后续，融创中国将提速转入各项经营工作的推进，该公司计划在今年完成全部保交付任务。孙宏斌近期也久违露面，出席"超级大盘"重庆湾项目的开工仪 式。 债务风险化解 12月23日，融创中国(01918.HK)发布公告，宣布境外债务重组计划今日起正式生效。融创中国方面表示上市公司层面至此债务风险得到彻底化解，就此向债 权人致谢。 孙宏斌露面 目前，融创中国各项经营工作已全面提速。 记者留意到，日前重庆湾项目正式开工仪式上，近几年已极少公开露面的融创掌舵人孙宏斌出席了开工典礼并查看施工情况。据融创中国官微披露，重庆湾 项目地处两江交汇核心区位，是规划百万平方米体量的超级大盘，项目定调"重庆市级重点项目、央地合作示范项目"，预计项目将于2026年初正式亮相。 据记者了解，融创中国今年预计实现超5万套的新房交付，四年累计完成交付超70万套，于业内率先完成全部保交付任务。刘水认为，"保交付"是当前融创 中国的首要工作，也是评估其经营是否步入正轨的核心指标，这项工作的顺利完成，对于恢复市场信心、维持社会稳定至关重要。 销售层面，以"壹号院"为代表的TOP系产品销售表现亮眼。其中，上海壹号院全年销售额超220亿元，问鼎全国单盘销冠 ...

12月23日，融创中国（HK01918，股价1.28港元，市值146.81亿港元）公告宣布境外债务重组计划正式 生效。至此，融创中国上市公司层面债务风险得到彻底化解。今年以来，地产行业化债进程不断加速。 中指研究院监测显示，已有21家出险房企完成债务重组或重整，化债总规模约1.2万亿元，融创中国成 为第一家完成境内外债务全面重组的大型房企。 截至目前，融创中国通过境内外债务重组，整体偿债压力预计下降近600亿元。今年预计实现超5万套新 房交付，四年累计完成交付超70万套，于业内率先完成全部保交付任务。 另据《每日经济新闻》报道，随着债务重组的完成，公司其他事项也在加速恢复。 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 如就在12月12日，久未露面的融创中国创始人孙宏斌出现在了重庆湾项目开工仪式上，该项目将于明年 亮相。此外，融创中国位于北京、上海两地的壹号院项目成为城市典型热销项目。其中，上海壹号院累 计销售额突破220亿元，稳居2025年全国单盘销售冠军。 另据公告，今年1～11月，融创中国累计实现合同销售金额338.9亿元，同比下滑25.3%；累计合同销售 面积约 ...

北京商报讯（记者 李晗）12月23日，融创中国发布公告称，境外债务重组全面完成，重组生效日期已 于2025年12月23日落实，公司约96亿美元的现有债务已获全面解除及免除。作为代价，公司根据计划条 款于重组生效日期向计划债权人发行强制可转换债券1及强制可转换债券2。截至目前，融创通过境内外 债务重组，整体偿债压力预计下降近600亿元。 ...

格隆汇12月23日｜融创中国港交所公告，全面境外债务重组完成，重组生效日期已于2025年12月23日落 实。公司约96亿美元的现有债务已获全面解除及免除。作为代价，公司根据计划条款于重组生效日期向 计划债权人发行强制可转换债券1及强制可转换债券2。 ...

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。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約，亦不在任何司法權區構成任 何投票或批准的招攬。 本公告及其任何副本概不得直接或間接在美國，或在刊發或派發本公告屬違法的任何其他司法權區刊 發或派發。 本公告並不構成於美國或任何其他未有根據任何有關司法權區證券法例登記或合資格前作出有關提 呈、要約或出售則屬不合法的司法權區提呈出售或提呈購買任何證券的要約。倘無登記或獲適用豁免 登記規定，證券不得在美國提呈或出售。於美國公開發售任何證券將須以招股章程形式作出。該招股 章程將載有進行提呈發售的公司以及其管理層及財務報表的詳細資料。本公司並無計劃在美國公開發 售任何證券。 SUNAC CHINA HOLDINGS LIMITED 融創中國控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：01918） 1.全面境外債務重組完成 (1)重組生效日期落實； (2)強制可轉換債券1之轉換期限開始 ...

Core Viewpoint - Sunac China is nearing the completion of its debt restructuring, with a significant reduction in its overseas debt expected by December 23, 2025, contingent on meeting restructuring conditions [1][4]. Group 1: Debt Restructuring Details - The company announced that approximately $9.6 billion in existing overseas debt will be fully discharged upon the effective date of the restructuring [1][5]. - Sunac will issue two types of mandatory convertible bonds to creditors: "Mandatory Convertible Bond 1" with an initial conversion price of HKD 6.80 per share, representing a premium of about 330.38%, and "Mandatory Convertible Bond 2" with an initial conversion price of HKD 3.85 per share, at a premium of approximately 143.67% [1][5]. - The restructuring plan includes a full debt-to-equity swap option, which will significantly reduce cash repayment pressure and convert creditors into shareholders [7]. Group 2: Impact on Share Capital - If all debts are converted into equity, it is estimated that over 13 billion new shares will be issued, increasing the total share capital from approximately 10.6 billion shares to over 24.5 billion shares by the end of 2024 [6]. - The conversion of "Mandatory Convertible Bond 1" will account for about 75% of the debt, while "Mandatory Convertible Bond 2" will cover up to 25% [6]. Group 3: Additional Debt Management - Sunac has also entered into a restructuring agreement with Jiyou regarding an outstanding loan of HKD 858 million, which will be partially restructured and converted into equity [3][8]. - The restructuring will involve issuing approximately 279 million new shares to Jiyou, representing about 2.43% of the current issued share capital [8]. Group 4: Overall Financial Health - The successful completion of both domestic and overseas debt restructuring is expected to reduce the company's overall debt pressure by nearly RMB 60 billion, saving tens of billions in interest expenses annually [7]. - Sunac is the first large real estate company to complete both domestic and overseas debt restructuring, which is anticipated to support the recovery of its overall credit and long-term business operations [9].

Core Viewpoint - Sunac China Holdings Limited (01918.HK) announced that its comprehensive offshore debt restructuring is expected to take effect around December 23, 2025, contingent upon meeting or waiving restructuring conditions [1] Group 1: Debt Restructuring Details - Approximately $9.6 billion of existing debt will be fully discharged upon the effective date of the restructuring, with the company issuing two types of mandatory convertible bonds to creditors as part of the plan [1] - The initial conversion price for Mandatory Convertible Bond 1 is HKD 6.8 per share, representing a premium of about 330.38% compared to the closing price on April 17, 2025, while Mandatory Convertible Bond 2 has an initial conversion price of HKD 3.85 per share, with a premium of approximately 143.67% [1] - The company, along with its subsidiary Sanya Qingtian, has entered into a restructuring agreement with Jiyou to address the remaining debt outside the comprehensive offshore debt restructuring [1] Group 2: Jiyou Restructuring Agreement - Under the Jiyou restructuring agreement, 35% of the outstanding principal amount owed to Jiyou (approximately HKD 300.3 million) will be restructured into a loan with a ten-year extension, while the remaining amount will be settled through the issuance of new shares [2] - The number of shares to be issued for settlement is 279,212,879, with a total par value of HKD 27.9 million, and based on the market price of HKD 1.3 per share, the total market value amounts to approximately HKD 363 million [2] - The company aims to resolve its debt risk entirely through the comprehensive offshore debt restructuring and the Jiyou transaction, thereby supporting its overall credit and long-term business recovery [2] Group 3: Jiyou Bank Background - Jiyou is a licensed bank in Hong Kong, incorporated as a limited company, and is directly controlled by Jiyou International Financial Holdings Limited, which is wholly owned by Xiamen International Investment Co., Ltd. [3] - Xiamen International Bank, which indirectly owns Jiyou, is primarily held by the Fujian Provincial Government and its associated asset management committees, collectively holding over 35% of the bank's shares [3]

Group 1 - The core point of the article is that Sunac China announced a comprehensive overseas debt restructuring expected to take effect around December 23, 2025, involving approximately $9.6 billion of existing debt being relieved and the issuance of mandatory convertible bonds to planned creditors [1] - The company and Sanya Qingtian have entered into a restructuring agreement with Jiyou, where the unpaid principal of Jiyou's loan of HKD 858 million will be classified as HKD 300 million (35%) as post-restructuring loans, with a ten-year extension [1] - The remaining amount will be settled by issuing 279 million new shares at HKD 3.85 per share, which represents about 2.43% of the existing issued share capital and approximately 2.38% of the enlarged share capital post-settlement [1]

Core Viewpoint - Sunac China is set to have approximately $9.6 billion of existing debt fully discharged as part of a restructuring plan, which is expected to take effect around December 23, 2025, contingent upon meeting certain conditions or obtaining waivers [1] Group 1 - The restructuring plan will result in the complete release and discharge of about $9.6 billion in existing debt [1] - As part of the restructuring, the company will issue mandatory convertible bonds to the plan creditors on the effective date of the restructuring [1]

Core Viewpoint - The company, Sunac China, announced that its debt restructuring is expected to take effect around December 23, 2025, contingent upon meeting or waiving restructuring conditions [1] Debt Restructuring - Upon the effective date of the restructuring, approximately $9.6 billion of the company's existing debt will be fully discharged and released [1] - As part of the restructuring plan, the company will issue mandatory convertible bonds to the plan creditors on the effective date [1] Specific Debt Agreements - The company, along with its subsidiary Sanya Qingtian, has entered into a restructuring agreement with Jiyou to address the only remaining debt outside the comprehensive offshore debt restructuring [1] - As of the signing date of the Jiyou restructuring agreement, the outstanding principal of this loan amounts to HKD 858 million [1] Overall Impact - The completion of the comprehensive offshore debt restructuring and the Jiyou transaction is expected to thoroughly resolve the company's debt risks, supporting its overall credit and long-term business recovery [1]