证券代码：600383 证券简称：金地集团 公告编号：2026-007 本次会议由公司董事会召集，董事长徐家俊先生主持会议；本次会议以现场投票与网络投票相结合的方 式进行表决；本次会议的召集、召开和表决方式符合《公司法》等法律、法规及规范性文件和《公司章 程》的有关规定。 （五）公司董事和董事会秘书的列席情况 1.公司在任董事10人，列席9人，董事徐倩先生因公务未列席本次会议； 2.董事会秘书胡学文女士及其他高级管理人员列席本次会议。 二、议案审议情况 金地（集团）股份有限公司 2026年第一次临时股东会决议公告 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。 重要内容提示： ■ （四）表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 （一）非累积投票议案 1.议案名称：关于补选公司第十届董事会董事的议案 审议结果：通过 表决情况： ■ （二）涉及重大事项，5%以下股东的表决情况 ■ （三）关于议案表决的有关情况说明 不适用 三、律师见证情况 ● 本次会议是否有否决议案：无 一、会议召开和出席情况 （一）股东会 ...

北京商报讯（记者 李晗）1月23日，金地集团发布2025年度业绩预告显示，预计2025年度金地集团净亏 损111亿—135亿元；扣除非经常性损益的净亏损100亿—124亿元。 ...

金地集团表示，2026年公司将积极把握行业发展规律与转型机遇，主动适应市场变化，深耕开发主业， 打造符合"好房子"标准的产品；坚持轻重并举，推动代建、物业服务、持有型资产经营等多元业态协同 发展；持续深化精益管理，聚力提质增效，致力于为股东创造长期价值。 金地集团本期业绩亏损的原因为公司销售规模下降导致可结转面积较上年减少，营业收入较上年下滑。 同时，公司根据市场情况动态调整经营及销售策略，加大去化力度，使得部分项目存货可变现净值低于 成本，基于谨慎性原则，计提了存货跌价准备和信用损失准备。 1月23日，金地集团（600383）发布2025年业绩预告，预计2025年公司实现归属于母公司所有者的净利 润为-111亿元到-135亿元；归属于母公司所有者的扣除非经常性损益后的净利润为-100亿元到-124亿 元。 ...

ZHONG LUN 中 倫 律 師 事 務 所 特殊的普通合伙 Limited Liability Partnership 北京市中伦（深圳）律师事务所 关于金地(集团)股份有限公司 2026 年第一次临时股东会的 法律意见书 二〇二六年一月 北京 ・ 上海 ・ 深圳 ・ 广州 ・ 武汉 ・ 成都 ・ 重庆 ・ 青岛 ・ 杭州 ・ 南京 ・海口 ・ 东京 ・ 香港 ・ 伦敦 ・ 纽约 ・ 洛杉矶 ・ 旧金山 ・ 阿拉木图 Beijing e Shangkai • Shenzher • Guangzhou • Wuhan • Chongcing • Qingdoo • Hangzhou • Nanjung • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco 北京市中伦(深圳)律师事务所(下称"本所")接受金地(集团)股份有限 公司（下称"公司"）的委托，指派律师出席公司2026年第一次临时股东会（下 称"本次股东会")，并根据《中华人民共和国公司法》(下称"《公司法》")、《上 市公司股东会规则》(下称"《 ...

证券代码：600383 证券简称：金地集团 公告编号：2026-007 金地（集团）股份有限公司 2026年第一次临时股东会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 （一） 股东会召开的时间：2026 年 1 月 23 日 （二） 股东会召开的地点：深圳市福田区福田街道岗厦社区深南大道 2007 号金 地中心 32 层 （三） 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 990 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,779,260,608 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 39.4114 | | 份总数的比例（%） | | （四） 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，董事长徐家俊先生主持会议；本次会议以现场 投票与网络投票相结合的方式进行表决；本次会议的召集、召开和表决 ...

格隆汇1月23日丨金地集团(600383.SH)公布，公司预计2025年度实现归属于母公司所有者的净利润-111 亿元到-135亿元，预计2025年度归属于母公司所有者的扣除非经常性损益后的净利润为-100亿元到-124 亿元。 本期业绩预亏的主要原因：公司近年销售规模下降，本年可结转面积较上年减少，营业收入较上年下 滑；公司根据市场情况动态调整经营及销售策略，加大去化力度，使得部分项目存货可变现净值低于成 本，公司基于谨慎性原则计提了存货跌价准备和信用损失准备。 ...

证券代码：600383 证券简称：金地集团 公告编号：2026-006 金地（集团）股份有限公司 科 学 筑 家 金地（集团）股份有限公司 2025 年度业绩预告 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。 重要内容提示： 业绩预告的具体适用情形：净利润为负值。 公司预计 2025 年度实现归属于母公司所有者的净利润-1,110,000 万元到 -1,350,000 万元，预计 2025 年度归属于母公司所有者的扣除非经常性损益后的净 利润为-1,000,000 万元到-1,240,000 万元。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 经财务部门初步测算，预计 2025 年度实现归属于母公司所有者的净利润 -1,110,000 万元到-1,350,000 万元。 预计 2025 年度实现归属于母公司所有者的扣除非经常性损益后的净利润 -1,000,000 万元到-1,240,000 万元。 三、本期业绩预亏的主要原因 （一）公司近年 ...

Core Viewpoint - The real estate sector continues to face widespread losses, with most listed companies in the A-share market reporting varying degrees of deficit for 2025, except for the leading company, Poly Developments [2][3]. Group 1: Company Performance - Among the 27 listed real estate companies that have released performance forecasts, only Poly Developments reported a positive net profit of approximately 1.03 billion yuan, while the total losses of the other companies ranged from 47.546 billion to 62.464 billion yuan [3]. - Poly Developments experienced a revenue decline of 1.09% year-on-year, with a net profit drop of 79.49% due to decreased gross profit margins and anticipated asset impairment losses of about 6.9 billion yuan [3]. - Other companies, such as China Fortune Land Development, are projected to incur losses of 16 billion to 24 billion yuan for 2025, with net assets expected to decline by 10 billion to 15 billion yuan [4]. Group 2: Industry Challenges - The real estate sector has been struggling with significant losses since 2022, attributed to factors such as low-profit project settlements, increased impairment provisions, and rising interest expenses [6]. - The sales volume of commercial housing is expected to decline by 12.6% year-on-year in 2025, indicating ongoing market challenges [7]. - The real estate development prosperity index has been on a downward trend, reaching 91.45 by December 2025, reflecting a sluggish economic activity in the sector [7]. Group 3: Future Outlook - Analysts suggest that the adjustment cycle in the real estate market may be nearing its end by 2026, with potential growth in the high-quality residential market driven by policy support and demand structure upgrades [8]. - Companies facing significant losses must manage their market value and ensure compliance with financial reporting to avoid delisting risks, which could arise from continuous losses or failure to meet revenue thresholds [9].

Investment Rating - The report assigns an "Overweight" rating for the real estate sector [4]. Core Insights - The report highlights that the rental yield in major cities has shifted from a negative outlook to a neutral stance due to the CPI turning positive and the continuous decline in risk-free rates. This indicates potential stabilization in asset prices in key cities [2]. - The rental yield in first-tier cities has increased from 1.6% in 2020 to 1.9% in 2025, although it remains below the mortgage loan rates and slightly above the risk-free rates. The "rental yield + CPI" metric is expected to improve as the CPI in some first-tier cities turns positive [4]. - Second-tier cities are showing signs of price stabilization, with the "rental yield + CPI" metric improving from 2.3% in 2023 to 2.6% in 2024 and maintaining that level in 2025. Cities like Hefei and Xi'an are expected to see further improvements in their rental yields [4]. Summary by Sections Rental Yield Analysis - The historical rental yield was 1.5%, but when adjusted for CPI, it is not considered low. The report emphasizes the need to differentiate between actual and nominal yields [4]. - The nominal rental yield is adjusted to account for potential inflation, making it a more comparable metric. The report suggests that the high inflation period has made the first-tier cities' rental yield of 1.5% equivalent to an international nominal yield of 3.5% [4]. Market Trends - The report notes that the rental yield plus CPI in first-tier cities is around 2.5%, which is now higher than the risk-free rate. This indicates a potential shift in market dynamics [5]. - The report also points out that the proportion of declining listing prices has increased, indicating a weakening in the second-hand housing market, with about 19% of listings showing price declines [4][18]. Future Outlook - The report anticipates that as the CPI continues to rise and the risk-free rate declines, asset prices in key cities may transition from a negative outlook to a neutral one. This is particularly relevant for second-tier cities, which are expected to have a stronger rental yield plus CPI metric [4].

Investment Rating - The report assigns an "Overweight" rating for the real estate industry [4]. Core Insights - The real estate sector is expected to experience a noticeable decline in 2025, aligning with earlier predictions that companies would maintain positive cash flow and that there would be no financial risks throughout the year. The focus will shift from finance to economic aspects in 2026 [2]. - The anticipated theme for 2026 is "high-quality development," with an emphasis on urban renewal. Recommended companies include Vanke A, Poly Developments, China Overseas Development, and Longfor Group among others [59]. - The total investment in real estate development is projected to be 8.3 trillion yuan, with sales amounting to 8.4 trillion yuan, achieving the goal of no financial risks for the year. The industry is expected to continue reducing investment, primarily in construction, which will further alleviate spending pressures [59][60]. Summary by Sections Investment Overview - In 2025, the cumulative real estate development investment is expected to decline by 17.2% compared to 2024, with residential investment decreasing by 16.3% [13][11]. - The total sales amount for commercial housing is projected to drop by 12.6% year-on-year [10][11]. Sales and Construction Data - The total sales area of commercial housing for 2025 is estimated at 881 million square meters, reflecting an 8.7% year-on-year decrease [25][10]. - The new construction area is expected to decline by 20.4% year-on-year, while the completion area is projected to decrease by 18.1% [18][9]. Funding Sources - The total funding for real estate development is anticipated to reach 9.31 trillion yuan, with a year-on-year decline of 13.4% [43][11]. - Domestic loans are expected to account for 15.14% of the funding sources, with a year-on-year decrease of 7.3% [47][49]. Market Dynamics - The unsold housing area at the end of 2025 is projected to be 766 million square meters, with a year-on-year increase of 1.6% [60][37]. - The report emphasizes the importance of understanding the real estate sector's impact on the economy, focusing on physical construction rather than virtual rental income [61].