Group 1 - The core viewpoint of the article highlights the strong financial performance of Xincheng Holdings in the first half of 2025, with significant revenue and profit growth driven by robust residential sales and improved commercial operations [1][2] - Xincheng Holdings achieved an operating income of 22.1 billion yuan and a net profit attributable to shareholders of 0.895 billion yuan, with a gross profit margin of 26.85%, indicating enhanced profitability resilience [1] - The company reported a contract sales amount of approximately 10.33 billion yuan and a collection amount of 11.884 billion yuan, achieving a collection rate of 115.05%, which strengthens its financial foundation [1] Group 2 - In the commercial sector, Xincheng Holdings generated total operating income of 6.944 billion yuan, a year-on-year increase of 11.8%, with property leasing and management contributing significantly to overall profits [1] - The company has opened and managed 174 Wuyue Plazas, with a total commercial area of 16.0814 million square meters and an occupancy rate of 97.81%, leading the industry [1] - As of the end of the reporting period, Xincheng Holdings had a cash balance of 9.183 billion yuan and a net debt ratio of 53.40%, maintaining a low level of debt [2]

Core Viewpoint - New City Development (01030) reported a significant decline in the performance of its subsidiary, New City Holdings Group Co., Ltd. (601155.SH), for the six months ending June 30, 2025, indicating challenges in the real estate sector [1] Financial Performance - The operating revenue for the period was 22.1 billion RMB, representing a year-on-year decrease of 34.82% [1] - The net profit attributable to shareholders of New City Holdings was 895 million RMB, down 32.11% compared to the previous year [1] - The basic earnings per share stood at 0.4 RMB [1]

Core Viewpoint - Under the macro backdrop of industry adjustment, the company demonstrates strong resilience through a "residential + commercial" dual-drive strategy, maintaining positive profitability and steady operational development [2] Financial Performance - The company achieved a revenue of 22.1 billion and a net profit attributable to shareholders of 0.895 billion, with a gross margin of 26.85%, an increase of 5.25 percentage points year-on-year [3] - The company reported a contract sales amount of 10.33 billion and a collection amount of 11.88 billion, with a collection rate of 115.05% [3] - Cash balance stood at 9.183 billion, with a net debt ratio of 53.40%, indicating a solid financial position [3] Debt Management - The company actively adjusted its debt structure, reducing the financing balance to 52.276 billion, down by 1.374 billion from the beginning of the year [4] - The company’s joint venture interest-bearing liabilities decreased to 2.582 billion, down by 0.691 billion from the beginning of the year [4] Commercial Sector Growth - The commercial operations generated a total revenue of 6.944 billion, a year-on-year increase of 11.8%, with a gross profit margin of 71.20% [5] - The company has established a presence in 141 cities with 205 integrated projects, with a stable occupancy rate of 97.81% [6] Financing Strategy - The company successfully issued a 300 million USD senior unsecured bond and a 1 billion mid-term note, maintaining a low financing cost [8] - The company has maintained a "zero default" record, repaying 1.067 billion in bonds in the first half of 2025 [8] New Business Development - The newly established construction management business signed contracts for over 3.05 million square meters, managing a total area of over 19 million square meters [9]

新城发展(01030)发布附属公司新城控股（601155）集团股份有限公司(新城控股(601155.SH))截至2025年 6月30日止六个月业绩，营业收入221亿元人民币，同比减少34.82%;归属于新城控股股东的净利润8.95 亿元，同比减少32.11%;基本每股收益0.4元。 ...

营收221.00亿 资金回笼率达115.05% 依托双轮驱动战略优势，新城控股住宅保持高回款、商业势能持续释放，发展韧性显著提升。 根据半年报，上半年新城控股实现营业收入221亿元，归属于上市公司股东的净利润8.95亿元，扣非归 母净利润9.47亿元，毛利率为26.85%，同比增长5.25个百分点。在核心指标保持稳定的基础上，截至报 告期末，新城控股已售未结转面积(含合联营项目)达到1179.19万平方米，为未来业绩兑现奠定坚实基 础。 在地产开发业务上，新城控股以重销售、抓回款为核心，持续稳固基本盘，公司上半年实现合同销售金 额103.30亿元，合同销售面积133.5万平方米；实现回款金额118.84亿元，回款率达到115.05%，有回款 的销售为公司筑牢资金底盘。 在行业深度调整的宏观背景下，新城控股(601155.SH)通过"住宅+商业"双轮驱动战略，在行业不确定性 中展现出强劲韧性。8月29日晚发布的2025年半年报显示，公司继续保持正向盈利，经营性业务贡献不 断提升，融资渠道持续拓宽，整体经营保持稳中向好的发展态势。 商业压舱 业绩贡献提升至近八成 在商业领域构建的强大护城河，正成为新城控股应对不确 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 SEAZEN GROUP LIMITED 新城發展控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 責 任 公 司） （股 份 代 號：1030） 海外監管公告 截 至2025年6月30日止半年度報告 本公告乃由新城發展控股有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第13.10B條 而 作 出。茲 載 列 本 公 司 旗 下 一 間 於 上 海 證 券 交 易 所 上 市 的A股 附 屬 公 司，新 城 控 股 集 團 股 份 有 限 公 司（股 份 代 號：601155），在 上 海 證 券交易所網站(www.sse.com.cn)刊登的《新 城 控 股 集 團 股 份 有 限 公 司2025年半年度 報 告》，僅 供 參 閱。 承董事會命 新城發展控股有限公司 董事長 王曉松 中 國，2025年8月29日 於 ...

新城控股集团股份有限公司 对外担保进展公告 证券代码：601155 证券简称：新城控股 公告编号：2025-043 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: 被担保人：公司合并报表范围内各级子公司（以下简称"子公司"）、合 营公司及联营公司（以下简称"合联营公司"）。 担保金额：截至 2025 年 6 月 30 日，公司对外担保余额为 402.98 亿元， 在公司 2024 年年度股东大会授权范围内。 截至本公告披露日无逾期担保。 特别风险提示：基于房地产行业项目开发特点，公司及控股子公司存在 对外担保总额超过最近一期经审计归属母公司股东净资产 100%以及对资产负债 率超过 70%的公司提供担保的情况。 一、担保情况概述 公司于 2025 年 5 月 26 日召开的 2024 年年度股东大会审议通过了《关于公 司 2025 年度担保计划的议案》，同意公司在 2024 年 12 月 31 日担保余额基础上， 对资产负债率为 70%以上的子公司、资产负债率低于 70%的子公司、资产负债 率为 70%以上的合 ...

Core Viewpoint - New City Holdings reported a strong performance in the first half of 2025, with significant revenue growth and improved profitability metrics [1] Financial Performance - The company achieved an operating revenue of 22.1 billion yuan in the first half of 2025 [1] - Net profit attributable to shareholders was 0.895 billion yuan, while the net profit excluding non-recurring items was 0.947 billion yuan [1] Business Segments - The commercial segment continued to grow, with total revenue from commercial operations reaching 6.944 billion yuan, representing a year-on-year increase of 11.8% [1] - The gross profit from property leasing and management was 4.573 billion yuan, which increased its share of total gross profit from 57.21% in the same period last year to 77.06% [1] - The gross profit margin for property leasing and management stood at 71.20% [1]

Group 1 - The company reported a revenue of 22.1 billion yuan for the first half of the year, representing a year-on-year decline of 34.82% [1] - The net profit attributable to shareholders was 895 million yuan, down 32.11% year-on-year [1] - The basic earnings per share stood at 0.4 yuan [1]

Core Insights - New City Holdings (601155) reported its 2025 semi-annual results on August 29, showing a revenue of 22.1 billion yuan and a net profit attributable to shareholders of 0.895 billion yuan [1] - The company's commercial segment continued to grow, achieving total commercial operation revenue of 6.944 billion yuan, representing a year-on-year increase of 11.8% [1] - The gross profit from property leasing and management reached 4.573 billion yuan, increasing its share of total gross profit from 57.21% in the same period last year to 77.06% [1] - The gross profit margin for property leasing and management stood at 71.20% [1]