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之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 復牌進度之季度更新；及 繼續暫停買賣 本公告乃由寶新置地集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）根據香港聯合 交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第13.09條及香港法例第571章證券及 期貨條例第XIVA部項下之內幕消息條文（定義見上市規則）作出。 茲提述(i)本公司日期為二零二五年三月三十一日有關刊發本公司截至二零二四年十二月三十 一日止年度之末期業績之公告；(ii)本公司日期為二零二五年四月一日有關本公司股份暫停於 聯交所買賣之公告；(iii)本公司日期為二零二五年四月三十日有關本公司截至二零二四年十二 月三十一日止年度之年報（「二零二四年年報」）之公告；(iv)本公司日期為二零二五年六月三十 日有關復牌進度之季度更新之公告；(v)本公司日期為二零二五年七月二日有關復牌指引之公 告；及(vi)本公司日期為二零二五年七月七日有關復牌進度之季度更新之補充公告（統稱「 ...

Group 1 - Suning.com is attempting to regain visibility by rapidly expanding its offline stores in various cities since August, including Shanghai and Shandong [1][3] - The "National Subsidy" policy for home appliances has provided an opportunity for Suning.com to recover, with a projected retail sales growth of 6.4% in 2024, reaching 907.1 billion yuan [1] - In Chongqing, Suning.com reported a more than 50% increase in trade-in orders following the launch of the "National Subsidy" [1] Group 2 - Suning.com has opened multiple new stores, including Suning Max and Suning Pro, with a goal of exceeding 2 billion yuan in GMV for the second half of the year in Shanghai [3] - The company has emphasized the irreplaceable role of offline stores in product promotion and customer experience, a strategy that was hindered by previous debt issues [3] - As of mid-2023, Suning.com has established 10 Suning Max stores and over 100 Suning Pro stores nationwide [3] Group 3 - Suning.com has made progress in resolving its debt issues, with a recent agreement to settle 2.2 billion yuan in outstanding payments to Carrefour Group, which will improve its financial statements significantly [7] - The company has also reached a debt settlement agreement with 18 subsidiaries, reducing receivables by 5.02374 billion yuan [7] Group 4 - In Q1 2023, Suning.com reported a revenue of 12.894 billion yuan, a 2.5% increase year-on-year, driven by the "National Subsidy" policy and new store openings [11] - The net profit attributable to shareholders was 17.96 million yuan, marking a turnaround from previous losses, although the core business still showed a net loss of 199 million yuan [11] - The asset-liability ratio decreased to 90.38% as of March 31, 2023, but remains high [11] Group 5 - Suning.com faces ongoing competitive pressures as the market landscape has shifted towards online channels and improved services from brand-owned stores [12] - The company's stock price showed a slight increase, reflecting some market optimism following debt resolution, but the future success of its offline strategy remains uncertain [12]

Group 1 - The stock price of Huangting International reached 2.95 yuan as of August 15, 2025, with a daily increase of 0.34% and a trading range of 8.16% [1] - The company's main business includes commercial real estate operations and semiconductor business, with its core asset, Shenzhen Huangting Plaza, set for judicial auction on September 9, starting at a price of 3.053 billion yuan, which is a 30% discount from the assessed value [1] - Huangting International has reported continuous losses over recent years, accumulating over 4.4 billion yuan in losses from 2020 to 2024, and its semiconductor subsidiary failed to meet performance commitments, generating only 72.67 million yuan in revenue in 2024, significantly below expectations [1] Group 2 - On August 15, there was a net inflow of 34.0061 million yuan in main funds, with a cumulative net inflow of 74.7471 million yuan over the past five days [2]

Group 1 - The core point of the article is that Suning.com has reached a debt settlement with Carrefour Group, allowing Suning to fully acquire Carrefour China after a one-time payment of 220 million yuan [1][4]. - Suning International initially acquired 80% of Carrefour China for 4.8 billion yuan in June 2019, with an agreement for Carrefour to sell the remaining 20% after two years [4]. - Following the settlement, Carrefour will waive all remaining payments and interest, and both parties will withdraw all lawsuits and terminate dispute procedures [4][5]. Group 2 - After the settlement, Suning will no longer bear the 1.2 billion yuan performance guarantee responsibility, which is expected to increase debt restructuring gains by approximately 1.11 billion yuan, significantly improving the current financial statements [5]. - The resolution of the dispute marks the end of Carrefour China's brand operation, and Carrefour China must stop using its brand name and related intellectual property within a month [4][5]. - The future success of Suning's business transformation and management capabilities will be tested as it navigates the operational challenges of Carrefour China and implements its new brand strategy [5].

Core Viewpoint - Suning.com Group Co., Ltd. (ST Yigou) has announced a debt settlement with Carrefour, aiming to pay 220 million RMB to clear all related debts and cease the use of associated intellectual property rights [3][4][5] Group 1: Debt Settlement Details - ST Yigou will pay a total of 220 million RMB to Carrefour Netherlands, which will result in the complete settlement of previous debt obligations [4] - Following the settlement, ST Yigou will indirectly hold 100% equity in Carrefour China [4] - The debt settlement is expected to positively impact ST Yigou's financial status and operational results [3][6] Group 2: Financial Implications - The total debt amount owed by ST Yigou as of July 31 is approximately 1.331 billion RMB, with the debt restructuring expected to yield around 1.111 billion RMB in gains [6] - Prior to the settlement, ST Yigou faced significant financial challenges, with revenues dropping from 252.3 billion RMB in 2020 to 62.6 billion RMB in 2023 [7][9] Group 3: Historical Context - ST Yigou's acquisition of Carrefour China began in 2019, with an initial investment of 4.8 billion RMB for 80% equity, but the company has since struggled with liquidity issues [7][8] - The number of Carrefour stores in China decreased from 228 in 2020 to just 4 by the end of 2023, reflecting the company's operational challenges [9]

Group 1 - The core point of the announcement is the approval of a debt settlement agreement by the board of directors of Suning.com Co., Ltd, which will be submitted for shareholder approval [3][14][20] - The board meeting was held on August 11, 2025, with all nine directors present, and the meeting complied with legal and regulatory requirements [2][30] - The debt settlement involves a payment of RMB 220 million to Carrefour Group, which will resolve outstanding debts and disputes related to the acquisition of Carrefour China [12][16][20] Group 2 - The debt settlement agreement will allow Suning to indirectly hold 100% of Carrefour China after the payment is made [13][20] - The financial impact of the debt settlement is expected to result in a debt restructuring gain of approximately RMB 1.11 billion, positively affecting the company's financial status [20] - The company plans to fund the settlement through self-raised funds, including potential financing from financial institutions [19][20] Group 3 - The upcoming extraordinary general meeting of shareholders is scheduled for August 27, 2025, to vote on the debt settlement proposal [27][30] - The meeting will be conducted both in-person and via online voting, ensuring compliance with relevant regulations [30][32] - Shareholders must register by August 22, 2025, to participate in the meeting [30][37]

Core Viewpoint - ST易购 has reached a settlement with Carrefour Group, resulting in the company indirectly holding 100% of Carrefour China after paying a settlement amount of RMB 220 million to CNBV [1][5][6] Summary by Sections Dispute Background - In June 2019, ST易购's subsidiary, Suning International, signed a share purchase agreement with CNBV to acquire 80% of Carrefour China for RMB 4.8 billion [2] - The agreement included a clause for CNBV to sell the remaining 20% of Carrefour China to Suning International after two years, with a performance guarantee of RMB 1.2 billion provided by ST易购 [2] - By September 2019, Suning International completed the acquisition of 80% of Carrefour China [3] - In April 2022, Suning International paid RMB 204 million for a staged purchase of the remaining 16.67% stake, bringing its total ownership to 83.33% [3] - Disputes arose due to changes in circumstances affecting the acquisition of the remaining shares, leading to arbitration claims from Carrefour Group [4] Settlement Agreement - A settlement agreement was signed between Suning International and Carrefour Group, where ST易购 will pay RMB 220 million to CNBV, leading to the waiver of related debts by Carrefour [5] - Following the settlement, Carrefour China and its consulting company will cease using the intellectual property within one month [5] Financial Impact - After the settlement, ST易购 will indirectly own 100% of Carrefour China, which is expected to positively impact the company's financial status and operational results [6] - The company anticipates a debt restructuring gain of approximately RMB 1.11 billion, reducing its total payable debt to around RMB 1.331 billion [6]

Core Viewpoint - ST Yigou (002024) has reached a debt settlement agreement with Carrefour, which will allow the company to indirectly hold 100% of Carrefour China after the resolution of disputes regarding the remaining equity acquisition and intellectual property fees [1] Group 1: Debt Settlement Agreement - In 2019, ST Yigou's wholly-owned subsidiary, Suning International, acquired 80% of Carrefour China, leading to disputes over the remaining equity acquisition and related fees due to changes in the external environment [1] - The agreement stipulates that Suning will pay 220 million yuan, while Carrefour will waive the debt, and both parties will cease legal proceedings [1] - The settlement requires approval at the second extraordinary general meeting of shareholders in 2025 [1] Group 2: Financial Impact - Upon completion of the settlement, the company is expected to recognize a debt restructuring gain of approximately 1.11 billion yuan [1] - Additionally, other debt settlements by the company and its subsidiaries in the first half of 2025 are anticipated to generate investment income of about 59.5253 million yuan [1]

Debt Settlement Overview - The company and 18 subsidiaries have signed a debt settlement agreement with Shanghai Haishuiwen Management Service Co., Ltd, involving a total debt of 507.374 million yuan, with a debt reduction of 502.374 million yuan, leaving a payable amount of 5 million yuan [1][3]. Basic Information of the Creditor - Shanghai Haishuiwen is a limited liability company wholly owned by an individual, with a registered capital of 50,000 yuan. As of December 31, 2024, it has total assets of 1.6181 million yuan, total liabilities of 4.9942 million yuan, and a net asset of -3.3761 million yuan [2][3]. Debt Settlement Plan - The debt settlement involves a total claim of 507.374 million yuan, with the creditor agreeing to waive 502.374 million yuan of the receivables, resulting in a remaining receivable of 5 million yuan [3][4]. Purpose and Impact of Debt Settlement - The debt settlement is aimed at alleviating the company's debt burden and improving operational performance. It is expected to positively impact the company's financial status, with an estimated increase in net profit attributable to shareholders of approximately 408 million yuan [4].