Group 1: Consumer Market Trends - Consumer spending continues to expand and improve, with retail sales of consumer goods increasing by 4.6% year-on-year from January to August, and a 3.4% increase in August alone [1] - The "trade-in for new" policy has shown positive effects, with retail sales of furniture, home appliances, and communication equipment increasing by 18.6%, 14.3%, and 7.3% respectively in August [1] - Service consumption is growing rapidly, with service retail sales increasing by 5.1% year-on-year from January to August, outpacing the growth of goods retail sales [1][2] Group 2: Real Estate Market Developments - The decline in new housing sales has narrowed, with a 4.7% year-on-year decrease in sales area from January to August, a reduction of 13.3 percentage points compared to the same period last year [3] - New home prices are also seeing a reduced decline, with most cities experiencing a smaller year-on-year price drop in August compared to July [3] - The inventory reduction in the real estate market is progressing steadily, with a decrease of 3.17 million square meters in unsold housing inventory from July to August [3] Group 3: Macroeconomic Policy Outlook - Overall, macroeconomic policies are expected to strengthen, with potential new measures aimed at stabilizing employment, businesses, and market expectations [4][5] - Analysts suggest that new fiscal measures and possible interest rate cuts from the central bank may be introduced in the fourth quarter to counter external demand slowdowns [4]

Core Insights - The real estate market is showing signs of stabilization, with a narrowing decline in sales and prices, although overall sales are still decreasing [1][2][3] - The government is actively implementing policies to support housing demand and stabilize the market, leading to improvements in sales and inventory levels [2][3] Sales Performance - From January to August, the sales area of new commercial housing decreased by 4.7% year-on-year, but this decline is 13.3 percentage points less than the same period last year [2] - The sales revenue of commercial housing fell by 7.3% year-on-year, a reduction of 16.3 percentage points compared to the previous year [2] - Some first- and second-tier cities have experienced growth in both sales area and revenue [2] Price Trends - In August, 9 out of 70 large and medium-sized cities saw a month-on-month increase in new home prices, with Shanghai, Hangzhou, and Yichang leading at a 0.4% increase [1] - Year-on-year, the price decline for new homes in first, second, and third-tier cities has narrowed by 0.2, 0.4, and 0.5 percentage points respectively [1] Funding and Inventory - From January to August, funding for real estate development decreased by 8% year-on-year, but this decline is 12.2 percentage points less than the same period last year [2] - The inventory of unsold commercial housing decreased by 3.17 million square meters from July to August, marking six consecutive months of reduction [2] Future Outlook - The market requires continued efforts to stabilize and recover, with a focus on high-quality urban renewal and increasing the supply of quality housing to meet demand [3]

Meeting Overview - The seventh extraordinary general meeting of shareholders was held on September 15, 2025, in Shanghai [2] - The meeting was presided over by the vice chairman, Mr. Su Xiaopeng, and utilized a combination of on-site and online voting methods [2] Attendance - The meeting was attended by all 8 current directors and 3 current supervisors, along with the company secretary and some senior executives [3] Resolutions Passed - The following resolutions were approved: 1. Appointment of Lixin Certified Public Accountants as the auditing firm for the year 2025 [4] 2. Proposal to abolish the supervisory board and amend the Articles of Association [4] 3. Amendments to the Rules of the Shareholders' Meeting [5] 4. Amendments to the Rules of the Board of Directors [5] 5. Amendments to the Independent Director Work System [5] 6. Amendments to the Management Regulations of Raised Funds [5] 7. Approval of financial assistance and related party transactions [5] Voting Details - Resolutions 2 to 4 were passed as special resolutions, requiring more than two-thirds of the voting rights to be effective [5] - Related party shareholders abstained from voting on the financial assistance resolution [5][6] Legal Verification - The meeting was witnessed by Shanghai Tongli Law Firm, confirming that the meeting's procedures and voting were in compliance with relevant laws and regulations [7]

从销售指标来看，1—8月份，全国新建商品房销售面积同比下降4.7%，降幅比去年同期收窄13.3个百分 点，比去年全年收窄8.2个百分点；商品房销售额同比下降7.3%，降幅比去年同期收窄16.3个百分点， 比去年全年收窄9.8个百分点。部分一线和二线城市新建商品房销售面积和销售额保持增长。 "今年以来，各地区各部门积极支持居民刚性和改善性住房需求释放，带动商品房销售降幅收窄。房地 产去库存稳步推进，企业资金和库存状况有所改善。"付凌晖说。 "前8个月，房地产市场运行有三个主要特点：一是房地产市场销售降幅收窄；二是新建商品住宅价格同 比降幅收窄；三是房地产企业资金和库存有所改善。"国家统计局新闻发言人付凌晖在"8月份国民经济 运行情况新闻发布会"上表示，房地产市场仍朝着止跌回稳方向迈进，但也要看到，房地产销售仍在下 降，市场修复需要一个过程，促进房地产止跌回稳还需要继续努力。 从房价指标来看，8月份，70个大中城市中，新房价格环比上涨的城市有9个，比上月增加3个。其中， 上海、杭州、宜昌涨幅均为0.4%，并列第一；南宁涨幅为0.3%，位列第二；沈阳、合肥、吉林涨幅均 为0.2%，并列第三。同比来看，多数城市房价降 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 一、说明会类型 重要内容提示： 保利发展控股集团股份有限公司（以下简称"公司"）已于2025年8月26日披露《2025年半年度报告》， 为便于广大投资者更全面深入地了解公司2025年半年度经营成果、财务状况，同时更加充分地向投资者 展示房地产发展情况，公司计划于2025年9月19日15:30-17:00通过网络互动方式就投资者关心的问题进 行交流。 本次投资者说明会以网络互动形式召开，公司将针对2025年半年度的经营成果、财务状况等情况与投资 者进行互动交流，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 会议召开时间：2025年9月19日（星期五）15:30-17:00 会议召开网址："全景路演"网站（网址：https://rs.p5w.net） 三、参加人员 公司参加本次投资者说明会的人员为公司管理层。 四、投资者参加方式 投资者可在2025年9月19日（星期五）15:30-17:00，通过 ...

2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较大影响的未公开重大信息。 3、公司近期经营情况正常，公司经营情况及内外部经营环境未发生重大变化。 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、股票交易异常波动的情况介绍 荣盛房地产发展股份有限公司（以下简称"公司"或"本公司"）股票（证券名称：荣盛发展，证券代码： 002146）于2025年9月12日、2025年9月15日连续2个交易日收盘价格涨幅偏离值累计超过20%，根据 《深圳证券交易所交易规则》的相关规定，属于股票交易价格异常波动的情形。 二、公司关注并核实的相关情况 针对公司股票交易异常波动的情况，经公司自我核查并书面函询公司控股股东荣盛控股股份有限公司 （以下简称"荣盛控股"）及实际控制人耿建明先生，现将相关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处。 五、备查文件 4、公司、控股股东和实际控制人不存在关于公司的应披露而未披露的重大事项，或处于筹划阶段的重 大事项。 5、股票交易异常波动期间，控股股东、实际控 ...

Group 1: Macro Policy - The State Council has approved the Longzhutan area as a pilot for comprehensive reform in market-oriented allocation of factors, which will inject strong momentum into Changsha's technological innovation and industrial upgrading, further consolidating its position as a regional development engine [3][5][4] - The pilot program will be implemented over the next two years and includes cities such as Beijing's sub-center, Suzhou, Hangzhou, and the Guangdong-Hong Kong-Macao Greater Bay Area [3] Group 2: Real Estate Regulation - Changsha is following the trend of new residential regulations by standardizing the promotion of "usable area" to avoid misleading consumers, responding to national regulatory trends [5][6] - The Changsha Real Estate Trading Industry Association has noted instances of exaggerated or false advertising regarding "usable area," which can mislead market expectations and lead to transaction disputes [5][6] - The tightening of regulations is seen as a push for the market to return to the essence of housing as a place to live, emphasizing comprehensive performance, quality, and experience over mere numerical games of "usable area" [7] Group 3: New Housing Market - This week, the commodity housing market in Changsha showed stable development with a supply of 345 units and a transaction of 188 units, with an average transaction price of 12,833 yuan per square meter [8][9] - The total supply for the week was 4.30 million square meters, and the total transaction area was 2.76 million square meters [2][9] Group 4: Marketing Dynamics - One project, Yide Mansion, launched 76 units with a size range of 223-288 square meters, achieving a sales rate of 68% by selling 52 units [12][14] - Various promotional activities are being conducted by different projects, including group purchases and open house events, to attract buyers [15]

Group 1 - CIFI Group Co., Ltd. announced the suspension of its bonds starting from September 16, 2025, following the approval of a bond restructuring plan by bondholders on September 12, 2023 [2] - The company will redeem and cancel 0.2% of all outstanding bonds held by consenting account holders within 30 trading days from the date of the bondholders' meeting [2] - The suspended bonds include several codes such as HPR CIFI 1, H20 CIFI 2, H20 CIFI 3, H21 CIFI 1, H21 CIFI 2, and H21 CIFI 3 [3] Group 2 - During the suspension period, the company will comply with relevant laws and regulations regarding information disclosure and will announce the resumption of trading once the matters are determined [3]

Core Viewpoint - The concept of "good housing" has been officially included in the government work report, emphasizing the need for high-quality living standards and the launch of a nationwide housing upgrade initiative [2] Group 1: Market Demand and Sales Performance - In the first half of the year, new home sales in Minhang reached 946,000 square meters, an increase of 12.8%, accounting for 10% of the city's total [2] - The Poly Haishangyin project in Minhang sold out its first batch of homes within one hour, indicating strong demand for quality residential properties in Shanghai [2] - The An Gao Shunlongyuan project achieved sales of over 3.5 billion yuan from November 2024 to March 2025, with 1.68 billion yuan in sales recorded on May 10 during its third launch [6] Group 2: Quality Standards and Innovations - The Ministry of Housing and Urban-Rural Development has released national standards for residential projects, defining the baseline for "good housing" [3] - Many real estate projects in Minhang are not only meeting but exceeding these standards, enhancing living experiences with features like higher ceiling heights and improved sound insulation [3][5] - The Xiangyu Tianchen Yasu project emphasizes the concept of "one lifetime home," focusing on meeting the diverse needs of families across different life stages [15][21] Group 3: Community and Lifestyle Integration - The Shangfang Shangwan Linyu project integrates urban convenience with a pastoral lifestyle, featuring a 15-minute living circle and ecological parks [13] - The community design includes ample storage space and thoughtful planning for vehicle and pedestrian separation, enhancing overall living comfort [5] - The property management services are increasingly important to consumers, with initiatives like after-school programs for children being introduced to meet community needs [21]

Core Viewpoint - The real estate market in China is showing signs of stabilization, with a narrowing decline in housing prices and improved sales performance due to supportive government policies aimed at boosting demand [1][4][6] Price Trends - In August, new residential prices in first-tier cities decreased by 0.1% month-on-month, a reduction of 0.1 percentage points compared to July, with Shanghai seeing a 0.4% increase while Beijing, Guangzhou, and Shenzhen experienced declines [2][3] - Year-on-year, the price decline for new residential properties in first, second, and third-tier cities narrowed by 0.2, 0.4, and 0.5 percentage points respectively compared to June [3] Sales Performance - For the first eight months of the year, the sales area of new residential properties decreased by 4.7% year-on-year, but this decline was 13.3 percentage points less than the same period last year [4] - The sales revenue for new residential properties fell by 7.3%, a reduction of 16.3 percentage points compared to the previous year [4] Market Sentiment and Activity - The real estate brokerage industry’s sentiment index rose by 2.8 to 47.26 in August, indicating the highest monthly increase this year, suggesting a positive shift in market confidence [3] - The upcoming "Golden September and Silver October" traditional peak season is expected to boost transaction volumes, supported by favorable policies [6] Inventory and Funding - The inventory of unsold residential properties decreased by 3.17 million square meters at the end of August compared to July, marking six consecutive months of decline [5] - Funding for real estate development decreased by 8% year-on-year, but the decline was 12.2 percentage points less than the previous year [5] Future Outlook - The market is anticipated to benefit from ongoing policy support and the upcoming peak season, with potential increases in transaction volumes [6] - Long-term prospects include accelerated progress in affordable housing initiatives and urban renewal projects, which are expected to inject new demand into the market [6]