恒大物业(06666)发布公告，公司获清盘人告知，于本公告日期，(i)清盘人已接获若干选定的投标人提 交的经更新非约束性意向要约，且清盘人正考虑该等非约束性意向要约;(ii)清盘人无意考虑任何新的非 约束性意向要约;(iii)潜在交易仍处于初步阶段，清盘人对进入下一阶段程序及提交最终方案的时间及详 情尚未最终落实;及(iv)清盘人与潜在投标人尚未就潜在交易进行任何磋商，也未就潜在交易形成任何意 见或就潜在交易达成任何正式或具有法律约束力的协议。 ...

Core Viewpoint - Evergrande Property (06666) has experienced a significant decline in stock price, with a cumulative drop of 10% and a current trading price of 1.25 HKD, reflecting ongoing uncertainties regarding its financial situation and potential transactions [1][1][1] Group 1: Stock Performance - The stock price of Evergrande Property fell over 3% during trading, marking a third consecutive decline [1] - As of the latest update, the stock is down 2.34% with a trading volume of 58.96 million HKD [1] Group 2: Company Developments - On November 14, Evergrande Property announced that it has been informed by the liquidator about the invitation extended to selected bidders to review further company information [1] - Bidders are required to submit updated non-binding offers by the end of November 2025, while the liquidator will also review any other potential offers received [1] - The company stated that the potential transaction is still in the preliminary stage, with no confirmed timeline for the next procedural steps or discussions with potential bidders [1]

Core Viewpoint - Evergrande Property has received a letter from the liquidators of China Evergrande Group and CEG Holdings Limited regarding potential share sales, indicating ongoing efforts to find buyers for its shares [1][4]. Group 1: Company Developments - The liquidators are seeking opportunities to sell shares held by China Evergrande and CEG Holdings, having signed confidentiality agreements with interested parties [4]. - As of September 11, 2025, Evergrande Property's shares will resume trading on the Hong Kong Stock Exchange after a suspension [4]. - The current controlling shareholder of Evergrande Property remains Xu Jiayin [5]. Group 2: Financial Performance - For the first half of 2025, Evergrande Property reported revenue of approximately 6.647 billion yuan, a year-on-year increase of about 6.9%, and a net profit of approximately 491 million yuan, with a net profit margin of about 7.4%, down by approximately 0.6 percentage points [10]. - The company has a total managed area of approximately 596 million square meters, an increase of about 41 million square meters compared to the previous year [10]. - Evergrande Property is currently in a net current liability position, indicating ongoing cash flow challenges [11]. Group 3: Market Context - In August 2025, it was reported that the liquidators of China Evergrande Group hired UBS and CITIC Securities to find potential buyers for Evergrande Property [9]. - The Hong Kong Stock Exchange canceled the listing status of China Evergrande Group due to failure to meet resumption requirements, with the last trading date being August 22, 2025 [10]. - Industry data shows that the top 50 property management companies have collectively managed an additional 9.86 million square meters from related parties, indicating a trend of growth through association with parent companies [11].