| 证券代码：000736 | 证券简称：*ST | 中地 公告编号：2025-088 | | --- | --- | --- | | 债券代码：149610 | 债券简称：21 | 中交债 | | 债券代码：148551 | 债券简称：23 | 中交 06 | | 债券代码：134164 | 债券简称：25 | 中交 01 | | 债券代码：133965 | 债券简称：25 | 中交 02 | | 债券代码：134197 | 债券简称：25 | 中交 03 | 中交地产股份有限公司 2025 年第五次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、会议召开和出席的情况 （一）现场会议召开时间：2025 年 8 月 11 日 14：50 （二）现场会议召开地点：北京市西城区德胜门外大街 13 号院 1 号楼合生财富广场 15 层会议室 （三）召开方式：现场投票方式结合网络投票方式 （四）召集人：中交地产股份有限公司董事会 （五）主持人：董事长郭主龙先生 （六）会议的召开符合《公司法》、《股票上市规则》及公司《章 程》的规定。 （七）本 ...

法律意见书 北京市中洲律师事务所 关于中交地产股份有限公司 2025 年第五次临时股东大会的 法律意见书 中洲律券意字[2025]第 07 号 致：中交地产股份有限公司 北京市中洲律师事务所（以下简称"本所"）受贵公司的委托，指 派本所执业律师陈思佳、霍晴雯出席了贵公司 2025 年第五次临时股东 大会。根据《中华人民共和国证券法》（以下简称"证券法"）、《中华人 民共和国公司法》（以下简称"公司法"）和中国证监会《上市公司股东 大会规则》（以下简称"股东大会规则"）等法律、法规和规范性文件以 及《中交地产股份有限公司章程》（以下简称"章程"）的规定，本律师 就本次股东大会的召集、召开程序、召开方式、出席会议人员及会议召 集人资格以及表决程序和表决结果的合法有效性出具本法律意见。 为出具本法律意见书，本律师已对本次股东大会所涉及的有关事项 及文件资料进行了必要的核查和验证，且贵公司已对前述资料的真实性 和准确性向本所作了保证。 本法律意见书仅供贵公司为本次股东大会之适当目的使用，不得被 任何人用于其他任何目的。 本所同意贵公司将本法律意见书作为贵公司本次股东大会公告材 料，随其他文件一同公开披露，并对贵公司引 ...

Core Viewpoint - The company is undergoing a significant asset restructuring to transition into a light asset operation model, focusing on property management and asset operation, which reflects a strategic transformation in response to the deep adjustments in the real estate industry [1] Group 1: Industry Transformation - The central urban work conference emphasizes the governance concept of "People's City," promoting the shift of property services from traditional "community management" to broader "urban operation" [2] - Property companies with scalable management capabilities and standardized service systems are becoming crucial for refined urban governance [2] - The company has expanded its service capabilities to over 60 cities, covering various sectors including residential, commercial, public buildings, airports, ports, and schools, establishing a comprehensive urban operation capability [2] - As of the end of 2024, the managed property service area exceeds 62 million square meters, ranking the company among the top 23 in the industry [2] Group 2: Growth Logic Under State-Owned Enterprise Collaboration - The company benefits from the collaborative support of the China Communications Construction Group's full industrial chain resources, connecting development, construction, and operation [3] - This vertical integration allows the company to undertake its own group projects and provide systematic solutions to government and industrial sectors [3] - An example of successful property operation is the Shenzhen China Communications Technology City, achieving over 90% occupancy with more than a hundred enterprises, including several national high-tech companies [3] Group 3: Transition from Basic Services to Asset Empowerment - The company focuses on "comprehensive urban services" and "full transportation services," aiming to explore refined and technology-driven service models beyond standardization [4] - Plans for future optimization include digital empowerment, standard systems, product services, and talent mechanisms to create a distinctive service brand [4] - The company is also exploring transformation paths in commercial management and asset operation, promoting data-driven development and establishing replicable operational models [4] Group 4: Reconstructing the New Productive Forces - With the business switch, the company will transition from backend support in the development cycle to a more flexible and professional role in managing the entire lifecycle of urban spaces [5] - The strategic positioning of the company represents an important part of the China Communications Construction Group's push towards light asset, market-oriented, and technology-driven transformation [5] - The ability to leverage its state-owned enterprise background and urban resources to reconstruct industrial operational capabilities will be a focal point for market attention [5]

Group 1 - The company held its sixth meeting of the tenth board of directors on August 8, 2025, with all nine directors present, and the meeting was chaired by Chairman Guo Zhulong [1] - The board unanimously approved the proposal regarding the joint utilization of surplus funds from project companies with partners, with a voting result of 9 in favor, 0 against, and 0 abstentions [1] - The details of this proposal will be disclosed on August 9, 2025, in several financial newspapers and online platforms [2] Group 2 - The board also unanimously approved the proposal to convene the sixth extraordinary general meeting of shareholders in 2025, with the same voting result of 9 in favor, 0 against, and 0 abstentions [2] - The details of this shareholder meeting will also be disclosed on August 9, 2025, in various financial publications and online platforms [2]

Meeting Information - The company is convening its 2025 Sixth Extraordinary General Meeting of Shareholders [1] - The meeting will be held on August 25, 2025, with specific voting times outlined for both online and internet voting [1][2] - The meeting location is at He Sheng Wealth Plaza, Beijing [2] Attendance and Voting - All registered shareholders or their authorized agents are entitled to attend the meeting and vote [2] - Registration for attending the meeting is required, with specific documentation needed for both legal representatives and authorized agents [3] - The registration period is from August 21 to August 22, 2025 [3] Agenda and Proposals - The meeting will discuss various proposals, with detailed information to be disclosed on August 9, 2025 [2] - Shareholders can vote on proposals through the Shenzhen Stock Exchange trading system and internet voting system [3][4] Voting Procedures - Specific procedures for online voting are provided, including how to express voting opinions [4] - The voting process includes provisions for both individual proposals and a total proposal [4] Contact Information - The company has provided contact details for inquiries related to the meeting [3]

Group 1 - The company *ST Zhongdi (SZ 000736) announced on August 8 that its 10th Board of Directors held a meeting to discuss the proposal for jointly utilizing surplus funds from project companies with partners [2] - For the fiscal year 2024, the company's revenue composition is as follows: 93.87% from housing sales, 3.98% from property management, 1.21% from other sources, and 0.94% from leasing income [2]

| 证券代码：000736 | 证券简称：*ST | 中地 | 公告编号：2025-086 | | --- | --- | --- | --- | | 债券代码：149610 | 债券简称：21 | 中交债 | | | 债券代码：148551 | 债券简称：23 | 中交 06 | | | 债券代码：134164 | 债券简称：25 | 中交 01 | | | 债券代码：133965 | 债券简称：25 | 中交 02 | | | 债券代码：134197 | 债券简称：25 | 中交 03 | | 中交地产股份有限公司 关于与合作方共同调用项目公司富余资金的公告 重要内容提示： 中交地产股份有限公司（以下简称"公司"）控股子公司中交地 产（苏州）有限公司（以下简称"苏州公司"）拟与合作方苏州隽泽 房地产开发有限公司（以下简称"隽泽公司"）按持股比例以同等条 件继续调用苏州中交路劲地产有限公司（以下简称"中交路劲公司"） 富余资金，其中苏州公司拟调用不超过 40,800 万元，隽泽公司拟调 用金额不超过 39,200 万元。 一、与合作方调用项目公司富余资金情况概述 （一）简述 按照房地产公司经营惯例，公司与合 ...

| 证券代码：000736 | 证券简称：*ST | 中地 | 公告编号：2025-087 | | --- | --- | --- | --- | | 债券代码：149610 | 债券简称：21 | 中交债 | | | 债券代码：148551 | 债券简称：23 | 中交 06 | | | 债券代码：134164 | 债券简称：25 | 中交 01 | | | 债券代码：133965 | 债券简称：25 | 中交 02 | | | 债券代码：134197 | 债券简称：25 | 中交 03 | | 中交地产股份有限公司 关于召开 2025 年第六次临时股东大会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、召开会议的基本情况 （一）股东大会届次：2025 年第六次临时股东大会。 （二）召集人：经公司第十届董事会第六次会议审议通过，由公 司董事会召集本次股东大会。 （三）本次股东大会会议召开符合公司《章程》及有关法律、行 政法规等的规定。 （四）召开时间 2、网络投票方式：公司将通过深圳证券交易所交易系统和互联 网投票系统（http://wltp.c ...

本项议案详细情况于 2025 年 8 月 9 日在《中国证券报》、《证 券时报》、《上海证券报》、《证券日报》和巨潮资讯网上披露，公 告编号 2025-086。 | 证券代码：000736 | 证券简称：*ST | 中地 公告编号：2025-085 | | --- | --- | --- | | 债券代码：149610 | 债券简称：21 | 中交债 | | 债券代码：148551 | 债券简称：23 | 中交 06 | | 债券代码：134164 | 债券简称：25 | 中交 01 | | 债券代码：133965 | 债券简称：25 | 中交 02 | | 债券代码：134197 | 债券简称：25 | 中交 03 | 中交地产股份有限公司第十届董事会 第六次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 中交地产股份有限公司（以下简称"公司"）于 2025 年 8 月 4 日以书面方式发出了召开第十届董事会第六会议的通知，2025 年 8 月 8 日，公司第十届董事会第六次会议以现场结合通讯方式召开，会 议应到董事9人，实到董事9人。本次会议 ...

Core Viewpoint - The real estate industry is undergoing a structural adjustment, with companies shifting from "heavy asset development" to "light asset operation" in response to tightening financing and profit pressures [1][2]. Group 1: Strategic Divestiture - China Communications Real Estate (中交地产) announced a complete divestiture of its loss-making real estate business, focusing instead on property management and asset management, marking a significant shift towards light asset operations [2][3]. - The divested assets are primarily high-debt and cyclical projects, which will alleviate financial pressure and restore net asset safety margins for the company [2][3]. - This strategic move is not merely a reactive measure but a proactive adjustment towards building a sustainable business model, emphasizing the stability and replicability of light asset operations [2][3]. Group 2: Industry Trends - Other real estate companies have also made similar transitions, such as Huayuan Real Estate and Pearl River Shares, indicating a broader industry trend away from heavy asset models due to declining market risk appetite and stricter policy guidance [3]. - Companies that have shifted focus to light asset operations have generally experienced valuation recovery, with property management firms like China Merchants Jinling and Nandu Property showing significantly higher price-to-earnings ratios compared to traditional real estate developers [3]. Group 3: Central Enterprise Value Reassessment - As a subsidiary of China Communications Group, 中交地产 will operate its light asset business under the "China Communications Service" brand, leveraging the central enterprise's resource synergies [4]. - The company is expected to gain more opportunities for managing core assets due to the group's strategic positioning in major cities and transportation sectors [4]. - Unlike private property management firms that often expand in a scattered manner, central enterprise platforms emphasize resource integration, providing a higher starting point for operational space and project development [4]. Group 4: Conclusion - The divestiture of heavy assets is not a retreat but a repositioning for future growth, as companies like 中交地产 actively adjust to provide new valuation paradigms in the capital market [5]. - The transition to light asset operations is expected to improve financial conditions and operational efficiency, while also offering new growth potential for listed platforms [5]. - In the ongoing pursuit of high-quality development in the real estate sector, light asset operation platforms with central enterprise backgrounds and resource integration capabilities will become new focal points in the market [5].