Core Viewpoint - The company has reported its third-quarter financial results and significant developments regarding its asset restructuring plan, including a substantial asset impairment provision. Financial Data Summary - The company has not conducted an audit for the third-quarter financial statements [3][7] - The company reported a provision for asset impairment amounting to 21,241,494.62 yuan, primarily related to inventory of subsidiaries [11][15] - The company’s total land reserve increased by 31,280 square meters during the reporting period [15] - The construction area as of the end of the third quarter was 936,500 square meters, reflecting a 5.49% increase year-on-year [15] - The company achieved a contract sales area of 45,700 square meters, which is a 0.88% increase compared to the same period last year, while the contract sales amount was 797 million yuan, a decrease of 1.36% year-on-year [15] Shareholder Information - The company has not reported any changes in the number of shareholders or significant changes in the top ten shareholders due to share lending activities [4] Asset Restructuring Update - On September 19, 2025, the company’s board approved a significant adjustment to its major asset restructuring plan [5] - The company signed a change agreement regarding the major asset swap and fundraising on September 26, 2025, with several local enterprises [5] - There remains significant uncertainty regarding the final implementation of the adjusted restructuring plan, including the need for consensus with counterparties and necessary approvals [6]
天津津投城市开发股份有限公司 2025年第三季度报告