leading developers with regional advantages, strong product capabilities, and light inventory, as well as stable cash flow from leading brokerage firms, commercial real estate, and state-owned property management companies [10]

Group 1 - A new real estate development company, Xiamen Lianpu Hong Real Estate Development Co., Ltd., has been established with a registered capital of 10 million yuan [1] - The legal representative of the company is Sun Tao, and its business scope includes real estate development, brokerage, property management, enterprise management consulting, real estate consulting, and real estate appraisal [1] - The company is wholly owned by Lianfa Group Co., Ltd., which is a subsidiary of Jianfa Co., Ltd. [1]

Group 1 - The company announced a guarantee of 300 million yuan for its wholly-owned subsidiary, Jianfa Pulp and Paper, to apply for a designated delivery warehouse for newsprint futures at the Shanghai Futures Exchange [1] - Prior to this guarantee, the company had already issued a guarantee of 300 million yuan for Jianfa Pulp and Paper regarding the renewal of the agreement for bleached sulfate softwood pulp futures warehouse [1] - As of the end of July 2025, the company's actual external guarantee balance amounts to 189.658 billion yuan and 3.319 billion USD [1]