作为科技驱动、低碳引领的不动产服务商，万物云灵石定位为不动产管理的AI大脑，具备GPU扩展能力， 搭载了万物云基于多年空间运营经验研发的核心服务和应用，通过集成AI算法与物联网设备，可实时分析 处理视频流、能源流、地理信息流、信息流、算力流等五种数据流，实现建筑能耗优化、能碳托管、风险 预警、工单响应等全流程自动化，赋能不动产全生命周期的智慧绿色运营。灵石可兼容多种大模型和设备 协议，并通过空间地图共享，构建覆盖头部机器人公司、安防设备商等在内的灵石生态体系。 联合国气候变化大会第三十次缔约方会议(COP30)正在巴西举行。11月19日，在COP30中国角举办的"中国 企业日"主题边会上，万物云代表分享《灵石LinkX：贡献中国智慧，以数字空间服务擘画美丽中国》，向 全球企业展示基于数字化手段的城市碳中和管理实践，折射出中国企业在应对气候变化中，从技术追随者 向解决方案输出者与生态构建者的战略转型。 值得关注的是，万物云依托其边缘算力与空间场景的独特优势，发起"零碳伙伴计划"，已联合隆基绿能等 新能源龙头企业，并整合深圳市建筑科学研究院、华夏认证、碳阻迹、树图科技、万睿科技等国内领先机 构，覆盖从虚拟电厂建设 ...

Group 1 - The company held its 11th Board of Directors' temporary meeting on November 19, 2025, via telecommunication, with all 8 directors participating in the voting process [1][2] - The company approved a capital increase for Shanghai Gubei Property (Group) Co., Ltd., raising its registered capital from RMB 10 million to RMB 50 million, with an additional investment of RMB 40 million [1] - The company revised and established certain governance-related systems, including the repeal of the "Audit Committee Annual Report Work Regulations" and the "Major Error Accountability System for Annual Report Information Disclosure" [3][4] Group 2 - The voting results for both proposals were unanimous, with 8 votes in favor, 0 against, and 0 abstentions [2][4] - The announcement was made by the Board of Directors of the company on November 20, 2025 [6]

（原标题：碧桂园服务(06098.HK)11月19日回购617.40万港元，年内累计回购1.21亿港元） | 日期 | 回购股数 | 回购最高价 | 回购最低价 | 回购金额 | | --- | --- | --- | --- | --- | | | （万股） | （港元） | （港元） | （万港元） | | 2025.11.19 | 100.00 | 6.200 | 6.150 | 617.40 | | 2025.11.18 | 90.00 | 6.300 | 6.220 | 563.65 | | 2025.11.14 | 30.00 | 6.380 | 6.370 | 191.25 | | 2025.11.05 | 23.90 | 6.200 | 6.150 | 147.95 | | 2025.11.04 | 95.80 | 6.200 | 6.150 | 592.27 | | 2025.11.03 | 50.00 | 6.180 | 6.150 | 308.70 | | 2025.10.31 | 50.00 | 6.190 | 6.180 | 309.10 | | 2025.10.30 | 56.80 ...

Core Viewpoint - Songdu Services (09608) has signed a letter of intent with Greenland Holdings to purchase a property in Hangzhou for approximately 6.6483 million yuan, highlighting the strategic opportunity for capital preservation and investment [1] Group 1: Property Acquisition - The property is located in a landmark building in Hangzhou, with a total area of approximately 228.83 square meters [1] - The acquisition is seen as a good opportunity for capital preservation and investment due to the property's prime location and comprehensive facilities [1] Group 2: Market Demand and Potential - The property is expected to have strong market demand for both purchase and rental, with high occupancy rates and relatively strong liquidity [1] - The reputation of the landmark building enhances the property's standing, creating a positive cycle that maintains favorable rental levels and high occupancy rates [1] Group 3: Strategic Advantages - The property's superior location provides strategic advantages for industry communication and collaboration for large listed companies [1] - Anticipated tenant profiles may offer predictable and reliable rental returns, contributing to a stable income stream [1] Group 4: Market Conditions - The current downturn in the real estate market presents a favorable opportunity for acquisition at lower prices [1] - The property's robust fundamentals support expectations for appreciation, making the acquisition price advantageous compared to previous highs [1]

Core Viewpoint - Songdu Service (09608) has entered into a letter of intent with Greenland Holdings (600606) to purchase a property in Hangzhou for approximately 6.6483 million yuan, highlighting a strategic investment opportunity in a prime location with strong appreciation potential [1] Group 1: Property Acquisition Details - The property is located at the 17th floor of Building 2, Hangzhou Century Center, in the Xiaoshan District of Hangzhou, Zhejiang Province, with a total area of approximately 228.83 square meters [1] - The acquisition price of approximately 6.6483 million yuan reflects a favorable opportunity due to the current downturn in the real estate market, allowing for a purchase below previous peak prices [1] Group 2: Investment Rationale - The property is situated in a landmark building in a prime location, which is expected to enhance its value and market demand, leading to high occupancy rates and strong liquidity [1] - The strategic location is anticipated to provide significant advantages for industry communication and collaboration, particularly for large listed companies [1] - The expected identity of tenants may offer predictable and reliable rental returns, contributing to a stable income stream [1]

格隆汇11月19日丨朗华国际集团(08026.HK)公告，董事会已议决于中华人民共和国在公司全资附属公司 深圳市朗华物业服务有限公司旗下设立名为深圳市朗华物业服务有限公司东莞分公司的分公司。该分公 司主要从事物业管理业务。 ...

点评：金科服务的私有化之路是中国物业管理行业深度调整的缩影。博裕资本凭借其资本实力和整合经 验，有望通过退市后重组，帮助金科服务摆脱困境，实现价值重估。 NO.1 北京海淀起始价84.22亿元挂牌一综合用地 11月17日，北京海淀区上地0702街区地块正式挂牌。该综合用地由3幅子地块组成，总用地面积7.71万 平方米，规划建筑面积约22.54万平方米，起始出让总价84.22亿元，起始综合楼面价37366元/平方米。 该地块所在位置交通便利，周边有众多互联网企业、高校等教育资源。 点评：该地块出让是2025年底北京土地市场的压轴大戏，84.22 亿元的起拍价不仅体现了海淀区土地资 源的稀缺性，更彰显了市场对科技创新核心区价值的认可。无论成交价如何，该地块都将成为观察北京 高端住宅市场和产业地产发展的风向标。 NO.2 珠免集团拟55.18亿元出售格力房产100%股权 11月17日，珠免集团发布重大资产出售暨关联交易报告书（草案），计划向珠海投捷控股有限公司出售 其持有的格力房产100%股权，交易价格为55.18亿元，交易对价由投捷控股以现金方式进行支付，华发 集团提供连带责任保证担保。珠免集团表示，此次交易完成 ...

在停牌近一个月后，西南最大上市物企金科服务迎来了或将退市的命运。 11月18日，金科服务与Broad Gongga Investment Pte.Ltd.（下称"博裕资本"）发布联合公告，宣布中国国 际金融香港证券有限公司代表要约人提出收购金科服务全部要约股份的经修订无条件强制性现金要约， 并建议撤销金科服务股份的上市地位及恢复买卖。 目前，金科服务已同意为独立股东召开及举行临时股东会，以考虑（其中包括）退市决议案并对其进行 投票。倘退市决议案获准，假设退市接受条件获达成，该决议案于要约期（包括自达成退市接受条件后 至少28日的延长期）结束前将不会生效。 根据公告，金科服务提供了两种要约价：基本要约价为每股6.67港元，经提高要约价为每股8.69港元。 后者需满足两项条件：一是退市决议案于临时股东会上获批准；二是退市接受条件达成。 要约人及其一致行动人已累计持股总数达到约3.78亿股，占公司全部已发行股份约63.29%。据记者不完 全统计，博裕资本及其一致行动人从金科股份转让及其他公众股东要约收购累计投入已超过40亿港元。 受此影响，今日早间开盘金科服务迅速上涨，最高涨至8.09港元/股，收盘报8.05港元/ ...

证券时报•数据宝统计，碧桂园服务在港交所公告显示，11月18日以每股6.220港元至6.300港元的价格回 购90.00万股，回购金额达563.65万港元。该股当日收盘价6.220港元，下跌2.35%，全天成交额4853.11 万港元。 今年以来该股累计进行42次回购，合计回购1796.60万股，累计回购金额1.15亿港元。（数据宝） 碧桂园服务回购明细 （原标题：碧桂园服务(06098.HK)11月18日回购563.65万港元，年内累计回购1.15亿港元） | 日期 | 回购股数 | 回购最高价 | 回购最低价 | 回购金额 | | --- | --- | --- | --- | --- | | | （万股） | （港元） | （港元） | （万港元） | | 2025.11.18 | 90.00 | 6.300 | 6.220 | 563.65 | | 2025.11.14 | 30.00 | 6.380 | 6.370 | 191.25 | | 2025.11.05 | 23.90 | 6.200 | 6.150 | 147.95 | | 2025.11.04 | 95.80 | 6.200 | 6.1 ...

Core Viewpoint - The major shareholder of Kinko Service, Boyu Capital, is pushing for the delisting of the property management company from the Hong Kong Stock Exchange at a maximum price of HKD 8.69 per share, marking a strategic shift towards privatization to enhance long-term growth and value creation [1][6]. Group 1: Delisting Proposal - Boyu Capital has made a revised unconditional mandatory cash offer to acquire all shares of Kinko Service and suggested the withdrawal of its listing status [1]. - If the delisting resolution is approved, Kinko Service will cease to be listed on the Hong Kong Stock Exchange, ending its nearly five-year public listing history [1]. - The rationale behind the delisting is to alleviate the pressures of market expectations and stock price volatility, allowing management to focus on core business operations [1][6]. Group 2: Shareholding History - Boyu Capital became the major shareholder of Kinko Service in December 2021, acquiring 22.69% of the shares for HKD 37.34 billion at a price of HKD 26 per share [2]. - In November 2022, Boyu Capital made a partial offer to acquire an additional 11.94% of shares at HKD 12 per share, increasing its stake to 34.63% [2]. - The pivotal moment for Boyu Capital's control occurred on March 30, 2025, when it acquired 18.05% of shares through a court auction due to Kinko's default on a loan, raising its total stake to 55.91% [3]. Group 3: Offer Structure - The offer includes a dual pricing structure: a basic offer price of HKD 6.67 per share and a higher offer price of HKD 8.69 per share if delisting conditions are met, representing an 18.07% premium over the last unaffected closing price [4]. - The maximum payment amounts are estimated at HKD 17.86 billion if the delisting resolution is not approved, and HKD 23.27 billion if both delisting conditions are met [5]. - To achieve the higher offer price, two key conditions must be satisfied: at least 75% approval from independent shareholders and acceptance from at least 90% of the unaffected shares [5]. Group 4: Future Prospects Post-Delisting - The motivation behind Boyu Capital's push for privatization is to escape the regulatory constraints and market pressures associated with being a public company, thereby improving decision-making efficiency and reducing compliance costs [6][7]. - Kinko Service has faced significant financial challenges, with cumulative losses of approximately HKD 3.4 billion over the past three years and a market value reduced to about HKD 4.7 billion [6]. - Post-delisting, Boyu Capital aims to streamline operations, potentially transforming Kinko Service into a "cash cow" or "asset package" for more flexible capital exits [6][7]. Group 5: Strategic Implementation - The anticipated strategy post-privatization includes focusing on cash flow recovery, reducing redundant personnel, and restructuring high-margin but slow-revenue businesses [7][8]. - Mid-term plans involve asset stratification and seeking mergers or acquisitions with REITs, insurance capital, or local state-owned enterprises to achieve asset premium exits [7]. - Long-term strategies may include consolidation or a secondary listing to facilitate capital exits, potentially integrating with Boyu's other investments [7][8].