CIFI HOLD GP (stock code: 00884) released an inside‐information announcement on 16 March 2026, projecting a swing to profit for the year ended 31 December 2025.

The Board estimates net profit attributable to equity owners will reach RMB17.00–19.00 billion, versus a RMB7.08 billion loss in 2024. The improvement is mainly driven by an approximately RMB40.00 billion one-off gain from the completion of the Group’s offshore debt restructuring on 29 December 2025.

Excluding this non-recurring item, the Group expects a core loss of RMB7.50–9.00 billion (2024: RMB5.83 billion loss). Management attributes the underlying deficit to lower revenue from fewer property project completions and a compressed gross margin amid a market downturn.

Debt metrics show notable progress following onshore and offshore restructurings: • Short-term debt ratio is projected to fall below 30 % by 31 December 2025. • The enhanced capital base and reduced leverage are expected to deliver a “significant” year-on-year drop in the net gearing ratio.

The FY2025 audited results are scheduled for release on or before 31 March 2026. All figures are based on unaudited management accounts and may be subject to adjustments. Shareholders, bondholders and prospective investors are advised to exercise caution when dealing in the Company’s securities.