呈交日期: 2026年3月2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) | 00272 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 12,000,000,000 | USD | | 0.0025 | USD | | 30,000,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 12,000,000,000 | USD | | 0.0025 | USD | | 30,000,000 | 本月底法定/註冊股本總額： USD 30,000,000 FF301 第 1 頁 共 10 頁 v 1.2.0 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 | | | ...

重估向下调整不会减少现金流，因此不会直接影响公司的流动性。公司预计，于2025年年底的总银行结 余及现金将高于2025年6月30日的水平，以及集团净资产负债率将维持稳定为约52%。 考虑到中国房地产市场仍然疲弱，公司对近期业务前景保持谨慎态度，基于房地产行业整体流动性可能 仍将保持紧张。公司将继续审慎管理其财务及审查及采取最佳策略，以维持长期增长。 考虑到中国房地产市场仍然疲弱，公司对近期业务前景保持谨慎态度，基于房地产行业整体流动性可能 仍将保持紧张。公司将继续审慎管理其财务及审查及采取最佳策略，以维持长期增长。 【财华社讯】瑞安房地产(00272.HK)公布，预期截至2025年12月31日止年度股东应占亏损净额将介乎17 亿元至18亿元(人民币,下同)，相较2024年同期股东应占溢利净额1.8亿元。预计亏损净额主要是由于集 团投资物业的公平值减值以及未出售存货的减值拨备。该等重估及拨备对公司综合总资产(以归属基准 计算)的影响预计为2%至3%。剔除上述影响，预计公司于2025年年度将录得核心溢利。 【财华社讯】瑞安房地产(00272.HK)公布，预期截至2025年12月31日止年度股东应占亏损净额将介乎1 ...

瑞安房地产表示，预计亏损净额主要是由于集团投资物业的公平值减值以及未出售存货的减值拨备，对 公司综合总资产（以归属基准计算）的影响预计为2%至3%。剔除上述影响，预计2025年度将录得核心 溢利。 来源：观点地产网 观点网讯：2月13日，瑞安房地产发布2025年全年业绩盈利警告。 根据公告，根据目前所得资料，瑞安房地产预期截至2025年12月31日止年度股东应占亏损净额将介乎人 民币17亿元至人民币18亿元，相较2024年同期股东应占溢利净额人民币1.8亿元。 瑞安房地产称，重估向下调整不会减少现金流，因此不会直接影响公司的流动性。公司预计，2025年底 的总银行结余及现金将高于2025年6月30日的水平，以及集团净资产负债率将维持稳定为约52%。 瑞安房地产进一步表示，公司对近期业务前景保持谨慎态度，基于房地产行业整体流动性可能仍将保持 紧张。公司将继续审慎管理其财务及审查及采取最佳策略，以维持长期增长。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 ...

重估向下调整不会减少现金流，因此不会直接影响本公司的流动性。本公司预计，于2025年年底的总银 行结余及现金将高于2025年6月30日的水平，以及本集团净资产负债率将维持稳定为约52%。 考虑到中国房地产市场仍然疲弱，本公司对近期业务前景保持谨慎态度，基于房地产行业整体流动性可 能仍将保持紧张。本公司将继续审慎管理其财务及审查及采取最佳策略，以维持长期增长。 智通财经APP讯，瑞安房地产(00272)发布公告，预期截至2025年12月31日止年度(2025年年度)股东应占 亏损净额将介乎人民币17亿元至人民币18亿元，相较2024年同期股东应占溢利净额人民币1.80亿元。预 计亏损净额主要是由于本集团投资物业的公平值减值以及未出售存货的减值拨备。该等重估及拨备对本 公司综合总资产(以归属基准计算)的影响预计为2%至3%。剔除上述影响，预计本公司于2025年年度将 取得核心溢利。 ...

Core Viewpoint - Ruian Real Estate (00272.HK) anticipates a significant net loss attributable to shareholders for the fiscal year ending December 31, 2025, estimated between RMB 1.7 billion and RMB 1.8 billion, contrasting with a net profit of RMB 180 million for the same period in 2024 [1] Financial Performance - The expected net loss is primarily attributed to the impairment of the fair value of investment properties and provisions for unsold inventory [1] - The impact of these revaluations and provisions on the company's total assets (on a attributable basis) is estimated to be between 2% and 3% [1] - Excluding the aforementioned impacts, the company is projected to record core profit for the fiscal year 2025 [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佈的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公佈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。 Shui On Land Limited 瑞安房地產有限公司* (於開曼群島註冊成立之有限責任公司) (股份代號: 272) 公佈 二零二五年全年業績盈利警告 考慮到中國房地產市場仍然疲弱，本公司對近期業務前景保持謹慎態度，基於房地 產行業整體流動性可能仍將保持緊張。本公司將繼續審慎管理其財務及審查及採取 最佳策略，以維持長期增長。 本公佈所載資料乃基於對截至本公佈日期所得之內部管理帳目的初步審閱及分析， 惟該等資料未經本公司核數師審核或審閱。 本公佈由瑞安房地產有限公司（「本公司」，連同其附屬公司統稱為「本集團」） 根據第 571 章證券及期貨條例第 XIVA 部項下內幕消息條文(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。 本公司董事會（「董事會」）謹此通知潛在投資者及本公司股東，根據本公司目前 所得資料，預期截至二零二五年十二月三十一日止 ...

Core Viewpoint - Xiaosong Co., Ltd. (002723) announced that its investment in Songguo Digital Culture (Jiangxi) Co., Ltd. is still in the early investment stage and will not significantly impact the company's business at this time [1][5]. Group 1: Investment and Shareholding - On September 16, 2025, Xiaosong Co. invested 10.5 million yuan to acquire a 51.22% stake in Songguo Digital Culture (Jiangxi), which was included in the consolidated financial statements from October 2025 [2][6]. - On December 17, 2025, Xiaosong Co. disclosed that its controlling shareholder, Huaxin Chuangli, signed a share transfer agreement to transfer 30.7379 million shares (9.25% of total shares) to Shanghai Jiasheng Times, at a price of 9.32 yuan per share, totaling 286 million yuan [2][6]. Group 2: Management and Control Changes - If the share transfer is completed, Jiasheng Times will become the new controlling shareholder of Xiaosong Co., with the actual controllers changing to Luo Minghua and Liu Lingshuang [2][6]. - Jiasheng Times was established on November 18, 2025, with a registered capital of 200 million yuan, and its partners include Shanghai Yanxi Chuangji and Zhongshan Hengdeshun Technology [3][7]. Group 3: Business Operations and Financial Performance - Xiaosong Co. primarily engages in home appliance and engineering construction businesses, with a projected loss of 15 million to 22.5 million yuan for 2025 [3][7]. - The company stated that the revenue and profit from Songguo Jiangxi's short drama business are currently low and will not have a significant impact on overall business performance [3][7].

Core Viewpoint - Ruian Real Estate Limited has announced the establishment of a joint venture for equity transfer and project asset management, with a total investment commitment of RMB 3.3002 billion [1] Group 1: Joint Venture Details - The joint venture will include partners such as Ruian General Partner, Shanghai Ruian, Manulife Financial Corporation, China Life Trust, and others, with Ruian General Partner and Shanghai Ruian committing approximately RMB 1.3366 billion [1][2] - The joint venture will hold 99% of the project company, and Ruian Real Estate will own 40.5% of the partnership interests through Ruian General Partner and Shanghai Ruian [2][3] Group 2: Project Company Information - The project company, Shanghai Xingqiao Real Estate Co., Ltd., is indirectly owned by Top Fountain Limited, which is held by Ruian Real Estate (45%), Manulife Financial Corporation (45%), and China Life Insurance (10%) [3] - The project assets include office buildings, shopping malls, and other facilities in Huangpu District, Shanghai, with a total saleable and rentable area of approximately 79,000 square meters [3] Group 3: Financial Performance and Strategic Benefits - For the first three quarters of 2025, the project company reported a pre-tax profit of approximately RMB 76 million and a post-tax profit of approximately RMB 51 million, with a net asset value of about RMB 5.505 billion [3] - The transaction allows for domestic investment in project assets, enables the project company to obtain domestic bank financing, and helps mitigate foreign exchange risks associated with offshore holdings [3]

Core Viewpoint - Ruian Real Estate Co., Ltd. has announced the establishment of a joint venture for equity transfer and project asset management, with a total investment commitment of RMB 3.3002 billion [1] Group 1: Joint Venture Details - The joint venture will include partners such as Ruian General Partner, Shanghai Ruian, Manulife Financial Corporation, China Life Trust, and others, with Ruian General Partner and Shanghai Ruian committing approximately RMB 1.3366 billion [2] - The joint venture will hold 99% of the equity in the project company, and Ruian Real Estate will own 40.5% of the partnership interests through its subsidiaries [2][3] Group 2: Project Company Information - The project company, Shanghai Xingqiao Real Estate Co., Ltd., is indirectly owned by Top Fountain Limited, which is held by Ruian Real Estate (45%), Manulife Financial Corporation (45%), and China Life Insurance (10%) [3] - The project assets include office buildings, shopping malls, and other facilities in Huangpu District, Shanghai, with a total saleable and rentable area of approximately 79,000 square meters [3] Group 3: Financial Performance - For the first three quarters of 2025, the project company reported a pre-tax profit of approximately RMB 76 million and a post-tax profit of approximately RMB 51 million, with a net asset value of approximately RMB 5.505 billion [3] - The transaction allows for domestic investment through the joint venture, enabling new investors to participate and facilitating domestic bank financing, which helps mitigate foreign exchange risks associated with overseas holdings [3]

Core Viewpoint - Ruian Real Estate (00272) has announced a partnership agreement for equity transfer and the establishment of a joint venture to manage project assets, including properties in Shanghai, with a total saleable and rentable area of approximately 79,000 square meters [1] Group 1: Transaction Details - The joint venture will hold 99% of the equity in the project company, with Ruian Real Estate owning 40.5% of the partnership interest through its subsidiaries [1] - The financial performance of the joint venture and project company will not be consolidated into the financial statements of Ruian Real Estate [1] Group 2: Strategic Implications - The transaction allows the company to convert overseas investments into domestic investments through the joint venture, enabling new investors to participate in the project assets [1] - The project company will be able to obtain domestic bank financing, which helps mitigate foreign exchange risks arising from mismatches between overseas holdings and the RMB income generated by the project assets [1] - Utilizing domestic financing is expected to lower the financing costs associated with the project assets [1]