Core Viewpoint - Country Garden has announced its first profit forecast post-debt restructuring, expecting a profit of approximately 1 billion to 2.2 billion yuan for 2025, a significant turnaround from a loss of about 35.145 billion yuan in the previous year, indicating a critical financial turning point for the company [1][8]. Debt Restructuring Effects - Since 2022, Country Garden has reported consecutive losses, with losses of 6.052 billion yuan in 2022, 178.4 billion yuan in 2023, and 32.835 billion yuan in 2024. The forecasted profit marks a clear improvement in operational status [2][10]. - The company successfully completed both domestic and international debt restructuring, reducing its overall debt by over 90 billion yuan. The international restructuring involved approximately 17.7 billion USD, while the domestic restructuring included 9 bonds totaling about 13.77 billion yuan [4][13]. - The restructuring strategy focused on "substantial debt reduction" through the issuance of up to 13 billion USD in mandatory convertible bonds and up to 15.5 billion shares to replace existing debt, fundamentally changing the nature of its liabilities and enhancing net assets [4][13]. Market Response - The capital market has responded positively to Country Garden's recovery, with the company being included in the MSCI China Small Cap Index, effective February 27. This inclusion is expected to attract passive funds that track the index, providing stable incremental capital support for the stock price [5][14]. - As of March 21, the proportion of southbound funds holding Country Garden shares has risen to a historical high of 17.7%, up 2.4 percentage points from 15.3% at the end of 2025 [5][14]. Strategic Transition - The year 2026 is positioned as a pivotal transition year for Country Garden, with the chairman proposing a "second entrepreneurship" concept post-restructuring, aiming for a systematic transition towards normal operations [6][14]. - Recent management meetings have outlined a 3-5 year strategic framework focused on building core competitiveness, marking this period as crucial for the company's development [6][14]. - The company has restructured its management framework, consolidating various segments into two core business units and adjusting its executive team, including the appointment of a new CFO [6][15]. Summary of Actions - Over the past four months, Country Garden has executed a series of critical actions from debt restructuring to performance turnaround and management adjustments, addressing survival and potential recovery, while future stability remains a significant challenge [7][16].

Core Viewpoint - Country Garden (02007.HK) reported a loss of approximately RMB 35.145 billion for the fiscal year ending December 31, 2024, but expects a profit ranging from RMB 1 billion to RMB 2.2 billion for the fiscal year ending December 31, 2025, primarily due to non-cash gains from debt restructuring [1] Financial Performance - The loss for the current year is attributed to pressure on gross profit margins in the development business and impairment provisions for certain assets and property projects [1] - As of March 23, 2026, Country Garden's stock closed at HKD 0.3, down 4.76%, with a trading volume of 267 million shares and a turnover of HKD 81.6216 million [1] Market Position - Country Garden's market capitalization is HKD 13.425 billion, ranking 26th in the real estate development sector [1] - There has been low attention from investment banks, with no ratings provided in the last 90 days [1]

Core Viewpoint - Country Garden expects a profit of approximately RMB 1 billion to 2.2 billion for the fiscal year 2025, a significant turnaround from a loss of approximately RMB 35.145 billion in the previous year, primarily due to non-cash gains from debt restructuring [1][1]. Financial Performance - The anticipated profit for 2025 is between RMB 1 billion and 2.2 billion [1]. - The previous year's loss was approximately RMB 35.145 billion [1]. - The turnaround from loss to profit is mainly attributed to non-cash gains resulting from the completion of debt restructuring [1].

格隆汇3月23日丨碧桂园(02007.HK)公告，对比截至2024年12月31日止年度的损失约人民币351.45亿 元，集团预期截至2025年12月31日止年度的利润约人民币10亿元至人民币22亿元。 根据目前可获得的资料，本年度转亏为盈主要由于集团完成债务重组录得的非现金收益所致。撇除前述 债务重组收益的影响后，集团录得亏损主要是由于受行业影响，集团开发业务毛利水平承压，且进一步 对若干资产及物业项目计提减值准备等因素所致。 ...

智通财经APP讯，碧桂园(02007)发布公告，对比截至2024年12月31日止年度的损失约人民币351.45亿 元，本集团预期截至2025年12月31日止年度的利润介乎约人民币10亿元至人民币22亿元。根据目前可获 得的资料，本年度转亏为盈主要由于本集团完成债务重组录得的非现金收益所致。撇除前述债务重组收 益的影响后，本集团录得亏损主要是由于受行业影响，本集团开发业务毛利水平承压，且进一步对若干 资产及物业项目计提减值准备等因素所致。 ...

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。 COUNTRY GARDEN HOLDINGS COMPANY LIMITED 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） 本公告所載資料僅根據本公司管理層對現時可得財務資料的初步審閱，且並非根據 已由核數師或本公司審核委員會審核或審閱的任何數字或數據。敬請股東及潛在投 資者仔細閱讀預計將於2026年3月下旬刊發的本公司截至2025年12月31日止年度業 績公告。 本公司股東及潛在投資者於買賣本公司證券時，務請審慎行事。 承董事會命 碧桂園控股有限公司 總裁兼執行董事 程光煜 內幕消息 盈利預告 本公告乃由碧桂園控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）根據 《證券及期貨條例》（香港法例第571章）第XIVA部項下之內幕消息條文（定義見《香 港聯合交易所有限公司證券上市規則》（「上市規則」））及上市規則第13.09條而作 出。 本公司董事會（「董事會」） ...

Group 1 - Country Garden (碧桂园) announced the issuance of 11.4033 million shares resulting from the conversion of zero-coupon mandatory convertible bonds (Convertible Bond A) on March 20, 2026, which will be converted starting from June 30, 2025, with a maturity of 78 months [3] - Additionally, 65,700 shares will be issued from the conversion of another set of zero-coupon mandatory convertible bonds (Convertible Bond B) on the same date, with a maturity of 114 months starting from June 30, 2025 [3]

Core Viewpoint - Country Garden Holdings has been officially included in the FTSE Russell Global Equity Index Series, marking its second inclusion in a major global index within a month, following its addition to the MSCI index [1][2]. Group 1: Index Inclusion Impact - The inclusion in the FTSE Russell and MSCI indices is expected to lead to significant passive capital inflows, as funds tracking these indices will need to purchase Country Garden shares according to their weightings [1]. - The recent rebalancing is projected to trigger over $15 billion in net passive capital inflows into the Chinese market, making it the largest beneficiary in the Asia-Pacific region [1]. Group 2: Market Liquidity and Credibility - The overall liquidity of the Chinese stock market is anticipated to improve due to the large-scale passive capital inflows, which will also enhance the liquidity of newly included stocks like Country Garden [2]. - Inclusion in the FTSE and MSCI indices serves as a "passport" to the global capital market, reflecting an official endorsement of Country Garden's improving fundamentals and risk mitigation progress [2].

Group 1 - The company Country Garden (碧桂园) announced the issuance of 11.4033 million shares due to the conversion of zero-coupon mandatory convertible bonds (Bond A) on March 20, 2026, which will be converted starting from June 30, 2025, with a maturity of 78 months [1] - Additionally, the company will issue 65,700 shares from the conversion of another zero-coupon mandatory convertible bond (Bond B) on the same date, with a maturity of 114 months [1]

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： 碧桂園控股有限公司 (於開曼群島註冊成立之有限公司) FF305 呈交日期： 2026年3月20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 | 普通股 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 | | | ...