（文章来源：证券日报） 证券日报网讯 12月23日，华发股份发布公告称，公司于2025年12月23日召开职工代表大会，选举夏文 杰先生为公司第十一届董事局职工董事。本次职工代表大会选举产生的职工董事，后续将与公司2025年 第七次临时股东会选举产生的非职工董事共同组成公司第十一届董事局，其任期与第十一届董事局任期 一致。 ...

珠海华发实业股份有限公司 2025 年第七次临时股东会会议文件 珠海华发实业股份有限公司 2025 年第七次临时股东会会议文件 二○二五年十二月三十一日 珠海华发实业股份有限公司 2025 年第七次临时股东会会议文件 目 录 | 珠海华发实业股份有限公司 2025 年第七次临时股东会须知 | 2 | | --- | --- | | 关于部分募投项目募集资金变更至其他募投项目的议案 | 3 | | 关于聘任会计师事务所的议案 | 5 | | 关于修订公司《章程》及其附件的议案 | 6 | | 关于董事局换届暨选举非独立董事的议案 | 7 | | 关于董事局换届暨选举独立董事的议案 | 8 | 1 珠海华发实业股份有限公司 2025 年第七次临时股东会会议文件 珠海华发实业股份有限公司 2025 年第七次临时股东会须知 根据中国证券监督管理委员会《上市公司股东会规则》和《公司 章程》的有关规定，为确保公司股东会顺利召开，特制定会议须知如 下，望出席股东会的全体人员遵守执行： 一、股东参加股东会，应当认真履行其法定义务，不得侵犯其他 股东权益； 二、股东会期间，全体出席人员应以维护股东的合法利益、确保 会议正常秩序 ...

格隆汇12月23日丨华发股份(600325.SH)公布，根据《中华人民共和国公司法》《珠海华发实业股份有 限公司章程》等有关规定，珠海华发实业股份有限公司（以下简称"公司"）于2025 年12 月23 日召开职 工代表大会，选举夏文杰先生为公司第十一届董事局职工董事（简历附后）。本次职工代表大会选举产 生的职工董事，后续将与公司2025 年第七次临时股东会选举产生的非职工董事共同组成公司第十一届 董事局，其任期与第十一届董事局任期一致。 ...

股票代码：600325 股票简称：华发股份 公告编号：2025-109 珠海华发实业股份有限公司 关于选举职工董事的公告 本公司董事局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。 根据《中华人民共和国公司法》《珠海华发实业股份有限公司章程》等有关 规定，珠海华发实业股份有限公司（以下简称"公司"）于 2025 年 12 月 23 日召 开职工代表大会，选举夏文杰先生为公司第十一届董事局职工董事（简历附后）。 本次职工代表大会选举产生的职工董事，后续将与公司 2025 年第七次临时股东 会选举产生的非职工董事共同组成公司第十一届董事局，其任期与第十一届董事 局任期一致。 夏文杰先生符合《公司法》等有关法律法规及公司《章程》规定的董事任职 条件，不存在《公司法》等法律法规和《公司章程》规定的不得担任董事的情形， 不存在被中国证券监督管理委员会采取不得担任上市公司董事的证券市场禁入 措施且期限尚未届满的情形，也不存在被证券交易所公开认定为不适合担任上市 公司董事且期限尚未届满的情形。 特此公告。 珠海华发实业股份有限公司 董事局 二〇二五年十 ...

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].

深秋的蓉城，细雨微凉，成都高新区新川印小区内的热烈氛围却并未因此冲淡。10月31日，是新川印集中交付的首日，业主们如约而至，在为期3天的活动 中提前近5个月拿到新居钥匙。 在精心打造的归家园林中，撑着伞的业主们穿梭其间，水景在雨滴下更显灵动，经过雨水润泽的草木绿意愈浓。他们或驻足与家人规划未来，或在新家窗前 合影，现场洋溢着喜悦与期待。 新川印项目由华发股份、华润置地、鼎信长城共同打造。其中，作为与珠海经济特区同龄的综合性企业集团，华发股份以稳健的经营实力，为此次圆满交付 奠定坚实基础，也为市场观察房企如何兑现品质承诺提供了一个优秀参考答案。 稳健深耕，6年锻造高端改善名片 从珠海经济特区起步，华发集团1980年组建。作为集团旗下房地产板块的核心平台，华发股份在近年来房地产市场深度调整的背景下，展现出强劲的发展韧 性。 2019年，华发股份怀揣着对成都这座千年古都的敬意与期待，正式落子蓉城。6年来，企业始终秉持"聚焦核心地段，专筑高端改善"的发展战略，跟随成都 城市发展的重心，在锦江区、高新区、天府新区等高价值区域精耕细作。从首个项目华发统建锦江首府开始，到后来的锦江璞园、锦江大院、锦江上院、新 川印、阅天府 ...

Investment Rating - The report maintains an "Overweight" rating for the real estate industry [4] Core Insights - The report emphasizes that there is significant potential for high-quality development in China's real estate sector, driven by both rigid and improvement housing demands. The urbanization rate for permanent residents is projected to reach 67% by 2024, while the registered population urbanization rate is below 50%, indicating ongoing housing demand [11][12] - A new model for real estate development is being proposed, focusing on controlling supply, revitalizing existing stock, and encouraging the transformation of real estate companies. This includes reforms in development, financing, and sales systems to facilitate a smooth transition from old to new models [12][4] - The report highlights that the real estate sector serves as an early economic indicator, suggesting that investing in real estate stocks is akin to investing in economic trends. The focus remains on first-tier and select second-tier cities, which are expected to perform better in terms of sales [4][12] Summary by Sections Central Economic Work Conference Insights - The central government outlines the need for high-quality development in real estate, addressing both rigid and improvement demands. The report notes that many urban residents are still unsatisfied with their housing conditions, indicating a strong potential for improvement demand [11][12] Market Review - The report notes that the Shenwan Real Estate Index decreased by 0.4% this week, underperforming the CSI 300 Index by 0.13 percentage points, ranking 24th among 31 Shenwan primary industries. A total of 71 stocks rose, while 40 fell [13][4] New and Second-Hand Housing Transactions - In the latest week, 30 cities recorded new housing transaction areas of 208.7 million square meters, a 19.9% increase month-on-month but a 42.7% decrease year-on-year. First-tier cities accounted for 54.1 million square meters, with a month-on-month increase of 14.3% and a year-on-year decrease of 36.9% [24][26] - For second-hand housing, 14 sample cities saw a total transaction area of 200.4 million square meters, a 2.0% increase month-on-month but a 24.8% decrease year-on-year [30] Investment Recommendations - The report suggests focusing on real estate-related stocks due to the anticipated policy support and the improving competitive landscape. Key stocks to watch include major developers and companies involved in property management and brokerage services [4][12]

Core Viewpoint - Huafa Co., Ltd. has experienced a significant decline in stock price this year, with a drop of 22.11% year-to-date, and a recent net inflow of funds indicates some interest from investors [1][2]. Group 1: Stock Performance - As of December 19, Huafa's stock price increased by 2.09% to 4.39 CNY per share, with a total market capitalization of 12.08 billion CNY [1]. - The stock has seen a decline of 0.45% over the last five trading days, 7.58% over the last 20 days, and 20.47% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Huafa reported a revenue of 51.75 billion CNY, reflecting a year-on-year growth of 63.98% [2]. - The net profit attributable to shareholders for the same period was 102 million CNY, which represents a significant decrease of 92.31% compared to the previous year [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 9.02% to 50,600, while the average circulating shares per person increased by 9.91% to 54,426 shares [2]. - The company has distributed a total of 8.15 billion CNY in dividends since its A-share listing, with 2.14 billion CNY distributed in the last three years [3]. Group 4: Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the eighth largest circulating shareholder, holding 36.17 million shares as a new shareholder [3]. - The Southern CSI 500 ETF is the ninth largest circulating shareholder, holding 32.07 million shares, which is a decrease of 748,700 shares from the previous period [3].

Core Viewpoint - Huafa Co., Ltd. (600325.SH) announced a capital reduction for its wholly-owned subsidiary Huamin Zhuanhong to improve overall capital efficiency after the subsidiary's real estate development business has largely concluded [1] Group 1: Company Actions - The registered capital of Huamin Zhuanhong will be reduced from RMB 300 million to RMB 60 million, a decrease of RMB 240 million [1] - After the capital reduction, the company will still hold 100% equity in Huamin Zhuanhong [1]

格隆汇12月15日丨华发股份(600325.SH)公布，公司于2023年10月向特定对象发行股票，募集资金用于 郑州华发峰景花园项目、南京燕子矶G82项目、绍兴金融活力城项目的开发建设及补充流动资金。本次 变更系部分募投项目资金投向由郑州华发峰景花园项目、南京燕子矶G82项目变更至绍兴金融活力城项 目，不涉及募投项目的变更。公司拟将郑州华发峰景花园项目预计未来不会使用的募集资金 345,851,599.58元、南京燕子矶G82项目预计未来不会使用的募集资金480,510,596.61元及截至目前募集 资金存放在募集资金专户产生的利息费用等11,358,910.18元变更用于绍兴金融活力城项目，合计 837,721,106.37元。 ...