（文章来源：北京商报） 北京商报讯3月24日，中国金茂发布2025年度业绩公告显示，2025年中国金茂收入593.71亿元，同比增 长1%。毛利92.21亿元，同比增长7%；公司所有者应占溢利12.53亿元，同比增长18%；新增融资平均成 本降至2.75%。 管理层在业绩会上表示，上年度公司债务结构进一步优化，低融资成本的开发贷及经营贷占比提升至约 50%，外币债务占比持续下降至20%，财务安全性增强。截至报告期末，公司在手未动用银行授信超过 700亿元，资金储备充足。 ...

Core Viewpoint - China Jinmao reported a significant increase in sales and profitability for the year 2025, achieving a signed sales amount of 113.5 billion yuan, a 16% year-on-year growth, and ranking 8th in the industry, a historical high [1][7] Group 1: Financial Performance - The company achieved a gross profit of 9.221 billion yuan, up 7% year-on-year, with an overall gross margin rising to 16% [1] - Shareholder profit, including fair value gains from investment properties, reached 1.253 billion yuan, an 18% increase compared to the previous year [1] - The average financing cost decreased to 2.75%, maintaining a low level within the industry [5] Group 2: Operational Strategy - The company accelerated project liquidation, completing 47 project clearances in 2025, and focused on core cities and key sectors, achieving an average net profit margin exceeding 10% [4] - The average initial opening cycle for new projects was shortened to 5.2 months, enhancing operational efficiency [4] - The company implemented strict cost control measures, resulting in a 4% reduction in sales expenses, a 13% decrease in management expenses, and a 9% drop in financial expenses [4] Group 3: Market Position and Product Strategy - The company launched multiple successful product lines, contributing to a 16% increase in new home sales, with a significant focus on high-tier cities [7] - The average selling price of residential contracts rose to approximately 27,000 yuan per square meter, a 24% year-on-year increase, indicating strong product pricing power [7] - The company’s sales in first and second-tier cities accounted for 96% of total sales, with significant performance in key markets like Beijing and Shanghai [7] Group 4: Investment and Future Outlook - The company continued to focus on core cities, with 66% of new investments in Beijing and Shanghai, and 89% of unsold value located in first and second-tier cities [11] - Management emphasized a strategy of "product leadership and customer-centricity" for future growth, aiming to enhance product quality and create more value for customers [11] - The company plans to further optimize its asset structure and enhance its operational capabilities to achieve sustainable growth [11]

Core Viewpoint - China Jinmao achieved high-quality growth in 2025, with a signed sales amount of 113.5 billion, a year-on-year increase of 16%, and ranked 8th in the industry, a historical high [1] Sales Performance - The average signed price for residential properties increased by 24% to 27,000 yuan per square meter [3] - In a market where the top 10 real estate companies saw a 16% decline in signed sales, China Jinmao's sales rose by 16%, marking a historical high in industry ranking [3] - The company focused on high-quality projects, with 96% of signed sales coming from first and second-tier cities, and significant sales in key cities like Beijing and Shanghai, each exceeding 20 billion yuan [4] Profitability - The gross profit reached 9.221 billion yuan, a year-on-year increase of 7%, with an overall gross margin rising to 16% [1] - The company accelerated project liquidation, achieving a net profit margin exceeding 10% on newly acquired projects, and completed the clearance of 47 projects in 2025 [5] - Management emphasized a strategy of "fast opening, fast return, and fast clearance," reducing the average initial opening cycle to 5.2 months [5] Financial Health - The average financing cost decreased to 2.75%, maintaining a low level in the industry, with over 70 billion yuan in unused bank credit available [8][9] - The debt structure improved, with the proportion of development and operational loans rising to about 50% and foreign currency debt decreasing to 20% [8] Second Growth Curve - The company is expanding in quality services and premium holdings, with core property management revenue increasing by 23% and EBITDA from hotel operations rising by 31% [10] - The company’s commercial operation revenue grew by 9%, and it successfully opened several new projects, enhancing its light asset business [10] Investment Strategy - China Jinmao continued to focus on core cities and quality projects, acquiring 21 new projects in 2025, with 66% of investments in Beijing and Shanghai [11] - 67% of unsold inventory is concentrated in economically developed regions, with 89% located in first and second-tier cities [11] Future Outlook - Management aims to enhance product quality and customer value, maintaining a prudent investment style focused on high-energy cities [12] - The company plans to further activate existing assets and optimize new acquisitions to achieve sustainable growth [12]

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。 China Jinmao Holdings Group Limited 中國金茂控股集團有限公 司 （於香港註冊成立的有限公司） （股票代號：00817） 公司債券發行人截至2025年12月31日止年度的主要財務數據 茲提述中國金茂控股集團有限公司（「本公司」）日期為2022年7月8日、2022年9月 29日及2023年2月20日的公告，內容有關本公司全資附屬公司上海金茂投資管理 集團有限公司（「發行人」或「上海金茂」）向合資格投資者發行多期公司債券（「公 司債券」）。 根據中國相關法規以及中國證券監督管理委員會的規定，在公司債券存續期內， 發行人須於上海證券交易所網站(www.sse.com.cn)披露其財務數據。發行人截至 2025年12月31日止年度之年度報告已於2026年3月24日刊登於上海證券交易所網 站。以下載列發行人截至2025年12月31日止年度的主要經審核合併財務數據，該 等財務數據乃 ...

Core Viewpoint - China Jinmao (0817.HK) reported a significant reduction in average financing costs to 2.75% for the year 2025, indicating a strong financial position and competitive advantage in the industry [1] Financing Costs - The average financing cost decreased significantly compared to the end of 2024, maintaining a low level within the industry [1] - The proportion of low-cost development and operational loans increased to approximately 50% of the total debt structure [1] Debt Structure - The company's debt structure has been further optimized, with a continuous decline in the proportion of foreign currency debt to 20% [1] - Financial safety has been enhanced due to the improved debt structure [1] Liquidity Position - As of the reporting period, the company had over 70 billion yuan in unused bank credit, indicating a strong liquidity position and ample funding reserves [1]

Core Viewpoint - China Jinmao (00817) reported a steady increase in profitability for the year 2025, with key financial metrics showing positive growth despite industry challenges [1] Financial Performance - The company achieved a gross profit of 9.221 billion yuan, representing a year-on-year increase of 7% [1] - Gross margin improved to 16%, up by 1 percentage point compared to the previous year [1] - Shareholder profit (including fair value gains from investment properties) increased by 18% year-on-year [1] Business Strategy - Management indicated that the gross margin for the development business rose from 11% to 13%, an increase of 2 percentage points year-on-year [1] - Since 2024, new project acquisitions have focused on core cities and key sectors, with the "Golden Jade" product line tailored to local customer needs [1] - The average net profit margin from sales exceeded 10% [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，概不對任何就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責任。 China Jinmao Holdings Group Limited 中國金茂控股集團有限公 司 （於香港註冊成立的有限公司） （股票代號：00817） 截至二零二五年十二月三十一日止年度業績公告 中國金茂控股集團有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司 及其附屬公司截至2025年12月31日止年度的經審核業績。本公告列載本公司 2025年報全文，並符合香港聯合交易所有限公司證券上市規則（「上市規則」） 中有關年度業績初步公告附載的資料的要求。本公司2025年報的印刷版本將 於2026年4月30日或以前寄發予本公司的股東，並可於其時在香港交易所披 露易網站www.hkexnews.hk 及本公司的網站www.chinajinmao.cn 上閱覽。 2 中國金茂控股集團有限公司 關於中國金茂 中國金茂控股集團有限公司（「中國金茂」、「公司」、「本公司」）是中國中化控股有限責任公司（「中 ...

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。 China Jinmao Holdings Group Limited 中國金茂控股集團有限公 司 （於香港註冊成立的有限公司） （股票代號：00817） 董事會會議通告 中國金茂控股集團有限公司（「本公司」）董事會（「董事會」）特此通知，將於2026 年3月24日（星期二）舉行董事會會議，藉以審議和批准（其中包括）本公司及其子 公司截至2025年12月31日止年度業績及建議派發末期股息（如有）。 承董事會命 中國金茂控股集團有限公司 公司秘書 廖繼勤 香港，2026年3月10日 於本公告日期，本公司董事為執行董事陶天海先生（主席）、張輝先生及喬曉潔女 士；非執行董事崔焱先生、劉文先生、陳一江先生及王葳女士；以及獨立非執行 董事劉峰先生、孫文德先生、高世斌先生及鍾偉先生。 ...

Core Viewpoint - China Jinmao reported its unaudited sales data for February 2026, indicating a strong performance in property sales with significant figures in both monthly and cumulative sales [1] Sales Performance - In February 2026, China Jinmao and its subsidiaries achieved a signed sales amount of RMB 5.327 billion, with a signed sales area of 224,500 square meters [1] - For the period of January to February 2026, the cumulative signed sales amount reached RMB 12.930 billion, covering a total signed sales area of 561,100 square meters [1] Project Contributions - The cumulative sales figures include contributions from various projects such as Changsha Meixi Lake International New City, Nanjing Qinglongshan International Eco-New City, Ningbo Life Science City, and others [1] - As of February 28, 2026, the group recorded a subscribed (but not yet signed) property sales amount totaling RMB 0.693 billion [1]

来源：环球网 【环球网综合报道】3月9日，中国金茂发布2026年2月未经审核营运数据公告。公告显示，2026年2月， 中国金茂及其附属公司取得签约销售金额53.27亿元，签约销售建筑面积22.45万平方米。 截至2026年2月28日止两个月，该集团累计取得签约销售金额共计129.3亿元，累计签约销售建筑面积 56.11万平方米。 图源：中 国金茂 ...