证券日报网讯 1月9日，大悦城发布公告称，公司无逾期担保或涉及诉讼的担保。 （文章来源：证券日报） ...

大悦城控股集团股份有限公司第十一届董事会公告 证券代码：000031 证券简称：大悦城 公告编号：2026-002 大悦城控股集团股份有限公司 关于持股 5%以上股东权益变动触及 1%整数倍的提示性公告 持股 5%以上的股东"太平人寿保险有限公司－传统－普通保险产品 -022L-CT001 深"保证向本公司提供的信息内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 2026 年 1 月 8 日，大悦城控股集团股份有限公司（以下简称"公司"）收 到股东"太平人寿保险有限公司－传统－普通保险产品-022L-CT001 深"（以下 简称"太平人寿"）发来的通知，为实现保险资金多元化组合运用，太平人寿于 2025 年 8 月 20 日至 2026 年 1 月 8 日期间通过集中竞价方式累计减持公司股份 26,629,800 股，占公司总股本的比例为 0.62%。本次持股变动后，太平人寿持有 公司股份数量由 283,417,532 股减少至 256,787,732 股，占公司总股本的比例由 6.61%减少至 5.99%，权益变动触及 1%的整数倍。本次权益变动不会对公司治理 结构及持续经营产生影响。 现将 ...

大悦城公告称，股东太平人寿于2025年8月20日至2026年1月8日，通过集中竞价累计减持公司股份 2662.98万股，占总股本0.62%。减持后，太平人寿持股由2.83亿股降至2.57亿股，占比由6.61%降至 5.99%，权益变动触及1%整数倍，此次减持不会对公司治理及经营产生影响，且符合相关规定。 ...

大悦城控股集团股份有限公司第十一届董事会公告 证券代码：000031 证券简称：大悦城 公告编号：2026-001 大悦城控股集团股份有限公司 关于控股子公司为其全资子公司重庆泽悦实业有限公司 提供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、担保情况概述 1、大悦城控股集团股份有限公司（以下简称"公司"）控股子公司重庆泽 悦实业有限公司（以下简称"重庆泽悦"）向中国邮政储蓄银行股份有限公司重 庆沙坪坝区支行（以下简称"邮储银行"）申请 5.7 亿元借款，期限 15 年，用 于置换重庆泽悦为项目开发建设形成的借款。公司控股子公司大悦城地产有限公 司（以下简称"大悦城地产"，间接持有重庆泽悦 100%股权）按股权比例 100% 为重庆泽悦提供连带责任保证担保。 2、根据公司 2024 年年度股东大会审议通过的《关于 2025 年度向控股子公 司提供担保额度的议案》，本次担保事项属于公司提供担保额度范围内的担保。 详 情 请 见 公 司 于 2025 年 4 月 19 日 、 2025 年 5 月 22 日 在 巨 潮 资 讯 网 （www.c ...

Core Viewpoint - The company Dalian Wanda announced that as of January 9, the total guarantee balance for the company and its subsidiaries is approximately 14.761 billion yuan, which represents 139.31% of the audited net assets attributable to shareholders as of December 31, 2024 [1] Group 1: Guarantee Balances - The guarantee balance provided by the company for its subsidiaries is approximately 11.544 billion yuan, accounting for 108.95% of the audited net assets attributable to shareholders as of December 31, 2024 [1] - The company and its subsidiaries have provided guarantees to off-balance sheet entities totaling approximately 3.217 billion yuan, which represents 30.36% of the audited net assets attributable to shareholders as of December 31, 2024 [1] Group 2: Net Asset Ratios - The total guarantee balance represents 35.52% of the company's net assets as of December 31, 2024 [1] - The guarantee balance for subsidiaries accounts for 27.78% of the company's net assets as of December 31, 2024 [1] - The guarantees to off-balance sheet entities account for 7.74% of the company's net assets as of December 31, 2024 [1]

北京商报讯（记者 刘卓澜）1月6日，朝阳大悦城发布元旦消费数据显示，2025年12月31日至2026年1月3日，朝阳大悦城2026年开门红活动收官。活动期 间，商场实现客流与销售双重突破，客流突破45万人次，同比增长40%，销售额冲破1.2亿元，同比提升22%。 作为"青年文化首发中心"，朝阳大悦城一直发力首展、首店、首发。开门红期间，商场引入了《灵笼》线下主题展·全国首展、ZOAful Winter POP-UP内地首 站、《垂涎》醉枝小卖部·华北首展等。朝阳大悦城近日还引入了泰柯茶园、伯希和、影石、甬江烟火北京首店、胡椒厨房北京首店、笠夏北京首店、 FAKEME北京旗舰店等多家人气首店，涵盖特色餐饮、时尚零售、潮流户外等多个业态，进一步汇聚了人气，助推消费热潮。 朝阳大悦城相关人员表示，未来，朝阳大悦城将继续聚焦消费者需求，引入更多优质资源，打造更多特色活动，为京城商业市场注入持续动能。 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the commercial real estate sector, including Longfor Group, China Overseas Development, Link REIT, and others [9][26]. Core Insights - The introduction of commercial real estate REITs (C-REITs) marks a significant shift in China's real estate development model, with policies aimed at enhancing liquidity and asset valuation [1][5]. - The new policies are expected to accelerate the scale of C-REITs, particularly in the commercial real estate sector, which is seen as having the most substantial growth potential [4][25]. - The report emphasizes the importance of expanding the asset base and optimizing regulatory mechanisms to attract more investment and enhance market efficiency [3][4]. Summary by Sections Investment Rating - The report recommends a "Buy" rating for Longfor Group, China Overseas Development, Link REIT, and several other companies, indicating strong growth potential in the commercial real estate sector [9][26]. Policy Background - The transformation of the REITs system is driven by three main factors: revitalizing existing assets, promoting pilot experiences, and enhancing the quality of REITs to meet market demands [2][11]. Policy Core - The core of the new policies focuses on expanding the asset base and increasing efficiency, which includes breaking the self-holding restrictions for original rights holders and enhancing market-driven pricing mechanisms [3][12]. Impact and Outlook - The report identifies three key factors that could drive the rapid scaling of REITs: increased motivation for original rights holders, a broader range of participating funds, and improved efficiency in the review and management processes [4][19]. - Commercial real estate is expected to become the focal point for expansion, with the potential for significant growth in this sector [24][25]. Investment Recommendations - The report suggests investing in companies with a strong presence in commercial real estate and management advantages, such as Longfor Group, China Overseas Development, and others [5][26].

证券代码：000031.SZ 证券简称：大悦城 债券代码：148174.SZ 债券简称：23 大悦 01 根据《大悦城控股集团股份有限公司 2023 年面向专业投资者公开发行公司 债券（第一期）募集说明书》及相关规定，大悦城控股集团股份有限公司（以下 简称"发行人"）已在指定媒体披露了《大悦城控股集团股份有限公司关于"23 大悦 01"票面利率调整及投资者回售实施办法第一次提示性公告》《大悦城控股 集团股份有限公司关于"23 大悦 01"票面利率调整及投资者回售实施办法第二 次提示性公告》《大悦城控股集团股份有限公司关于"23 大悦 01"票面利率调整 及投资者回售实施办法第三次提示性公告》。投资者可在回售登记期内选择将持 有的"23 大悦 01"全部或部分回售给公司，回售价格为人民币 100 元/张（不含 利息），"23 大悦 01"回售申报日为 2025 年 12 月 4 日、12 月 5 日、12 月 8 日。 本次回售申报不可撤销。 本公司及董事会全体成员保证信息披露的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 根据发行人已在指定媒体披露的《大悦城控股集团股份有限公司关于"23 大 悦 ...

Investment Rating - The report rates the real estate industry as "Outperform" [6] Core Viewpoints - New home transaction area has seen a slight month-on-month increase of 0.5%, while the year-on-year decline has narrowed to 21.5% [6] - The transaction area for second-hand homes has turned negative month-on-month, with a year-on-year decline of 15.9%, although the decline has also narrowed compared to the previous week [6] - New home inventory area has decreased both month-on-month and year-on-year, with a de-stocking cycle of 16.2 months, which is a decrease of 1.6 months month-on-month but an increase of 4.3 months year-on-year [6] - The land market has seen a decrease in transaction volume but an increase in price, with a total land transaction area of 4,375 million square meters, down 15.4% month-on-month and 16.5% year-on-year, while the average floor price has increased by 1.6% month-on-month and 9.5% year-on-year [6] - The total issuance of domestic bonds in the real estate sector has decreased significantly, with a total issuance of 1.96 billion yuan, down 68.5% month-on-month and 20.2% year-on-year [6] Summary by Sections 1. Key City New Home Market, Second-Hand Home Market, and Inventory Tracking - New home transaction area in 40 cities is 281.9 million square meters, with a month-on-month increase of 0.5% and a year-on-year decrease of 21.5% [17][26] - The inventory of new homes in 12 cities is 11,398 million square meters, with a month-on-month decrease of 0.7% and a year-on-year decrease of 7.0% [42][43] - The transaction area for second-hand homes in 18 cities is 126.2 million square meters, with a month-on-month decrease of 28.0% and a year-on-year decrease of 15.9% [49][57] 2. Land Market Tracking - Total land transaction area in 100 cities is 4,375 million square meters, down 15.4% month-on-month and 16.5% year-on-year [63][64] - The total land transaction price is 111.36 billion yuan, down 14.1% month-on-month and 8.5% year-on-year [68][89] - The average floor price of land is 2,545.5 yuan per square meter, up 1.6% month-on-month and 9.5% year-on-year [63][68] 3. Policy Overview - The Ministry of Finance has announced a new policy reducing the value-added tax rate on personal sales of housing from 5% to 3%, effective January 1, 2026 [2][97] - The central bank has indicated a focus on stabilizing the real estate market and improving financial conditions [97]

Group 1 - The core viewpoint of the news is that Dalian City has experienced a stock price increase of 2.13% this year, but has seen declines over the past five, twenty, and sixty trading days, indicating volatility in its stock performance [2] - As of January 5, Dalian City's stock price is reported at 2.88 yuan per share, with a total market capitalization of 12.345 billion yuan [1] - The company has a diverse revenue structure, with 75.64% from property sales and land development, 16.80% from investment properties and related services, and smaller contributions from hotel operations and management services [2] Group 2 - Dalian City reported a total revenue of 20.648 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 0.83%, while the net profit attributable to shareholders was -533 million yuan, showing a year-on-year increase of 9.17% [2] - The company has not distributed dividends in the last three years, with a cumulative payout of 2.054 billion yuan since its A-share listing [3] - As of September 30, 2025, the number of shareholders decreased by 7.16% to 89,700, while the average circulating shares per person increased by 15.33% to 47,810 shares [2]