
Core Insights - Longfor Group Holdings Limited held its mid-year performance conference for 2025 on August 29, 2023 [1] - As of the first half of the year, Longfor has opened 89 shopping malls with a total construction area of 9.43 million square meters (including a total construction area of 12.56 million square meters with parking) [1] - Rental income reached 5.5 billion yuan, an increase of 4.9% compared to the previous year, with an overall occupancy rate of 96.8% [1] Business Expansion Plans - The General Manager of Commercial Investment, Bao Wei, announced that Longfor plans to open 10 new projects in the second half of the year [1] - The company aims to continue opening approximately ten new projects each year in 2026 and 2027 [1] Project Upgrades - In addition to mall operations, the company has undertaken spatial renovations and upgrades for key projects [1] - Bao Wei indicated that as these adjustments are gradually completed, they will generate greater incremental support for the overall development of the business [1]