Summary of Key Points Core Viewpoint - The announcement from the company indicates a significant decline in both signed area and signed amount for the year 2025, reflecting ongoing challenges in the real estate market [1] Company Performance - In August 2025, the company achieved a signed area of 180,000 square meters, representing a year-on-year decrease of 51.87% [1] - The signed amount for the same month was 2.22 billion yuan, down 58.89% year-on-year [1] - From January to August 2025, the cumulative signed area reached 1.614 million square meters, which is a 49.83% decrease compared to the previous year [1] - The cumulative signed amount during this period was 21.95 billion yuan, reflecting a year-on-year decline of 53.91% [1]

Group 1 - The core point of the article highlights that Poly Developments (600048.SH) reported a significant decline in both contracted area and amount for July 2025 compared to the previous year [1] - In July 2025, the company achieved a contracted area of 909,900 square meters, a year-on-year decrease of 37.23% [1] - The contracted amount for July 2025 was 18.014 billion yuan, reflecting a year-on-year decrease of 28.85% [1] Group 2 - For the period from January to July 2025, the company reported a total contracted area of 8,045,300 square meters, which is a year-on-year decrease of 26.81% [1] - The total contracted amount for the same period was 163.185 billion yuan, showing a year-on-year decrease of 17.85% [1]

Group 1 - The core point of the article is that Poly Developments (600048.SH) reported a significant decline in both contracted area and contracted amount for July 2025 compared to the previous year [1] - In July 2025, the company achieved a contracted area of 909,900 square meters, a year-on-year decrease of 37.23% [1] - The contracted amount for July 2025 was 18.014 billion yuan, reflecting a year-on-year decrease of 28.85% [1] Group 2 - For the period from January to July 2025, the company reported a total contracted area of 8,045,300 square meters, which is a year-on-year decrease of 26.81% [1] - The total contracted amount for the same period was 163.185 billion yuan, showing a year-on-year decrease of 17.85% [1]