FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 碧桂園控股有限公司 (於開曼群島註冊成立之有限公司) (「本公司」) 呈交日期： 2026年2月10日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | | 02007 | 說明 普通股 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股 ...

Core Viewpoint - Jinlei Co., Ltd. (300443.SZ) announced the resignation of its Chief Financial Officer (CFO), Zhu Xiaoyu, due to personal reasons, after serving for less than four months since her appointment on October 29, 2025 [2][11]. Group 1: Resignation of CFO - Zhu Xiaoyu, born in 1984, holds a PhD in Management Science and Engineering from Dalian University of Technology [2][11]. - Prior to joining Jinlei, Zhu served as CFO at Country Garden from December 2016 to December 2022 and at Zhejiang Hailiang Co., Ltd. from August 2023 to July 2025 [2][11]. Group 2: Appointment of New CFO - On February 9, 2026, the company announced the appointment of Zhou Li as the new CFO, who previously held the position before Zhu Xiaoyu [5][14]. - Zhou Li, born in 1974, graduated from Wuhan University with a degree in auditing and is a non-practicing Chinese Certified Public Accountant [5][14]. - Zhou has been with the company since July 2011 and served as CFO from August 2011 to October 2025, and has also been a board member and secretary since 2015 [5][14]. Group 3: Compensation Information - According to the company's 2024 annual report, Zhou Li received a pre-tax compensation of 811,700 yuan for the year 2024 [7][16].

当年那笔402亿的交易是震惊全世界。当时交易方案是这样，李嘉诚出售大楼75%的权益，套现402亿，这次交易也打破了全球摩天大楼的交易纪录。当时这 部分权益每年大约能收到10亿的租金。当年觉得李嘉诚卖亏了。第一有人觉得李嘉诚卖的价格太便宜了，要知道内地当时的租售比基本只有1%左右，中环 中心402亿卖的话，租售比已经达到2.5%了。第二很多人觉得这就是现金奶牛，每年可以轻轻松松收到10亿租金，何乐而不为了，卖掉之后还能卖到什么比 中环甲级写字楼更好的资产呢？ 可是现在才9年过去，一切就证明了李嘉诚的判断到底有多正确。这个许荣茂曾经也是内地首屈一指的大佬。六七年之前春晚的时候，他还曾经登上春晚， 并且捐出了一幅价值2亿人民币的国宝级画作。 李嘉诚眼光到底有多好？很多人都知道穿越周期，可到底怎么样才是穿越呢？如果你看不懂，那就找一个看得懂的，然后跟着他操作就可以了。比如说李嘉 诚就是这样一个指路明灯。 你可以怀疑他的人品，可是一定不能质疑他的眼光。放眼如今全中国，能有他这样的商业眼光跟布局的，也就他一个人。 最近世茂的老板许荣茂再次拆分香港中环中心出售，这次出售的是55楼的一个海景单元，成交价格是3400多万，大约 ...

Core Viewpoint - Country Garden (02007) announced the issuance of 123 million shares upon the conversion of zero-coupon mandatory convertible bonds (Mandatory Convertible Bonds A) starting from June 30, 2025, with a maturity of 78 months [1] Group 1 - The mandatory convertible bonds will be converted into shares, indicating a strategic move to raise equity capital [1] - The conversion is set to occur after a specified period, reflecting the company's long-term financing strategy [1] - The issuance of shares may impact the company's share structure and investor sentiment [1]

Core Viewpoint - Country Garden (碧桂园) announced the issuance of 123 million shares resulting from the conversion of zero-coupon mandatory convertible bonds, effective from June 30, 2025, for a term of 78 months [1] Group 1 - The mandatory convertible bonds (强制性可转换债券(A)) will be converted into equity, indicating a strategic move to strengthen the company's capital structure [1] - The issuance of 123 million shares reflects the company's efforts to manage its financial obligations and enhance liquidity [1]

Core Viewpoint - Country Garden (02007.HK) announced the conversion of zero-coupon mandatory convertible bonds into 123 million new shares, effective from February 9, 2026, with a maturity period of 78 months starting from June 30, 2025 [1] Group 1 - Company issued 123 million new shares as a result of the conversion of zero-coupon mandatory convertible bonds [1] - The bonds have a maturity period of 78 months, starting from June 30, 2025 [1] - The conversion date is set for February 9, 2026 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 碧桂園控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期： 2026年2月9日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 FF305 確認 根據《主板上市規則》第13.25C條 / 《GEM上市規則》第17.27C條，我們在此確認，據我們所知所信，第一章節所述的每項股份發行或庫存股份出售或轉讓已獲發行人董事會正式授權批准，並遵 照所有適用上市規則、法律及其他監管規定進行，並在適用的情況下： (註7) (i) 上市發行人已收取其在是次股份發行或庫存股份出售或轉讓應得的全部款項； (viii) 有關債券、借貸股份、票據或公司債券的信託契約/平邊契據經已製備及簽署，有關詳情已送呈公司註冊處處長存檔（如法律如此規定）。 第一章節註釋： ...

Core Viewpoint - The global stock market is experiencing a significant rebound, driven by key factors in the AI, solar energy, and real estate sectors [2][4]. Group 1: Market Performance - Asian markets opened strong, with the Shanghai Composite Index rising over 50 points, the ChiNext Index up more than 2%, and the Shenzhen Component Index increasing over 1.5% [2]. - Over 4,500 stocks in the Shanghai and Shenzhen markets saw gains, particularly in sectors like solar energy, film, computing hardware, and chemicals [2]. Group 2: Driving Factors - The rebound was catalyzed by Nvidia's nearly 8% surge, which reignited optimism in AI-related stocks [4]. - Tesla's plans to expand its solar cell manufacturing in the U.S. have positively impacted the solar energy sector, with a target of achieving 100 gigawatts of solar manufacturing capacity annually within three years [4]. - The real estate sector is showing signs of recovery, with significant increases in transaction volumes, particularly in first-tier and core second-tier cities [4]. Group 3: Sector Highlights - AI application stocks saw substantial gains, with companies like Rongxin Culture and Zhongwen Online hitting their daily price limits [4]. - The solar energy sector experienced notable increases, with Jin Jing Technology reaching its daily limit and other companies like JinkoSolar also seeing significant gains [4]. - The real estate market is stabilizing, with a reported year-on-year increase of 360.3% in new home transactions and 443.7% in second-hand home transactions across 43 cities [4]. Group 4: Market Variables - Despite the positive trends, three major uncertainties remain: ongoing deleveraging trends, weak indicators in U.S. leveraged loan markets, and potential liquidity risks stemming from Japan's economic policies and rising bond yields [7].

Group 1 - 73% of A-share real estate companies are expected to report losses for 2025, with 39 companies facing continuous losses [1][4] - Among the 72 companies that released performance forecasts, 53 are projected to incur losses, while only 19 are expected to be profitable, with 5 anticipating a decrease in net profit [1][4] - The overall performance of A-share listed real estate companies remains poor, with total net profit losses estimated at 1,471 billion yuan and total net profit losses excluding non-recurring items at 2,089 billion yuan for 2025 [10] Group 2 - The primary reasons for the decline in performance include reduced project profit recognition due to industry downturn, with nearly 83% of companies citing this as a factor, and 78% increasing asset impairment provisions [4] - Specific examples include China Merchants Shekou, which expects a significant drop in net profit due to reduced project deliveries and increased impairment provisions [8] - Kincor Holdings is notable for turning a profit due to debt restructuring, with expected net profit of 300-350 billion yuan, although its net profit excluding non-recurring items is still projected to be a loss of over 290 billion yuan [8][9] Group 3 - The market is currently in a bottoming phase, with January 2026 sales for the top 100 real estate companies reaching only 165.45 billion yuan, a significant decline in land transaction volume and value [14][17] - Despite the challenging market conditions, supportive policies are being implemented, including financial support measures and tax incentives aimed at revitalizing the real estate sector [17][18] - The ongoing debt restructuring of major real estate companies is seen as a positive development, potentially boosting industry confidence and paving the way for recovery [18]

讲起法拍房，我们身边的朋友最近都在关注这个词。说白了，法拍房就是被法院拿出来拍卖的房子。通常这些房子背后都有某种债务纠纷。而现在，法拍房 的数量一直在往上飙。2024年，全国挂拍的法拍房是37万套，比2023年的36.4万套还多了一点。但这还不是最疯狂的。到了2025年，全年挂拍量直接飙到了 71.9万套。这个增长速度，说明什么问题大家心里都清楚。 我有个在杭州做房产的朋友，给我看了一份2025年的数据。杭州十区的法拍房实际成交量是2286套，这比2024年的1433套足足增长了近60%。她说这反映出 来的就是楼市在做深度调整。而且法拍房成交的特点也挺有意思的。以前大家都在一拍的时候出手，希望能早点买到低价房。现在不一样了，超过46%的成 交都发生在二拍阶段，就是价格已经一再下降的那个时候，参拍者依然还在观望。这说明什么？说明就算房子再便宜，购房者都还在犹豫。 更扎心的是，全国法拍房的存量现在已经突破了600万套。今年根据预测，可能还要新增120万到130万套。这些数字加在一起，就像一把悬在市场上方的 剑，随时都可能掉下来砸人。法拍房的价格也在持续走低。平均折扣是6.8到7.6折左右，成交率只有14.5%左右 ...