Core Viewpoint - The article highlights the significant acquisition by China Resources Land, which has acquired a major asset package in Shanghai through a share transfer, marking a record high for land acquisition in 2023 [1][2]. Group 1: Acquisition Details - China Resources Land, in collaboration with Shanghai Nan Fang Group, acquired the asset package consisting of core district land in Shanghai for a base price of 24.469 billion yuan [1]. - The acquisition is expected to require approximately 22.02 billion yuan from China Resources Land, based on its 90% equity stake [2]. - This transaction not only sets a record for the highest single land acquisition price in 2023 but also exceeds the total starting price of all eight plots in Shanghai's sixth batch [1]. Group 2: Strategic Implications - The acquisition aligns with China Resources Land's long-term development and investment strategy, aimed at enhancing its market share, competitiveness, and brand influence in Shanghai [2]. - Analysts view this move as a strategic counter-cyclical expansion during a period of deep adjustment in the real estate market, allowing the company to secure prime locations for future market recovery [2][3]. - The asset package includes high-quality projects located in core areas of Shanghai, which are expected to have significant market potential due to their advantageous locations [2]. Group 3: Financial Considerations - The substantial investment may exert pressure on China Resources Land's cash flow in the short term, but its strong financial background as a state-owned enterprise is expected to help it manage this pressure [3]. - Despite a decline in sales scale, the company has accelerated its investment pace, acquiring 18 plots with a total floor area of 1.4819 million square meters and an equity consideration of approximately 33.2 billion yuan in the first half of 2025 [3]. - Maintaining competitiveness through active land acquisition is deemed crucial for real estate companies, as new plots typically sell faster than existing inventory [3]. Group 4: Management Changes - In July, China Resources Land initiated a significant management restructuring, shifting to a "headquarters-city company" direct management model to enhance decision-making efficiency and market responsiveness [4]. - The company aims to balance its substantial investment with effective development and address potential market fluctuations as it moves forward with the acquisition [5].

Core Insights - The event "Symphony of Time" marked the global product launch of the Bund Rui Fu, emphasizing the integration of urban development and long-term commitment by China Resources Land [1][10] - The project is strategically located in the "Golden Triangle" of Shanghai, which is pivotal for the city's 2035 planning, combining historical context, financial capability, and capital vitality [1][3] Urban Development and Planning - China Resources Land's approach reflects a respect for historical architecture and a forward-looking vision for urban development, showcasing a balance between preserving public space and maximizing land use [2][5] - The design philosophy prioritizes planning over design, ensuring that the project aligns with human-centric urban living and anticipates future trends [2][10] Architectural Design and Features - The Bund Rui Fu features a unique "radiating" layout that optimizes views, sunlight, and landscape, embodying a harmonious relationship with the urban fabric [2][3] - The project incorporates a "multi-dimensional" design approach, with a focus on high-end living needs, breaking traditional luxury housing paradigms [2][3][10] Community and Lifestyle - The development includes various amenities tailored for elite residents, such as a clubhouse for social functions and spaces for children's play and fitness [7][8] - The residential units are designed to provide equal privacy for all family members, with flexible spaces that can adapt to different needs [7][8] Historical Context and Asset Value - The Bund Rui Fu is positioned in a prime area with limited new residential land, enhancing its asset value as a rare opportunity in the market [3][5] - The project respects historical elements while integrating modern design, creating a dialogue between past and present [3][5][10]

低调许久的华润置地在上海又有了大动作。 8月1日17时23分，"华润置地上海片区"微信公众号更新推文，内容是"华润置地落子浦东后滩和黄浦余 庆里"。 日前，根据上海联合产权交易所此前的挂牌转让信息，该组合地块资产包捆绑总价达到约244.7亿元。 8月1日下午，《每日经济新闻》记者从华润置地上海公司方面了解到，该资产包被华润置地与上海南房 集团联合摘得。 据上海联合产权交易所公布的信息，转让标的包含浦东新区耀华组合地块（上钢社区04-1、07-1宅地， 以下简称耀华组合）和黄浦区余庆里组合地块（以下简称余庆里组合）。 耀华组合由上海城市更新建设发展有限公司于2024～2025年间通过协议出让方式取得，总成交价174.09 亿元，平均楼面价约70162元/平方米。其中的两宗地块均位于浦东新区世博板块耀华片区，在前滩与世 博文化公园之间，区位优势明显，毗邻两处地铁站，与徐汇滨江隔江相望。 新房市场表现方面，不远处的中铁世博云境去年年底开盘，158套均价10万元/平方米房源，认购率达到 291%。 余庆里组合紧邻地铁大世界站，步行可达人民广场，项目包含住宅和商业办公共6宗地块，住宅部分为 低容积率风貌别墅及商业混合用 ...

Group 1 - China Resources Land (01109.HK) announced that on July 17, 2025, its wholly-owned subsidiary Shanghai Hongzhe entered into a joint bidding agreement with independent third party Shanghai Nanfang for the equity and debt of target companies [1] - The target companies include Shanghai Xinjizhou Enterprise Development Co., Ltd., Shanghai Xinjifang Enterprise Development Co., Ltd., Shanghai Xinzili Enterprise Development Co., Ltd., and Shanghai Xinxianfang Enterprise Development Co., Ltd. [1]

Core Viewpoint - China Resources Land (01109) announced a joint bidding agreement between its wholly-owned subsidiary Shanghai Hongzhe and independent third party Shanghai Nanfang for the equity and debt of target companies, indicating a strategic move to enhance its market presence in Shanghai [1] Group 1: Joint Venture and Acquisition Details - The joint venture successfully bid for 100% equity and debt of the target companies, with a total consideration of approximately RMB 24.47 billion, to be paid by Shanghai Hongzhe and Shanghai Nanfang at a ratio of 90% and 10% respectively [1] - The target companies include Shanghai Xinjizhou Enterprise Development Co., Ltd., Shanghai Xinjifang Enterprise Development Co., Ltd., Shanghai Xinzili Enterprise Development Co., Ltd., and Shanghai Xinxianfang Enterprise Development Co., Ltd. [1] Group 2: Strategic Importance of Shanghai - Shanghai is identified as one of China's high-tier cities and a strategic focus for the company, with the acquired projects located in core areas of the city, showcasing significant market potential [1] - The Yao Hua Road project and the Yu Qing Li project are highlighted for their advantageous locations, which are expected to enhance the company's competitive edge and brand presence in Shanghai [1] Group 3: Long-term Development and Investment Strategy - The acquisition aligns with the company's long-term development and investment strategy, aimed at consolidating and enhancing its market share, competitiveness, and brand influence in Shanghai [1] - The board believes that this acquisition will continue to provide investment returns and enhance the company's commercial impact [1]

Core Viewpoint - China Resources Land (01109) announced a joint venture agreement with Shanghai Nanfang to jointly bid for the equity and debt of target companies, with a total consideration of approximately RMB 24.47 billion [1] Group 1: Acquisition Details - The joint venture will acquire 100% equity and debt of four target companies, including Shanghai Xinjizhou Enterprise Development Co., Ltd. and others [1] - The payment will be made by Shanghai Hongzhe and Shanghai Nanfang in a ratio of 90% and 10%, respectively [1] - The acquisition will be conducted in a bundled manner [1] Group 2: Strategic Importance - Shanghai is identified as a strategic key city for the company, enhancing its market presence [1] - The projects involved, Yaohua Road and Yuqingli, are located in core areas of Shanghai, indicating significant market potential [1] - The Yuqingli project's commercial area is situated near landmark buildings, offering great potential for developing a unique commercial district [1] Group 3: Long-term Strategy - The acquisition aligns with the company's long-term development and investment strategy [1] - It aims to strengthen and enhance the company's market share, competitiveness, and brand in Shanghai [1] - The deal is expected to provide ongoing investment returns and increase the company's commercial influence [1]

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。 （於開曼群島註冊成立的有限公司） （股份代號：1109） 須予披露交易 收購目標公司 股權及債權 緒言 於二零二五年七月十七日，本公司全資附屬公司上海泓喆與獨立第三方上海南房 就共同競投目標公司股權及債權訂立聯合體協議。 董事會欣然宣佈，上海泓喆與上海南房成立的聯合體成功競投已於上海聯交所公 開掛牌轉讓的目標公司100 %股權及債權，總代價約為人民幣24,469.99百萬元（ 相 當於約26,890.10百萬港元 ），將由上海泓喆及上海南房分別按90 %及10 %比例共同 支付。目標公司股權及債權將以捆綁方式收購。 聯合體已就收購事項取得競價結果通知，並於二零二五年八月一日與賣方就第二 收購事項、第三收購事項及第四收購事項訂立產權交易合同。第一收購事項的產 權交易合同預期將於二零二五年九月或之前與賣方訂立。收購完成後，上海泓喆 及上海南房 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 華潤置地有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01109 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 8,000,000,000 | HKD | | 0.1 | HKD | | 800,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 8,000,000,000 | HKD | | 0.1 | HKD | | 800,000,000 | 本月底法定/註冊股本總額： HKD 800,000,000 第 ...

Group 1: Real Estate Development - Beijing has released a list of five plots of land for residential development, covering approximately 13 hectares and a building scale of about 240,000 square meters, which will be supplied in the near future [1] - China Resources Land is transferring 1% equity of Hubei Urban Renewal Group with a base price of 1 yuan, the group has a registered capital of 2.525 billion yuan and is primarily engaged in real estate development [2] - Yunnan City Investment announced the resignation of its chairman, Kong Weiran, who will no longer hold any position within the company or its subsidiaries [3] Group 2: Financial Activities - Vanke A has approved a loan of up to 869 million yuan from Shenzhen Metro Group, with related directors abstaining from the vote [4] - Jianfa Real Estate announced that its publicly issued corporate bonds (second phase) amounting to 500 million yuan will be redeemed and delisted on August 8, 2025, with a current balance of 70 million yuan and a coupon rate of 3.5% [5]

【1】北京发布2025年第六轮拟供商品住宅用地清单 7月30日，北京市规划和自然资源委员会发布了2025年第六轮拟供应商品住宅用地清单，共涉及5宗地， 土地面积约13公顷，建筑规模约24万平方米，上述用地拟于近期供应。 7月30日，云南城投发布公告称，公司董事会于近日收到孔薇然提交的书面辞职报告。孔薇然因工作调 整，申请辞去公司董事长（法定代表人）、董事及董事会下设各专门委员会委员等职务，辞职后将不再 担任公司任何职务。截至本公告披露日，孔薇然未持有公司股票。 此外，孔薇然不再在云南城投及其控股子公司任职，且不存在未履行完毕的公开承诺。 【4】万科A：深铁集团向公司提供不超过8.69亿元借款 7月30日，万科A发布公告称，公司第二十届董事会第二十次会议审议通过关于深铁集团向公司提供不 超过8.69亿元借款的议案。关联董事辛杰、黄力平和雷江松回避表决，其他董事均投赞成票。该议案无 需提交股东大会审议。 【5】建发房产5亿元公司债券8月8日兑付及摘牌 从区域分布来看，中心城区4宗（朝阳区、海淀区各2宗）、生态涵养区1宗（门头沟区），分别为朝阳 区太阳宫新区D区CY00—0215—0627地块；朝阳区呼家楼南里CY ...