GREENTOWN MGMT (09979) expects a year-on-year decline of approximately 40% to 50% in net profit attributable to shareholders in 2025.

GREENTOWN MGMT (09979) announced that the company's net profit attributable to shareholders for the year 2025 is expected to decrease by about 40% to 50% compared to the year ended December 31, 2024, to approximately RMB 801 million. The expected decrease is mainly due to intensified competition in the construction industry, a decrease in project revenue, and a decrease in gross profit due to rigid personnel costs. As of the year ended December 31, 2025, the total contractual construction area of the group's newly developed construction projects is approximately 35.35 million square meters, with an estimated construction fee of approximately RMB 9.35 billion. The company's market share has been over 20% for ten consecutive years, maintaining a leading position in the industry. The repeat commission rate has increased for three consecutive years to 26%, and key indicators such as market share in leading provinces and the initiation rate of new projects have steadily improved. High-quality deliveries are approximately 14.51 million square meters, exceeding ten million square meters for five consecutive years, ranking first in the industry, with high customer and owner satisfaction. Operating cash flow continues to improve, and the company's financial situation is healthy, providing a solid foundation for the company's high-quality and steady development. In addition, in 2025, the company repurchased and canceled a total of 10 million ordinary shares, and for the first time, distributed a mid-term dividend of RMB 0.076 per share. Through various measures, the company continues to create stable and high-quality shareholder returns.