Million Cities Holdings publishes 2025 annual report

• Million Cities Holdings published annual report for year ended Dec. 31, 2025, flagging a continued weak China property market with slowing declines in sales activity.
• Group focused on operational stability, inventory digestion, cash flow control; said all bank loans at subsidiaries were fully repaid.
• Contracted sales value, including associates at 100% level, reached RMB 116 million on 18,378 sq.m. of GFA, led by projects in Huizhou, Tianjin, Henan.
• Land bank totaled about 1,185,964 sq.m. of GFA, including 335,607 sq.m. of unsold completed projects.
• Strategy shifted toward selective opportunities in property investment including industrial parks, light-asset property management, sustainable project investments.

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