Greentown Management spent about 1.5862 million Hong Kong dollars to repurchase 550,000 shares. The mid-term performance is stable and the first interim dividend will be paid.

Green City Management Holdings announced that the company spent approximately 1.5862 million Hong Kong dollars today to repurchase 552,000 shares at a repurchase price range of 2.85 to 2.9 Hong Kong dollars per share, demonstrating the firm confidence of the company's management in future development and long-term value. The mid-term financial report shows that Green City Management's newly developed construction fees increased by 19% year-on-year, and the newly developed construction area increased by 14% year-on-year; operating net cash flow and sales amount both saw year-on-year improvements, with a net profit margin of 19% remaining at a high level. Benefiting from strong performance, Green City Management implemented a mid-term dividend for the first time, with a dividend of 0.076 Hong Kong dollars per share. Zhongjin released a research report stating that, considering the current valuation level and dividend yield, the stock rating of Green City Management Holdings is raised to "outperform the industry," maintaining a target price of 3.2 Hong Kong dollars, mainly reflecting the company's improved front-end operating trend and additional support from a higher dividend yield. The bank believes that the positive changes in front-end operating indicators have the potential to support the company's future performance and stabilize operating cash flow.