CHINA AOYUAN (03883) announced its interim results for the six months ended June 30, 2025. The group recorded total revenue of RMB 4.466 billion, representing a 5.67% year-on-year decrease. The company reported a loss attributable to shareholders of RMB 8.814 billion, compared to a profit of RMB 22.312 billion in the same period last year. The loss per share was 217 cents.

During the reporting period, the company's loss attributable to shareholders was approximately RMB 8.814 billion, while the same period in 2024 recorded a profit of approximately RMB 22.312 billion, which included overseas debt restructuring gains of approximately RMB 26.638 billion.

Throughout the reporting period, the group consistently prioritized "guaranteed delivery" as the core task of operational recovery, while simultaneously accelerating the resolution of domestic debt risks. Through strengthening cost control and enhancing sales cash generation capabilities, the group promoted a bottoming-out and recovery trend in its operational fundamentals.

During the reporting period, the group achieved property contract sales of approximately RMB 4.02 billion, with contract sales gross floor area of approximately 436,000 square meters. The group continues to focus on core cities in the Greater Bay Area. As of June 30, 2025, the total gross floor area of land reserves in the Greater Bay Area was approximately 5.39 million square meters, with equity gross floor area of approximately 4.06 million square meters.

Against the backdrop of favorable industry policies and continued market confidence recovery, the group will seize the industry recovery window period and focus on three core strategies: deepening sales and inventory reduction while accelerating resource integration; tackling debt restructuring to optimize capital structure; and strengthening operational foundations while exploring new profit models such as light-asset construction management. These efforts aim to build sustainable operational capabilities, restore market confidence, and drive the group's sustainable and steady development, continuously creating value for shareholders, investors, and society.