Core Viewpoint - The company reported a strong performance in the first half of 2025, focusing on TOD project development and achieving significant sales and operational milestones [1] Financial Performance - The company achieved a contracted sales amount of 1.916 billion yuan and a cash collection of 1.992 billion yuan during the reporting period [1] - The completed area reached 77,000 square meters in the first half of the year [1] Project Development - The company continued to focus on TOD project development, with several key projects making positive progress [1] - The Beijing Tanggu Commercial project attracted 930,000 visitors in the first half of the year, signed 9 new stores, and received multiple industry awards [1] - The Senyu Tiancheng project is nearing completion, with a significant increase in customer reserves [1] - The construction of the Senyu Tiancheng project is progressing steadily, with a continuous rise in visitor inquiries and high market attention [1] - The Wuxi Yuyue Tiancheng project has completed the filing for the commercial office group, and the construction of the fourth phase residential display area has been completed, aiming to create a model community characterized by "ecology, intelligence, and happiness" [1]

Group 1 - The board of directors of Jingtou Development Co., Ltd. held its 14th meeting of the 12th session on August 22, 2025, with all 9 directors present, confirming compliance with relevant laws and regulations [1][2] - The board unanimously approved the proposal regarding the "2025 Semi-Annual Report and Summary," with a voting result of 9 votes in favor, 0 against, and 0 abstentions [1] - The board also approved the revision of the implementation measures for the "Three Major and One Large" decision-making system, with the same unanimous voting result [2]

第十二届监事会第八次会议决议公告 证券代码：600683 证券简称：京投发展 公告编号：临2025-069 京投发展股份有限公司 一、以 3 票同意、0 票反对、0 票弃权的表决结果审议通过《关于<2025 年 半年度报告及摘要>的议案》。经审核，公司监事会认为：2025 年半年度报告的 编制和审议程序符合法律、法规、公司《章程》和公司内部管理制度的规定；2025 年半年度报告的内容和格式符合中国证监会和证券交易所的规定，所包含的信息 能真实地反映出公司报告期内经营管理和财务状况等事项；2025 年半年度报告 编制过程中，未发现参与半年度报告编制和审议的人员有违反保密规定的行为。 详见刊登在上海证券交易所网站（www.sse.com.cn）上的《京投发展股份有 限公司 2025 年半年度报告》《京投发展股份有限公司 2025 年半年度报告摘要》。 特此公告。 京投发展股份有限公司监事会 本公司监事会及全体监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。 公司第十二届监事会第八次会议于 2025 年 8 月 12 日以电子邮件形式发出通 知，同年 ...

Core Insights - The company reported a signed sales revenue of 1.916 billion yuan and a cash collection of 1.992 billion yuan for the first half of 2025 [1] - The company completed a construction area of 77,000 square meters during the same period [1] Group 1: Project Development - The company continued to focus on TOD (Transit-Oriented Development) project development, achieving positive progress in several key projects [1] - The Beijing Tanggu Commercial project attracted a total of 930,000 visitors in the first half of the year, signed contracts with 9 new stores, and received multiple industry awards [1] - The Senyu Tiancheng project is nearing completion, with a significant increase in customer reserves [1] Group 2: Market Performance - The construction of the Senyu Tiancheng project is progressing steadily, with a continuous rise in visitor inquiries and high market attention [1] - The Wuxi Yuyue Tiancheng project has completed the filing for the commercial office group, and the construction of the fourth phase residential display area has been completed, aiming to create a model community characterized by "ecology, intelligence, and happiness" [1]

Group 1 - The core viewpoint of the article highlights that Jingtou Development (600683.SH) reported a significant decline in revenue and an increase in losses for the first half of 2025 [1] Group 2 - The company's operating revenue for the first half of 2025 was 413 million yuan, representing a year-on-year decrease of 26.9% [1] - The net profit attributable to shareholders turned from a loss of 143 million yuan in the same period last year to a loss of 264 million yuan, indicating a further widening of losses [1] - The non-recurring net profit attributable to shareholders also worsened, moving from a loss of 177 million yuan last year to a loss of 282 million yuan [1]

Core Insights - The company reported a significant decline in revenue for the first half of 2025, with total revenue of 413.41 million yuan, a decrease of 152.29 million yuan or 26.92% compared to the same period last year [1] - The net profit attributable to shareholders was -263.81 million yuan, with a net profit of -379.54 million yuan after deducting interest from perpetual financing products [1] - The total assets of the company were 5,983.40 million yuan, with inventory accounting for 72.69% of total assets, indicating a strong asset quality [2] Financial Performance - Revenue from real estate sales was 371.28 million yuan, primarily affected by the development cycle and project scheduling [1] - Total expenses increased to 306.52 million yuan from 252.94 million yuan, with financial expenses rising significantly by 75.88 million yuan due to increased borrowing costs [1] - The company reported a net cash inflow from operating activities of 353.44 million yuan, an increase attributed to lower land payment in the previous year [2] Asset and Liability Overview - Total liabilities increased to 5,417.57 million yuan, with contract liabilities accounting for 14.67% of total liabilities [2] - The asset-liability ratio rose to 90.54%, an increase of 2.74 percentage points from the beginning of the period [2] - The company’s inventory balance at the end of the period was 4,349.08 million yuan, indicating a focus on real estate projects in the Beijing area [2]

第十二届监事会第八次会议决议公告 本公司监事会及全体监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。 公司第十二届监事会第八次会议于 2025 年 8 月 12 日以电子邮件形式发出通 知，同年 8 月 22 日以现场结合通讯表决方式在公司会议室召开。会议应出席监 事 3 名，亲自出席的监事 3 名。会议符合《公司法》、公司《章程》及《监事会 议事规则》的有关规定。会议由公司监事会主席黄林祥先生主持，审议并通过下 列决议： 京投发展股份有限公司监事会 证券代码：600683 证券简称：京投发展 公告编号：临2025-069 2025 年 8 月 22 日 京投发展股份有限公司 一、以 3 票同意、0 票反对、0 票弃权的表决结果审议通过《关于<2025 年 半年度报告及摘要>的议案》。经审核，公司监事会认为：2025 年半年度报告的 编制和审议程序符合法律、法规、公司《章程》和公司内部管理制度的规定；2025 年半年度报告的内容和格式符合中国证监会和证券交易所的规定，所包含的信息 能真实地反映出公司报告期内经营管理和财务状况等事项；2025 年半 ...

本议案已经公司董事会审计委员会审议通过，并同意提交公司董事会审议。 二、以 9 票同意、0 票反对、0 票弃权的表决结果审议通过《关于修订<京投 发展股份有限公司贯彻落实"三重一大"决策制度的实施办法>的议案》。 特此公告。 证券代码：600683 证券简称：京投发展 公告编号：临2025-068 京投发展股份有限公司 第十二届董事会第十四次会议决议公告 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。 公司第十二届董事会第十四次会议于2025年8月12日以电子邮件形式发出通 知，同年8月22日以现场结合通讯表决方式在公司会议室召开。会议应出席董事9 名，亲自出席的董事9名。监事会成员和公司高管列席了会议。会议符合《公司 法》、公司《章程》和《董事会议事规则》的相关规定。会议由公司董事长孔令 洋先生主持，审议并通过下列决议： 一、以 9 票同意、0 票反对、0 票弃权的表决结果审议通过《关于<2025 年 半年度报告及摘要>的议案》。 详见刊登在上海证券交易所网站（www.sse.com.cn）上的《京投发展股份有 限公司 20 ...

京投发展股份有限公司2025 年半年度报告 重要提示 公司代码：600683 公司简称：京投发展 京投发展股份有限公司 2025 年半年度报告 1 / 185 京投发展股份有限公司2025 年半年度报告 四、 公司负责人孔令洋、主管会计工作负责人张雨来及会计机构负责人（会计主管人员）谢雪 林声明：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 本报告期内公司无半年度利润分配、无资本公积转增股本预案。 六、 前瞻性陈述的风险声明 √适用 □不适用 公司2025年半年度报告中涉及的前瞻性陈述不构成公司对投资者的实质承诺，请投资者注意投资 风险。 一、 本公司董事会、监事会及董事、监事、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。 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 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 ...

Group 1 - The forum themed "City Upward, Fengtai Towards 'New'" focused on the high-quality development of the 2025 Beijing Garden City Ecological Cultural Residential Area, with a joint initiative launched by Jingtou Development Senyu and Tiancai Jinmao·Guanchen projects [1] - The Vice President of Beijing Real Estate Association, Chen Zhi, highlighted the significant progress of the Beijing Southern Action Plan, indicating a shift in development focus towards the southern region of Beijing [1] - The marketing director of Jingtou Development Senyu emphasized the advantages of the Nanyuan Xinguang area, including industrial support, convenient transportation, and ecological benefits from the Nanyuan Forest Wetland Park [1] Group 2 - The marketing head of Tiancai Jinmao·Guanchen noted the area's livability advantages and the cultural resonance derived from the exploration of local cultural elements [1] - Jingtou Development Senyu aims to create a low-density residential community with a forest-themed label, featuring a 1.04 plot ratio, approximately 140,000 square meters of green space, and high-quality club facilities [1] - Tiancai Jinmao·Guanchen is positioned as a landmark project that integrates local landscape elements and traditional aesthetics, showcasing a luxurious lifestyle with features like a grand entrance and dual clubhouses [2] Group 3 - Both projects, Senyu and Guanchen, are set to reach new milestones in the next two months, including the opening of clubhouses and the launch of new products [3]