格隆汇10月17日丨富力地产(02777.HK)公告，集团于2025年9月的月内总销售收入共约人民币10.9亿 元，销售面积达约88,100平方米。累计至2025年9月底，总销售收入约人民币105亿元，销售面积达约 1,031,400平方米。 ...

累计至2025年9月底，总销售收入约人民币105亿元，同比增长32.41%;销售面积达约103.14万平方米。 富力地产(02777)公布，集团于2025年9月的月内总销售收入共约人民币10.9亿元，同比增长32.28%;销售 面积达约8.81万平方米。 ...

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） 二零二五年九月的未經審核營運數據 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。 * 僅供識別 廣州富力地產股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會 （「董事會」）欣然宣佈，本集團於二零二五年九月的月內總銷售收入共約人民幣 10.9 億元，銷售面積達約 88,100 平方米。 累計至二零二五年九月底，總銷售收入約人民幣 105 億元，銷售面積達約 1,031,400 平方 米。 上述銷售數據未經審核，乃根據本集團初步內部資料編製，鑒於收集該等銷售資料過程 中存在各種不確定因素，該等銷售數據與本公司按年度或半年度刊發的經審核或未經審 核綜合財務報表中披露的數字可能存在差異，因此上述數據僅供投資者參考 ...

Core Viewpoint - R&F Properties is facing a severe liquidity crisis, leading to the sale of hotel assets to recover funds, with the company’s hotel operations significantly impacted by debt issues and asset disposals [1][3][14]. Group 1: Asset Sales and Financial Struggles - The company is selling its hotel assets, including the R&F Wanda Hotel in Quanzhou, which is set for public auction with a starting price of approximately 331 million yuan [3][4]. - Since 2022, R&F Properties has sold multiple hotels, including a 100% stake in Guangzhou Fuying Hotel Management Co. for 550 million yuan, despite incurring losses [4][5]. - The company’s hotel operations have been severely reduced, with the number of hotels dropping from 90 at the end of 2023 to an expected 22 by the end of 2024 [5][13]. Group 2: Debt and Liquidity Issues - R&F Properties publicly defaulted on its debts in 2022, leading to a liquidity crisis that has forced the company to focus on debt reduction [14][17]. - The company has restructured its domestic bonds in September 2023 to alleviate short-term repayment pressures [17][21]. - As of June 2023, the company had total borrowings of 1,045.2 billion yuan, with 975.9 billion yuan due within one year, indicating significant short-term repayment risks [21][22]. Group 3: Operational Performance - The hotel segment has seen a decline in revenue from 7.03 billion yuan in 2018 to an estimated 4.37 billion yuan in 2024, with cumulative losses exceeding 10 billion yuan during the same period [12][18]. - In the first half of 2025, the company reported hotel operating revenue of 827 million yuan, a 70% year-on-year decline, primarily due to the loss of operational control over 68 hotels [12][18]. - The overall revenue for the company in the first half of 2025 was 5.765 billion yuan, a 59.43% decrease compared to the previous year, with a net loss of 4.046 billion yuan [19].

| 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) | 02777 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 3,752,367,344 | RMB | | | 1 RMB | | 3,752,367,344 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 3,752,367,344 | RMB | | | 1 RMB | | 3,752,367,344 | 本月底法定/註冊股本總額： RMB 3,752,367,344 FF301 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 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 廣州富力地產股份有限公司 ...

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） 有關解決核數師對年度綜合財務報表無法表示意見 所實施的行動計劃之季度更新 茲提述廣州富力地產股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）於 二零二五年四月二十九日發佈的截至二零二四年十二月三十一日止年度（「二零二四財 政年度」）的年報（「年報」）及本公司日期為二零二五年六月三十日的公告（「二零 二五年六月三十日公告」）。除文義另有所指外，本公告所用詞彙與年報所界定者具有 相同涵義。 誠如年報所披露，由於持續經營存在多重不確定性，核數師對本集團二零二四財政年度 之綜合財務報表發法表示意見（「無法表示意見」），詳情載於年報第 39 至 42 頁。本 公司擬實施年報第 51 至 52 頁所載的行動計劃（「行動計劃」），以解決無法表示意見 的問題。 本公司已於二零二五年六月三十日公告內就行動計劃的實施情況提供更新，並謹此提供 自二零 ...

Core Viewpoint - Recently, Guangzhou Chentian Yunshan Investment Consulting Co., Ltd. was established, with a focus on various consulting services in the real estate sector, and is fully owned by R&F Properties [1] Company Summary - The legal representative of the newly established company is Zheng Shaohui [1] - The business scope includes information technology consulting services, housing demolition services, real estate consulting, and real estate brokerage [1] - The company is indirectly wholly owned by R&F Properties, indicating a strategic move in the real estate market [1]

Core Viewpoint - Guangzhou Fusheng Tian Investment Consulting Co., Ltd. has been established, fully owned by R&F Properties (02777.HK), focusing on real estate brokerage, housing demolition services, and economic consulting services [1][2]. Group 1 - The legal representative of the newly established company is Hong Youqiang [1]. - The registered capital of Guangzhou Fusheng Tian Investment Consulting Co., Ltd. is 100,000 yuan [2]. - The company is located in Baiyun District, Guangzhou, Guangdong Province, and is classified under "Other Professional Consulting and Investigation" [2]. Group 2 - R&F Properties holds 100% ownership of Guangzhou Fusheng Tian Investment Consulting Co., Ltd. [3].

Core Viewpoint - R&F Properties (stock code: 02777) announced a comprehensive restructuring plan for its domestic bonds, which includes options such as cash buyback, debt-for-equity swaps, and receivables trust shares as collateral [1][3] Financial Performance - In the first half of the year, R&F Properties reported revenue of 5.765 billion yuan, a year-on-year decrease of 59.43%, and a loss of 4.082 billion yuan, which is a 75.12% increase in loss compared to the same period in 2024 [3] - The net loss attributable to shareholders was 4.046 billion yuan, reflecting a year-on-year increase in loss of 73.6% [3] Debt Situation - R&F Properties has total assets of 289.149 billion yuan, with development properties accounting for 120.738 billion yuan, or 41.75% of total assets [3] - Total liabilities reached 264.379 billion yuan, an increase of approximately 2.243 billion yuan compared to the end of the previous year, resulting in a debt-to-asset ratio of 91.43% [3] - The company has cash and cash equivalents of only 688 million yuan [3] Bond Restructuring Plan - If the bond restructuring is approved by all bondholders and successfully implemented, the remaining domestic bond principal will be extended to September 16, 2035 [3] - Starting from March 16, 2031, each bond will pay 1 yuan of principal in cash every six months, with the full remaining principal and interest paid on the final maturity date [3] - Interest during the past and extended periods will be uniformly reduced to 1%, calculated on a simple interest basis without compounding [3] - The restructuring plan aims to alleviate short-term repayment pressure, reduce the company's debt ratio, and improve financial conditions, allowing the company to focus more on its core business and enhance operational capabilities [3]

Group 1 - The core point of the article is that R&F Properties announced its total sales revenue and sales area for the year 2025, indicating a significant performance in the real estate market [1] Group 2 - For the year 2025, the total sales revenue is approximately 10.8 billion yuan, with a sales area of about 105,000 square meters [1] - In the first eight months of 2025, the total sales revenue reached approximately 94 billion yuan, with a sales area of about 943,300 square meters [1]