On March 27, 2026, LONGFOR GROUP Holdings Limited ("LONGFOR GROUP" or the "Group", HKEX stock code: 0960) announced its full-year results for the period ending December 31, 2025. Throughout 2025, the property sector accelerated its transition towards a new development model amid a period of deep adjustment, with the focus of urban development shifting from expansion to enhancing existing stock. Confronting the cyclical challenges of this transition, LONGFOR GROUP consistently maintained clear strategic focus, adhered to financial discipline, prioritized cash flow, continuously optimized its asset and debt structures, and refined its operational and service capabilities, thereby accumulating essential momentum for long-term growth.

For the year 2025, LONGFOR GROUP reported operating revenue of RMB 97.31 billion. Revenue from property development amounted to RMB 70.54 billion, with a total delivered gross floor area of 5.925 million square meters. As the real estate industry enters a new phase characterized by "controlling new supply, reducing inventory, and optimizing offerings," the supply-demand dynamic is expected to move towards balance, driven by supply-side reforms. As a key initiative for "optimizing offerings," the full-chain development of "quality housing" has gained momentum. LONGFOR GROUP formally released its "Quality Housing Product Standards" in 2025. These standards encompass 435 specific requirements, establishing a "Four-Good" value system based on product strength, service capability, and supporting facilities, which covers "good+ community, good+ neighborhood, good+ housing, and good+ service," thereby contributing corporate effort to the construction of quality homes.

By implementing these quality housing standards, LONGFOR GROUP delivered approximately 70,000 residential units across 39 cities in China during 2025, achieving a delivery satisfaction rate exceeding 90%, thus fulfilling its commitments to customers with quality and care. Proactively adapting to market changes, the Group's property development business responded to market demand by focusing on inventory reduction and actively revitalizing its existing land bank. During the reporting period, LONGFOR GROUP achieved contracted property development sales of RMB 63.16 billion, maintaining a focus on sales quality and achieving high-quality collection, with a consolidated collection ratio exceeding 100%. Regionally, sales contributions from the Western, Yangtze River Delta, Bohai Rim, Southern China, and Central China regions accounted for 28.9%, 27.2%, 24.1%, 10.8%, and 9.0% of the Group's total sales, respectively, with Tier 1 and Tier 2 cities comprising 89% of sales.

In expanding its new project pipeline, LONFOR GROUP continued to strictly adhere to its investment principles and discipline, insisting on living within its means, prudently balancing volume and price, and opportunistically acquiring new land. In 2025, the Group acquired 7 land parcels in core cities including Shanghai, Shenzhen, Suzhou, Chongqing, and Chengdu, adding a total gross floor area of 377,000 square meters to its land reserve, with an attributable area of 265,000 square meters. As of December 31, 2025, LONGFOR GROUP's total land reserve stood at a gross floor area of 22.35 million square meters, with an attributable area of 17.32 million square meters.