TABLE OF CONTENTS Exhibit 99.1 KE Holdings Inc. Supplemental and Updated Disclosures KE Holdings Inc. (the "Company" or "we") has filed an application (the "Listing Application") with The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") in connection with a proposed dual primary listing (the "Listing") of its Class A ordinary shares on the Main Board of the Hong Kong Stock Exchange by way of introduction. The Listing Application contains supplemental and updated descriptions of certain a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...

KE Holdings Inc. (NYSE:BEKE) Q4 2021 Earnings Conference Call March 9, 2022 8:00 PM ET Company Participants Matthew Zhao - Directions, IR Stanley Peng - Co–Founder, Chairman and CEO Tao Xu - Executive Director and CFO Conference Call Participants Piyush Mubayi - Goldman Sachs Ashley Xu - Credit Suisse Thomas Chong - Jefferies Operator Hello ladies and gentlemen. Thank you for standing by for KE Holdings Incorporation's Fourth Quarter and Fiscal Year 2021 Earnings Conference Call. At this time all participan ...

Exhibit 99.1 KE Holdings Inc. Announces Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results BEIJING, China, March 9, 2022 - KE Holdings Inc. ("Beike" or the "Company") (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. Business and Financial Highlights for the Fourth Quarter and the Fiscal Year 2021 • Gross transaction value (GTV) in 2 ...

Financial Performance - Gross transaction value (GTV) for Q3 2021 was RMB830.7 billion (US$128.9 billion), a decrease of 20.9% year-over-year[2] - Net revenues decreased by 11.9% to RMB18.1 billion (US$2.8 billion) in Q3 2021 from RMB20.5 billion in Q3 2020[12] - Net loss was RMB1,766 million (US$274 million), with an adjusted net loss of RMB888 million (US$138 million)[2] - Net revenues from existing home transaction services were RMB6.1 billion (US$0.9 billion), a decrease from RMB8.8 billion in Q3 2020[12] - Net revenues from new home transaction services increased by 2.5% to RMB11.3 billion (US$1.8 billion) in Q3 2021[15] - Total net revenues for the three months ended September 30, 2021, were RMB 18,096,140, a decrease of 12% compared to RMB 20,548,915 for the same period in 2020[58] - Existing home transaction services generated RMB 6,138,020 in revenue for the three months ended September 30, 2021, down 30% from RMB 8,849,706 in the same period of 2020[58] - New home transaction services revenue increased to RMB 11,348,472 for the three months ended September 30, 2021, up 2.5% from RMB 11,074,424 in the same period of 2020[58] - The overall net revenues for the nine months ended September 30, 2021, reached RMB 25,962,650, compared to RMB 21,404,907 for the same period in 2020, reflecting a growth of about 21.3%[75] Loss and Adjusted Metrics - Loss from operations was RMB2,300 million (US$357 million) in Q3 2021, compared to RMB81 million in Q3 2020[24] - Adjusted loss from operations was RMB1,435 million (US$223 million) in Q3 2021, compared to adjusted income from operations of RMB1,740 million in Q3 2020, resulting in an adjusted operating margin of negative 7.9%[26] - Net loss was RMB1,766 million (US$274 million) in Q3 2021, compared to net income of RMB75 million in Q3 2020[27] - Adjusted net loss attributable to KE Holdings Inc. was RMB887 million (US$138 million) in Q3 2021, compared to adjusted net income of RMB1,857 million in Q3 2020[28] - Diluted net loss per ADS attributable to KE Holdings Inc. was RMB1.50 (US$0.23) in Q3 2021, compared to RMB0.33 in Q3 2020[31] - Adjusted EBITDA was negative RMB550 million (US$85 million) in Q3 2021, compared to RMB2,248 million in Q3 2020[26] - The company reported a total comprehensive loss of RMB 1,652,458 for the three months ended September 30, 2021, compared to a comprehensive income of RMB 669,704 in the same period of 2020[58] - Net income for the three months ended September 30, 2021, was a loss of RMB 1,765,875, compared to a profit of RMB 75,341 for the same period in 2020[65] User and Agent Metrics - Number of active agents increased by 13.1% year-over-year to 468,014 as of September 30, 2021[6] - Mobile monthly active users (MAU) averaged 46.1 million, down from 47.9 million in the same period of 2020[6] Cash and Assets - As of September 30, 2021, the combined balance of cash, cash equivalents, restricted cash, and short-term investments amounted to RMB52.7 billion (US$8.2 billion)[32] - Total current assets decreased from RMB 87,539,101 as of December 31, 2020 to RMB 70,311,349 as of September 30, 2021, a decline of approximately 19.7%[51] - Total non-current assets increased significantly from RMB 16,756,435 as of December 31, 2020 to RMB 31,829,725 as of September 30, 2021, an increase of approximately 89.9%[51] - Total liabilities decreased from RMB 37,503,020 as of December 31, 2020 to RMB 33,985,421 as of September 30, 2021, a reduction of approximately 9.5%[53] - KE Holdings Inc. shareholders' equity increased from RMB 66,765,447 as of December 31, 2020 to RMB 68,102,505 as of September 30, 2021, an increase of approximately 2.0%[55] - Cash and cash equivalents decreased from RMB 40,969,979 as of December 31, 2020 to RMB 21,780,230 as of September 30, 2021, a decline of approximately 46.9%[51] - Accounts receivable decreased from RMB 13,183,559 as of December 31, 2020 to RMB 10,516,025 as of September 30, 2021, a decrease of approximately 20.2%[51] - Total assets decreased from RMB 104,295,536 as of December 31, 2020 to RMB 102,141,074 as of September 30, 2021, a decrease of approximately 2.1%[54] Operational Expenses - Operating expenses for the three months ended September 30, 2021, totaled RMB 5,054,455, an increase of 13% compared to RMB 4,464,246 for the same period in 2020[58] - Research and development expenses for the three months ended September 30, 2021, were RMB 1,042,906, an increase from RMB 789,089 in the same period of 2020[62] - Share-based compensation expenses for the three months ended September 30, 2021, were RMB 349,599, compared to RMB 1,668,195 in the same period of 2020[65] Future Outlook and Strategy - For Q4 2021, the company expects total net revenues to be between RMB14.5 billion (US$2.3 billion) and RMB15.5 billion (US$2.4 billion), representing a decrease of approximately 31.6% to 36.0% from the same quarter of 2020[33] - The company plans to enhance service quality and technological empowerment to adapt to new regulatory measures in the real estate market[11] - The company is focusing on expanding its market presence and enhancing its service offerings to drive future growth[75] - The financial performance indicates a need for strategic adjustments in the existing home transaction services segment to improve profitability[75]

KE Holdings Inc. (NYSE:BEKE) Q3 2021 Earnings Conference Call November 8, 2021 8:00 PM ET Company Participants Matthew Zhao – Directions-Investor Relations Stanley Yongdong Peng – Co–Founder, Chairman and Chief Executive Tao Xu – Executive Director and Chief Financial Officer Conference Call Participants Liping Zhao – CICC Miranda Zhuang – Bank of America John Lam – UBS [Transcript provided to Seeking Alpha by the company] Operator Hello, ladies and gentlemen. Thank you for standing by for KE Holdings Incor ...

KE Holdings Inc. (NYSE:BEKE) Q2 2021 Earnings Conference Call August 11, 2021 9:00 PM ET Company Participants Matthew Zhao - Director Investor Relations Peng Yongdong - Co Founder and Chief Executive Officer Tao Xu - Executive Director and Chief Financial Officer Conference Call Participants Liping Zhao - CICC Piyush Mubayi - Goldman Sachs Steven Tsai - Morgan Stanley Ashley Xu - Credit Suisse (Transcript provided to Seeking Alpha by the company.) Operator Hello, ladies and gentlemen, thank you for standing ...

KE Holdings Inc. (NYSE:BEKE) Q1 2021 Earnings Conference Call May 19, 2021 9:00 PM ET Company Participants Matthew Zhao - Director Investor Relations Stanley Yongdong Peng - Co-Founder & Chief Executive Officer Tao Xu - Chief Financial Officer Conference Call Participants Elsie Cheng - Goldman Sachs Thomas Chong - Jefferies Liping Zhao - CICC Binbin Ding - JPMorgan Operator Hello, ladies and gentlemen, thank you for standing by for KE Holdings Incorporated’s First Quarter 2021 Earnings Conference Call. At t ...

KE Holdings Inc. (NYSE:BEKE) Q4 2020 Earnings Conference Call March 15, 2021 9:00 PM ET Company Participants Matthew Zhao - Director Investor Relations Stanley Peng - Co-Founder & Chief Executive Officer Xu Tao - Chief Financial Officer Conference Call Participants Elsie Cheng - Goldman Sachs Binbin Ding - J.P. Morgan Steven Tsai - Morgan Stanley John Lam - UBS Thomas Chong - Jefferies Operator Hello, ladies and gentlemen, thank you for standing by for KE Holdings Inc.'s Fourth Quarter and Fiscal Year 2020 ...