Kingfar Property released its 2025 Board Report and audited results ahead of the Annual General Meeting (AGM) set for 25 June 2026 in Xi’an.

Financial highlights (FY 2025): • Revenue rose 10.27% year-on-year to RMB1.05 billion. • Gross profit increased 13.30% to RMB162 million, lifting gross margin 0.4 percentage point to 15.5%. • Net profit advanced 8.30% to RMB66.19 million. • Total assets reached RMB972 million and net assets RMB328 million, resulting in a gearing ratio of 66.23%.

Operational developments: • Expanded nationwide footprint via new branches in Yunnan, Beijing, Urumqi, Zhengzhou and Yulin, with a strategic push into military procurement and urban services. • Launched residential and administrative office business divisions under a “line + block” model and began compiling a comprehensive SOP manual to standardise service quality. • Diversified through specialised subsidiaries: the catering arm broadened into campus and healthy-meal segments, while the smart-management unit added an energy-management module to its PEIMS platform.

Governance and compliance: • Nine Board meetings in 2025 approved 38 resolutions; two shareholder meetings passed 11 resolutions, including elimination of the supervisory committee and amendments to the Articles of Association. • Six Audit Committee, one Remuneration Committee and three Nomination Committee meetings were held. • The company will launch a tender to appoint new domestic and overseas auditors, with an extraordinary general meeting expected on or about 9 July 2026 to confirm appointments.

AGM agenda: 1) 2025 Board Report 2) 2025 audited consolidated financial statements 3) 2025 annual report 4) Directors’ remuneration for 2026 (executive directors by position; independent non-executive directors RMB200,000 each; no fees for non-executive directors)

Shareholders of record as of 25 June 2026 may attend and vote; the register closes 18–25 June 2026. Proxy forms must be lodged 24 hours before the meeting.