中新网南昌1月27日电 (朱莹)"截至目前，江西累计实施城市更新项目1.5万余个，完成投资近1.4万亿 元，打造国家、省、市三级完整社区286个，城市园林绿化覆盖率、绿地率均位居全国第二。"27日，在 江西省十四届人大四次会议"厅长通道"上，江西省住房和城乡建设厅党组书记、厅长黄俊说。 江西累计实施城市更新项目1.5万余个 完成投资近1.4万亿元 同时，江西持续开展"好小区"建设。黄俊介绍说，近年来，江西已改造城镇老旧小区6577个，帮助 193.8万户居民解决了爬楼难、停车难、管线旧等突出问题。下一步该省将继续深化老旧小区改造，持 续完善配套设施，让居民生活实现"原地升级"。 1月27日，在江西省十四届人大四次会议"厅长通道"上，江西省住房和城乡建设厅党组书记、厅长 黄俊答记者问。刘力鑫 摄 近年来，江西以"省部共建"推进城市高质量发展示范省建设为契机，创新探索"以城市体检为路径、城 市更新为抓手、功能品质提升为目标"的"三位一体"长效工作机制，专门颁布实施《江西省城市更新条 例》，让城市更新工作有法可依、有序推进。南昌、景德镇、赣州先后入选全国城市体检试点城市，南 昌跻身全国首批城市更新行动中央财政支持城 ...

"社区商业就像城市的'毛细血管'，服务着'最后一公里'，它不仅是满足日常所需的地方，更应当是提升生活品质、凝聚邻里情感的空间。"1月26日，省政协 委员、湖北鸿迅停车科技有限公司董事长曾淑琴建议，构建便民生活消费新场景，推动社区商业体系更好地融入城市更新，让老社区"长"出新幸福。 省政协委员、湖北鸿迅停车科技有限公司董事长曾淑琴。受访者本人供图 当前，城市发展正进入以存量提质增效为主的新阶段。在曾淑琴看来，社区商业虽"小"，却关系重大。尤其对那些功能短缺、配套不足的老旧社区而言，社 区商业可以通过"小规模、微改造、渐进式"的微更新进行改造创新，成为城市更新的小切口、小路径。 如何让这些"毛细血管"更健康、更有活力？曾淑琴表示，以市场需求为导向，鼓励各类主体投资运营，发展社区商业中心、"停车+邻里中心"等综合服务设 施，通过增值服务、联营分成数据变现等多元化渠道，提升社区综合服务功能和存量资产价值，实现长期可持续经营。 "要紧扣'足不出户'的便利性，把商业场景和生活场景、社交体验融合起来。"曾淑琴举例说，生鲜店、便利店能嵌入轻食、咖啡、快递等服务，成为"一店多 能"的站点；社区食堂、水果店旁可设置居民唠嗑点，营 ...

泰达城更领导表示，城市更新不仅是城市空间改造，更要兼顾民生品质与服务升级，此次调研泰悦家公 司，双方聚焦于将优质民生服务融入城市更新全流程，聚力打造宜居宜业的品质生活场景。 泰悦家公司负责人表示，泰悦家公司将充分发挥自身服务与资源优势，持续优化服务方案，从燃气相关 民生服务出发，践行国企担当，助力区域人居品质升级。 此次调研为双方深化合作搭建了高效沟通桥梁，未来，滨海投资泰悦家与泰达城更将持续深化协同联 动，在天津城市更新浪潮中携手共进，共筑民生服务与城市发展新标杆。 智通财经APP获悉，1月21日，天津泰达城市更新建设发展有限公司相关领导一行莅临滨海投资泰悦家 公司开展调研交流，实地考察泰悦家业务布局与服务能力，双方围绕深化战略合作、赋能城市更新等议 题展开深入探讨，为后续合作筑牢基础。 作为滨海投资(02886)全资子公司，泰悦家承载着集团增值服务高质量发展的使命，依托母公司三十年 燃气行业积淀，聚焦"燃气+全域民生服务"，构建了涵盖智慧安防、品质厨电、自主电商等多元服务体 系，打造"线上+线下"融合的管家式综合服务平台，已形成成熟的民生服务落地能力。 泰达城更领导一行实地参观了泰悦家生活馆的展示区域，直 ...

Group 1: Urban Governance and Development - The Xi'an moat water system has achieved its first full connectivity in over 70 years, attracting significant media attention and highlighting urban governance improvements [2] - The renovation of the moat is not only about waterway connectivity and ecological improvement but also enhances the city's image and citizens' happiness [2] - The project includes the addition of over 3,000 square meters of open water surface and more than 50,000 square meters of ecological restoration area [2] Group 2: Economic and Cultural Events - The third annual China-Europe Railway Express "door-to-door" New Year goods train successfully arrived in Xi'an, marking the opening of the New Year Festival and enhancing market supply for the Spring Festival [5] - The New Year goods train has been operating for three consecutive years, improving transportation efficiency and reducing costs for businesses [5] - The festival features products from countries along the Belt and Road, showcasing unique cultural items and attracting significant public interest [5][6] Group 3: Cultural Exchange and Community Engagement - The "Peony Poetry Lanterns Shine in Chang'an" event allowed foreign friends to experience Tang Dynasty culture, receiving widespread online engagement [7] - The Hong Kong Polytechnic University plans to send a student delegation to Xi'an for cultural and technological exchanges, indicating growing educational collaboration [7] - A Taiwanese individual shared their experience visiting Xi'an, highlighting the cultural resonance and connection to Chinese heritage [7]

Investment Rating - The investment rating for the real estate industry is "Positive" (maintained) [4] Core Viewpoints - The report highlights three major trends expected in 2026: 1) The adjustment in the real estate market is likely nearing its end, with current price adjustments being relatively sufficient compared to historical averages [6] 2) There are structural opportunities for "good housing" as the market enters a phase of differentiation, with a focus on high-quality residential developments [6] 3) The recovery of the Hong Kong property market is anticipated to continue, driven by multiple favorable factors [6] Market Performance - The Shanghai Composite Index rose by 0.8%, and the Shenzhen Component Index increased by 1.1% during the week, while the real estate sector (Shenwan) saw a rise of 5.2% [6][9] - In terms of individual stocks, the top five gainers included *ST Rongkong (+15.8%) and Shunfa Hengneng (+15.7%), while the bottom five included Chengjian Development (-6.0%) and Zhongzhou Holdings (-2.8%) [6][9] Data Tracking New Housing Transactions - For the week of January 17-23, new housing transactions in 42 key cities totaled 137 million square meters, a decrease of 6.0% from the previous week and a year-on-year decline of 41.0% [14] - Cumulatively, from January 1-23, new housing transactions reached 437 million square meters, reflecting a 37.4% decrease month-on-month and a 41.4% decrease year-on-year [18] Second-Hand Housing Transactions - During the same week, second-hand housing transactions in 21 key cities amounted to 224 million square meters, an increase of 3.6% from the previous week and a year-on-year increase of 11.9% [32] - For January 1-23, second-hand housing transactions totaled 654 million square meters, showing a 0.9% decrease month-on-month and a 10.9% decrease year-on-year [38] Industry News - The report notes that the Ministry of Housing and Urban-Rural Development is focusing on stabilizing the real estate market and supporting reasonable financing needs of real estate companies [50] - The National Bureau of Statistics reported a 17.2% year-on-year decline in real estate development investment for 2025, with new housing starts down 20.4% and completed projects down 18.1% [50] - The report also mentions that the minimum down payment ratio for commercial housing loans in Shenzhen and 20 cities in Guangdong is set at no less than 30% [50] Company Announcements - Poly Developments reported a revenue of 308.3 billion yuan for 2025, a year-on-year decrease of 1.1%, with a net profit of 1.03 billion yuan, down 79.5% [53] - China Resources Land plans to issue a bond of 2 billion yuan with a term of 3 years at an interest rate of 1.99% [53]

Group 1 - The core viewpoint emphasizes the importance of Guangzhou in driving economic growth and fulfilling political responsibilities, as outlined in the provincial government work report [2][3] - The report highlights the achievements of Guangdong Province over the past five years and sets a development blueprint for the next five years, aligning with the current development realities of Guangdong [2] - Guangzhou aims to leverage its advantages and enhance its urban capabilities, focusing on industrial transformation, technological innovation, urban renewal, and governance challenges [3] Group 2 - Guangzhou will focus on building a modern industrial system, promoting both traditional and emerging industries, and attracting leading enterprises while strengthening mid-tier companies [3] - The city plans to enhance its technological innovation capabilities by establishing various platforms for technology transfer and integrating industry, innovation, finance, and talent [3] - Urban renewal efforts will target the renovation of old neighborhoods and infrastructure, aiming for high-quality community and urban development [3] - The governance strategy will combine effective market mechanisms with proactive government involvement to optimize the business environment [3]

Investment Rating - The report rates the real estate industry as "Outperform" [3] Core Insights - New home transaction area has turned negative on a month-on-month basis, with a year-on-year decline expanding [3][13] - Second-hand home transaction area has increased month-on-month and turned positive year-on-year [3][13] - New home inventory area has decreased both month-on-month and year-on-year, while the de-stocking cycle has increased [3][13] Summary by Sections 1. New Home Market Tracking - In the week of January 17-23, 2026, new home transaction volume in 40 cities was 16,000 units, down 16.2% month-on-month and down 32.2% year-on-year [14][20] - The new home transaction area was 151.5 million square meters, down 9.7% month-on-month and down 39.6% year-on-year [22][39] - Transaction volume and area for first, second, third, and fourth-tier cities showed varying declines [14][19] 2. Second-Hand Home Market Tracking - In 18 cities, second-hand home transaction volume was 20,000 units, up 2.9% month-on-month and up 9.1% year-on-year [49][51] - The transaction area was 188.2 million square meters, up 4.4% month-on-month and up 18.1% year-on-year [51][52] - First, second, third, and fourth-tier cities exhibited different growth rates in transaction volume and area [45][49] 3. Inventory Situation - New home inventory in 12 cities was 1.373 million units, with a month-on-month decrease of 0.1% and a year-on-year decrease of 9.6% [35][38] - The de-stocking cycle for new home inventory was 17.7 months, increasing month-on-month and year-on-year [27][38] - Inventory levels and de-stocking cycles varied across city tiers [26][27] 4. Land Market Tracking - Total land transaction area in 100 cities was 1,044.9 million square meters, down 3.1% month-on-month but up 0.4% year-on-year [59][60] - Total land transaction value was 16.33 billion yuan, down 1.5% month-on-month and down 15.5% year-on-year [10][65] - The average land price per square meter was 1,562.8 yuan, up 1.7% month-on-month but down 15.8% year-on-year [10][61] 5. Policy Insights - The Ministry of Natural Resources and the Ministry of Housing and Urban-Rural Development issued measures to support urban renewal [3] - Emphasis on stabilizing housing prices and improving market confidence through various policy measures [3][11]

证券代码：605287 证券简称：德才股份 公告编号：2026-005 本公司及董事会全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 业绩预告的具体适用情形：净利润实现扭亏为盈。 ● 业绩预告相关的主要财务数据情况：德才装饰股份有限公司（以下简称"公司"）预计2025年度实现归 属于母公司所有者的净利润为5,100万元到6,100万元，与上年同期相比，将实现扭亏为盈。预计2025年 度实现归属于母公司所有者的扣除非经常性损益的净利润为4,000万元到5,000万元。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 经公司财务部门初步测算，预计2025年度实现归属于母公司所有者的净利润5,100万元到6,100万元，与 上年同期相比，将实现扭亏为盈。 预计2025年度实现归属于母公司所有者的扣除非经常性损益的净利润4,000万元到5,000万元。 （三）本业绩预告数据未经注册会计师审计。 二、上年同期经营业绩和财务状况 （一）利润总额：-33,560.84万元。归 ...

Core Viewpoint - The transformation of the old industrial area in Yungqiao District into a vibrant cultural and recreational space demonstrates a successful model of urban renewal that preserves industrial heritage while enhancing community life [5][10]. Group 1: Urban Renewal and Cultural Integration - Yungqiao District has adopted an innovative approach called "tenglong huan niao" (腾笼换鸟), focusing on revitalizing old industrial areas by integrating cultural and tourism elements while preserving historical significance [5][6]. - The 1956 Cultural and Creative Park, which attracts over 6,000 visitors daily, is a prime example of this transformation, turning a 22-year-abandoned factory into a popular destination [5][10]. - The project includes a 20-year lease agreement with a commercial operator, highlighting the potential of the area for vibrant leisure and cultural spaces [6][7]. Group 2: Economic and Community Impact - The renovation involved an investment of 25 million yuan, aimed at upgrading infrastructure while ensuring that all fixed assets remain under collective and government ownership, thus alleviating financial pressure on the government [7][8]. - The project prioritizes the welfare of former factory workers, allocating nearly 1 million yuan annually for their social security, ensuring their livelihoods are protected [8]. - The revitalization has led to a diverse range of new businesses, including tea houses, bars, and event centers, significantly enhancing local recreational options and community engagement [9][11]. Group 3: Future Development Plans - The local government aims to further develop the area by creating a distinctive cultural tourism street, which will attract more visitors and stimulate surrounding businesses [12]. - The ongoing transformation is expected to continue revitalizing other idle industrial sites in the region, contributing to the overall urban development of Suzhou [12].

Core Viewpoint - The "15th Five-Year Plan" outlines Beijing's development goals and strategies for the next five years, focusing on enhancing capital functions, promoting high-quality development, and improving the quality of life for residents [1][2]. Group 1: Strategic Development Goals - The plan emphasizes five major strategic tasks, including optimizing capital functions and enhancing the "Four Centers" (political, cultural, international exchange, and technological innovation) [2]. - Beijing aims to increase the economic output of the Beijing-Tianjin-Hebei region, striving for a greater share of the national economy [2]. - The city plans to maintain an annual investment scale of over 1 trillion yuan, focusing on high-quality development and a competitive modern industrial system [2]. Group 2: Urban Safety and Governance - The plan includes measures to enhance urban safety and resilience, focusing on risk prevention in transportation, production, and new technologies [3]. - It aims to improve urban governance and quality through practical measures, promoting a modernized people-oriented city [3]. Group 3: Cultural Development - The plan targets cultural prosperity by enhancing public cultural services and promoting the integration of culture and technology [4][5]. - It aims to protect and utilize cultural heritage, with initiatives like the "Beijing Central Axis Protection" project [5][6]. Group 4: Technological Innovation - Beijing will strengthen its position as a global technology innovation hub, focusing on strategic technology development and fostering leading enterprises [7][8]. - The plan includes measures to enhance the efficiency of technology transfer and promote international collaboration in scientific research [8]. Group 5: Urban Renewal and Housing - The plan focuses on upgrading housing conditions and urban development, with specific tasks for renovating old buildings and improving community infrastructure [9][10]. - It aims to balance residential, commercial, and service functions in urban centers, promoting comprehensive urban renewal [10][11]. Group 6: Ecological and Environmental Goals - The plan emphasizes high standards for ecological protection and quality of life, aiming for a harmonious relationship between humans and nature [12][13]. - It includes initiatives for pollution control, resource management, and enhancing green spaces in urban areas [12][13]. Group 7: Health and Social Services - The plan outlines a strategy for strengthening healthcare services, focusing on community health and emergency response capabilities [14][15]. - It aims to improve maternal and child health services and expand support for the elderly, ensuring comprehensive health coverage [15][16].