New City Development Group publishes 2025 annual report

PUBT·04/29/2026 09:25:57

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New City Development published its 2025 annual report, flagging a wider annual loss as operating conditions in China remained weak.
Guangzhou property management unit Changliu received an official notice on May 27, 2025 that Changliu Industrial Park was included in Haizhu District redevelopment scope, with land acquisition talks now under negotiation.
Retail and consumer spending operations in Mainland China were restructured at end-2024, with focus shifting to a more cautious expansion model during 2025.
Luoyang investment property project remained pending formal approvals at Dec. 31, 2025, following planning steps completed in 2023-2024 to shift land use to mixed residential and commercial.
Zhuhai development plans stayed on a slow track in 2025 as management monitored property market trends and aligned next steps with policy direction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New City Development Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12133347), on April 29, 2026, and is solely responsible for the information contained therein.

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