Core Viewpoint - Rong'an Real Estate (000517) reported a significant decline in financial performance for the first half of 2025, with net profit down 92.14% year-on-year and total revenue down 71.95% [1] Financial Performance Summary - Total revenue for the first half of 2025 was 3.895 billion yuan, a decrease of 71.95% compared to 13.884 billion yuan in the same period of 2024 [1] - Net profit attributable to shareholders was 36.45 million yuan, down 92.14% from 464 million yuan in 2024 [1] - The gross profit margin increased to 11.88%, up 74.34% year-on-year, while the net profit margin plummeted to 0.06%, a decrease of 98.17% [1] - Total operating expenses (sales, management, and financial expenses) amounted to 271 million yuan, representing 6.96% of revenue, an increase of 152.88% year-on-year [1] Cash Flow and Assets - Cash flow from operating activities decreased by 30.83%, attributed to reduced sales collections [8] - Cash and cash equivalents dropped to 1.602 billion yuan, down 52.19% from 3.35 billion yuan [1] - The company's net asset value per share decreased to 1.84 yuan, down 26.94% from 2.52 yuan [1] Cost and Expense Analysis - Operating costs fell by 73.47%, primarily due to a reduction in project delivery scale [4] - Management expenses decreased by 49.83%, attributed to lower employee compensation [5] - Financial expenses decreased by 29.05%, due to a reduction in debt scale leading to lower interest payments [5] Investment and Returns - The company's historical return on invested capital (ROIC) has been weak, with a median of 4.44% over the past decade and a particularly poor ROIC of -13.81% in 2024 [10] - The company has reported losses in five out of the 35 annual reports since its listing, indicating a generally poor financial performance history [10] Business Model Insights - The company's performance is primarily driven by marketing efforts, necessitating a thorough examination of the underlying factors influencing this drive [11] - The cash flow situation is concerning, with cash and cash equivalents only covering 32.5% of current liabilities [11]

Meeting Overview - The 8th meeting of the 12th Board of Directors of the company was held on August 28, 2025, with all 5 directors present [2][3] - The meeting was chaired by the Chairman Wang Jiufang, with supervisors present [2] Resolutions Passed - The meeting approved the 2025 Half-Year Report and its summary with a unanimous vote of 5 in favor [4] - The meeting also approved the amendment to the company's Articles of Association, which will be submitted to the shareholders' meeting for review [5][6] - Several governance-related proposals were approved, including amendments to the Independent Director Work System, External Guarantee Management Regulations, Related Party Transaction Management Measures, Financial Assistance Management Measures, Fundraising Management System, and Information Disclosure Management System, all requiring shareholder approval [7][9][11][13][15][16] - The meeting approved the proposal to supplement an independent director to the board, which will also be submitted to the shareholders' meeting for review [18] - Authorization for financial assistance to affiliated companies was approved, pending shareholder approval [20] Shareholders' Meeting Notification - The company announced the 2025 First Extraordinary Shareholders' Meeting to be held on September 16, 2025, with a registration date of September 11, 2025 [27][33] - The meeting will include a special resolution regarding the amendment of the Articles of Association, requiring a two-thirds majority vote from attending shareholders [37] Financial Assistance Proposal - The company plans to provide financial assistance to its affiliated companies, with conditions including that the assistance will only be used for real estate development and will not exceed 50% of the company's latest audited net assets, amounting to RMB 2.909 billion [48] - The proposal was approved by the board with a unanimous vote and will be submitted to the shareholders' meeting for review [49] Independent Director Election - The company announced the resignation of independent director Yan Guoqing and proposed the election of Wan Weijun as a new independent director, pending shareholder approval [52][53] - Wan Weijun is a qualified accountant with no conflicts of interest with the company [54]

Core Viewpoint - The company has announced the revision of its Articles of Association and related governance systems, which will be submitted for shareholder approval following the board's decision [8][9]. Group 1: Company Overview - The company is named Rong'an Real Estate Co., Ltd., with the stock code 000517 [8]. - The board of directors has confirmed that all members attended the meeting to review the report [2]. Group 2: Financial and Shareholder Information - The company will not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [3]. - There have been no changes in the controlling shareholder or actual controller during the reporting period [5][6]. Group 3: Governance Changes - The company plans to amend its Articles of Association and related documents to comply with the latest legal requirements and operational realities, including renaming the "Rules of Procedure for Shareholders' Meetings" [8][9]. - The proposed amendments will require approval from the shareholders' meeting and authorization for management to handle subsequent registration matters [9].

Group 1 - The core point of the article is that Rong'an Real Estate announced the convening of its 2025 first extraordinary shareholders' meeting during the eighth session of the twelfth board meeting held on August 28, 2025 [1] - For the first half of 2025, the revenue composition of Rong'an Real Estate is as follows: real estate sales accounted for 98.67%, rental income for 0.86%, construction services for 0.3%, other industries for 0.14%, and consulting fees for 0.03% [1]

荣安地产股份有限公司 2025 年半年度财务报告 荣安地产股份有限公司 2025 年半年度财务报告 【2025 年 08 月】 1 荣安地产股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：荣安地产股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 1,601,983,572.40 | 2,226,747,417.35 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | | | | 应收账款 | 141,813,037.05 | 154,685,033.81 | | 应收款项融资 | | | | 预付款项 | 16,725,311.84 | 4,168,024.07 | | 应收保费 | | | | 应收分保账款 | | | | 应收分保合同准备金 | ...

为保证公司董事会正常运行，根据《公司法》《上市公司独立董事管理办 法》等法律、法规及《公司章程》的规定，经董事会提名委员会对独立董事候 选人的任职资格进行资格审查后，公司于 2025 年 8 月 28 日召开荣安地产股份 有限公司第十二届董事会第八次会议审议通过了《关于补选第十二届董事会独 立董事的议案》，提名万伟军先生为公司第十二届董事会独立董事候选人（简 历附后）。董事会同意在增补万伟军先生为公司独立董事的议案获得股东会审 议通过的前提下，增补万伟军先生担任公司董事会提名委员会主任委员、薪酬 与考核委员会主任委员、审计委员会委员、战略委员会委员，任期自股东会审 议通过之日起至公司第十二届董事会任期届满之日止。 独立董事候选人万伟军先生为会计专业人士，目前已取得独立董事资格证 书。在万伟军先生的任职资格和独立性经深圳证券交易所备案审核无异议后， 补选独立董事的议案方可提交公司股东会审议。 证券代码：000517 证券简称：荣安地产 公告编号：2025-021 荣安地产股份有限公司 关于补选公司独立董事的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或者重 大遗漏。 ...

荣安地产股份有限公司 独立董事候选人声明与承诺 声明人 万伟军 作为荣安地产股份有限公司第十二届董事会独 立董事候选人，已充分了解并同意由提名人荣安地产股份有限公司董 事会提名为荣安地产股份有限公司（以下简称该公司）第十二届董事 会独立董事候选人。现公开声明和保证，本人与该公司之间不存在任 何影响本人独立性的关系，且符合相关法律、行政法规、部门规章、 规范性文件和深圳证券交易所业务规则对独立董事候选人任职资格 及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过荣安地产股份有限公司第十二届董事会提名委 员会或者独立董事专门会议资格审查，提名人与本人不存在利害关系 或者其他可能影响独立履职情形的密切关系。 ☑ 是□ 否 如否，请详细说明：______________________________ 二、本人不存在《中华人民共和国公司法》第一百七十八条等规 定不得担任公司董事的情形。 ☑ 是□ 否 如否，请详细说明：______________________________ 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳 证券交易所业务规则规定的独立董事任职资格和条件。 ☑ 是□ 否 1 如否， ...

荣安地产股份有限公司 独立董事提名人声明与承诺 提名人荣安地产股份有限公司董事会现就提名万伟军为荣安地 产股份有限公司第十二届董事会独立董事候选人发表公开声明。被提 名人已书面同意作为荣安地产股份有限公司第十二届董事会独立董 事候选人（参见该独立董事候选人声明）。本次提名是在充分了解被 提名人职业、学历、职称、详细的工作经历、全部兼职、有无重大失 信等不良记录等情况后作出的，本提名人认为被提名人符合相关法律、 行政法规、部门规章、规范性文件和深圳证券交易所业务规则对独立 董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、被提名人已经通过荣安地产股份有限公司第十二届董事会提 名委员会或者独立董事专门会议资格审查，提名人与被提名人不存在 利害关系或者其他可能影响独立履职情形的密切关系。 ☑ 是□ 否 如否，请详细说明：______________________________ 二、被提名人不存在《中华人民共和国公司法》第一百七十八条 等规定不得担任公司董事的情形。 ☑ 是□ 否 如否，请详细说明：______________________________ 三、被提名人符合中国证监会《上市公司独立 ...

证券代码：000517 证券简称：荣安地产 公告编号：2025-022 （一）基本情况 荣安地产股份有限公司（以下简称"公司"、"本公司"）为提高公司运 营效率，满足参股公司房地产项目开发建设资金需要，根据《深圳证券交易所 股票上市规则》《公司章程》的相关规定，公司拟提请股东会授权董事会，董 事会在取得股东会的授权之同时授权公司董事长对符合以下全部条件的财务资 助事项进行决策，具体条件如下： 1、被资助的参股公司从事单一主营业务且为房地产开发业务，且资助资金 仅用于主营业务； 荣安地产股份有限公司 关于对向参股公司提供财务资助进行授权管理的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或者重 大遗漏。 一、财务资助事项概述 2、被资助的参股公司不是上市公司的董事、监事、高级管理人员、持股 5% 以上的股东、实际控制人及其控制的法人或其他组织； 3、被资助参股公司的其他股东或者其他合作方按出资比例提供同等条件的 财务资助，包括资助金额、期限、利率、违约责任、担保措施等； 4、新增财务资助总额度不超过公司最近一期经审计净资产的 50%，即人民 币 29.09 亿元:对单个 ...

荣安地产股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 | 宁波凯哲企业管理有限公司 | 子公司 | 其他应收款 | - | 44,093.00 | - | 44,093.00 | - | 资金往 | 非经营性 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 来 | 往来 | | 宁波康柏投资管理有限公司 | 子公司 | 其他应收款 | 28,148.31 | 9,699.00 | - | 3,357.90 | 34,489.41 | 资金往 | 非经营性 | | | | | | | | | | 来 | 往来 | | 宁波康晟房地产销售代理有 | 子公司 | 其他应收款 | 30,399.19 | 54,843.75 | - | 84,982.84 | 260.10 | 资金往 | 非经营性 | | 限公司 | | | | | | | | 来 资金往 | 往来 非经营性 | | 宁波康迪贸易有限公司 | 子公司 | 其他应收款 | 23,255.09 | 44,72 ...