2025 Interim Results Presentati
August-20g5v ""
GREENTOWN CHINA HOLDINGS LIMITED
(incorporated in the Cayman Islands with limited liability) (si‹›ck c»ae o3goo)
t@HRFRttDRfiIit& f8'ñai i (RRRR : oo9oo›
Contents
Operational Review
Financial Highlights
OJ Appendix
Operational
Review
Industry Landscape and Challenges Ongoing Bottoming Adjustment with Recovery Momentum Still FragileConstantly shrinking scale
Sales area of new commercial housing
Jan to Jun 2025: 459 mn sqm / -3.5% YoY
Of which, area of residential properties -3.7% YoY
Sales of new commercial housing
Jan to Jun 2025: RMB 4.42 tn / -5.5% YoY
Of which, sales of residential properties -5.2% YoY
Ongoing market downturn
Accelerated contraction in
property development investment
End of 2024 / Jun 2025: -10.6% / -11.2% YoY
Continued decline in growth of funding
for real estate companies
-3.6%
-3.7%
-4.1%
-5.3%
-6.2%
2025 Jan - Feb Jan - Mar Jan - Apr Jan - May Jan - Jun
Real estate development prosperity index declined
93.76
93.93
93.84
93.71
93.60
93.31
2025 Jan Feb
Mar
Apr
May
Jun
Persistent decline in prices
MoM change in 70-city new housing prices: Falling for 25 consecutive months
-0.1% -0.1% -0.1% -0.1% -0.2%
-0.3%
Jan
Feb
Mar
Apr
May
Jun
MoM change in 70-city existing housing prices:
Falling for 26 consecutive months
-0.3%
-0.3%
-0.2%
-0.4% -0.5%
-0.6%
Jan
Feb
Mar
Apr
May
Jun
Increasing inventory and ongoing downward pressure on prices
Area available for sale of new commercial housing
End of 2024 / Jun 2025: 750 mn / 770 mn sqm
Note: Data sources are the National Bureau of Statistics of China and Wind 3
Operating Directions and Measures
Meticulous cultivation for survival, transformation for advancement, innovation for long-term development, and relentless efforts for success
Maintaining alertness, bottom-line thinking, and awareness of change
Mission Transformation DevelopmentTackling inventory challenges
Revenue enhancement & expense saving
Cost reduction & efficiency improvement
Quality delivery
Marketing innovation Product refinement Iterative operation Organizational reform
Investment-leading
Enhancing project management
Business breakthroughs Strategic upgrades
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