证券代码：000069 证券简称：华侨城 A 公告编号：2025-30 深圳华侨城股份有限公司 关于在控参股公司之间调剂担保额度的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 一、担保情况概述 深圳华侨城股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日召开 2024 年年度股东大会，审议通过了《关于公司及控 股子公司 2025-2026 年度对控参股公司提供担保额度的提案》， 同意公司及控股子公司于 2025-2026 年度为控参股公司合计提供 额度不超过人民币 532.64 亿元的担保额度；在不超过上述担保总 额度的情况下，公司管理层可根据实际经营情况对控参股公司之 间的担保额度进行调剂。 为满足子公司业务发展需要，公司将全资子公司重庆华侨 城实业发展有限公司未使用的担保额度 4.2 亿元调剂至全资子 公司重庆锦宸里置业有限公司。本次调剂的金额占公司最近一 期经审计净资产的 0.79%。调剂后，公司 2025-2026 年度为重庆 华侨城实业发展有限公司提供担保额度由 14.12 亿元调整为 1 9.92 亿元，为重庆锦宸里置业有限公司 ...

Core Viewpoint - Company actively engages in the development of the special economic zone through various initiatives, including the "2025 Overseas Chinese Town Tourism Carnival" to enhance cultural tourism experiences for citizens and visitors [1] Group 1 - Company has launched multiple initiatives that span the summer and National Day holiday periods, integrating its theme parks, natural cultural sites, and cultural venues to create diverse consumption scenarios [1] - The company aims to provide a comprehensive cultural tourism experience by offering various beneficial products and themed activities [1] - Future efforts will continue to align with the spirit of the special economic zone, focusing on business development and innovation to contribute to the prosperity of the region [1]

Investment Rating - The report does not explicitly state an investment rating for the real estate industry in 2024 Core Insights - The average revenue of the top 30 listed real estate companies in China is projected to decline by approximately 13.83% in 2024, totaling around RMB 2.77 trillion [9] - The average gross margin for these companies is expected to decrease to about 14.42%, down by 1.86% from the previous year [13] - The average net profit margin is projected to be around -10.81%, reflecting a significant decline of 12.45% compared to the previous year [16] - The average return on equity is expected to drop to approximately -20.75%, a decrease of 16.44% from 2023 [59] Summary by Sections 1. Revenue Overview - The total revenue for the top 30 listed real estate companies in 2024 is estimated at RMB 2.77 trillion, a decline of 13.83% year-on-year [9] - Financial Street leads the revenue growth with an increase of 51.74%, reaching RMB 190.75 billion [8] - 20 companies experienced revenue declines, with Midea Real Estate facing the largest drop at 94.94% [9] 2. Gross Margin Overview - The average gross margin for the top 30 companies is projected to be 14.42%, down 1.86% from the previous year [13] - Midea Real Estate shows the highest increase in gross margin at approximately 24.21% [14] - 23 companies reported a decline in gross margin, with Jinhui experiencing the largest drop of 30.80% [13] 3. Net Profit Overview - The average net profit for the top 30 companies is expected to be a loss of RMB 11.65 billion, a decline of 62.09 billion from a profit of RMB 50.44 billion in 2023 [23] - China Resources leads in net profit with RMB 336.78 billion, although this represents a 9.72% decrease from the previous year [24] - Over 70% of companies reported a decline in net profit, with Vanke transitioning from a profit of RMB 204.56 billion to a loss of approximately RMB 487.04 billion [23] 4. Inventory Overview - The total inventory for the top 30 companies is projected to be approximately RMB 60.85 billion, a decrease of 13.58% year-on-year [33] - Only one company, Ruian, reported an increase in inventory, with a growth of 16.03% [33] - Midea Real Estate experienced the largest inventory decline at 99.11% [33] 5. Liquidity Ratios - The average current ratio for the top 30 companies is expected to be 152.86%, a slight increase of 0.15% from the previous year [42] - 16 companies reported a decline in their current ratios, with Xinda showing the largest drop of 39.17% [42] 6. Cash Short-term Debt Ratio - The average cash short-term debt ratio is projected to be 1.52, a decrease of 0.11 from the previous year [54] - Ocean Group has the lowest cash short-term debt ratio at 0.01, while Binhai has the highest at 5.53 [54] 7. Return on Equity Overview - The average return on equity is expected to be -20.75%, a decline of 16.44% from 2023 [59] - Only two companies, Jinmao and New Town, are expected to report positive returns on equity [59]

8月20日，华侨城集团有限公司发布2024年度第三期中期票据2025年付息公告。 票据简称为"24华侨城MTN003"，债项代码为102484028，发行金额为20亿元，起息日为2024年9月12 日，发行期限为3年，债项余额为20亿元，评级情况为AAA。 本计息期债项利率为3.53%，利息支付日为2025年9月12日，本期应偿付利息金额为0.706亿元。（智通 财经记者 李晓青） 澎湃财讯 ...

证券日报网讯华侨城A8月18日在互动平台回答投资者提问时表示，公司以旅游业务和房地产业务为主 业，将继续以市场为导向，以精益管理为抓手，以提升专业化为目标，进一步提升公司在两项业务上的 核心能力。 （文章来源：证券日报） ...

Core Viewpoint - The company, Overseas Chinese Town A, clarified that it does not develop real estate projects in Hong Kong but holds office properties in Kwun Tong for external leasing purposes [1] Group 1 - The company confirmed its investment strategy in Hong Kong, focusing on office property leasing rather than real estate development [1]

Market Overview - The Shanghai Composite Index rose by 0.85% on August 18, with 29 sectors experiencing gains, led by the communication and comprehensive sectors, which increased by 4.46% and 3.43% respectively [1] - The real estate and oil & petrochemical sectors were the biggest losers, declining by 0.46% and 0.10% respectively, with the real estate sector at the top of the decline list [1] Capital Flow Analysis - The net outflow of capital from the two markets was 16.057 billion yuan, with 8 sectors seeing net inflows. The electronics sector led with a net inflow of 5.040 billion yuan and a daily increase of 2.48%, followed by the communication sector with a net inflow of 4.904 billion yuan and a daily increase of 4.46% [1] - The non-bank financial sector had the largest net outflow, totaling 7.087 billion yuan, followed by the power equipment sector with a net outflow of 5.090 billion yuan. Other sectors with significant outflows included pharmaceuticals, basic chemicals, and real estate [1] Real Estate Sector Performance - The real estate sector declined by 0.46% with a total net outflow of 2.004 billion yuan. Out of 100 stocks in this sector, 40 rose, including 1 hitting the daily limit, while 45 fell, including 1 hitting the lower limit [2] - Among the stocks with net inflows, the top three were Tibet Urban Investment with a net inflow of 55.565 million yuan, Tianbao Infrastructure with 33.574 million yuan, and Rongsheng Development with 22.805 million yuan [2] - The stocks with the largest net outflows included Wantong Development with a net outflow of 757.669 million yuan, Quzhou Development with 581.442 million yuan, and Poly Development with 179.508 million yuan [3]

金融界8月18日消息，有投资者在互动平台向华侨城Ａ提问：公司是否参与发展数字经济相关产业。 公司回答表示：投资者您好，公司积极发展数字经济相关产业，推进数字产业化和产业数字化，推动数 字经济与实体经济融合发展。在数字产业化方面，依托公司文旅商服产业能力，拓展打造电商交易、技 术服务等数字产业，如公司旗下花橙科技运营"花橙旅游"消费互联网平台，为行业提供数字化运营整体 解决方案，并探索通过产业互联网赋能产业链上下游共同发展。在产业数字化方面，公司积极推动数字 技术与企业生产经营深度融合，建设"智慧景区""智慧酒店""智慧工地""智慧物管"，以数字化手段提升 产品吸引力、运营效率及用户体验，赋能传统产业焕新发展。 来源：金融界 ...

Key Points - Jin Tian Co., Ltd. reported that the sales of copper processing products applied in the chip computing power field are relatively small [1] - Zhonghe Technology plans to invest no more than 717 million yuan to build a global headquarters and R&D center in Binjiang [1] - Zhejiang Construction Investment won a contract for a project worth 4.912 billion yuan [1] - Huashang City A's contract sales amount for July was 1.69 billion yuan, a year-on-year decrease of 24% [2] - Yunnan Baiyao's Chinese medicine resource company plans to acquire 100% equity of Juyatang for 660 million yuan [1] - Torch Electronics intends to repurchase shares with an investment of 30 million to 50 million yuan [3] - Dongfang Fortune reported a net profit of 5.567 billion yuan for the first half of the year, a year-on-year increase of 37.27% [1][5] - Bo Li Wei's chairman plans to reduce holdings by no more than 2.3756 million shares [1][5] - Jian Tou Energy plans to raise no more than 2 billion yuan through a private placement for the Xibaipo Power Plant Phase IV project [1][5] - Anshuo Information intends to raise no more than 600 million yuan for an AI-based smart credit system [1][5]

Sales Performance - In July 2025, the company achieved a contracted sales area of 136,000 square meters, a year-on-year decrease of 1% but a month-on-month increase of 47% [1] - The contracted sales amount for July 2025 was 1.69 billion yuan, representing a year-on-year decrease of 24% but a month-on-month increase of 16% [1] - From January to July 2025, the cumulative contracted sales area reached 742,000 square meters, a year-on-year increase of 3%, while the cumulative contracted sales amount was 11.18 billion yuan, a year-on-year decrease of 7% [1] Land Acquisition - There were no new land acquisitions reported by the company in July 2025 [2] Tourism Business - The company is actively developing high-quality tourism products and leveraged the summer tourism peak by launching a "Music Festival + Creative Water Play" experience during the "Summer Wave Carnival" [3] - In July 2025, the company's tourism enterprises received a total of 7.88 million visitors, a year-on-year decrease of 10% due to adverse weather conditions such as typhoons and heavy rain [3] - From January to July 2025, the total number of visitors to the company's tourism enterprises was 45.59 million, reflecting a year-on-year increase of 1% [3]