金科地产集团股份有限公司 关于公司股票可能被终止上市的风险提示公告 证券简称：*ST 金科 证券代码：000656 公告编号：2026-004 号 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1、因金科地产集团股份有限公司（以下简称"公司"）经审计 2024 年度 期末净资产为负值，同时公司 2022 年、2023 年及 2024 年连续三年扣除非经常 性损益前后净利润均为负值，且最近一年审计报告显示公司持续经营能力存在 不确定性，根据《深圳证券交易所股票上市规则》（以下简称"《股票上市规 则》"）的相关规定，公司股票交易被实施退市风险警示并叠加其他风险警示。 若公司出现《股票上市规则》第 9.3.12 条规定的情形，公司股票存在被终止上 市的风险。 2、根据《股票上市规则》第 9.3.6 条规定："上市公司因触及本规则第 9.3.1 条第一款第一项至第三项情形，其股票交易被实施退市风险警示后，应当在其 股票交易被实施退市风险警示当年会计年度结束后一个月内，披露股票可能被 终止上市的风险提示公告，在首次风险提示公告披露后至年度报告披露前，每 十 ...

Group 1 - The core viewpoint of the articles highlights the significant progress in debt restructuring for real estate companies in early 2026, continuing the trend from 2025 where major firms like Sunac China and Country Garden successfully restructured debts totaling approximately 1.2 trillion yuan [1][5]. - In January 2026, several companies, including Vanke and Kaisa, announced important developments in their debt restructuring processes, indicating a positive start to the year [2][3]. - The "white list" financing system for real estate projects has been optimized, extending the loan extension period from a maximum of 2.5 years to 5 years, providing companies with more financial flexibility [1][7]. Group 2 - Vanke's debt restructuring plan includes a combination of fixed payments, cash buybacks, and interest prepayments, which has garnered high approval from bondholders [2][3]. - Kaisa's restructuring has entered a critical judicial phase, as indicated by a ruling from the Hong Kong High Court, marking a significant step in its overseas debt restructuring [3]. - The debt restructuring efforts have been characterized as a "blood transfusion" for companies, addressing immediate liquidity crises while emphasizing the need for companies to restore their operational capabilities [5]. Group 3 - The debt restructuring process has seen major milestones, such as Jinke's judicial restructuring involving 147 billion yuan in debt, which is the largest case in the real estate sector [4]. - Sunac China is expected to reduce its overall debt pressure by nearly 60 billion yuan, while Country Garden's overseas debt restructuring aims to reduce approximately 11.7 billion USD, equivalent to about 84 billion yuan in interest-bearing debt [4]. - The "white list" financing mechanism has been crucial in supporting real estate companies, with over 7 trillion yuan in loan approvals by September 2025, facilitating the construction and delivery of nearly 20 million housing units [6][7].

本报记者 冯雨瑶 "十四五"期间，重庆上市公司从57家升至78家，总市值突破万亿元。在此期间，重庆资本市场以坚实的 步伐勾勒出区域经济转型升级的生动图景——从传统产业到高端装备、新能源、新材料等战略性新兴产 业的崛起，一条以新旧动能转换为核心的产业演进主线日益清晰。 Wind资讯数据显示，截至2025年12月末，重庆上市公司总市值约1.21万亿元。2025年上半年，重庆上市 公司研发投入合计147.68亿元，同比增长42.10%，增幅居全国第一。2025年前三季度，重庆上市公司合 计实现营业收入5721.85亿元，归母净利润319.58亿元，分别较2020年同期增长57.64%、15.34%。 深处内陆的重庆，如何突破地理与产业结构的双重约束，实现产业跃迁？近日，《证券日报》记者采访 多家企业，试图从它们各自的实践中，梳理出共性经验与模式。这条兼顾基础升级与前沿布局的发展路 径，正为全国同类地区的产业变革提供一份具有参考意义的"重庆方案"。 纵向升级 重庆是制造业重镇。2023年，重庆吹响制造业高质量发展的号角，提出要着力打造"33618"现代制造业 集群体系，迭代升级制造业产业结构。其中，智能网联新能源汽车 ...

Core Viewpoint - The real estate industry is experiencing a significant debt restructuring process in early 2026, with multiple companies making important progress in their debt resolution efforts, indicating a continuation of the trend from 2025 [1][2]. Group 1: Debt Restructuring Progress - In January 2026, companies such as Vanke, Road King, and Fantasia have disclosed important developments in their debt restructuring [2][3]. - Vanke's debt restructuring plan includes a combination of fixed payments, cash buybacks, and interest prepayments, which has garnered high approval from bondholders [2]. - Fantasia's restructuring has entered a critical judicial phase, as indicated by a ruling from the Hong Kong High Court [3]. Group 2: Scale of Debt Restructuring - In 2025, significant progress was made in debt restructuring, with 21 distressed real estate companies completing their restructuring, amounting to a total debt relief of approximately 1.2 trillion yuan [5]. - Jin Ke Co., for instance, completed a judicial restructuring involving a debt scale of 147 billion yuan, marking it as the largest case in the industry [4]. - Sunac China and Country Garden have also successfully implemented their debt restructuring plans, with Sunac reducing its overall debt pressure by nearly 60 billion yuan [4]. Group 3: Policy Support - The "white list" financing mechanism has been crucial in supporting the debt restructuring efforts, allowing for a shift from relying on company credit to focusing on project assets [6][7]. - As of January 2026, the loan extension period for qualifying "white list" projects has been increased from 2.5 years to 5 years, providing companies with more financial flexibility [7]. - This policy change is expected to enhance the operational stability of quality private real estate companies, allowing them to diversify their business and mitigate risks [7].

Group 1: Debt Restructuring Progress - In January 2026, several real estate companies, including Vanke, Road King, and Fantasia, reported significant progress in debt restructuring, continuing the trend from 2025 [1][3] - A total of 21 distressed real estate companies completed debt restructuring or received approval for reorganization in 2025, with a total debt relief scale of approximately 1.2 trillion yuan [1][6] - The restructuring efforts are seen as a necessary step to alleviate liquidity crises, with a focus on restoring companies' operational capabilities [6] Group 2: Policy Support and Financing Mechanisms - The "white list" system for real estate financing was optimized in January 2026, extending the loan extension period for eligible projects from a maximum of 2.5 years to 5 years, providing companies with more financial flexibility [1][8] - The "white list" mechanism has been crucial in supporting distressed companies, with over 7 trillion yuan in loan approvals by September 2025, facilitating the construction and delivery of nearly 20 million housing units [7][8] - Analysts suggest that the extended loan terms will benefit financially healthier private real estate companies, allowing them to stabilize operations and diversify their business [9] Group 3: Case Studies of Successful Restructuring - Jin Ke Co., Ltd. completed a judicial reorganization in December 2025, involving a debt scale of 147 billion yuan and covering over 8,400 creditors, marking it as the largest judicial reorganization case in the real estate sector [5] - Sunac China is expected to reduce its overall debt pressure by nearly 60 billion yuan through its restructuring efforts, while Country Garden aims to reduce its offshore debt by approximately 11.7 billion USD, equivalent to about 84 billion yuan [5] Group 4: Market Confidence and Recovery - The debt restructuring process is viewed as a "blood transfusion" to address temporary liquidity issues, while the long-term solution lies in restoring companies' operational capabilities and ensuring project deliveries [6] - The synergy between debt restructuring and project delivery is expected to rebuild market confidence, creating a positive cycle of trust restoration, sales recovery, and capital replenishment [6]

Group 1: Debt Restructuring Progress - In January 2026, several real estate companies, including Vanke, Road King, and Fantasia, reported significant progress in debt restructuring, continuing the trend from 2025 [1][3] - In 2025, 21 distressed real estate companies completed debt restructuring, with a total debt relief of approximately 1.2 trillion yuan [1][6] - The restructuring efforts are seen as a transition from addressing immediate liquidity crises to a more comprehensive resolution of debt risks in the real estate sector [5] Group 2: Policy Support and Financing Mechanisms - The "white list" financing system for real estate projects was optimized in January 2026, extending the loan extension period from 2.5 years to 5 years, providing companies with more financial flexibility [1][8] - The "white list" system has facilitated over 7 trillion yuan in loan approvals by September 2025, supporting nearly 20 million housing units [7] - The recent policy changes are expected to benefit financially healthier private real estate companies, allowing them to stabilize operations and diversify their business [9] Group 3: Specific Company Developments - Vanke announced a bond buyback plan on January 21, 2026, offering to repay 40% of the principal of certain bonds while extending the remaining 60% for one year, which was well-received by bondholders [3][4] - Fantasia's restructuring has entered a critical judicial phase, with the Hong Kong High Court approving a meeting for creditors to discuss the restructuring plan [4] - Jin Ke Co. completed a judicial restructuring in December 2025, involving a debt scale of 147 billion yuan, marking it as the largest case in the real estate sector [5]

Group 1 - The average stock price of A-shares is 14.77 yuan, with 30 stocks priced below 2 yuan, the lowest being *ST Aowei at 0.69 yuan [1] - Among the low-priced stocks, 8 are ST stocks, accounting for 26.67% of the total [1] - The Shanghai Composite Index closed at 4132.61 points on January 26 [1] Group 2 - The top gainers among low-priced stocks include ST Jinglan, Chongqing Steel, and ST Mingcheng, with increases of 5.20%, 1.95%, and 1.17% respectively [1] - The largest declines were seen in *ST Lifang, *ST Aowei, and Yabo shares, with decreases of 12.21%, 5.48%, and 3.23% respectively [1] - The stock with the highest trading volume among low-priced stocks is *ST Lifang, with a turnover rate of 16.76% [1]

按最新收盘价计算，A股均价为14.68元，不足2元的个股共有33只，股价最低的是*ST长药，最新收盘 价为0.64元。 证券时报·数据宝统计显示，截至1月21日收盘，沪指报收4116.94点，A股平均股价为14.68元，从个股股 价分布看，高价股及低价股数量在A股市场总体占比相对较少。 低价股中，股价低于2元的共有33只，最低的是*ST长药，最新收盘价为0.64元，其次是*ST奥维、*ST 立方，最新收盘价分别为0.81元、0.96元。特征来看，股价低于2元个股中，共有8只ST股上榜，占比为 24.24%。 市场表现方面，上述低价股中，今日上涨的有10只，涨幅居前的有*ST长药、*ST立方、*ST金科，分别 上涨20.75%、20.00%、1.37%。下跌的有19只，跌幅居前的有东通退、*ST奥维、永泰能源，跌幅分别 为6.52%、4.71%、1.20%。（数据宝） 低价股排名 | 代码 | 简称 | 最新收盘价（元） | 日涨跌幅（%） | 日换手率（%） | 市净率（倍） | 行业 | | --- | --- | --- | --- | --- | --- | --- | | 300391 | *ST长药 ...

金科地产集团股份有限公司 董事、高管人员薪酬管理制度 （本制度经 2026 年 1 月 8 日第十二届董事会第六次会议审议通过） 第一章 总则 （三）市场匹配原则：薪酬水平参考同行业、同规模、同地区上市公司同 类岗位的市场薪酬行情，结合公司实际经营状况及支付能力合理确定，确保薪 酬激励体系具有市场竞争力，以吸引和留住优秀管理人才。 （四）可持续发展原则：薪酬制定兼顾公司短期经营目标与长期战略发展 需求，平衡股东利益、公司利益与董事、高管人员个人利益，避免因短期激励 过度而损害公司长期可持续发展。 （五）公平性原则：薪酬分配标准明确、公开，同一层级岗位薪酬确定依 据一致，确保董事、高管人员在薪酬分配上享有公平的权利，薪酬管理过程透 明规范。 第一条 为建立健全金科地产集团股份有限公司（以下简称"公司"）董事、 高级管理人员（以下简称"高管人员"）的激励与约束机制，充分调动其工作积 极性与创造性，促进公司持续、健康、稳定发展，保障公司及股东的合法权益， 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理准 则》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指 引第 1 号——主板上 ...

本次组织架构的优化将有利于增强公司风险控制能力，提升战略执行能力和 效果，预计对公司生产经营活动产生积极影响。 金科地产集团股份有限公司 关于优化公司组织架构的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 证券简称：*ST 金科 证券代码：000656 公告编号：2026-002 号 金科地产集团股份有限公司（以下称"公司"）于 2026 年 1 月 8 日召开第 十二届董事会第六次会议，审议通过了《关于优化公司组织架构的议案》，现将 具体情况公告如下： 目前，公司重整计划已执行完毕。根据《公司章程》《重整计划》及有关法 律法规、规范性文件的规定，公司不再设监事会，《中华人民共和国公司法》规 定的监事会职权由董事会审计委员会行使；并对内部组织架构进行了调整和优化， 以进一步提升公司管理水平和运营效率。 据此，在夯实原有管控模式的基础上，结合公司实际情况和未来战略发展规 划，公司新设城市更新事业部、资产管理事业部、开发管理事业部、产商管理事 业部、数字科技事业部等。 本次优化后的公司组织架构图详见附件。 特此公告 金科地产集团股份有限公司 董 事 会 二 ...