Shimao Group Holdings Limited Reports Unaudited Operating Statistics for the First Two Months of 2026

Key Highlights of the Performance

• Aggregated Contracted Sales: For the two months ended 28 February 2026, Shimao Group Holdings Limited (“the Company”) and its subsidiaries (“the Group”) recorded aggregated contracted sales of approximately RMB2.811 billion.
• Aggregated Contracted Sold Area: The total contracted sold area during this period was 230,503 square meters.
• Average Selling Price: The average selling price achieved for the two-month period was RMB12,195 per square meter.
• February 2026 Performance: Specifically for February 2026, contracted sales reached approximately RMB1.301 billion, with a contracted sold area of 109,721 square meters. The average selling price for February 2026 was RMB11,855 per square meter.

Key Information for Shareholders and Potential Price Sensitive Factors

• Unaudited Data: The sales data disclosed is unaudited and based on preliminary internal information. The final audited or unaudited consolidated financial statements may differ from—possibly materially—these preliminary figures due to various uncertainties and the ongoing process of data collation.
• Caution Advised: Investors are specifically cautioned not to place undue reliance on this preliminary data when making investment decisions. The company underlines that the data is provided for reference only. Shareholders are encouraged to seek professional advice when in doubt.

Board Composition Update

As of the date of this announcement (13 March 2026), the Board comprises:

• Three Executive Directors: Mr. Hui Sai Tan, Jason (Chairman and President), Mr. Xie Kun, and Mr. Zhao Jun
• Two Non-executive Directors: Ms. Hui Mei Mei, Carol and Mr. Shao Liang
• Three Independent Non-executive Directors: Mr. Lyu Hong Bing, Mr. Lam Ching Kam, and Mr. Fung Tze Wa

Analysis & Potential Share Price Impact

The reported sales figures, while indicating continued contracted sales activity, reflect a modest scale relative to the Group’s historical performance. The average selling price saw a slight decline from the two-month average to the February figure, which may be scrutinized by investors as a signal of pricing pressure or changing market demand. Furthermore, the disclosure that these figures are preliminary and unaudited introduces an element of uncertainty that could increase volatility in the Company’s share price as the market awaits the final, audited results.

Investors should closely monitor subsequent financial statements and any further operational updates from the Company, as material differences between these preliminary figures and final results could have a significant impact on valuation and share price.

Disclaimer: The information provided above is based on the Company’s unaudited operating statistics for January–February 2026 and is intended for information purposes only. Investors are strongly advised to exercise caution, not to place undue reliance on the preliminary data, and to seek professional advice before making investment decisions. Final, audited results may materially differ from the figures disclosed here.

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