Core Viewpoint - Black Moutan's stock price has shown significant volatility, with a year-to-date increase of 61.98%, but a recent decline in the short term, indicating potential market fluctuations and investor sentiment shifts [1][2]. Financial Performance - For the first half of 2025, Black Moutan reported revenue of 1.584 billion yuan, representing a year-on-year growth of 27.85%, while the net profit attributable to shareholders was 56.67 million yuan, up 2.60% compared to the previous period [2]. - Cumulative cash dividends since the A-share listing amount to 2.72 billion yuan, with 391 million yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 0.13% to 32,300, while the average number of circulating shares per person increased by 0.13% to 31,949 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 258,900 shares to 7.228 million shares, and Southern CSI Real Estate ETF, which added 83,100 shares to hold 6.5698 million shares [3]. Market Activity - On October 17, Black Moutan's stock price fell by 2.05% to 7.66 yuan per share, with a trading volume of 49.63 million yuan and a turnover rate of 0.61%, resulting in a total market capitalization of 7.905 billion yuan [1]. - The stock experienced a net inflow of 282,900 yuan from major funds, with significant buying and selling activity observed in large orders [1].

Group 1 - The core viewpoint of the announcement is the disclosure of the real estate operating conditions of Heimu Dan (Group) Co., Ltd. for the third quarter of 2025, highlighting the lack of significant changes in project reserves and construction activities [1][2] - As of the end of Q3 2025, the company has 168,800 square meters of undeveloped land, with a maximum construction area of 416,000 square meters [1] - No new projects were started in Q3 2025, but the company completed 167,800 square meters of construction during the same period [1] Group 2 - In Q3 2025, the company achieved a signed area of 26,700 square meters, a year-on-year decrease of 27.84%, while the signed amount reached RMB 367.98 million, an increase of 79.16% [2] - The rental area as of September 30, 2025, was 197,600 square meters, generating rental income of RMB 10.03 million in Q3 2025 [2] Group 3 - The company provided guarantees for its subsidiaries, totaling RMB 37 million in new contracts signed between August and September 2025 [6][7] - The guarantees include a maximum of RMB 24 million for Heimu Dan Construction, RMB 7 million for Heimu Dan Textile, and RMB 6 million for Dahui Construction, all with a guarantee period of three years [6][7][17] - The total amount of external guarantees provided by the company and its subsidiaries is RMB 392.93 million, accounting for 37.89% of the latest audited net assets [18]

Core Viewpoint - Black Peony announced a significant increase in contract value despite a decrease in signed area for Q3 2025, indicating a potential shift in market dynamics or pricing strategies [2] Summary by Category Contract Area - The signed area for Q3 2025 was 26,700 square meters, representing a year-on-year decrease of 27.84% [2] - The equity signed area was 20,900 square meters, showing a smaller decline of 5.86% year-on-year [2] Contract Value - The total signed amount reached RMB 367.98 million, which is a year-on-year increase of 79.16% [2] - The equity signed amount was RMB 291.29 million, reflecting a substantial year-on-year increase of 109.59% [2]

截至2025年9月30日，公司房地产出租面积为19.76万平方米（其中权益出租面积19.24万平方米），2025 年第三季度取得租金收入为人民币1,003.34万元（其中权益租金收入为人民币968.16万元）。 格隆汇10月15日丨黑牡丹（维权）(600510.SH)公布，2025年第三季度末，未开工的土地面积16.88万平 方米（其中未开工的权益土地面积16.88万平方米），计容建筑面积不超过41.60万平方米（其中权益计 容建筑面积不超过41.60万平方米）。 2025年第三季度，未有新开工项目；竣工面积16.78万平方米（其中权益竣工面积16.78万平方米）。 2025年第三季度，实现签约面积2.67万平方米，同比减少27.84%，（其中权益签约面积2.09万平方米， 同比减少5.86%）；实现签约金额人民币3.68亿元，同比增加79.16%（其中权益签约金额人民币 29,128.80万元，同比增加109.59%）；签约面积同比减少而签约金额同比增加，主要系因产品结构不同 导致的平均销售单价存在差异所致。 ...

2025年第三季度，实现签约面积2.67万平方米，同比减少27.84%，（其中权益签约面积2.09万平方米， 同比减少5.86%）；实现签约金额人民币3.68亿元，同比增加79.16%（其中权益签约金额人民币 29,128.80万元，同比增加109.59%）；签约面积同比减少而签约金额同比增加，主要系因产品结构不同 导致的平均销售单价存在差异所致。 截至2025年9月30日，公司房地产出租面积为19.76万平方米（其中权益出租面积19.24万平方米），2025 年第三季度取得租金收入为人民币1,003.34万元（其中权益租金收入为人民币968.16万元）。 格隆汇10月15日丨黑牡丹（维权）(600510.SH)公布，2025年第三季度末，未开工的土地面积16.88万平 方米（其中未开工的权益土地面积16.88万平方米），计容建筑面积不超过41.60万平方米（其中权益计 容建筑面积不超过41.60万平方米）。 2025年第三季度，未有新开工项目；竣工面积16.78万平方米（其中权益竣工面积16.78万平方米）。 ...

证券代码：600510 证券简称：黑牡丹 公告编号：2025-039 黑牡丹（集团）股份有限公司 关于为子公司提供担保的进展公告 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。 | | □对外担保总额超过最近一期经审计净资产 | | --- | --- | | | 100% | | | □担保金额超过上市公司最近一期经审计净 | | 特别风险提示 | 资产 50% | | | □对合并报表外单位担保金额达到或超过最 | | | 近一期经审计净资产 30%的情况下 | | | 对资产负债率超过 70%的单位提供担保 | 一、担保情况概述 （一） 担保的基本情况 重要内容提示： | 担保对象一 | 被担保人名称 | 常州黑牡丹建设投资有限公司（以下 | | | | --- | --- | --- | --- | --- | | | | 简称"黑牡丹建设"） | | | | | 本次担保金额 | 24,000.00 万元 | | | | | 实际为其提供的担保余额 | 20,000.00 万元 | | | | | 是否在前期预计额 ...

证券代码：600510 证券简称：黑牡丹 公告编号：2025-040 黑牡丹（集团）股份有限公司 特此公告。 根据《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露》等要 求，现将黑牡丹（集团）股份有限公司（以下简称"公司"）2025 年第三季度房地产 项目主要经营情况披露如下： 1、重大变动情况：2025 年第三季度未发生房地产储备的重大变动、重大项目投 资成本的重大变动、重大工程质量问题、收购或出售子公司达到重大披露标准等应 当披露的情况。 2、项目储备情况：2025 年第三季度末，未开工的土地面积 16.88 万平方米（其 中未开工的权益土地面积 16.88 万平方米），计容建筑面积不超过 41.60 万平方米（其 中权益计容建筑面积不超过 41.60 万平方米）。 3、开工竣工情况：2025 年第三季度，未有新开工项目；竣工面积 16.78 万平方 米（其中权益竣工面积 16.78 万平方米）。 4、销售情况：2025 年第三季度，实现签约面积 2.67 万平方米，同比减少 27.84%， （其中权益签约面积 2.09 万平方米，同比减少 5.86%）；实现签约金额人民币 36,797.8 ...

黑牡丹公告，2025年第三季度未开工土地面积16.88万平方米，计容建筑面积不超过41.6万平方米；当季 无新开工项目，竣工面积16.78万平方米；实现签约面积2.67万平方米，同比减少27.84%，其中权益签 约面积2.09万平方米，同比减少5.86%；实现签约金额3.68亿元，同比增加79.16%，其中权益签约金额 2.91亿元，同比增加109.59%；截至9月30日，公司房地产出租面积19.76万平方米，第三季度租金收入 1003.34万元。 ...

Group 1 - The stock price of Heimu Dan increased by 5.68%, reaching 8.00 CNY per share, with a trading volume of 25.88 million CNY and a turnover rate of 0.32%, resulting in a total market capitalization of 8.256 billion CNY [1] - Heimu Dan (Group) Co., Ltd. is located in Changzhou, Jiangsu Province, established on May 28, 1993, and listed on June 18, 2002. The company's main business includes urbanization construction, textile and apparel, and industrial investment [1] - The revenue composition of Heimu Dan's main business is as follows: engineering construction 46.67%, real estate 27.94%, textile and apparel 20.86%, others 3.52%, and land development 1.02% [1] Group 2 - Among the top ten circulating shareholders of Heimu Dan, a fund under Southern Fund holds a significant position. The Southern CSI Real Estate ETF Initiated Link A (004642) increased its holdings by 83,100 shares in the second quarter, totaling 6.5698 million shares, which accounts for 0.64% of the circulating shares [2] - The Southern CSI Real Estate ETF Initiated Link A (004642) was established on August 24, 2017, with a latest scale of 173 million CNY. Year-to-date returns are 10.17%, ranking 3614 out of 4220 in its category; the one-year return is 9.39%, ranking 3320 out of 3852; and since inception, it has incurred a loss of 38.6% [2]

Core Viewpoint - Black Peony's stock price has shown significant volatility, with a year-to-date increase of 60.71% but a recent decline of 2.19% over the last five trading days [2]. Group 1: Stock Performance - As of September 30, Black Peony's stock price was 7.60 CNY per share, with a market capitalization of 7.843 billion CNY [1]. - The stock has experienced a 2.19% decline over the last five trading days, while it has increased by 6.74% over the last 20 days and 48.15% over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Black Peony reported a revenue of 1.584 billion CNY, representing a year-on-year growth of 27.85%, and a net profit attributable to shareholders of 56.6738 million CNY, up 2.60% year-on-year [2]. Group 3: Business Segments - The company's main business segments include engineering construction (46.67% of revenue), real estate (27.94%), textile and apparel (20.86%), and other activities (3.52%) [2]. Group 4: Shareholder Information - As of June 30, 2025, Black Peony had 32,300 shareholders, with an average of 31,949 shares held per shareholder, reflecting a slight increase of 0.13% [2]. - The company has distributed a total of 2.72 billion CNY in dividends since its A-share listing, with 391 million CNY distributed over the past three years [3].