Core Points - Beijing's Xicheng District is undergoing systematic and large-scale urban renewal to enhance its overall carrying capacity [1][2] - The district has completed significant infrastructure improvements, including the renovation of 84 roads and the removal of 153 kilometers of guardrails [2] - Xicheng has transformed 148 old residential communities, covering an area of 2.68 million square meters, and has implemented various renewal models [2][3] Urban Environment Enhancement - The district features 238 boutique streets, 878 beautiful streets, and 150 tree-lined slow-moving roads, contributing to a refined urban environment [3] - PM2.5 average concentration has improved by 33.8% compared to the end of the 13th Five-Year Plan, with water quality compliance rates at 100% [3] Economic Development - Xicheng is upgrading traditional commercial areas like Xidan and Dashilar while fostering new business districts such as Financial Street [6] - The district has introduced 328 "first stores" and established 53 "ten-minute convenient living circles" covering 263 communities [6] Cultural Heritage Promotion - The district has completed 21 tasks related to the application for World Heritage status for the central axis and has released 20 projects for the revitalization of cultural relics [7] - Cultural events such as the "Haitang Poetry Festival" have attracted international participation, showcasing the district's rich cultural heritage [7]

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的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 JOY CITY PROPERTY LIMITED 大悅城地產有限公司 （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號：207） 截至2025年6月30日止六個月 之未經審核營運數據 大悅城地產有限公司（「本公司」）董事會（「董事會」）宣佈，本公司及其附屬公司（「本集團」） 截至2025年6月30日止六個月之未經審核營運數據如下： | | | 平均租金 | | --- | --- | --- | | 投資物業 | 出租率 | 單價同比 | | 西單大悅城 | ~95% | + ~1% | | 朝陽大悅城 | ~94% | – ~1% | | 天津南開大悅城 | ~98% | – ~4% | | 瀋陽大悅城 | ~95% | – ~4% | | 上海靜安大悅城 | ~95% | + ~13% | | 煙臺大悅城 | ~92% | – ~8% | | 杭州大悅城 | ~91% | + ...

Core Viewpoint - Dalian City Holdings announced a privatization proposal for its subsidiary Dalian City Real Estate, aiming to optimize governance and enhance net profit after the transaction [2][3] Group 1: Privatization Proposal - Dalian City Real Estate plans to repurchase shares from shareholders other than the company and DeMao, and will apply for delisting from the Hong Kong Stock Exchange [2] - The company holds approximately 64.18% of Dalian City Real Estate's issued ordinary shares and 59.59% of total issued shares including convertible preferred shares [2] - The proposed arrangement involves the cancellation of 4,729,765,214 shares, with shareholders entitled to receive HKD 0.62 per canceled share, totaling approximately HKD 2.93 billion [2] Group 2: Financial Performance - In 2024, Dalian City Real Estate reported total revenue of CNY 19.831 billion, a year-on-year increase of 49.4% [4] - Revenue from property development reached CNY 14.545 billion, up 88.8%, accounting for 73.34% of total revenue [4] - Dalian City Holdings reported revenue of approximately CNY 35.791 billion in 2024, a decrease of 2.70% from 2023, with a net loss of approximately CNY 2.977 billion [4] Group 3: Market Context - Dalian City Real Estate has faced market fluctuations and liquidity pressures due to cyclical industry developments [3] - The company has accumulated losses exceeding CNY 7 billion over the past three years [5] - As of July 31, Dalian City Holdings' stock closed at CNY 3.02, down 3.82%, with a total market capitalization of CNY 12.9 billion [5]