FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年6月5日 | 1). | 購回股份(或其他證券)但沒有註銷 | 438,801 % USD 6.8368 | | | --- | --- | --- | --- | | | 變動日期 | | 2025年5月1日 | | 2). | 購回股份(或其他證券)但沒有註銷 | 431,187 % USD 6.9575 | | | | 變動日期 | | 2025年5月2日 | | 3). | 購回股份(或其他證券)但沒有註銷 | 434,871 % USD 6.8986 | | | | 變動日期 | | 2025年5月5日 | | 4). | 購回股份(或其他證券)但沒有註銷 | 436,089 % USD 6.8793 | | | | 變動日期 | | 2025年5月6日 | | 5). | 購回股份(或其他證券)但沒有註銷 | 454,200 % USD 6.605 | | | | 變動日期 | | 2025年5月7日 | ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年6月4日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | | 事件 | 已發行股份 ...

Core Viewpoint - The launch of the "New Employment Group" service station in Guangzhou marks a significant step in providing support and community engagement for new employment groups, enhancing their sense of belonging and well-being [1][3]. Group 1: Service Station Launch - The "New Employment Group" service station, named "Yancheng Red Station," was inaugurated at the Guangzhou Lianjia Yahuju branch, officially activating 208 stores across the city to serve new employment groups [1][3]. - The initiative aims to provide daily care, participation in party-building activities, and community volunteer services for new employment groups, enhancing their sense of gain and belonging [1][3]. Group 2: Project Overview - The project is organized by various local government departments and is supported by Beike and Lianjia, aiming to create a social welfare brand for new employment groups [3][4]. - Beike plans to establish 1,500 to 2,000 service stations nationwide this year, covering major cities such as Beijing, Shanghai, Guangzhou, Shenzhen, and Chengdu [3][4]. Group 3: Community Engagement - The service station provides comprehensive basic care, including facilities like sofas, bookshelves, microwaves, and emergency supplies, catering to the needs of new employment groups [8][12]. - It features a dedicated area for party-building activities, offering resources for community service and encouraging participation from new employment groups [12][13]. Group 4: Social Responsibility - Beike's initiative reflects its commitment to social responsibility, transforming commercial spaces into multifunctional areas that serve both business and community needs [3][4]. - The project aims to foster a harmonious community environment by encouraging new employment groups to engage in grassroots governance and community service activities [12][13].

Group 1 - The core viewpoint of the article highlights Beike's financial performance, showing a revenue increase but a decline in net profit [1][2] - As of June 3, Beike's stock price rose by 2.14% to $18.385 per share, with a total market capitalization of $22.075 billion [1] - For the fiscal year ending December 31, 2024, Beike's total revenue is projected to be 93.457 billion RMB, representing a year-on-year growth of 20.16%, while the net profit attributable to shareholders is expected to be 4.065 billion RMB, reflecting a year-on-year decrease of 30.91% [1] Group 2 - Beike Holdings Limited is recognized as a leading integrated online and offline real estate transaction and service platform in China [2] - The company has established platform infrastructure and standards, aiming to reshape service operation models for more efficient consumer services in second-hand and new housing transactions, rentals, home decoration, and other real estate services [2] - Beike operates the well-known real estate brokerage brand, Lianjia, which is a significant part of the Beike platform and has over 23 years of operational experience since its establishment in 2001 [2]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存(註1) | 2025年5月30日 | | 3,458,896,856 | | | 0 | 3,458,896,856 | | 1). 其他 (請註明) | | | | % | | | | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 股東週年大會延期 茲提述貝殼控股有限公司（「本公司」）日期均為2025年4月17日的股東週年大會通 告（「股東週年大會通告」）及通函（「股東週年大會通函」），內容有關（其中包括） 本公司應屆股東週年大會（「股東週年大會」）的日期及擬於股東週年大會上審議及 批准的決議案詳情。除本公告另有界定者外，本公告所用詞彙與股東週年大會通 告及股東週年大會通函所界定者具有相同涵義。 股東週年大會延期 因統籌相關工作安排需要，結合本公司的實際情況，本公司董事會（「董事會」）經 審慎考慮後，決議將原定於北京時間2025年6月13日（星期五）上午十時正舉行的 股東週年大會延期至北京時間2025年6月27日（星期五）上午十時正舉行。股東週 年大會的地點維持不變，為中國北京市海淀區創業路2號東方電子科技大廈。 KE Holdings Inc. 貝殼控股有限公司 （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號： ...

Summary of the Conference Call on China Real Estate Equities Industry Overview - The focus is on the **China property sector**, which is experiencing a resurgence in interest from both onshore and offshore insurance funds, indicating a shift in investor sentiment towards the sector [2][8]. Key Insights 1. **Investor Sentiment**: There is a notable increase in interest from large insurance funds that were previously inactive in the market. Investors are now seeking external validation for their positive views on the sector, which presents an opportunity for capitalizing on the expected structural market recovery [2][8]. 2. **Market Expectations**: Housing sales have shown a slight decline in April due to rising trade tensions, but May sales are described as respectable. Investors have adjusted their expectations for lower sales, which could lead to upside surprises as policy expectations are gradually rebuilt ahead of the July politburo meeting [3]. 3. **Next Opportunities**: The market is preparing for a potential resurgence in sales around July, with expectations of positive data points from the pre-sale season in June. This period is seen as a strategic window for investors to build positions [4]. 4. **Stock Recommendations**: Key stock picks include **CRL**, **China Jinmao**, **C&D**, and **Beike**. Among these, **C&D International** is highlighted as a particularly interesting and under-researched state-owned enterprise (SOE) with a strong growth outlook due to proactive landbanking [5][8]. Financial Metrics and Valuations - **C&D International**: Current price at HKD 13.54 with a target price of HKD 21.20, indicating a potential upside of 56.6%. The company is benefiting from a favorable market in Xiamen, with a 17% landbank exposure [5][19]. - **CR Land**: Current price at HKD 25.25 with a target price of HKD 36.30, suggesting a 43.8% upside. The valuation reflects strong sales momentum and recurrent income [19]. - **China Jinmao**: Current price at HKD 1.03 with a target price of HKD 1.60, indicating a 55.3% upside, supported by an ambitious sales target for 2025 [19]. Risks and Challenges - Key risks identified include the inability to maintain sales momentum, lower-than-expected margins, and uncertainties related to macroeconomic and property-specific policies [19]. Additional Insights - The report emphasizes the importance of upcoming policy support to stabilize the housing market and the potential for increased investment relevance in the sector as investor sentiment shifts [2][8]. - The strategic positioning of investors for potential upside surprises is a critical theme, highlighting the dynamic nature of the current market environment [3][4]. This summary encapsulates the essential points discussed in the conference call regarding the China real estate sector, focusing on investor sentiment, market expectations, stock recommendations, financial metrics, and associated risks.

Core Insights - The article presents the market capitalization rankings of the top 50 Chinese technology and internet companies as of June 2, 2025, highlighting significant players in the industry [1]. Group 1: Top Companies by Market Capitalization - Alibaba leads the list with a market capitalization of $2716.22 billion [3]. - Xiaomi Group follows with a market cap of $1655.8 billion [3]. - Pinduoduo ranks third with a market capitalization of $1370.1 billion [3]. - Meituan is in fourth place with a market cap of $1027.51 billion [3]. Group 2: Additional Notable Companies - JD.com has a market capitalization of $467.19 billion, placing it in the top ten [4]. - Semiconductor Manufacturing International Corporation (SMIC) has a market cap of $400.66 billion [4]. - Baidu's market capitalization stands at $281.55 billion [4]. - Kuaishou has a market cap of $279.05 billion [4]. Group 3: Companies Ranking 25 to 50 - Vipshop has a market capitalization of $71 billion, ranking 25th [5]. - Kingsoft's market cap is $56.87 billion, placing it at 31st [5]. - Perfect World has a market cap of $36.22 billion, ranking 50th [6].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年6月2日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年5月30日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | ...