Core Viewpoint - The recent announcement by China Merchants Jinling (招商积余) regarding the transfer of 60% equity in its subsidiary Hengyang Zhonghang marks a significant step in resolving its real estate development projects, fulfilling commitments made during its 2019 restructuring and allowing the company to focus on its core property management business [1][2]. Group 1: Equity Transfer and Strategic Focus - The company plans to publicly transfer 60% of Hengyang Zhonghang's equity, which will resolve lingering issues from its 2019 restructuring and fulfill its commitment to dispose of existing real estate projects [2]. - This transaction is expected to alleviate competition issues with its major shareholder, China Merchants Shekou, and optimize the company's asset structure, despite incurring a one-time accounting loss [2]. Group 2: Financial Performance and Growth - In the first three quarters of 2025, the company reported a revenue of 13.942 billion yuan, a year-on-year increase of 14.65%, and a net profit of 686 million yuan, up 10.71% [3]. - The company manages 2,410 property projects with a total management area of 36.7 million square meters, and 92% of its new annual contract value of 3.023 billion yuan comes from market expansion, indicating strong organic growth [3]. Group 3: Technological Advancements - The company has made significant strides in the "AI + Property" sector, showcasing its "Robot Army" smart service matrix at the 2025 Shenzhen International Property Expo, which enhances efficiency in cleaning, inspection, security, and delivery [3][4]. - Projects like Foshan Yiyun Xicheng and Shenzhen China Merchants Xijia Garden have been recognized for their innovative digital management practices, contributing to improved management efficiency and user experience [4].

Group 1 - The core viewpoint of the news is that招商积余 (SZ 001914) held its 42nd meeting of the 10th Board of Directors on November 11, 2025, to discuss the nomination of candidates for the 11th Board of Directors [1] - For the first half of 2025, the revenue composition of招商积余 was 96.64% from property management and 3.36% from asset management [1] - As of the time of reporting,招商积余 had a market capitalization of 12.7 billion yuan [2]

Core Viewpoint - The company plans to sell its 60% stake in Hunan Zhonghang Real Estate Co., Ltd. to optimize historical assets and fulfill commitments related to the disposal of existing real estate development projects [1][2] Group 1: Company Actions - The company holds a 60% stake in Hunan Zhonghang, established on October 30, 2007, with Hunan Baisha Investment holding the remaining 40% [1] - The company intends to set a minimum listing price of 1,675,649.92 yuan for the stake, based on the valuation results from an authorized asset appraisal agency [1] - The buyer will be responsible for not only the purchase price but also for settling Hunan Zhonghang's debts in accordance with regulatory requirements [1] Group 2: Transaction Details - Hunan Baisha Investment's controlling shareholder, Hunan High-tech Holding Group Co., Ltd., intends to designate its affiliate, Hunan High-tech Investment Real Estate Co., Ltd., to participate in the bidding for the stake [2] - The final buyer and transaction price will be determined based on the results of the public listing at the property exchange, with uncertainties regarding the completion of the transaction [2] - If the stake transfer is completed, the company will no longer hold shares in Hunan Zhonghang, and the latter will be excluded from the company's consolidated financial statements [2]

Core Viewpoint - The company plans to sell a 60% stake in its subsidiary Hengyang Zhonghang Real Estate Co., Ltd. for a base price of 1.6756 million yuan, which will lead to a significant reduction in net profit for 2025 [1] Group 1 - The company will no longer hold any equity in Hengyang Zhonghang if the transaction is completed successfully [1] - The sale is part of the company's commitment to dispose of existing real estate development projects [1] - The expected one-time reduction in the company's net profit attributable to shareholders is approximately 264 million yuan [1]

Core Viewpoint - The company plans to sell its 60% stake in Hengyang Zhonghang Real Estate Co., Ltd. through a public listing at a minimum price of 1.6756 million yuan, with the possibility of adjusting the price based on a higher valuation approved by the relevant state-owned asset management authority [1] Group 1 - The company will no longer hold any equity in Hengyang Zhonghang if the stake transfer is completed [1] - Hengyang Zhonghang will be excluded from the company's consolidated financial statements following the sale [1]

Core Viewpoint - The company plans to sell a 60% stake in Hengyang Zhonghang Real Estate Co., Ltd. at a minimum price of 1.6756 million yuan through a public listing on the Beijing Property Exchange [1] Group 1: Transaction Details - The sale will be based on the equity valuation results provided by an appraisal agency, with the minimum listing price set at 1.6756 million yuan [1] - If the assessed value of the 60% stake in Hengyang Zhonghang exceeds 1.6756 million yuan, the listing price will be adjusted to match the assessed value [1] - Upon completion of the stake transfer, the company will no longer hold any equity in Hengyang Zhonghang, and the latter will be excluded from the company's consolidated financial statements [1]

招商局积余产业运营服务股份有限公司 独立董事候选人声明与承诺 声明人邹平学作为招商局积余产业运营服务股份有限公司第十一届董事会 独立董事候选人，已充分了解并同意由提名人招商局积余产业运营服务股份有限 公司董事会提名为招商局积余产业运营服务股份有限公司（以下简称"该公司"） 第十一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、本人已经通过招商局积余产业运营服务股份有限公司第十届董事会提名 和薪酬委员会资格审查，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 证券代码：001914 证券简称：招商积余 公告编号：2025-68 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 四、本人符合该公司章程规定的独立董事任职条件。 是 □ 否 五、本人已经参加培训并取得证券交易所认可的相关培训证明材料（如有）。 是 □ 否 六、本人 ...

衡阳中航地产有限公司（以下简称"衡阳中航"）为招商局积余产业运营服 务股份有限公司（以下简称"公司"）的控股子公司，成立于 2007 年 10 月 30 日，公司持股 60%，衡阳白沙洲开发建设投资有限公司（以下简称"衡阳白沙投"） 持股 40%。为盘活历史沉淀资产，落实存量房地产开发项目处置相关承诺，公司 拟以评估机构出具的股权评估结果（以经有权国资管理单位备案的结果为准）为 依据，以 1,675,649.92 元作为挂牌底价，在北京产权交易所通过公开挂牌方式出 售公司所持衡阳中航 60%股权，受让方除需支付股权转让对价外，还需以符合监 管要求的支付方式承担清偿衡阳中航债务的义务。若以经有权国资管理单位备案 的评估结果计算的衡阳中航 60%股权评估值高于 1,675,649.92 元，则挂牌底价为 以经有权国资管理单位备案的评估结果计算的衡阳中航 60%股权评估值。 衡阳白沙投控股股东衡阳高新控股集团有限公司有意指定其关联方衡阳高 新投置业有限公司参与衡阳中航股权挂牌转让交易的竞买。本次股权转让交易的 最终交易对手和交易价格将以产权交易所挂牌结果为准，且交易最终能否顺利完 成尚存在不确定性。若本次股权转让完 ...

证券代码：001914 证券简称：招商积余 公告编号：2025-69 招商局积余产业运营服务股份有限公司 独立董事候选人声明与承诺 声明人宋静娴作为招商局积余产业运营服务股份有限公司第十一届董事会 独立董事候选人，已充分了解并同意由提名人招商局积余产业运营服务股份有限 公司董事会提名为招商局积余产业运营服务股份有限公司（以下简称"该公司"） 第十一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、本人已经通过招商局积余产业运营服务股份有限公司第十届董事会提名 和薪酬委员会资格审查，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 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 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 七、本人担任独立董事不会违反中共中央纪委《关于规范中 ...

证券代码：001914 证券简称：招商积余 公告编号：2025-64 招商局积余产业运营服务股份有限公司 关于控股子公司债权债务核定的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、债权债务核定事项概述 （一）事项概述 为盘活历史沉淀资产，落实存量房地产开发项目处置相关承诺，招商局积余 产业运营服务股份有限公司（以下简称"公司"）拟在北京市产权交易所挂牌出 售所持衡阳中航地产有限公司（以下简称"衡阳中航"）60%股权，受让方除需 支付股权转让对价外，还需以符合监管要求的支付方式承担清偿衡阳中航应付公 司的股东借款及对应利息的义务。 为厘清衡阳中航债权债务，董事会同意就衡阳中航代建代垫政府项目款项结 算逾期利息、衡阳中航股东借款利息进行债权债务核定，具体如下： （1）根据衡阳中航与原白沙洲工业园区管委会（现衡阳高新技术产业开发 区管理委员会，以下简称"衡阳管委会"）于 2008 年 12 月 18 日签署的《关于 中航科技工业园及部分基础设施建设的协议》，衡阳中航自 2009 年至 2019 年期 间为衡阳管委会代垫代建衡阳白沙洲工业园区项目，截至 202 ...