YUEXIU PROPERTY (00123) announced its full-year 2025 results, achieving approximately 86.46 billion yuan in revenue, a slight increase of 0.1% year-on-year. Profit reached about 1.78 billion yuan, rising by 21.4% compared to the previous year. Core net profit was approximately 260 million yuan, while profit attributable to equity holders was around 60 million yuan. Basic earnings per share stood at 0.0137 yuan. Amid a complex market environment, the group adhered to its annual focus on stabilizing performance, pursuing breakthroughs, refining management, and enhancing capabilities. It remained committed to integrating into the national development framework, prioritizing high-quality growth, and deepening its dual focus on commercial and residential properties. The group implemented lean management practices and continuously upgraded its product and service offerings, demonstrating strong resilience and accumulating momentum for transformation and upgrading, successfully concluding the 14th Five-Year Plan period. Based on a marketing strategy of tailored approaches for individual projects and precise empowerment, the group established a dynamic marketing matrix. For new projects, it reinforced product positioning and customer outreach through a value-forward concept, while implementing phased launch strategies for inventory projects. Utilizing big data analytics, the group achieved precise pricing, targeted promotion, and customized services. In 2025, the group recorded contract sales value, including sales from joint ventures and associated companies, of approximately 106.21 billion yuan, maintaining a position above the 100-billion-yuan threshold for the third consecutive year. Sales in its six core cities amounted to about 90.9 billion yuan, accounting for 85.6% of the total contract sales value. According to CRIC statistics, the group's annual contract sales value secured a place within the top ten nationally, ranking ninth, highlighting its solid market position and robust development resilience. Through disciplined investment pacing, deepened cooperation, and a focus on high-tier core cities, the group successfully acquired 25 prime land parcels during the year, adding approximately 2.78 million square meters of new land reserves. The equity investment amount reached about 24.4 billion yuan, with 96.3% concentrated in the six core cities, indicating a continued shift of land reserve structure towards high-tier urban areas. The group demonstrated significant cost advantages, with an overall investment premium rate of about 9.3%, securing quality land reserves at relatively lower costs. As of the end of 2025, the group's total land reserves stood at approximately 18.55 million square meters. Regional distribution was highly focused, with 94.4% of land resources located in first and second-tier cities. The Greater Bay Area, Eastern China, Central and Western China, and Northern China accounted for about 42.6%, 17.8%, 23.7%, and 15.9% of the total land reserves, respectively. The resource structure continued to optimize, with salable property value in the core six cities representing about 75% of the total, laying a solid foundation for future high-quality development. During the year, the group received its first "Five-Star" rating, the highest possible, in the Global Real Estate Sustainability Benchmark (GRESB), with a comprehensive score ranking among the top mainland real estate enterprises. Its Wind ESG rating was upgraded to "AA," and its Hang Seng Sustainability Index rating was elevated to "A+." The group was included in the Hang Seng Corporate Sustainability Benchmark Index constituents for the second consecutive year. Its S&P CSA performance placed it in the top 8% globally among peers. Additionally, the group was honored with the "ESG Leading Enterprise Award" by Bloomberg Businessweek (Chinese Edition), reflecting steady progress in its sustainable influence.