Shimao Group: Loss of 8.934 billion yuan in the first half of 2025.

Shimao Group Announcement: In the first half of 2025, the operating income is approximately 14.827 billion yuan, a year-on-year decrease of 49.2%. Among them, property sales revenue is 8.905 billion yuan, accounting for 60.1% of total revenue. The net loss attributable to the company's equity holders is approximately 8.934 billion yuan, compared to 22.668 billion yuan in the same period last year. The Board of Directors does not recommend the distribution of interim dividends for the first half of 2025.