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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 本公佈僅供參考之用而並不構成收購、購買或認購本公佈所述證券之邀請或要約。本公佈並非亦不 擬作為於美國出售本公司證券之要約或購買本公司證券要約之游說。本公佈所述證券概無及將不會 根據美國證券法或美國任何州之證券法登記，除根據美國證券法獲豁免或不受美國證券法所規限之 交易外，概不可在美國境內發售或出售。本公佈及其中所載資料不可直接或間接在或向美國發佈。 本公佈所述證券並無亦不會在美國公開發售。 Shui On Land Limited 瑞安房地產有限公司 * 緒言 （於開曼群島註冊成立之有限責任公司） （股份代號：272） 將由本公司擔保之 Shui On Development 於二零二九年到期之300,000,000美 元9.75% 優先票據 本公佈由本公司根據上市規則第13.09(2)(a)條及證券及期貨條例第XIVA部刊發。 茲提述本公司日期為二零二六年一月十九日之公佈，內容有關（其中包括）Shui ...

Core Viewpoint - Shui On Development, a wholly-owned subsidiary of the company, has announced a tender offer for its outstanding $400 million 5.50% senior notes due in 2026, with a maximum acceptance amount limit that will not exceed the new issuance amount [1] Group 1 - The company is concurrently issuing new notes targeted at institutional investors outside the United States [1] - The new notes are expected to be issued by Shui On Development and guaranteed by the company [1] - The completion of the concurrent issuance of new notes is contingent upon market conditions and investor interest [1] Group 2 - Any new notes sold under the concurrent issuance are anticipated to be sold at an issue price equal to or less than 100% of the principal amount of the new notes [1] - The new notes have received in-principle approval for listing on the New Exchange [1] - The New Exchange does not assume any responsibility for the accuracy of any statements made in this announcement [1]

Group 1 - The company, Shui On Development, a wholly-owned subsidiary of 瑞安房地产, announced a tender offer for its outstanding $400 million 5.50% senior notes due in 2026, with a maximum acceptance amount limit [1] - Shui On Development is concurrently issuing new notes targeted at institutional investors outside the United States, with the expectation that the new notes will be issued and guaranteed by the company [1] - The completion of the new note issuance is contingent upon market conditions and investor interest, with any new notes expected to be sold at an issue price equal to or less than 100% of the principal amount of the new notes [1] Group 2 - The new notes have received in-principle approval for listing on the New Exchange, although the New Exchange does not assume any responsibility for the accuracy of statements made in this announcement [1] - The new notes are approved for inclusion in the official listing of the New Exchange, and their listing does not serve as an indicator of the value of the company, Shui On Development, or the new notes [1] - There will be no application for the new notes to be listed in Hong Kong [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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不就因本公佈全部或任何部份內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 本公佈僅供參考之用而並不構成收購、購買或認購本公佈所述證券之邀請或要約。本公佈並非亦不 擬作為於美國出售本公司證券之要約或購買本公司證券要約之游說。本公佈所述證券概無及將不會 根據美國證券法或美國任何州之證券法登記，除根據美國證券法獲豁免或不受美國證券法所規限之 交易外，概不可在美國境內發售或出售。本公佈及其中所載資料不可直接或間接在或向美國發佈。 本公佈所述證券並無亦不會在美國公開發售。 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） (1) 就未償付 400,000,000 美 元 5.50% 於二零二六年到期之優先票據提出購買要約 及 (2) 將由本公司擔保之建議票據發行 聯席交易經理 (1) 於收購要約備忘錄日期。 – 2 – (2) 購買價不包括應計利息。有關應計利息將根據票據之條款及條件釐定。除支付購買價外，亦需 ...

Core Viewpoint - Ruian Real Estate (00272) announced the acquisition of land use rights in Minhang District, Shanghai, for a total consideration of RMB 664.3 million (approximately HKD 739 million), which is expected to enhance the company's land reserves and market share in the Shanghai residential market [1] Group 1: Acquisition Details - The acquisition involves a land parcel associated with the Zhaojialou project, which is part of an urban renewal initiative [1] - The location is strategically positioned near major transportation routes, including the Shanghai Shenjiahu Expressway and the Shanghai North-South Elevated Road, providing convenient access to downtown Shanghai [1] Group 2: Strategic Implications - The company believes that this acquisition will serve as a strategic supplement to its land reserves, thereby increasing its market share and influence in the Shanghai residential market [1] - The project is expected to preserve the unique historical and cultural aspects of the Pujiang Town in Minhang District and is anticipated to become a new landmark in Shanghai [1] - The acquisition is projected to generate significant property sales revenue and strengthen the company's financial position, reinforcing its leading status in the urban renewal sector in Shanghai [1]

Core Viewpoint - Ruian Real Estate (00272) has announced the acquisition of land use rights in Minhang District, Shanghai, for a total consideration of RMB 664.3 million (approximately HKD 739 million), which is expected to enhance the company's land reserves and market share in the Shanghai residential market [1]. Group 1 - The acquisition involves a land use rights transfer contract signed by the company's indirect non-wholly owned subsidiary, Shanghai Zhaolou, on January 16, 2026 [1]. - The acquired land is part of the Zhaojialou project, which is positioned as a redevelopment initiative, and is conveniently located near major transportation routes, including the Shanghai Shenjiahu Expressway and the Shanghai North-South Elevated Road [1]. - The project aims to preserve the unique historical and cultural aspects of Pujiang Town in Minhang District and is anticipated to become a new landmark in Shanghai [1]. Group 2 - The company believes that this acquisition will strategically supplement its land reserves, thereby increasing its market share and influence in the Shanghai residential market [1]. - The acquisition is expected to solidify the company's leading position in the urban renewal sector in Shanghai and is projected to generate significant property sales revenue, enhancing the company's financial standing [1].

Core Viewpoint - Ruian Real Estate (00272.HK) announced the acquisition of land use rights for a plot in Minhang District, Shanghai, for a consideration of RMB 664 million, which is expected to enhance the company's land reserves and market share in the Shanghai residential market [1] Group 1: Acquisition Details - The land plot is located in Pujiang Town, Minhang District, Shanghai, bordered by Jiajing Road to the east, Green Land (near Lao Yaojia River) to the south, Ruijia Road to the west, and Green Land (near Shendu Highway) to the north [1] - The plot is anticipated to be developed for residential purposes and is part of the Zhaojialou project, which is a redevelopment initiative [1] Group 2: Strategic Importance - The acquisition is viewed as a strategic supplement to the company's land reserves, expected to increase its market share and influence in the Shanghai residential market [1] - The project aims to preserve the unique historical culture of Pujiang Town and is expected to become a new landmark in Shanghai [1] Group 3: Financial Implications - The company anticipates that the acquisition will lead to significant property sales revenue and strengthen its financial position [1] - The project is expected to consolidate the company's leading position in the urban renewal sector in Shanghai [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） 須予披露交易 收購位於中國上海市閔行區的土地使用權 收購土地使用權 董事會欣然宣佈，於二零二六年一月十六日，本公司之間接非全資附屬公司上 海召樓透過掛牌出讓，就收購位於中國上海市閔行區的該地塊之土地使用權與 該機構訂立土地使用權出讓合同，對價為人民幣664,330,000元（相當於約港幣 739,130,000元）。 上市規則之涵義 由於上市規則第14.07條項下有關該交易之最高適用百分比率超過5%但少於 25%，該交易構成本公司之須予披露交易，並須遵守上市規則第14章項下申報及 公佈之規定，惟獲豁免遵守通函及股東批准之規定。 收購土地使用權 董事會欣然宣佈，於二零二六年一月十六日，本公司之間接非全資附屬公司上海召 樓透過掛牌出讓，就收購位於中國上海市閔行區的該地塊之土地使用權與該 ...

Core Viewpoint - Ruian Real Estate (00272) reported a total contract property sales of RMB 7.916 billion for the fiscal year 2025, indicating a strong performance in both residential and commercial property sectors [1] Group 1: Total Sales Performance - The cumulative contract property sales for 2025 reached RMB 7.916 billion, comprising RMB 7.246 billion from residential properties and RMB 670 million from commercial properties [1] - The total sold building area amounted to 130,466 square meters, with an average selling price of RMB 60,700 per square meter [1] - A total of 4,003 parking spaces were sold during the fiscal year 2025 [1] Group 2: Second Half Performance - In the second half of 2025, the contract property sales totaled RMB 4.443 billion, including RMB 3.956 billion from residential properties and RMB 487 million from commercial properties [1] - The sold building area in the second half was 67,932 square meters, with an average selling price of RMB 65,400 per square meter [1] - Additionally, 2,929 parking spaces were sold in the second half of 2025 [1] Group 3: Future Sales Expectations - As of December 31, 2025, the group has secured a total subscription sales amount of RMB 639 million, which is expected to be converted into formal contract property sales in the upcoming months [1]

Core Viewpoint - Ruian Real Estate (00272.HK) reported a total contract property sales of RMB 7.916 billion for the fiscal year 2025, indicating a strong performance in both residential and commercial property sectors [1] Group 1: Sales Performance - The cumulative contract property sales included RMB 7.246 billion from residential properties and RMB 0.670 billion from commercial properties [1] - The total sold building area reached 130,500 square meters, with an average selling price of RMB 60,700 per square meter [1] - In the second half of 2025, contract property sales amounted to RMB 4.443 billion, comprising RMB 3.956 billion from residential properties and RMB 0.487 billion from commercial properties [1] Group 2: Additional Sales Metrics - The sold building area in the second half of 2025 was 67,900 square meters, with an average selling price of RMB 65,400 per square meter [1] - A total of 4,003 parking spaces were sold during the fiscal year 2025 [1] - As of December 31, 2025, the group recorded a subscription sales total of RMB 639 million, which is expected to convert into formal contract property sales in the coming months [1]