Group 1 - The core point of the announcement is that China New Economy Investment (00080) reported an unaudited net asset value per share of approximately HKD 0.04 as of September 30, 2025 [1]

Core Viewpoint - China New Economy Investment (00080) announced that as of August 31, 2025, the unaudited net asset value per share is approximately HKD 0.04 [1] Summary by Category - Company Announcement - The company disclosed its unaudited net asset value per share, which is approximately HKD 0.04 as of the specified date [1]

Core Viewpoint - Citigroup's report indicates that Greentown China has shown impressive performance in the first half of the year, ranking among the top five in sales and top three in land acquisitions, which boosts confidence in the company's profit forecasts [1] Group 1: Company Performance - Greentown China's sales for 2025 are projected to reach 170 billion yuan, maintaining its position among the industry's top five [1] - The company is expected to maintain a stable ownership ratio of 70% [1] - The target price for Greentown China has been raised from 12.3 HKD to 13.5 HKD, reflecting a target price-to-earnings ratio increase from 8 times to 9 times [1] Group 2: Financial Metrics - The gross profit margin for Greentown China in 2025 is anticipated to remain under pressure, particularly due to impairments from projects in lower-tier cities, with a new sales gross profit margin estimated at around 15% [1] - The estimated net asset value per share for the company this year is projected to be 18.96 HKD, based on assumptions regarding property completion progress, sales pipeline, and average selling prices [1]

格隆汇8月14日丨中国新经济投资(00080.HK)公告，于2025年7月31日，中国新经济投资有限公司("公 司")每股股份未经审核净资产值约为0.04港元。 ...