Greenland Hong Kong (00337) announced interim results. Shareholders' losses of $1,407 billion increased 161.48% year over year

According to the Zhitong Finance App, Greenland Hong Kong (00337) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 2,338 billion yuan, a year-on-year decrease of 66.29%; losses attributable to company owners were 1.407 billion yuan, an increase of 161.48% over the previous year; and a basic loss of 0.51 yuan per share.

In the first half of 2026, Greenland Hong Kong will focus on the Yangtze River Delta and the Greater Bay Area, strengthen the strategic layout of first-tier cities, and continue to improve regional operation efficiency. As of June 30, 2026, the Group has sufficient high-quality land reserves of about 16.4 million square meters, mainly concentrated in core cities, which is sufficient to support development needs in the next few years.

Greenland Hong Kong firmly implements the “1+2+3+X” medium- to long-term development blueprint, and closely focuses on the main work line of “improving management quality, improving efficiency, speeding up transformation, and strengthening the team” to promote effective quality improvement and reasonable volume growth of the business. The Group will adhere to the strategic policy of “planning the long term, consolidating development, and innovating the layout”: on the one hand, it will focus on the two core areas of marketing elimination and inventory revitalization, accelerate the release of the value of existing assets, and make every effort to ensure stable cash flow. Strengthen sales efforts, sort out corner assets and adapt solutions; on the other hand, make every effort to boost the scale of intelligent manufacturing (contract construction) collaborative business, accelerate market-based expansion and brand value release in the three major sectors of commercial operations, property services, and long-term rental apartments, and actively cultivate other business growth points such as cultural tourism to build a more balanced and resilient business ecosystem.