GREENTOWN CHINA issues a profit warning, expecting a decline of approximately 90% in profit attributable to shareholders for the interim period

Greentown China issued a profit warning, expecting that the profit attributable to shareholders for the mid-2025 period will decline by approximately 90%, mainly due to uneven delivery schedules and a year-on-year decrease in area and revenue recognized in the first half of the year. In addition, the company will recognize related asset impairment losses, affecting shareholder profits. Nevertheless, the group has optimized its debt structure, with the proportion of short-term liabilities falling to a historical low, ample cash reserves, and a cash-to-short-term debt ratio exceeding 2.5 times, indicating overall stable operations