CHINAOVERSEAS：BUSINESSREVIEWOPERATINGINFORMATIONANDFINANCIALPERFORMANCEFORTHEFIRSTQUARTEROF2025.pdf

1、1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reli

2、ance upon the whole or any part of the contents of this announcement.(incorporated in Hong Kong with limited liability)(Stock Code:688)BUSINESS REVIEW,OPERATING INFORMATION AND FINANCIAL PERFORMANCE FOR THE FIRST QUARTER OF 2025 The business review,operating information and financial performance of

3、China Overseas Land&Investment Limited(the“Company”)and its subsidiaries(collectively referred to as the“Group”)for the first quarter of 2025 are presented as follows:Business Review In the first quarter of 2025,the global economic recovery remained weak under the impact of trade protectionism.China

4、s economy made a solid start,however,in the face of a more complex and challenging external environment,it stands ready to respond proactively with strong policy tools.During the first quarter of 2025,with the gradual implementation of policies in various regions,the essential housing needs of first

5、-home buyers and demands for better housing were gradually released,and the rate of decline in home sales in key cities narrowed compared with 2024.In early March,during the“Two Sessions”,the governments work report emphasises“making continued efforts to stem the downturn and restore stability in th

6、e property market”.The policies for boosting domestic demand and stabilising the housing market strongly underpin the stabilisation of the property market.The Group is financially sound and well-funded,with excellent asset quality and quantity that provides a robust safety barrier.The Group has cont