Core Viewpoint - Jingneng Real Estate (600791.SH) is expected to report a significant loss in 2025, with a projected net profit attributable to the parent company ranging from -986 million to -1,315 million yuan [1] Financial Projections - The company anticipates a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between -979 million and -1,308 million yuan in 2025 [1]

证券代码：600791 证券简称：京能置业 公告编号：临 2026-001 号 京能置业股份有限公司 2025 年第四季度房地产项目经营情况简报 由于销售过程中存在各种不确定性，且房地产开发产品采用预售 制，同期的签约金额和营业收入相关度不高，具体数据请以 2025 年 度报告为准，相关阶段性数据仅供投资者参考。 1 特此公告。 单位：亿元；万平方米 公司参股公司经营情况如下： 单位：亿元；万平方米 | 项目 | 新增房地产储备 | | 开复工 | 其中：新开工 | 竣工面积 | 签约面积 | 签约金 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 面积 | 面积 | 面积 | | | 额 | | 权益口 径 | | 0 | 1.29 | 0 | 0 | 0.29 | 0.04 | 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。 2025 年第四季度（10 月 1 日至 12 月 31 日），京能置业股份有限 公司（以下简称"公司"）及控股子公司经营情况如下： ...

Financial Performance Forecast - The company expects a net loss attributable to shareholders of the parent company for 2025 to be between -986 million and -1,315 million RMB, representing an increase in loss of 877 million to 1,206 million RMB compared to the previous year [2][3]. - The net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is expected to be between -979 million and -1,308 million RMB for 2025 [2][3]. - The net profit for the same period last year was -109 million RMB, and the net profit after deducting non-recurring gains and losses was -116 million RMB [4]. - The company reported an earnings per share of -0.24 RMB for the previous year [4]. Reasons for Expected Loss - The primary reason for the expected loss in 2025 is the implementation of flexible sales strategies for certain real estate projects, leading to a decline in gross profit and inventory impairment provisions [5]. Audit and Accuracy - The performance forecast has not been audited by registered accountants [3]. - There are no significant uncertainties affecting the accuracy of this performance forecast [6]. - The financial data provided is based on preliminary calculations and professional judgment by the company's finance department [7].

Group 1 - The real estate development sector increased by 0.53% on January 15, with Bright Real Estate leading the gains [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] - Bright Real Estate's stock price rose by 10.09% to 3.82, with a trading volume of 410,100 shares and a transaction value of 152 million yuan [1] Group 2 - The real estate development sector experienced a net inflow of 395 million yuan from institutional investors, while retail investors saw a net outflow of 275 million yuan [2] - Major stocks in the sector showed varied performance, with Vanke A experiencing a net inflow of 235 million yuan from institutional investors, but a net outflow of 151 million yuan from retail investors [3] - Poly Development had a net inflow of 128 million yuan from institutional investors, while retail investors had a net outflow of 104 million yuan [3]

Group 1 - The core point of the news is that Jingneng Real Estate has experienced a decline in stock price, dropping 1.07% to 4.64 CNY per share, with a total market value of 2.101 billion CNY and a cumulative drop of 3.1% over three consecutive days [1] - Jingneng Real Estate, established on April 1, 1997, primarily engages in real estate development and management, with residential income accounting for 94.53% of its total revenue [1] - The company’s revenue sources include residential income (94.53%), commercial income (1.81%), storage income (1.65%), electricity income (0.90%), management fees (0.44%), rental income (0.39%), parking income (0.26%), and others (0.03%) [1] Group 2 - From the perspective of major circulating shareholders, a fund under Nuoan Fund is among the top shareholders of Jingneng Real Estate, having reduced its holdings by 3,000 shares, resulting in a floating loss of approximately 10.96 thousand CNY today [2] - The Nuoan Multi-Strategy Mixed A fund has achieved a year-to-date return of 69.95% and ranks 446 out of 8,085 in its category [2] - The fund manager, Kong Xianzheng, has a tenure of 5 years and 36 days, with the best fund return during this period being 86.55% [2]

证券代码：600791 证券简称：京能置业 公告编号：临 2025-049 号 本次中期票据发行规模为人民币10亿元，2025年12月26日，募集 资金已全部到账。现将发行结果公告如下： | | 京能置业股份有限 | | | | --- | --- | --- | --- | | 中期票据名称 | 公司2025年度第三 | 中期票据简称 | 25京能置业MTN003 | | | 期中期票据 | | | | 中期票据代码 | 102585360.IB | 中期票据期限 | 3年 | | 起息日 | 2025年12月26日 | 兑付日 | 2028年12月26日 | | 计划发行总额 | 人民币10亿元 | 实际发行总额 | 人民币10亿元 | | 发行利率 | 2.10％ | 发行价格 | 100元/百元面值 | 京能置业股份有限公司 关于中期票据发行结果的公告 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。 京能置业股份有限公司（以下简称"公司"）于 2025 年 5 月 20 日召开 2024 年年度股东大会，审议通过了《公 ...

Group 1 - Shareholder Zhang Yu of Kehua Holdings plans to reduce his stake by up to 3%, amounting to no more than 5.83 million shares within three months [1] - Shanghai Ailu has signed a strategic cooperation agreement with Southern Road Machinery to provide packaging products for the dry-mixed mortar industry [2] - Xingyuan Zhuomei appointed Gong Chunming as the new deputy general manager [3] Group 2 - Tongyi Zhong's shareholder has set a preliminary transfer price of 15.47 yuan per share for a total of 4.27 million shares [4] - Anada's shareholder did not implement the planned share reduction of up to 2% by the deadline [5] - Rongchang Bio plans to repurchase shares worth between 20 million to 40 million yuan at a price not exceeding 95 yuan per share [6] Group 3 - Hainan Airport reported an 8.16% year-on-year increase in passenger throughput for November, totaling 2.09 million passengers [7] - Lanjian Intelligent plans to apply for a bank credit line of up to 1.2 billion yuan for various financial operations [8] - Xinlei Co. received a total of 561.43 million yuan in land acquisition and compensation payments [9] Group 4 - Foster reported a surplus of 321 million yuan from four fundraising projects, which will be used to supplement working capital [10] - China Southern Airlines experienced a 10.42% year-on-year increase in passenger turnover for November [12] - China National Airlines reported a 10.1% year-on-year increase in passenger turnover for November [17] Group 5 - Sanyou Chemical plans to register and issue mid-term notes not exceeding 1.3 billion yuan [18] - Quanyuan Spring used 60 million yuan of idle funds to purchase structured deposits [19] - Su Keng Agricultural Development appointed Zou Yi as the new deputy general manager [20] Group 6 - Jingneng Real Estate received approval to register mid-term notes totaling up to 2 billion yuan [21] - Dechang Co. received approval from the CSRC for a targeted issuance of shares [23] - Jiufeng Bio obtained a medical device registration certificate for its fructosamine testing kit [24] Group 7 - Jinzi Ham's president Guo Bo resigned for personal reasons, while Zheng Hu was appointed as the new president [25] - China Eastern Airlines reported a 10.35% year-on-year increase in passenger turnover for November [26] - Fengfan Co.'s controlling shareholder is in the process of acquiring 17.32% of the company's shares [27] Group 8 - Zhenghai Bio signed a technical development contract with the Chinese Academy of Agricultural Sciences for a collagen product project worth 12 million yuan [28] - Xinhua Insurance reported a 16% year-on-year increase in cumulative original insurance premium income for the first 11 months [29] - Jingjia Microelectronics' subsidiary completed key stages of its AI SoC chip project [30] Group 9 - Shanghai Pharmaceuticals' hydrochloride sotalol tablets passed the consistency evaluation for generic drugs [31] - Heshun Technology's subsidiary's carbon fiber project has entered a stable operational phase [32] - Spring Airlines reported an 18.02% year-on-year increase in passenger turnover for November [33] Group 10 - Huaxin New Materials proposed a mid-term dividend plan of 1 yuan per 10 shares [34] - Keda Li plans to increase capital by 300 million yuan for its wholly-owned subsidiary [35] - Jinguang Electric won a bid for a high-voltage direct current transmission project worth 84.86 million yuan [36] Group 11 - XGIMI Technology's subsidiary received a development notification for a vehicle-mounted projection project from a well-known domestic automotive manufacturer [37]

公司将根据《接受注册通知书》的要求，严格按照相关规定，根 据资金需求和市场情况择机发行本次中期票据，并依据进展情况及时 履行信息披露义务。 特此公告。 证券简称：京能置业 证券代码：600791 编号：临 2025-048 号 京能置业股份有限公司 关于中期票据获中国银行间市场交易商 协会注册的公告 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。 京能置业股份有限公司（以下简称"公司"）于 2025 年 5 月 20 日召开 2024 年年度股东大会，审议通过了《公司关于 2025 年度融资 及担保计划的议案》，同意公司 2025 年新增注册发行总额不超过 20 亿元中期票据，详细内容见 2025 年 5 月 21 日的中国证券报、上海证 券报和上海证券交易所网站（www.sse.com.cn）披露的相关公告。 公司近日收到中国银行间市场交易商协会（以下简称"交易商协 会"）发布的《接受注册通知书》（中市协注【2025】MTN1194 号）， 交易商协会决定接受公司本次中期票据注册。《接受注册通知书》中 明确，公司本次中期票据 ...

Core Viewpoint - 京能置业 has received a registration notice from the China Interbank Market Dealers Association for its medium-term notes, indicating a significant step in its financing strategy [1] Group 1: Registration Details - The registered amount for the medium-term notes is set at 2 billion yuan [1] - The registration is valid for two years from the date of the notice [1] - The joint lead underwriters for this issuance are CITIC Construction Investment Securities and China Galaxy Securities [1] Group 2: Issuance Process - The company can issue the medium-term notes in installments during the registration validity period [1] - Any issuance that requires filing must be submitted to the Dealers Association in advance [1]

Core Points - The company has successfully issued medium-term notes with a total scale of RMB 500 million, which were fully received by November 24, 2025 [1][2] Group 1 - The issuance of medium-term notes was approved by the company's board of directors and shareholders in meetings held on December 9, 2024, and December 25, 2024 [1] - The company received the acceptance registration notice from the China Interbank Market Dealers Association [1] - Relevant documents regarding the issuance can be found on the China Money website and the Shanghai Clearing House [1]