绿城管理斥资约158.62万港元回购55万股股份，中期业绩稳健并首派中期息

Core Viewpoint - Greentown Management Holdings (9979.HK) demonstrates strong confidence in its future development and long-term value through a share buyback of approximately HKD 1.5862 million, repurchasing 552,000 shares at a price range of HKD 2.85 to 2.90 per share [1] Financial Performance - The mid-term financial report indicates that Greentown Management's newly expanded agency fees increased by 19% year-on-year, while the newly expanded construction area grew by 14% year-on-year [1] - Operating net cash flow and sales amount both achieved year-on-year growth, with a maintained high net profit margin of 19% [1] - The company implemented its first mid-term dividend, declaring a dividend of HKD 0.076 per share [1] Analyst Ratings - CICC has upgraded the stock rating of Greentown Management Holdings to outperform the industry, maintaining a target price of HKD 3.20, reflecting improved front-end operating trends and the additional support from a high dividend yield [1] - The positive changes in front-end operating indicators are believed to support the company's future performance and stabilize operating cash flow [1]