Greentown China Holdings Ltd.HKEX: 3900

2025 Interim Results Announcement

· Issued by Greentown China Holdings Ltd.






2025 Interim Results Presentati

August-20g5v ""

GREENTOWN CHINA HOLDINGS LIMITED

(incorporated in the Cayman Islands with limited liability) (si‹›ck c»ae o3goo)

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Contents



  1. Operational Review

  2. Financial Highlights

OJ Appendix



Operational

Review

Industry Landscape and Challenges Ongoing Bottoming Adjustment with Recovery Momentum Still Fragile

Constantly 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 Development

Tackling 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

4



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