格隆汇12月12日丨富力地产(02777.HK)发布公告，集团于2025年11月的月内总销售收入共约人民币10亿 元，销售面积达约11.25万平方米。 累计至2025年11月底，总销售收入约人民币127亿元，销售面积达约126.16万平方米。 ...

智通财经APP讯，富力地产(02777)公布，该集团于2025年11月的月内总销售收入共约人民币 10 亿元， 同比持平;销售面积达约11.25万平方米。累计至2025年11月底，总销售收入约人民币 127 亿元，同比增 长24.63%;销售面积达约126.16万平方米。 ...

（於中華人民共和國註冊成立的股份有限公司） （股份代號：2777） 二零二五年十一月的未經審核營運數據 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。 承董事會命 廣州富力地產股份有限公司 公司秘書 李啓明 香港，二零二五年十二月十二日 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。 * 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十一月的月內總銷售收入共約人民幣 10 億元，銷售面積達約 112,500 平方米。 累計至二零二五年十一月底，總銷售收入約人民幣 127 億元，銷售面積達約 1,261,600 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 ...

Core Viewpoint - R&F Properties is facing significant financial distress, leading to the forced sale of its hotel assets, which were once considered core to its business strategy. The company has seen a drastic reduction in its hotel portfolio from nearly 90 to just 22 properties, primarily due to debt pressures and liquidity issues [1][2][6]. Group 1: Asset Sales and Financial Performance - The Zhengzhou R&F Wanda Hotel was sold for 328 million yuan, approximately 70% of its reference price of 469 million yuan, highlighting the company's struggle to liquidate assets at favorable prices [1]. - In November, another hotel in Quanzhou was sold for 330 million yuan, 30% below market reference price, indicating a trend of undervalued asset sales [2]. - R&F's hotel revenue plummeted by 70% year-on-year to 827 million yuan in the first half of 2025, reflecting the severe impact of asset disposals and operational challenges [5]. Group 2: Debt and Restructuring Challenges - As of mid-2025, R&F Properties reported a net loss of 4.082 billion yuan, exacerbated by the ongoing downturn in the Chinese real estate market and declining income from property development [6]. - The company's total debt reached 104.52 billion yuan, with a staggering asset-liability ratio of 408%, indicating a critical liquidity crisis [6]. - R&F is attempting to restructure approximately 4.53 billion USD in unpaid senior notes, which is crucial for its survival and could significantly reduce its debt burden if successful [6][7]. Group 3: Future Outlook and Strategic Direction - R&F Properties plans to continue asset sales to generate liquidity, with expectations of further divestitures in 2025, although the timing and success of these sales remain uncertain [3][4]. - The company has lost management control over 68 hotels due to a debt-related takeover, further complicating its operational landscape and asset management [4]. - The ongoing asset sales and restructuring efforts are seen as necessary steps for R&F to navigate its financial difficulties, but the path to sustainable recovery remains challenging [7].

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11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 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 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/ ...

Core Viewpoint - R&F Properties reported its October unaudited operating summary, indicating a sales revenue of 1.2 billion yuan and a sales area of approximately 117,700 square meters [1] Summary by Category Sales Performance - In October, R&F Properties and its subsidiaries achieved a sales revenue of 1.2 billion yuan [1] - The total sales area for the month was around 117,700 square meters [1]

Core Viewpoint - R&F Properties announced a total sales revenue of approximately RMB 1.2 billion for October 2025, with a sales area of about 117,700 square meters [1] - Cumulatively, by the end of October 2025, the total sales revenue is expected to reach approximately RMB 11.7 billion, with a total sales area of around 1,149,100 square meters [1] Summary by Category - **Sales Revenue** - Total sales revenue for October 2025 is projected to be approximately RMB 1.2 billion [1] - Cumulative total sales revenue by the end of October 2025 is expected to be around RMB 11.7 billion [1] - **Sales Area** - The sales area for October 2025 is estimated at about 117,700 square meters [1] - The cumulative sales area by the end of October 2025 is projected to be approximately 1,149,100 square meters [1]

Core Insights - R&F Properties (02777) reported total sales revenue of approximately RMB 1.2 billion in October 2025, representing a year-on-year decrease of 4.76% [1] - The total sales area for the month reached approximately 117,700 square meters [1] - Cumulatively, as of the end of October 2025, total sales revenue amounted to approximately RMB 11.7 billion, reflecting a year-on-year increase of 21.31% [1] - The cumulative sales area reached approximately 1,149,100 square meters [1]

累计至2025年10月底，总销售收入约人民币117亿元，同比增长21.31%，销售面积达约114.91万平方 米。 智通财经APP讯，富力地产(02777)发布公告，集团于2025年10月的月内总销售收入共约人民币12亿元， 同比减少4.76%，销售面积达约11.77万平方米。 ...

格隆汇11月14日丨富力地产(02777.HK)宣布，集团于2025年10月的月内总销售收入共约人民币12亿元， 销售面积达约117,700平方米。累计至2025年10月底，总销售收入约人民币117亿元，销售面积达约 1,149,100平方米。 ...