（股份代號：2777） 建議修訂公司章程 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。 （於中華人民共和國註冊成立的股份有限公司） * 僅供識別 此公告乃由廣州富力地產股份有限公司（「本公司」）根據香港聯合交易所有限公司證 券上市規則（「上市規則」）第13.51(1)條而作出。 廣州富力地產股份有限公司 董事長 李思廉 香港，二零二六年三月三十一日 於本公告日期，本公司的執行董事為李思廉博士、張輝先生、相立軍先生及趙渢先生；非執行董事為張 琳女士及李海倫女士；及獨立非執行董事為鄭爾城先生、吳又華先生及王振邦先生。 本公司董事會（「董事會」）建議修訂本公司現有之公司章程（「公司章程」），以符 合中華人民共和國公司法之最新規定，及以符合上市規則之最新規定（包括允許舉行混 合式股東會以及提供電子投票），並納入若干輕微修訂（「建議修訂」）。 建議修訂待於二零二六年五月二十九日舉行之股東週年大會（「股東週年大會」）由本 公司股東（「股東」）以特別決議批准後才 ...

Core Viewpoint - R&F Properties (02777.HK) is expected to report a net loss of approximately RMB 16.6 billion for the year ending December 31, 2025, and a net loss of RMB 17.789 billion for the year ending December 31, 2024, primarily due to the ongoing downturn in the Chinese real estate market [1] Group 1 - The net loss for the current year is mainly attributed to the continued sluggishness in the Chinese real estate industry, leading to a decline in revenue from property development [1] - Impairment provisions for properties under development, completed properties held for sale, and other fixed assets are significant factors contributing to the net loss [1]

富力地产：预计2025年度将录得净亏损约166亿元人民币 。 ...

Core Viewpoint - The company, R&F Properties (02777.HK), expects to report a net loss of approximately RMB 16.6 billion for the year ending December 31, 2025, and a net loss of RMB 17.789 billion for the year ending December 31, 2024, primarily due to the ongoing downturn in the Chinese real estate market and impairment provisions for properties under development and completed properties held for sale [1]. Group 1 - The company anticipates a net loss of about RMB 16.6 billion for the fiscal year ending December 31, 2025 [1] - The projected net loss for the fiscal year ending December 31, 2024, is RMB 17.789 billion [1] - The main reasons for the annual net losses include the continued sluggishness of the Chinese real estate industry, leading to a decline in revenue from property development [1] Group 2 - Impairment provisions for properties under development, completed properties held for sale, and other fixed assets are significant factors contributing to the net losses [1]

Group 1 - The core viewpoint of the article indicates that R&F Properties (02777) is expected to report a net loss of approximately RMB 16.6 billion for the fiscal year ending December 31, 2025, and a net loss of RMB 17.789 billion for the fiscal year ending December 31, 2024 [1] - The primary reasons for the current year's net loss are attributed to the ongoing downturn in the Chinese real estate industry, which has led to a decline in revenue from property development, as well as impairment provisions for properties under development, completed properties held for sale, and other fixed assets [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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 盈利警告 本公告所載資料僅根據董事會現時可得的資料及由本公司管理層根據未經本公司核數 師審閱或審核的本集團未經審核管理賬目初步評估作出， 而該等資料仍有待落實及可 能作出調整。股東及潛在投資者應小心閱讀本集團截至二零二五年十二月三十一日止 年度的業績公告，該公告預期於二零二六年三月三十一日刊發。 廣州富力地產股份有限公司（「本公司」，連同其附屬公司為「本集團」）根據香港 法例第 571 章證券及期貨條例第 XIVA 部的內幕消息條文（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(2)(a)條刊發本公告。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，按照 本集團截至二零二五年十二月三十一日止年度未經審核管理賬目之初步評估以及董事 會現時可得的資料，本集團預計截至二零二五年十 ...

Group 1 - Hong Kong property stocks continue to decline, with R&F Properties (02777.HK) down 6.02% to HKD 0.39 [1] - Sunac China (01918.HK) decreased by 4.46%, trading at HKD 1.07 [1] - New World Development (01030.HK) fell by 1.45%, priced at HKD 2.04 [1]

Core Viewpoint - R&F Properties (02777.HK) announced a board meeting scheduled for March 31, 2026, to consider the announcement of the company's annual performance for the year ending December 31, 2025, and to propose a final dividend if applicable [1] Group 1 - The board meeting will take place at the Hong Kong Central Plaza, Room 3510 [1] - The meeting will focus on the financial results for the fiscal year ending December 31, 2025 [1] - The company may propose a final dividend during this meeting [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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 董 事 會 會 議 日 期 廣州富力地產股份有限公司（「本公司」）董事會（「董事會」）茲通告於二零二六年 三月三十一日（星期二）假座香港中環康樂廣場一號怡和大廈3510室召開董事會會議， 考慮通過（其中包括）宣佈本公司截至二零二五年十二月三十一日止年度業績公告及建 議宣派年度末期股息（如有）。 承董事會命 廣州富力地產股份有限公司 公司秘書 李啓明 * 僅 供 識 別 香港，二零二六年三月十九日 於本公告日期，本公司 的執行董事為 李思廉 博 士 、 張 輝 先 生 、 相立軍 先 生 及趙渢先生 ；非執行董 事 為 張 琳 女 士 及 李 海 倫 女 士 ； 及 獨 立 非 執 行 董 事 為 鄭爾城先生 、 吳 又 華 先 生 及王振邦先生 。 ...

Core Viewpoint - The restriction on R&F Properties' chairman, Li Silian, from leaving the country highlights the ongoing debt crisis faced by the company, which has accumulated overdue debts totaling 36.81 billion yuan by the end of 2025 [1][4]. Group 1: Legal Issues - Li Silian was intercepted at the border due to a restriction imposed by the Tianjin Third Intermediate People's Court, which was not previously communicated to him or the company [1][2]. - The restriction is linked to ongoing civil cases against R&F Properties, including a significant lawsuit from Shanghai Zhuanma Enterprise Management Co., which has resulted in execution orders totaling 1.76 billion yuan and 8.156 million yuan against the company [2]. - Li Silian has been repeatedly listed as a restricted consumer and has faced multiple legal constraints across various provinces, indicating a broader pattern of legal troubles for R&F Properties [3]. Group 2: Financial Situation - R&F Properties has publicly defaulted on its domestic debts since March 2022, leading to a liquidity crisis, with overdue interest-bearing debts reaching 36.81 billion yuan by December 31, 2025 [4]. - The company reported a revenue of only 4.165 billion yuan in the first half of 2025, a 60% year-on-year decline, and a net loss of 4.082 billion yuan, which is over a 75% increase in losses compared to the same period in 2024 [4]. - Despite a 26.5% year-on-year increase in sales to 14.21 billion yuan in 2025, the sales figures remain below targets, with a further 6.96% decline in early 2026, indicating severe cash flow issues [4]. Group 3: Debt Restructuring Efforts - To alleviate debt pressure, R&F Properties has been actively disposing of assets and restructuring debts, including the sale of multiple hotels and properties, but these efforts have not sufficiently covered the overdue debts [5]. - The company has made progress on a debt restructuring plan for approximately 5 billion USD in overseas debts, but domestic restructuring efforts have been slow, with only one out of several planned bond restructurings completed [5]. Group 4: Historical Context - R&F Properties, founded by Li Silian and Zhang Li, rose to prominence in the industry, particularly after acquiring 77 hotels from Wanda for 19.9 billion yuan in 2017, but has since faced challenges due to aggressive expansion and tightening industry regulations [6]. - The company's heavy reliance on high-leverage strategies and the burden of its real estate assets have contributed to its current financial difficulties, compounded by reduced financing options and declining sales [6].