智通财经APP讯，珠江股份(600684.SH)发布公告，公司预计2025年年度实现归属于上市公司股东的净 利润5,500万元到8,250万元，与上年同期相比，将增加3,942.56万元到6,692.56万元，同比增加253.14% 到429.72%。 ...

珠江股份（600684）(600684.SH)发布公告，公司预计2025年年度实现归属于上市公司股东的净利润 5,500万元到8,250万元，与上年同期相比，将增加3,942.56万元到6,692.56万元，同比增加253.14%到 429.72%。 ...

每经头条（nbdtoutiao）——水贝黄金平台"杰我睿"兑付危机调查：40倍杠杆对赌，金价越涨平台越 亏！老板自称"还在深圳"，投资者：兑付方案本金打两折，无法接受 （记者 王晓波） 每经AI快讯，珠江股份1月29日晚间发布业绩预告，预计2025年年度实现归属于上市公司股东的净利润 5500万元到8250万元，与上年同期相比，将增加3942.56万元到6692.56万元，同比增加 253.14%~429.72%。2025年A 股市场回暖，公司持有的股票资产二级市场价格上涨，对当期利润增长产 生正向贡献且相关股票资产已于本期全部处置，该项收益属于非经常性损益；上年同期公司分别计提广 州中侨置业投资控股集团有限公司、广州东湛房地产开发有限公司其他应收款减值准备，本期上述减值 准备未新增，故本期归属于上市公司股东的净利润较上年同期大幅增加。 ...

Core Viewpoint - The "three red lines" policy, which was a significant regulatory measure for real estate companies in China, is gradually fading away as many firms are no longer required to report related metrics monthly, leading to a recovery in the A-share real estate sector [1][2][3]. Group 1: Policy Changes - Real estate companies are no longer mandated to report "three red lines" indicators monthly, with many firms having ceased such reporting since early 2025 [1][2]. - The "three red lines" policy was introduced in August 2020 to control the debt levels of real estate companies, setting specific financial metrics that firms had to adhere to [2][3]. - As of December 2025, 21 distressed real estate companies have completed or received approval for debt restructuring, resolving a total debt of 1.2 trillion yuan, indicating a significant reduction in industry risk [1]. Group 2: Industry Impact - The A-share real estate sector saw a notable increase of over 2.7%, with stocks like Zhujiang Co., Dayuecheng, and Shenzhen Housing A reaching their daily limit [1]. - The shift away from the "three red lines" reflects a fundamental change in the operational strategies of real estate companies, moving from aggressive expansion to a focus on high-quality development [4][5]. - The current industry context shows a continuous decline in funding for real estate companies over the past four years, with a cautious approach from banks leading to reduced loan demand from firms [4][5]. Group 3: Future Outlook - Experts suggest that financial institutions should be encouraged to support real estate financing to avoid a negative cycle of financial strain and declining sales [5]. - The adjustment phase of the industry is nearing its end, with surviving companies focusing on delivering high-quality properties while managing risks effectively [5].

Group 1 - The core viewpoint of the announcement is that Zhujiang Co. expects a significant increase in net profit for the year 2025, with an anticipated growth rate exceeding 50% [1] - The projected net profit attributable to shareholders is estimated to be between 55 million to 82.5 million yuan, representing a year-on-year increase of 253.14% to 429.72% [1] - The non-recurring net profit is expected to be between 42 million to 63 million yuan, with a year-on-year increase of 49.99% to 124.98% [1] Group 2 - The performance improvement is primarily attributed to the recovery of the A-share market and gains from the disposal of stock assets [1] - Additionally, there was no new provision for impairment of other receivables in the current period, which positively impacted the financial results [1]

广州珠江发展集团股份有限公司（以下简称"公司"）截至 2025 年第四季 度的主要经营情况如下： 证券代码：600684 证券简称：珠江股份 编号：2026-009 广州珠江发展集团股份有限公司 2025 年第四季度经营情况简报 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。 截至 2025 年第四季度末，公司（含广州珠江城市管理服务集团股份有限 公司、广州珠江体育文化发展股份有限公司等）在管住宅、公建及体育场馆项 目数量共计 440 个，签约建筑面积共计约 5,331.34 万平方米。其中，公司在管 住宅项目 144 个，建筑面积约 2,057.46 万平方米；公建项目 261 个，建筑面 积约 2,938.1 万平方米；体育场馆项目 35 个，建筑面积约 335.78 万平方米 （以上合计数与各数直接相加之和在尾数上存在差异，为四舍五入导致）。 2025 年第四季度，体育场馆新增北京通州城市运动中心、孝感奥体中心， 建筑面积约 25.96 万平方米。 以上经营数据来自公司内部统计数据，尚未经过审计，存在各种不确定性， 仅为 ...

Group 1 - The core viewpoint of the news is that Zhujiang Co., Ltd. (600684.SH) expects significant profit growth for the year 2025, with net profit projected to be between 55 million to 82.5 million yuan, representing an increase of 253.14% to 429.72% year-on-year [1] - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, to be between 42 million to 63 million yuan, reflecting a year-on-year increase of 49.99% to 124.98% [1] - The primary reasons for this performance growth include the recovery of the A-share market, leading to an increase in the market price of the company's stock assets, which positively contributed to current profits, and the absence of new impairment provisions for receivables compared to the previous year [1]

证券代码：600684 证券简称：珠江股份 编号：2026-010 广州珠江发展集团股份有限公司 2025 年年度业绩预增公告 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： 一、本期业绩预告情况 （一）业绩预告期间 （二）业绩预告情况 经初步测算，预计 2025 年年度实现归属于上市公司股东的净利润 5,500 万 元到 8,250 万元，与上年同期相比，将增加 3,942.56 万元到 6,692.56 万元，同 比增加 253.14%到 429.72%。 预计 2025 年年度实现归属于上市公司股东的扣除非经常性损益的净利润 4,200 万元到 6,300 万元，与上年同期相比，将增加 1,399.72 万元到 3,499.72 万元，同比增加 49.99%到 124.98%。 （三）公司本次预计的业绩未经会计师事务所审计。 二、上年同期经营业绩和财务状况 （一）2024 年年度实现利润总额为 4,021.88 万元。2024 年年度实现归属于 业绩预告的适用情形：实现盈利，且净利润与上年同期相比上升 5 ...

Market Overview - On January 29, the real estate service sector rose by 4.56% compared to the previous trading day, with TeFa Service leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Stock Performance - TeFa Service (300917) closed at 42.60, up 10.13% with a trading volume of 220,900 shares [1] - Zhujiang Shares (600684) closed at 4.92, up 10.07% with a trading volume of 824,500 shares [1] - Wo Ai Wo Jia (000560) closed at 3.33, up 9.90% with a trading volume of 3,395,100 shares [1] - Other notable performers include Shilianhang (002285) up 5.13% and Zhaoshang Jiyu (001914) up 3.50% [1] Capital Flow - The real estate service sector saw a net inflow of 461 million yuan from institutional investors, while retail investors experienced a net outflow of 179 million yuan [2] - The main capital flow data indicates that Wo Ai Wo Jia had a net inflow of 257 million yuan from institutional investors, but a net outflow of 121 million yuan from retail investors [3] - Zhujiang Shares also had a significant net inflow of 121 million yuan from institutional investors, with a net outflow of 70 million yuan from retail investors [3]

证券代码：600684 证券简称：珠江股份 编号：2026-011 广州珠江发展集团股份有限公司 关于资金拆借的进展公告 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。 重要内容提示： 截至 2025 年 12 月 31 日，公司对东湛公司的债权投资余额为 33,500.00 万元，累计 应收资金占用费 30,529.67 万元，已收资金占用费 1,884.64 万元，应收未收回资金占用 费 28,645.03 万元（其中账面应收未收资金占用费 91.86 万元）。 公司对东湛公司的债权投资 33,500.00 万元已于 2021 年 6 月到期未获清偿，详见公 司于 2021 年 6 月 22 日披露的《关于债权到期未获清偿的公告》（编号：2021-034）。 截至 2025 年 12 月 31 日，广州珠江发展集团股份有限公司（以下简称"公司" 或"珠江股份"）对外资金拆借投资余额 40,000.00 万元，其中对广州东湛房地 产开发有限公司（以下简称"东湛公司"）的债权投资余额为 33,500.00 万元， 对广州市盛唐 ...