2026年1月，绿城集团取得合同销售面积约22万平方米，合同销售金额约人民币63亿元；其中归属于绿 城集团的权益金额约为人民币42亿元。 央广网北京2月6日消息（记者门庭婷）2月5日，绿城中国发布截至2026年1月31日止一个月未经审核营 运数据。 2026年1月，绿城集团自投项目取得销售1179套，销售面积约18万平方米，当月销售金额约为人民币61 亿元，销售均价约为每平方米人民币34345元。 于2026年1月31日，另有累计已签认购协议未转销售合同的金额约人民币28亿元，其中归属于绿城集团 的权益金额约为人民币18亿元。 2026年1月，绿城集团代建项目取得销售面积约25万平方米，销售金额约人民币34亿元。 综上，截至2026年1月31日止一个月，绿城集团累计取得总合同销售面积约47万平方米，总合同销售金 额约人民币97亿元。 ...

2026年1月，绿城集团取得合同销售面积约22万平方米，合同销售金额约人民币63亿元；其中归属于绿 城集团的权益金额约为人民币42亿元。 综上，截至2026年1月31日止一个月，绿城集团累计取得总合同销售面积约47万平方米，总合同销售金 额约人民币97亿元。 2月5日，绿城中国发布公告称，公司董事会公布公司与其附属公司连同其合营企业及联营公司（绿城集 团）截至2026年1月31日止一个月若干未经审核营运数据如下： 2026年1月，绿城集团代建项目取得销售面积约25万平方米，销售金额约人民币34亿元。 2026年1月，绿城集团自投项目取得销售1,179套，销售面积约18万平方米，当月销售金额约为人民币61 亿元，销售均价约为每平方米人民币34,345元。 于2026年1月31日，另有累计已签认购协议未转销售合同的金额约人民币28亿元，其中归属于绿城集团 的权益金额约为人民币18亿元。 ...

Market Overview - The Hang Seng Index is expected to hold at 26,000 points, influenced by the hawkish stance of the newly appointed Federal Reserve Chair and a rebound in the US dollar index, which has led to profit-taking in the commodity market [2] - The Chinese government is anticipated to focus on expanding domestic demand and technological self-sufficiency in the first quarter of 2026, as it marks the beginning of the 14th Five-Year Plan [2] - There is a projected GDP growth target for China in 2026 set between 4.5% and 5%, lower than the approximately 5% target for 2025, with many provinces lowering their GDP targets ahead of the Two Sessions [2] Sector Focus - Macau gaming stocks are viewed positively due to January's gambling revenue exceeding expectations, with the upcoming Spring Festival serving as a catalyst for growth [3] Corporate News - Syngenta, a subsidiary of China National Chemical Corporation, plans to raise up to $10 billion in an IPO in Hong Kong, potentially becoming one of the largest IPOs globally [5] - Lanke Technology has priced its shares at 106.89 HKD, aiming to raise 7 billion HKD [5] - Meituan is set to acquire a fresh food e-commerce business for $717 million [5] - NIO is expected to report an adjusted operating profit of over 700 million RMB for the last quarter [5] - MGM China anticipates an adjusted EBITDAR increase of nearly 11% by 2025 [5] Macro Focus - The US Federal Reserve maintained interest rates in January, indicating a positive outlook on economic activity, while suggesting a cautious approach to future rate adjustments based on economic data [6] - The European Central Bank and the Bank of England both kept interest rates unchanged, aligning with market expectations [6] - China's logistics industry maintained an expansionary stance with a logistics prosperity index of 51.2 in January [8] - The Chinese commodity price index rose by 6.3% month-on-month in January, marking a three-and-a-half-year high [8] Industry Insights - The Chinese photovoltaic industry is expected to see a significant decline in new installed capacity in 2026, with estimates ranging from 180 to 240 GW, a decrease of 23.8% to 42.9% from the previous year's record [8] - China's gold consumption is projected to decline to 950.1 tons in 2025, a year-on-year decrease of 3.57%, while production is expected to increase by over 1% [8] - The Chinese market is experiencing a significant shortage of memory chips, prompting major PC manufacturers like HP and Dell to consider sourcing from Chinese manufacturers [9]

Core Viewpoint - The real estate market in major cities has entered a traditional seasonal downturn, characterized by overall cooling, increasing differentiation, and some bright spots. Supply and demand are contracting simultaneously, with developers showing low enthusiasm for sales and buyers exhibiting strong wait-and-see sentiment, leading to a prominent "look but don't buy" phenomenon [3][4]. Supply and Demand Dynamics - The real estate market is experiencing a cyclical downturn, with new home supply and demand both decreasing significantly. In many cities, new home transaction areas have dropped by 30% to 60% month-on-month, and year-on-year figures show a 20% decline, marking the lowest monthly figure in nearly a year [4]. - Developers are entering a rest period, significantly reducing the scale of new launches, with cities like Shenzhen and Nanjing experiencing supply gaps. The average absorption rate for new projects in Shanghai was only 16% in January [4]. Market Differentiation - Differentiation is evident across various dimensions: - Between cities and within city districts, core first-tier and strong second-tier cities (like Shenzhen and Hangzhou) show slightly higher visitor and subscription activity, while weaker second-tier and suburban areas are experiencing significant cooling [3]. - Product differentiation is notable, with affordable housing and high-end projects performing well, while ordinary improvement and suburban affordable housing continue to struggle [3]. - The second-hand housing market is becoming increasingly dominant, with transaction activity significantly outpacing new homes [3]. Land Market Trends - The land market is characterized by slowed supply, bottom-price transactions, and dominance by state-owned enterprises. Most cities are seeing a decline in transaction volume, with only a few core plots attracting interest, primarily from state-owned and central enterprises [5]. High-End Project Performance - High-end improvement projects in core locations are achieving high absorption rates, with cities like Hangzhou and Tianjin reporting rates of 62% and 68%, respectively. Notable projects include Shanghai's Taikoo Li, which sold 50 out of 60 units on the first day, achieving an 83% absorption rate [7]. Second-Hand Market Activity - In January, the transaction area for second-hand homes in 20 major cities reached approximately 1,483 million square meters, a month-on-month increase of 10% and a year-on-year increase of 25%, marking the second-highest level in 13 months [15]. - The second-hand market is showing a trend of stable volume and weak prices, with many cities experiencing price declines, particularly in lower-priced segments [17][20]. Future Outlook - The market is expected to continue its seasonal downturn in February due to the impact of the Spring Festival, with both new and second-hand home transactions likely to decline. However, a recovery is anticipated in March, with the potential for a "small spring" in the market as quality projects are launched [22].

Major Events - Genting New Year (01952) subsidiary signed an agreement with Macao to commercialize MT1013 in Greater China and other Asian markets [1] - Junshi Biosciences (02696) entered into a licensing agreement with Eisai for Hansizhuang® to treat tumor indications [1] - Meituan-W (03690) plans to acquire all issued shares of Dingdong Fresh Holding Limited [1] - China Power (02380) subsidiary Xinyuan Zhichu signed a procurement contract for BESS with Tori [1] - Aimee Vaccine (06660) successfully passed the registration site inspection for its globally self-researched serum-free rabies vaccine [1] Operating Performance - NIO-SW (09866) issued a profit warning, expecting adjusted operating profit of 700 million to 1.2 billion yuan in Q4 2025, turning from loss to profit year-on-year [1] - Saint Bella (02508) issued a profit warning, expecting adjusted net profit of no less than 120 million yuan for 2025, a year-on-year increase of no less than 183% [1] - Geek+ (02590) achieved orders of 4.137 billion yuan in 2025, a year-on-year growth of approximately 31.7% [1] - China Overseas Development (00688) achieved contract property sales of approximately 14.478 billion yuan in January, a year-on-year increase of 20.4% [1] - Swire Properties (01972) reported a rental rate of 96% for Swire Plaza in Q4, with rents down by 13% [1] - Greentown China (03900) reported total contract sales of approximately 9.7 billion yuan in January, a year-on-year decrease of 14.16% [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 綠城中國控股有限公司 呈交日期: 2026年2月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03900 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.1 HKD | | 1,000,000,000 | 本月底法定/註冊股本總額： HKD ...

Summary of Key Points Core Viewpoint - Greentown China (03900) reported a total contract sales area of approximately 470,000 square meters and total contract sales amounting to about RMB 9.7 billion for January 2026, reflecting a year-on-year decrease of 14.16% [1] Group 1: Sales Performance - In January 2026, Greentown Group achieved sales of 1,179 units, with a sales area of approximately 180,000 square meters and a sales amount of around RMB 6.1 billion, resulting in an average selling price of approximately RMB 34,345 per square meter [1] - The contract sales area for Greentown Group in January 2026 was approximately 220,000 square meters, with a contract sales amount of about RMB 6.3 billion, of which the attributable equity amount to Greentown Group was approximately RMB 4.2 billion [1] - The sales area from entrusted projects in January 2026 was approximately 250,000 square meters, with a sales amount of around RMB 3.4 billion [1] Group 2: Contract Sales and Agreements - As of January 31, 2026, there were cumulative signed subscription agreements not yet converted to sales contracts amounting to approximately RMB 2.8 billion, with the attributable equity amount to Greentown Group being around RMB 1.8 billion [1]

Core Viewpoint - Greentown China (03900.HK) reported significant sales performance in January 2026, indicating strong market activity and potential growth opportunities in the real estate sector [1] Sales Performance - In January 2026, Greentown Group achieved sales of 1,179 units, with a total sales area of approximately 180,000 square meters and a sales amount of about RMB 6.1 billion, resulting in an average selling price of approximately RMB 34,345 per square meter [1] - The total contracted sales area for January 2026 was approximately 220,000 square meters, with a total contracted sales amount of about RMB 6.3 billion, of which the equity amount attributable to Greentown Group was approximately RMB 4.2 billion [1] - As of January 31, 2026, there were additional signed purchase agreements not yet converted to sales contracts amounting to approximately RMB 2.8 billion, with an equity amount attributable to Greentown Group of about RMB 1.8 billion [1] - Greentown Group's entrusted projects recorded a sales area of approximately 250,000 square meters and a sales amount of about RMB 3.4 billion in January 2026 [1] - Cumulatively, as of January 31, 2026, Greentown Group achieved a total contracted sales area of approximately 470,000 square meters and a total contracted sales amount of about RMB 9.7 billion [1]

2026年1月，绿城集团代建项目取得销售面积约25万平方米，销售金额约人民币34亿元。 综上，截至2026年1月31日止一个月，绿城集团累计取得总合同销售面积约47万平方米，总合同销售金 额约人民币97亿元，同比减少14.16%。 智通财经APP讯，绿城中国(03900)公布，2026年1月，绿城集团自投项目取得销售1,179套，销售面积约 18万平方米，当月销售金额约为人民币61亿元，销售均价约为每平方米人民币34,345元。2026年1月， 绿城集团取得合同销售面积约22万平方米，合同销售金额约人民币63亿元;其中归属于绿城集团的权益 金额约为人民币42亿元。于2026年1月31日，另有累计已签认购协议未转销售合同的金额约人民币28亿 元，其中归属于绿城集团的权益金额约为人民币18亿元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 GREENTOWN CHINA HOLDINGS LIMITED 承董事會命 綠城中國控股有限公司 2026年1月，綠 城 集 團 自 投 項 目 取 得 銷 售1,179套，銷 售 面 積 約18萬 平 方 米，當 月 銷售金額**約為人民幣61億 元，銷 售 均 價 約 為 每 平 方 米 人 民 幣34,345元。2026年 1月，綠 城 集 團 取 得 合 同 銷 售 面 積 約22萬 平 方 米，合 同 銷 售 金 額 約 人 民 幣63億 元；其 中 歸 屬 於 綠 城 集 團 的 權 益 金 額 約 為 人 民 幣42億 元。於2026年1月31日，另 有累計已簽認購協議未轉銷售合同的金額約人民幣28億 元，其 中 歸 屬 於 綠 城 集團的權益金額約為人民幣18億 元。 2026年1月，綠 城 集 團 代 建 項 目 取 得 銷 售 ...