5i5j(SZ:000560)2026-01-27 02:10Summary of Conference Call Notes Company and Industry - The conference call discusses the real estate market performance of "我爱我家" (Woya Home) in January 2026, focusing on the second-hand housing market in five core cities in China [1][2]. Key Points and Arguments - Beijing Market Performance: - Transaction volume and viewings increased by approximately 10-15% compared to December 2025 [1][2]. - The top two real estate agencies in Beijing also reported a similar increase in transaction volume [1]. - Shanghai Market Performance: - Transaction volume rose by approximately 25-30%, while viewings increased by about 10-15% [1][2]. - Hangzhou Market Performance: - Transaction volume increased by approximately 10-15%, with viewings rising by 5-10% [1][2]. - Nanjing Market Performance: - Transaction volume grew by approximately 20-25%, and viewings increased by 10-15% [1][2]. - Suzhou Market Performance: - Transaction volume rose by approximately 15-20%, with viewings also increasing by 15-20% [1][2]. - Year-on-Year Comparison: - Compared to January 2025, Beijing's transaction volume increased by approximately 40-45%, and viewings rose by 30-35% [2]. - Shanghai's transaction volume increased by approximately 35-40%, with viewings rising by 45-50% [2]. - Hangzhou's transaction volume increased by approximately 5-10%, while viewings rose by 45-50% [2]. - Nanjing's transaction volume increased by approximately 30-35%, and viewings rose by 40-45% [2]. - Suzhou's transaction volume saw a significant increase of approximately 35-40%, with viewings skyrocketing by 110-120% [2]. - Listing Volume: - Compared to the end of December 2025, listing volumes in Beijing and Shanghai decreased by about 3%, while Hangzhou remained stable [2]. Other Important Information - The data reflects a strong recovery in the second-hand housing market across major cities, indicating potential growth opportunities in the real estate sector [1][2]. - The significant year-on-year increases, especially in Suzhou, suggest a robust demand and possibly a shift in market dynamics [2].