智通财经APP讯，碧桂园服务(06098)公布，2025年12月31日耗资1205.7万港元回购200万股股份。 ...

Core Viewpoint - CIFI Holdings has successfully completed its offshore debt restructuring, becoming one of the first private real estate companies to achieve overall debt restructuring, following similar actions by major players like Country Garden and Sunac [1][7]. Group 1: Debt Restructuring - CIFI's offshore debt restructuring involves a total principal and interest amount of approximately $8.1 billion (about 56.7 billion RMB), with an expected debt reduction of about 38 billion RMB, achieving a debt reduction ratio of 67% [1]. - The domestic debt restructuring involves 7 public market bonds totaling 10.06 billion RMB, with an expected debt reduction of over 5 billion RMB, providing a critical window for business recovery and operational improvement as no principal or interest payments are required for the next two years [1][2]. - CIFI's total interest-bearing debt is projected to decrease from 84.2 billion RMB in mid-2025 to around 50 billion RMB, with the debt structure shifting from "short-term high interest" to "long-term low interest," significantly lowering financial costs [2][8]. Group 2: Strategic Transformation - CIFI is transitioning from a "high leverage, high debt, high turnover" model to a "light asset, low debt, high quality" approach, focusing on three core areas: rental income, self-operated development, and real estate asset management [4]. - The company has implemented a detailed "five-step" strategic plan to restore its capital market credibility, expand light asset operations, and switch its profit model, ultimately aiming to restart shareholder returns [4]. - CIFI's development activities have contracted this year, prioritizing sales over land acquisition and streamlining its organizational structure to focus on five key regions [4]. Group 3: Market Context - The overall debt restructuring progress among private real estate companies has been significant, with many firms reducing debt pressure through restructuring methods [7]. - CIFI's debt reduction ratios are comparable to those of other major firms, with its offshore debt reduction ratio at 67%, while Sunac achieved a 100% reduction through full debt-to-equity swaps [7][8]. - The industry is shifting towards light asset operations, with many companies exploring new market opportunities and focusing on asset management and property operations as viable paths for recovery [9].

Group 1 - The company, Country Garden (02007), announced that the effective date of its restructuring plan is set for December 30, 2025 [1][6] - The proposed restructuring involves the cancellation of existing debts and the release of all current debt obligations in exchange for the issuance of plan consideration equity to the plan creditors on the effective date [1][6] - On the effective date, the company has issued cash payments and instruments as part of the plan consideration equity, which are being distributed to relevant plan creditors according to the terms of the plan [1][6] Group 2 - The company's shares have been issued to pay applicable restructuring support agreement consent fees, which are being distributed to eligible creditors who qualify under the terms of the restructuring support agreement [1][6] - Additionally, on the effective date, the company issued mandatory convertible bonds to Chuangxing Bank Limited as part of its bilateral arrangement regarding loans from Chuangxing Bank, which are also being distributed to Chuangxing Bank Limited [1][6]

智通财经APP讯，碧桂园(02007)发布公告，重组生效日期已于2025年12月30日落实。 本公司股份已就支付适用重组支持协议同意费用获发行，且正获分派予根据重组支持协议的条款符合资 格收取重组支持协议同意费用的各合资格债权人。为求完整，于重组生效日期，本公司亦已向创兴银行 有限公司发行强制性可转换债券，作为其就创兴银行贷款的双边安排的一部分，且正分派予创兴银行有 限公司。 建议重组广泛涉及取消现有债务及解除所有现有债务责任人，以换取于重组生效日期根据该计划向计划 债权人发行计划代价权益。于重组生效日期，本公司已发放下列现金付款及工具，以作为计划代价权益 的一部分，且正根据该计划的条款分派予相关计划债权人。 ...

FF305 表格類別： 股票 狀態： 新提交 公司名稱： 碧桂園控股有限公司 (「公司」，於開曼群島註冊成立之有限公司) 呈交日期： 2025年12月31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 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) 02007 | 說明 普通股 | | | | | | | | 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 | | | 已發行股份總數 | | 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 ...

COUNTRY GARDEN HOLDINGS COMPANY LIMITED 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份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。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。本公告並非亦不構成在美國或在根 據其證券法進行登記或取得資格前要約購買或出售任何證券或招攬購買或出售任何證券的要約或銷售任何 證券即屬違法的任何其他司法權區進行該等要約或招攬的任何部份。本公告所述的證券並未亦不會根據 1933年美國證券法登記，在未經登記或獲豁免登記的情況下不得在美國境內發售、出售或以其他方式轉讓。 在美國公開發售的任何證券均將透過售股章程進行，售股章程可從本公司獲得，其中包含有關本公司及管理 層的詳細資料以及財務報表。本公司無意在美國登記本公告所述任何發售的任何部份。 碧桂園控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2007） 境外債務重組的最新資料 重組生效日期落實的通知 本公告乃由碧桂園控股有限公司（「本公司」，連同其附屬 ...

Summary of Key Points Core Viewpoint - Country Garden Services has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent fluctuations [2][3]. Group 1: Share Repurchase Activity - On December 30, the company repurchased 1.043 million shares at a price range of HKD 6.050 to HKD 6.090, totaling HKD 6.34 million [2]. - The stock closed at HKD 6.090 on the same day, reflecting a 1.67% increase, with a total trading volume of HKD 53.90 million [2]. - Since December 24, the company has conducted share repurchases for three consecutive days, acquiring a total of 4.115 million shares for a cumulative amount of HKD 24.97 million, during which the stock price fell by 1.14% [2]. Group 2: Year-to-Date Repurchase Summary - Year-to-date, the company has executed 67 share repurchase transactions, acquiring a total of 61.872 million shares for a total expenditure of HKD 390 million [3]. - The detailed repurchase data shows varying amounts and prices, with the highest repurchase price recorded at HKD 6.450 and the lowest at HKD 5.950 during the recent transactions [3][4].

格隆汇12月30日丨碧桂园服务(06098.HK)发布公告，2025年12月30日耗资634.01万港元回购104.3万股， 回购价格每股6.05-6.09港元。 ...

碧桂园服务(06098)发布公告，于2025年12月30日斥资634.01万港元回购104.3万股。 ...

Core Viewpoint - The restructuring of debts by major real estate companies in China is showing significant progress, with several firms completing both domestic and international debt restructuring, leading to a substantial reduction in total debt and alleviating repayment pressures for the coming years [2][4]. Group 1: Debt Restructuring Progress - Country Garden announced December 30, 2025, as the effective date for its restructuring, while CIFI Holdings and Sunac also confirmed the completion of their debt restructuring processes [2]. - The first batch of three private real estate companies has successfully completed their domestic and international debt restructuring, significantly reducing their total debt and saving on interest expenses [2][4]. - Jin Ke Co., Ltd. completed judicial reorganization involving 147 billion yuan in debt and over 8,400 creditors, marking it as the first large listed real estate company to resolve debt risks through judicial reorganization [2]. Group 2: Changes in Debt Restructuring Models - The debt restructuring model has shifted from "extension strategies" to "deep restructuring," focusing on substantial debt reduction to address systemic debt issues [3]. - Current typical methods for debt restructuring include debt-to-equity swaps, asset offsets, and long-term extensions, with debt reduction ratios ranging from 40% to 70% [3]. Group 3: Financial Metrics Post-Restructuring - As of mid-2025, the total interest-bearing liabilities for Country Garden, Sunac, and CIFI Holdings are approximately 298.3 billion yuan, 254.8 billion yuan, and 84.2 billion yuan, respectively [4]. - The debt restructuring scales for these companies represent 47%, 33%, and 78% of their total interest-bearing liabilities, with debt reduction ratios of 66%, 100%, and 67% for their international debt [4]. - The estimated total debt reduction from the restructuring efforts is around 90 billion yuan for Country Garden, 76 billion yuan for Sunac, and 43 billion yuan for CIFI Holdings [4]. Group 4: Future Outlook and Industry Context - Approximately 21 distressed real estate companies have achieved debt restructuring this year, with a total debt reduction scale of about 1.2 trillion yuan, significantly easing short-term repayment pressures [4]. - The industry is expected to continue facing challenges, with a focus on risk management and transformation in 2026, as highlighted in recent government meetings [5]. - The debt restructuring and approval processes are anticipated to accelerate the overall risk clearance in the real estate sector, with 2026 being a critical year for addressing these issues [5].