(於香港註冊成立之有限公司) 股份代號 : 16 (港幣櫃台)及 80016 (人民幣櫃台) 董 事 名 單 與 其 角 色 和 職 能 新鴻基地產發展有限公司之董事局(「董事局」)成員及其角色和職能 如下:- 執行董事 郭顥澧 （郭炳聯之替代董事） 非執行董事 郭基俊 葉廸奇 王于漸 李家祥 馮國綸 梁乃鵬 梁高美懿 范鴻齡 - 1 - 郭炳聯 （主席兼董事總經理） 黃植榮 （副董事總經理） 雷 霆 （副董事總經理） 郭基煇 郭基泓 董子豪 馮玉麟 陳康祺 此外，董事局成員於以下董事局委員會亦有擔任職位:- 獨立非執行董事 陳康祺 審核及風險管理委員會 李家祥* 葉廸奇 梁乃鵬 王于漸 薪酬委員會 王于漸* 李家祥 梁乃鵬 提名委員會 執行委員會 郭炳聯 （郭顥澧為其替代董事） 黃植榮 雷 霆 郭基煇 郭基泓 董子豪 馮玉麟 王于漸* 葉廸奇 梁乃鵬 梁高美懿 * 委 員 會 主 席 香港，二○二六年三月三十一日 - 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分內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 於本公告所載之日，本公司董事局由八名執行董事郭炳聯 (主席兼董事總經理) (郭顥澧為 其替代董事)、黃植榮(副董事總經理)、雷霆(副董事總經理)、郭基煇、郭基泓、董子豪、 馮玉麟及陳康祺；一名非執行董事郭基俊；以及七名獨立非執行董事葉廸奇、王于漸、 李家祥、馮國綸、梁乃鵬、梁高美懿及范鴻齡組成。 關先生已確認他與本公司董事局並無意見分歧，亦不知悉有任何有關其辭任之 事項需知會本公司證券持有人。 關先生於一九九九年獲委任為本公司之董事，至今已服務本公司董事局超過 二十六年。本公司董事局對關先生不懈的支持，以及他在任期間向本集團 提供的寶貴意見及貢獻表示感謝。 承董事 局 命 公司秘書 容上達 香港，二○二六年三月三十一日 (於香港註冊成立之有限公司) 股份代號 : 16 ( 港幣櫃台 ) 及 80016 ( 人民幣櫃台 ) 非 執 行 董 事 之 辭 任 新鴻基地產發展有限公司（「本公司」）董事局（「董事 ...

(於香港註冊成立之有限公司) 股份代號 : 16 ( 港幣櫃台 ) 及 80016 ( 人民幣櫃台 ) 通 知 信 函 敬啟者： 新鴻基地產發展有限公司（「本公司」） – 二○二五至二六年中期報告（「中期報告」）及以電子方式發布公司通訊之安排 此致 各位新登記股東 台照 公司秘書 容上達 謹啟 本公司欣然附上中期報告之雙語印刷本。 公司通訊 ( 附 註 1) 已登載於本公司網站 www.shkp.com 及 香 港 交 易 及 結 算 所 有 限 公 司 （「 港交所 」） 網 站 www.hkexnews.hk。 閣下可(i)在本公司網站主頁選單中按「投資者關係」一項，並確認及同意「投資者關係」的 免責聲明，再選擇「財務業績及報告」項（以閱覽中期報告及年報）及選擇「公告」項（以閱覽公司通訊之其他 文件）；或(ii)透過港交所網站，瀏覽公司通訊。 根據香港聯合交易所有限公司證券上市規則（「上市規則」）、公司條例（香港法例第 622 章）以及本公司的組織章程 細則，本公司已透過本公司及港交所網站採用電子方式發布公司通訊，以取代寄發印刷本。本公司僅會應 閣下的 書面要求，寄發日後刊發之公司通訊印刷本。若 閣下欲收 ...

Financial Performance - The group's revenue for the six months ended December 31, 2025, was HKD 52,705 million, representing a 32.0% increase compared to HKD 39,933 million in the same period last year[8]. - The attributable profit to shareholders for the same period was HKD 10,247 million, up 36.2% from HKD 7,523 million year-on-year[8]. - Basic earnings per share were HKD 3.54, a 36.2% increase from HKD 2.60 in the previous year[11]. - Operating profit rose to HKD 13,398 million, up 10.7% from HKD 12,098 million year-on-year[60]. - The total comprehensive income for the six months was HKD 12,317 million, compared to HKD 6,749 million in the same period last year[61]. - The company reported a net profit of HKD 10,585 million for the period, reflecting a strong performance across various segments[70]. - The group reported a basic underlying profit of HKD 12,213 million for the six months ending December 31, 2025, compared to HKD 10,463 million in 2024[88]. Property Development - The profit from property development for the period was HKD 48,855 million, significantly up from HKD 25,600 million in the previous year[13]. - The group recorded a total contract sales amount of approximately HKD 189 billion during the period[13]. - The group recorded a contract sales amount of approximately HKD 17.4 billion during the review period, with significant contributions from various completed projects[17]. - The average gross profit margin for newly completed development projects was approximately 8%, down from 15% in the same period last year[118]. - The group completed the sale of several residential units, generating net income of HKD 2.59 billion, with a gross profit margin of 71%[119]. - The group's unrecognized contract sales revenue amounted to HKD 26.3 billion, with HKD 22.2 billion expected to be recognized in the current fiscal year[120]. Rental Income - The total rental income for the group was HKD 12,285 million, remaining stable compared to HKD 12,280 million last year[8]. - The total rental income, including joint ventures and associates, was HKD 122,855 million, while net rental income decreased by 1% to HKD 89,500 million[14]. - The average occupancy rate of the shopping mall portfolio was 94% during the review period, reflecting improved consumer confidence and increased visitor numbers[21]. - The group’s total rental income remained stable at HKD 8.79 billion, with a high overall occupancy rate across its property investment portfolio[20]. - Rental income from Hong Kong investment properties remained stable at HKD 8.797 billion, with net rental income decreasing by 1% to HKD 6.265 billion[120]. Dividends and Shareholder Returns - The interim dividend declared was HKD 0.98 per share, a 3.2% increase from HKD 0.95 in the same period last year[12]. - The company paid dividends totaling HKD 8,114 million for the year-end dividend, consistent with the previous year[66]. - The interim results for the six months ending December 31, 2025, are unaudited but have been reviewed by Deloitte according to the relevant standards[194]. Financial Position - The group's net debt ratio is 13.5%, with an interest coverage ratio of 8.7 times[41]. - The group received an A+ credit rating from S&P, with a stable outlook, and maintains an A1 rating from Moody's[41]. - Total assets as of December 31, 2025, amounted to HKD 741,024 million, a slight decrease from HKD 746,801 million as of June 30, 2025[62]. - Cash and cash equivalents at the end of the period increased to HKD 18,955 million from HKD 14,226 million, marking a rise of 33.5%[63]. - The company’s total equity as of December 31, 2025, was HKD 626,409 million, up from HKD 622,374 million as of June 30, 2025[62]. - Net debt decreased to HKD 836.5 billion from HKD 932.9 billion, a reduction of HKD 96.5 billion, mainly due to cash inflows from property sales and reduced construction expenditures[130]. Technology and Innovation - The group is leveraging artificial intelligence and 5G technology to create a comprehensive smart living ecosystem in its new residential projects[18]. - The Point membership program has over 3 million members, with the introduction of The Point Gold membership level to enhance customer service and loyalty[23]. - The group is focused on enhancing its digital services across various sectors, including residential, retail, and hospitality[38]. - SmarTone PRIORITY service ensures high-speed internet during peak hours using 5G technology[38]. - New AI Connect service allows users easy access to global AI platforms[38]. Sustainability and Corporate Responsibility - The solar power plant in Tseung Kwan O is expected to generate 1.2 million kWh of green electricity annually, reducing CO2 emissions by 468 tons[44]. - The group has installed 20,000 solar panels across managed properties and construction sites, producing approximately 9 million kWh of electricity and reducing emissions by about 3,800 tons annually, with plans to increase to 24,000 panels by the end of 2026[44]. - The group achieved an AA rating in the MSCI ESG ratings and was included in the Dow Jones Sustainability Asia Pacific Index[43]. - The group continues to maintain a AAA rating in the Hang Seng Sustainable Development Corporate Index for six consecutive years[43]. - The group donated HKD 20 million for emergency support following the Tai Po fire, and provided 160 hotel rooms for affected residents[45]. Governance and Management - The company has no service contracts with its directors, and their remuneration is subject to approval at the annual general meeting[172]. - The board consists of two non-executive directors and seven independent non-executive directors, providing a balanced distribution of power and sufficient safeguards[195]. - All executive directors are also senior management personnel within the company, indicating a unified leadership structure[173]. - The company’s compensation policy for directors considers market benchmarks, individual contributions, and the company's affordability[190]. Market Outlook - The group anticipates moderate global economic growth by 2026, driven by easing US interest rates and strengthened consumer confidence in mainland China[48]. - The group remains confident in the long-term development prospects of Hong Kong and mainland China, ready to seize opportunities arising from economic transformation[52].

(於香港註冊成立之有限公司) 股份代號 : 16 (港幣櫃台)及 80016 (人民幣櫃台) 董 事 名 單 與 其 角 色 和 職 能 執行董事 郭炳聯 （主席兼董事總經理） 郭基泓 新鴻基地產發展有限公司之董事局(「董事局」)成員及其角色和職能 如下:- 董子豪 馮玉麟 陳康祺 郭顥澧 （郭炳聯之替代董事） 非執行董事 關卓然 郭基俊 獨立非執行董事 葉廸奇 王于漸 李家祥 馮國綸 梁乃鵬 梁高美懿 范鴻齡 - 1 - 黃植榮 （副董事總經理） 雷 霆 （副董事總經理） 郭基煇 此外，董事局成員於以下董事局委員會亦有擔任職位:- 執行委員會 郭炳聯 （郭顥澧為其替代董事） 黃植榮 提名委員會 雷 霆 郭基煇 郭基泓 董子豪 馮玉麟 陳康祺 審核及風險管理委員會 李家祥* 葉廸奇 梁乃鵬 王于漸 薪酬委員會 王于漸* 李家祥 關卓然 梁乃鵬 王于漸* 關卓然 葉廸奇 梁乃鵬 梁高美懿 （於二○二六年二月三日起生效） * 委 員 會 主 席 香港，二○二六年三月五日 - 2 - ...

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: | 2026年2月28日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 新鴻基地產發展有限公司 | | | 呈交日期: | 2026年3月2日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.2.0 第 2 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 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) | 00016 | | 說明 | | | | | | | 多櫃檯證券代號 | 80016 | RMB 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行 ...

Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of HKD 164.37 [1][5]. Core Insights - The company reported a strong revenue growth of HKD 52.7 billion for FY1H26, representing a year-on-year increase of 32%. The core net profit attributable to shareholders was HKD 12.2 billion, up 17% year-on-year, while the interim dividend per share (DPS) was HKD 0.98, a 3% increase from the previous year [1][2]. - The impressive growth in core net profit is attributed to several factors, including the release of profits from mainland property development, sales of investment properties in Hong Kong, and a reduction in interest expenses [2][3]. - The company is actively expanding its land reserves in Hong Kong after reducing its debt levels, taking advantage of the recovery in the Hong Kong real estate market [3][4]. Revenue and Profitability - The property development segment in Hong Kong saw a 30% decline in sales to HKD 17.4 billion, but subsequent sales from the SIERRA SEA Phase II project contributed HKD 9 billion. The company expects total sales for FY26 to reach HKD 35 billion [3]. - The rental segment demonstrated resilience, with rental income and profits remaining stable despite pressures in the commercial real estate market. The rental yield per square meter in Hong Kong and mainland China only saw a slight decline of 1% year-on-year [4][5]. Profit Forecast and Valuation - The forecast for core net profit for FY26-28 is adjusted to HKD 23.3 billion, HKD 24.5 billion, and HKD 25.4 billion respectively, reflecting a 4% and 3% increase for FY26 and FY27, but a 6% decrease for FY28 due to adjustments in property price assumptions and rental yield expectations [5][34]. - The company’s net asset value (NAV) is estimated at HKD 635.1 billion, with a current share price reflecting a 38% discount to NAV. The target price is adjusted to HKD 164.37, considering the recovery trends in the Hong Kong real estate market [5][25].

Group 1 - The Hang Seng Index rose by 0.95%, while the Hang Seng Tech Index increased by 0.56% [1] - New World Development saw a rise of over 7%, WuXi Biologics increased by over 5%, SenseTime rose nearly 5%, and China Shenhua Energy gained over 4% [1] - Longfor Group, CSPC Pharmaceutical Group, and WuXi AppTec all experienced gains of over 3% [1]

Market Overview - The Hong Kong stock market rebounded with the Hang Seng Index rising by 0.95% to close at 26,630.54 points, with a total turnover of HKD 288.42 billion. The Hang Seng China Enterprises Index increased by 0.51%, while the Hang Seng Tech Index rose by 0.56%. However, for the month, the Hang Seng Index fell by 2.76%, the China Enterprises Index by 4.91%, and the Tech Index by 10.15% [1] Blue-Chip Stocks Performance - Sun Hung Kai Properties (00016) reached a new high, closing up 7.12% at HKD 146, contributing 22.72 points to the Hang Seng Index. Morgan Stanley reported a 17% year-on-year profit growth for the first half of 2026, significantly above their expected 4% increase, driven by better-than-expected profits from mainland property developments [2] - Other blue-chip stocks included WuXi Biologics (02269) up 5.07%, China Shenhua Energy (01088) up 4.03%, while China Biologic Products (01177) fell by 1.63%, and Budweiser APAC (01876) dropped by 1.39% [2] Sector Highlights Technology Sector - Major tech stocks showed recovery, with Tencent rising by 1.17% and Meituan by 0.87%. The prices of tungsten and rare earth metals increased significantly, with Jiaxin International Resources surging over 15% to a new high [3] - The demand for rare earths is reportedly increasing, with suppliers in the aerospace and semiconductor sectors facing shortages [3] Pharmaceutical Sector - The pharmaceutical sector saw most stocks rebound, with WuXi AppTec (02268) up 8.23% and Basilea Pharmaceutica (02616) up 7.05%. Recent earnings reports from several biotech firms showed strong performance, indicating a potential continuation of high growth in the sector [4] Power Sector - The power sector performed well, with Huaneng International (00902) rising by 6.54% and Datang International Power Generation (00991) up 6.43%. The recent announcement from the National Energy Administration regarding new power system construction capabilities has positively impacted this sector [5] Airline Sector - Major airlines experienced collective declines, with China Southern Airlines (01055) down 5.01% and China Eastern Airlines (00670) down 4.31%. The People's Bank of China announced a reduction in the foreign exchange risk reserve ratio, which may stabilize market expectations [6] MSCI Index Changes - The MSCI China Index will see changes post-market close, adding 37 new constituent stocks, including four Hong Kong stocks. This adjustment aims to enhance market representation and liquidity [7] Notable Stock Movements - JunDa Holdings (02865) surged by 23.69% due to its collaboration with a research institute on new battery technologies [8] - DCH Holdings (00179) rose by 17.4% as it enters the humanoid robot components market [9] - Lao Pu Gold (06181) saw a 3.58% increase following a successful promotional event [10] - Baidu Cloud (06608) issued a profit warning, predicting a significant decline in net profit due to increased investments in AI [11] - China Everbright Water (01857) fell by 12.5% after reporting a revenue decrease of 22% [12]

Market Overview - The Hong Kong stock market rebounded with the Hang Seng Index rising by 0.95% to close at 26,630.54 points, with a total turnover of HKD 288.42 billion. The Hang Seng China Enterprises Index increased by 0.51%, while the Hang Seng Tech Index rose by 0.56%. However, for the month, the Hang Seng Index fell by 2.76%, the China Enterprises Index dropped by 4.91%, and the Tech Index decreased by 10.15% [1] Blue-Chip Stocks Performance - Sun Hung Kai Properties (00016) reached a new high, closing up 7.12% at HKD 146, contributing 22.72 points to the Hang Seng Index. Morgan Stanley reported a 17% year-on-year profit growth for the first half of 2026, significantly above their expected 4% increase, driven by better-than-expected profits from mainland property developments. This marks the first increase in interim dividends in three years, indicating management's confidence [2] - Other blue-chip stocks included WuXi Biologics (02269) up 5.07%, China Shenhua Energy (01088) up 4.03%, while China Biologic Products (01177) fell by 1.63%, and Budweiser APAC (01876) dropped by 1.39% [2] Sector Highlights Technology Sector - Major tech stocks showed recovery, with Tencent rising by 1.17% and Meituan by 0.87%. The prices of tungsten and rare earth metals have shown a significant upward trend, with Jiaxin International Resources surging over 15% to a new high [3] Pharmaceutical Sector - The pharmaceutical sector saw most stocks rebound, with WuXi AppTec (02268) up 8.23%, and several companies reporting strong earnings. For instance, BeiGene reported a 40.4% year-on-year revenue increase for 2025, while Zai Lab's revenue for Q4 2025 grew by 17% [4] Power Sector - Power stocks performed well, with Huaneng International (00902) rising by 6.54%, and Datang International Power Generation (00991) up 6.43%. The recent announcement of pilot projects for new power systems by the National Energy Administration has positively impacted this sector [5] Airline Sector - Major airlines experienced collective declines, with China Southern Airlines (01055) down 5.01%, China Eastern Airlines (00670) down 4.31%, and Air China (00753) down 4.1%. The People's Bank of China announced a reduction in the foreign exchange risk reserve ratio, which may stabilize market expectations [6] MSCI Index Changes - The MSCI China Index will see changes post-market close, adding 37 new constituent stocks, including four Hong Kong stocks. This adjustment aims to enhance market representation and liquidity, with expected passive fund inflows following the changes [7] Notable Stock Movements - Junda Holdings (02865) surged by 23.69% after announcing a partnership with a research institute to develop new battery technologies [8] - DCH Holdings (00179) rose by 17.4% as it enters the humanoid robot components market, collaborating with well-known manufacturers [9] - China Everbright Water (01857) fell by 12.5% after reporting a 22% decrease in revenue for the year ending December 31, 2025 [12]