3377 H1 2026 Financial Report

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– 1 – Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2026 RESULTS HIGHLIGHTS • The Group (including its joint ventures and associates) continually adhered to ensuring delivery. We completed the delivery of approximately 6,500 residential units for the period, with the delivery quality ranking among the top tier in the industry. • Total contracted sales amounted to RMB8,140 million, representing a YoY decrease of 39%. • Revenue amounted to RMB6,597 million, representing a YoY increase of 6%. • Gross profit was RMB15 million, turning around from a recorded gross loss of RMB4,966 million for the corresponding period of 2025. • Loss attributable to owners of the Company was RMB7,149 million, as compared to a profit attributable to owners of the Company of RMB10,202 million for the corresponding period of 2025, which mainly benefited from one-off debt restructuring gains. The loss for the period was mainly attributable to the continuous adjustment in the overall real estate market of China in recent years, resulting in the revenue and gross margin remaining under pressure, along with additional provision for impairment of property projects. • Total borrowings reduced to RMB50,391 million. The Group continued to mitigate debt risks while remaining committed to exploring new business opportunities in the asset-light sector.

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– 2 – The Board is pleased to announce the unaudited consolidated results of the Group for the six months ended 30 June 2026. 2026 INTERIM RESULTS For the six months ended 30 June 2026, the Group’s revenue was RMB6,597 million, representing a YoY increase of 6%; the gross profit was RMB15 million (first half of 2025: gross loss of RMB4,966 million). Loss attributable to owners of the Company was RMB7,149 million. Basic and diluted loss per share were RMB0.598. MARKET REVIEW AND OUTLOOK In 2026, the real estate industry in China remained in the period of deep adjustment and consolidation whilst bottoming out. The Central Government maintains a policy focus on stabilizing the real estate market, with supportive policies focusing on revitalizing existing inventory, optimizing supply, and stabilizing expectations. The market on the whole displayed an operational trend of “partial improvements under overall pressure”. In the first half of 2026, national real estate development investment was RMB3.8 trillion, a YoY decrease of 18%; saleable GFA delivered of newly-constructed commodity housing was 400 million sq.m. a decline of 11.6% YoY; sales revenue of newly-constructed commodity housing was RMB3.8 trillion, dropping by 13.6% YoY; funds in place for real estate development decreased by 20.2% YoY. The sector is still facing pressure in terms of sector investment, sales and financing. Risks elimination and market recovery will still take time. Looking ahead to the second half of 2026, the development logic of the real estate industry is undergoing profound changes. Urban development models are gradually moving away from a model dominated by development expansion and entering into a new phase that places equal importance on both new development and existing stock renewal. Industry risks will shift from concentrated outbreak in the early stage to an orderly resolution, while the debt restructuring of real estate enterprises, asset revitalization and the process of natural selection amongst market entities continue to deepen. Urban renewal, commercial operation, property management, senior living services and special assets will meet opportunities for expansion, and specialised operating capabilities and comprehensive service capabilities will become essential foundation for the enterprise to build up competitive advantage.

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– 3 – FINANCIAL REVIEW The components of the revenue are analysed as follows: Unaudited Six months ended 30 June (RMB million) 2026 2025 Changes Property development 4,105 3,296 25% Property investment 136 144 -6% Property management and related services 1,260 1,348 -7% Other real estate related businesses 1,096 1,415 -23% Total 6,597 6,203 6% The revenue of the Group in the first half of 2026 was RMB6,597 million, representing a 6% increase as compared to RMB6,203 million in the first half of 2025. The property development segment remained the largest contributor, which accounted for approximately 62% of the Group’s total revenue. During the first half of 2026, the revenue from property development contributed by the Beijing, Bohai Rim, Eastern, Southern, Central and Western Regions were 6%, 72%, 0%, 13%, 7% and 2%, respectively. Property management and related services mainly include (i) property management services; (ii) community value-added services; and (iii) value-added services to non-property owners. The other real estate related businesses include whole-industrial chain construction services, senior living services and asset-light agent construction etc. The Group’s total cost of sales for the period was RMB6,581 million (first half of 2025: RMB11,169 million). The Group’s total cost of sales was mainly the cost of property development, which mainly consisted of land cost and construction cost. Excluding car parks, average land cost per sq.m. of property development business during the period decreased to approximately RMB3,800 (first half of 2025: RMB6,300 per sq.m.); the average construction cost per sq.m. (excluding car parks) for property development business was approximately RMB4,500 for the first half of 2026 (first half of 2025: RMB5,700 per sq.m.). The decrease aforementioned was mainly due to less projects located in the first- tier cities being delivered during the first half of 2026.

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– 4 – Gross profit for the period was RMB15 million (first half of 2025: gross loss of RMB4,966 million). Gross profit margin was approximately 0.2% (first half of 2025: gross loss margin of 80%). The recorded gross profit for the period remaining under pressure was primarily attributed to the continuous adjustment in the overall PRC real estate market, which led to (i) the low level of the industry gross profit margin; and (ii) additional provision made by the Group for inventories. Interests and other income for the six months ended 30 June 2026 decreased by approximately 73% to RMB122 million (first half of 2025: RMB448 million). Such decrease was mainly due to the decrease in the interest income during the period. The Group recorded other losses (net) of RMB248 million for the period (first half of 2025: RMB3,326 million). The recorded other losses (net) for the period were primarily due to the continuous adjustment in the real estate market in the PRC. Other losses (net) for the first half of 2026 mainly comprised of provision for litigation and other contingent liabilities, net exchange gains and losses on disposal of interests in subsidiaries. For the first half of 2026, the Group recorded gains from debt restructuring of RMB276 million (first half of 2025: RMB31,756 million). The one-off and non-cash gains were derived from the completion of certain debt restructurings by the Group during the period. The Group recognised fair value losses on its investment properties (before tax and non- controlling interests) of RMB596 million for the first half of 2026 (first half of 2025: RMB644 million). Selling and marketing expenses for the first half of 2026 were RMB199 million (first half of 2025: RMB361 million). The decrease for the period was mainly due to the decrease in the contracted sales during the period. These costs accounted for approximately 2.4% of the total contracted sales amount for the first half of 2026 (first half of 2025: 2.7%). Administrative expenses for the first half of 2026 decreased to RMB545 million (first half of 2025: RMB632 million), which represented approximately 8.3% of the total revenue for the first half of 2026 (first half of 2025: 10.2%). We will continue to adopt strict cost control measures to maintain these costs at a relatively stable and low level. For the first half of 2026, the Group recorded net impairment losses under expected credit loss model of RMB4,022 million (first half of 2025: RMB9,725 million). The recorded losses for the period were primarily due to the continuous adjustment in the real estate market in the PRC, which led to the provisions made for expected credit losses on the trade and other receivables and financial guarantee by the Group during the period.

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– 5 – Due to the impact of the amortisation of finance cost related to debt restructuring, our weighted average interest rate increased from 5.84% for the first half of 2025 to 8.23% for the first half of 2026. During the first half of 2026, following the Group’s significant progress in the holistic debt management, the total finance costs for the period decreased to RMB2,070 million (first half of 2025: RMB2,765 million), of which RMB1,668 million (first half of 2025: RMB2,065 million) was not capitalized and charged to interim condensed consolidated statement of profit or loss. We recorded the aggregate of enterprise income tax and deferred income tax expense of RMB162 million for the first half of 2026 (first half of 2025: tax credit of RMB162 million). In addition, land appreciation tax for the first half of 2026 was RMB75 million (first half of 2025: RMB81 million). The loss attributable to owners of the Company was RMB7,149 million for the first half of 2026 (first half of 2025: profit of RMB10,202 million). The recorded loss for the reporting period was mainly attributed to the continuous adjustment in the overall real estate market in the PRC in recent years, resulting in the revenue and gross margin remaining under pressure, along with additional provision for impairment of property projects. As at 30 June 2026, the Group had total cash resources (including cash and cash equivalents and restricted bank deposits) of RMB6,373 million, of which approximately 98.8% (31 December 2025: 99.7%) of the Group’s cash resources were denominated in RMB with the remaining balances mainly denominated in USD and HKD. The current ratio was 0.87. During the first half of 2026, the Group was taking the initiative in mitigating liquidity risks, so as to ensure the Group will have sufficient cash resources to continue as a going concern and pay its debts. As at 30 June 2026, the Group’s net gearing ratio (i.e. total borrowings less total cash resources divided by total equity) was approximately -749%. During the period, the Group’s borrowings decreased from RMB50,852 million as at 31 December 2025 to RMB50,391 million as at 30 June 2026. With the loose policies in the real estate market in the PRC for the second half of 2026, we will continue to resolve the debt risks and focus on ensuring the delivery of property projects and lowering the net gearing ratio. As at 30 June 2026, approximately 65% of the Group’s borrowings were made at fixed interest rate. The Group has closely monitored interest rate movements and assessed its impacts to the Group’s financial performance and operations.

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– 6 – As at 30 June 2026, approximately 81% of the Group’s total borrowings were denominated in RMB and the remaining were denominated in other currencies, such as USD and HKD. As a result, the Group had a net currency exposure to fluctuations in foreign exchange rates. As non-RMB currency borrowings are subject to fluctuations of exchange rates, the Group is careful in having borrowings in non-RMB currencies. The Group has never engaged in the dealing of any financial derivative instruments for speculative purposes. Our operation has not been materially affected by the exchange rate fluctuations. The Group will continuously monitor exchange rate movements and consider appropriate measures to reduce the exchange rate risk. The maturities of the Group’s total borrowings are set out as follows: (RMB million) As at 30 June 2026 As a percentage of total borrowings As at 31 December 2025 As a percentage of total borrowings Within 1 year 24,631 49% 24,815 49% 1 to 2 years 4,086 8% 6,010 12% 2 to 5 years 4,564 9% 4,172 8% Over 5 years 17,110 34% 15,855 31% Total 50,391 100% 50,852 100% As at 30 June 2026, total pledged assets accounted for approximately 41% of the total assets of the Group (31 December 2025: 45%). In line with the prevailing commercial practice in the mainland China, the Group provides guarantees for mortgages extended to property buyers before completion of their mortgage registration. As at 30 June 2026, the total amount of the aforesaid guarantees provided by the Group was RMB11,371 million (31 December 2025: RMB10,627 million).

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– 7 – BUSINESS REVIEW Property development Recognised sales The Group’s revenue from property development segment increased by approximately 25% in the first half of 2026 to RMB4,105 million as compared to RMB3,296 million for the corresponding period in 2025. Saleable GFA delivered increased by approximately 52% from 340,000 sq.m. for the first half of 2025 to 516,000 sq.m. for the first half of 2026. Excluding car park sales, the average selling price recognised for the first half of 2026 decreased to approximately RMB8,300 per sq.m. (first half of 2025: RMB11,000 per sq.m.). The decrease was mainly due to the geographical location of the projects being delivered, of which were not mainly located in first-tier cities during the first half of 2026. Revenue and saleable GFA delivered by cities during the first half of 2026 are set out as follows: Regions Cities Revenue Saleable GFA delivered Approximate average selling price recognised (RMB million) (sq.m.) (RMB/sq.m.) Beijing Region Beijing 28 820 34,100 Taiyuan 27 2,743 9,800 Qinhuangdao 28 1,937 14,500 Langfang 77 5,430 14,200 160 10,930 14,600 Bohai Rim Region Tianjin 663 47,103 14,100 Qingdao 12 1,632 7,400 Jinan 2,225 311,553 7,100 Dalian 29 2,614 11,100 Shenyang 1 100 10,000 2,930 363,002 8,100

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– 8 – Regions Cities Revenue Saleable GFA delivered Approximate average selling price recognised (RMB million) (sq.m.) (RMB/sq.m.) Eastern Region Wenzhou 4 286 14,000 4 286 14,000 Southern Region Shenzhen 29 1,372 21,100 Guangzhou 38 2,748 13,800 Maoming 11 4,188 2,600 Fuzhou 24 2,225 10,800 Jiangmen 7 1,037 6,800 Zhongshan 264 32,784 8,100 Zhanjiang 105 17,719 5,900 Hong Kong 44 550 80,000 522 62,623 8,300 Central Region Wuhan 86 9,920 8,700 Ganzhou 204 33,487 6,100 290 43,407 6,700 Western Region Chengdu 5 413 12,100 Chongqing 21 1,918 10,900 Xi’an 16 736 21,700 Guiyang 29 4,344 6,700 71 7,411 9,600 Other projects 76 3,042 25,000 Subtotal (excluding carparks) 4,053 490,701 8,300 Carparks (various projects) 52 25,038 2,100 Total 4,105 515,739 8,000

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– 9 – Contracted sales Due to the impact caused by the continuous adjustment in the overall real estate market in the PRC, the Group’s contracted sales (including its joint ventures and associates) during the six months ended 30 June 2026 amounted to RMB8,140 million, representing an approximately 39% decrease as compared to RMB13,370 million from the corresponding period in 2025. GFA sold for the first half of 2026 decreased by approximately 20% to 676,200 sq.m. (first half of 2025: 849,000 sq.m.). Excluding car park sales, the average selling price decreased by approximately 30% to RMB13,300 per sq.m. (first half of 2025: RMB18,900 per sq.m.). The decrease in average selling price was primarily because of the decrease in newly launched projects in the first-tier cities during the first half of 2026. There were around 120 projects available for sale during the first half of 2026 (first half of 2025: 130 projects). In terms of distribution, contracted sales from first-tier and second-tier cities accounted for approximately 80%. The contracted sales amounts and saleable GFA sold by cities during the first half of 2026 are set out as follows: Regions Cities Contracted sales Approximate Saleable GFA sold Approximate average selling price (RMB million) (sq.m.) (RMB/sq.m.) Beijing Region Beijing 202 5,700 35,400 Taiyuan 19 2,100 9,000 Qinhuangdao 104 8,400 12,400 Langfang 22 2,200 10,000 Jinzhong 16 2,600 6,200 363 21,000 17,300 Bohai Rim Region Tianjin 885 69,100 12,800 Qingdao 7 1,300 5,400 Jinan 593 38,100 15,600 Dalian 9 1,400 6,400 Shenyang 2 200 10,000 1,496 110,100 13,600

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– 10 – Regions Cities Contracted sales Approximate Saleable GFA sold Approximate average selling price (RMB million) (sq.m.) (RMB/sq.m.) Eastern Region Shanghai 457 14,400 31,700 Suzhou 29 2,600 11,200 Wuxi 334 17,500 19,100 Changzhou 2 200 10,000 Wenzhou 11 800 13,800 Jinhua 1 200 5,000 Zhenjiang 135 27,000 5,000 Suqian 57 9,000 6,300 1,026 71,700 14,300 Southern Region Shenzhen 2,067 43,900 47,100 Guangzhou 31 1,900 16,300 Fuzhou 26 2,300 11,300 Foshan 104 8,100 12,800 Maoming 6 1,000 6,000 Jiangmen 32 3,500 9,100 Zhongshan 181 13,600 13,300 Zhanjiang 7 2,100 3,300 2,454 76,400 32,100 Central Region Wuhan 64 6,100 10,500 Zhengzhou 275 22,800 12,100 Changsha 41 5,400 7,600 Nanchang 7 600 11,700 Ganzhou 92 15,000 6,100 479 49,900 9,600

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– 11 – Regions Cities Contracted sales Approximate Saleable GFA sold Approximate average selling price (RMB million) (sq.m.) (RMB/sq.m.) Western Region Chengdu 115 8,800 13,100 Chongqing 20 1,700 11,800 Xi’an 649 59,500 10,900 Guiyang 247 25,700 9,600 Urumqi 9 600 15,000 Xining 28 9,900 2,800 Xishuangbanna 29 2,100 13,800 Baoshan 128 24,700 5,200 1,225 133,000 9,200 Other projects 897 134,700 6,700 Subtotal (excluding carparks) 7,940 596,800 13,300 Carparks (various projects) 200 79,400 2,500 Total 8,140 676,200 12,000 Landbank As at 30 June 2026, the landbank of the Group (including its joint ventures and associates) decreased to 24,500,000 sq.m. (31 December 2025: 27,051,000 sq.m.); and landbank with attributable interest decreased to 12,830,000 sq.m. (31 December 2025: 14,160,000 sq.m.) accordingly. During the first half of 2026, we together with our joint ventures and associates did not acquire any plot of land. In terms of total saleable GFA, the average land cost per sq.m. for our landbank as at 30 June 2026 was approximately RMB6,200 (31 December 2025: RMB6,100 per sq.m.).

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– 12 – The landbank details of the Group and its joint ventures and associates as at 30 June 2026 are set out as follows: Regions Cities Projects Districts Approximate total GFA Approximate total saleable GFA Remaining landbank Interest attributable to the Group (’000 sq.m.) (’000 sq.m.) (’000 sq.m.) (%) Beijing Region Beijing Captain House Fengtai District, Beijing 131 100 1 51.00% Central Peak Changping District, Beijing 256 193 176 50.00% Gold Mansion Daxing District, Beijing 118 99 79 25.00% Grand Harmony Emerald Residence Daxing District, Beijing 224 165 88 40.00% Hilltime Mentougou District, Beijing 430 344 430 10.00% Jasper Epoch Daxing District, Beijing 92 78 8 100.00% Jialihua Project, Shunyi District Shunyi District, Beijing 277 206 277 100.00% Liangxiang Project Fangshan District, Beijing 126 102 38 11.10% Ocean LA VIE Chaoyang District, Beijing 318 305 40 85.72% Ocean Metropolis Mentougou District, Beijing 330 276 44 58.00% Ocean Poetic Dwelling Shijingshan District, Beijing 249 187 56 31.00% Ocean Wuliepoch Shijingshan District, Beijing 595 458 102 21.00% Our New World Fangshan District, Beijing 109 91 13 100.00% Plot 6002, Mentougou New Town Mentougou District, Beijing 125 97 75 21.00% Royal River Villa Chaoyang District, Beijing 132 118 12 20.00% Sino-Ocean Apple Garden No.6 Shijingshan District, Beijing 69 50 42 51.00% Vision Place Chaoyang District, Beijing 27 21 27 28.57% Xanadu & Ocean Epoch Chaoyang District, Beijing 230 193 26 50.00% Xanadu & Ocean Palace Daxing District, Beijing 300 207 96 50.00% Xiji Plot E, Tongzhou District Tongzhou District, Beijing 139 136 139 50.00% Xinchi Tower Daxing District, Beijing 67 41 67 85.65% Yongjingtaoyuan Project Chaoyang District, Beijing 692 554 692 52.15% 5,036 4,021 2,528 Shijiazhuang Ande Memorial Park Jingxing County, Shijiazhuang 110 110 109 88.89% Gaocheng Logistics Project Gaocheng District, Shijiazhuang 54 – 54 64.30% Harmony Palace Zhengding New District, Shijiazhuang 152 140 29 38.35% 316 250 192 Taiyuan Glory Mansion Xinghualing District, Taiyuan 288 198 140 52.15% Jiefang Road Aegean Place Xinghualing District, Taiyuan 125 – 125 52.15% Ocean Crown Xiaodian District, Taiyuan 53 38 53 100.00% Ocean Seasons Wanbailin District, Taiyuan 308 254 42 100.00% Sky Masion Yingze District, Taiyuan 394 286 116 36.21% Sky of Palace Wanbailin District, Taiyuan 897 529 67 26.60% Villa Epoch Yangqu County, Taiyuan 54 34 18 44.00% Wangjiafeng Aegean Place Yingze District, Taiyuan 109 – 109 36.21% 2,228 1,339 670

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– 13 – Regions Cities Projects Districts Approximate total GFA Approximate total saleable GFA Remaining landbank Interest attributable to the Group (’000 sq.m.) (’000 sq.m.) (’000 sq.m.) (%) Qinhuangdao Seatopia Funing District, Qinhuangdao 1,438 1,243 1,056 100.00% Langfang Capital Palace Anci District, Langfang 404 292 18 52.15% Ocean Brilliant City Guangyang District, Langfang 1,897 954 1,127 43.20% Plot I, Guangyang Logistics Project Guangyang District, Langfang 45 – 45 64.30% Yanjiao Sanhe Internet Data Center Yanjiao County, Langfang 73 – 73 29.16% 2,419 1,246 1,263 Jinzhong Sky Masion Yuci District, Jinzhong 2,067 1,537 747 30.85% 13,504 9,636 6,456 Bohai Rim Region Tianjin Capital Palace Jizhou District, Tianjin 346 213 193 52.15% Happy Light Year Wuqing District, Tianjin 207 176 25 49.98% Jixian Aegean Place Jizhou District, Tianjin 87 – 87 52.15% Neo-metropolis Beichen District, Tianjin 2,579 2,013 1,334 51.00% Ocean Fantastic Time Dongli District, Tianjin 151 115 3 100.00% Ocean Orient Binhai New Area, Tianjin 164 126 7 100.00% Sky Masion Binhai New Area, Tianjin 388 231 5 52.15% Sky Masion Bay Binhai New Area, Tianjin 253 182 15 52.15% UPED Binhai New Area, Tianjin 653 445 259 51.00% Xanadu Binhai New Area, Tianjin 185 135 185 30.00% 5,013 3,636 2,113 Qingdao Ocean Glory Shibei District, Qingdao 102 76 1 10.75% Sino-Ocean Harmony Shibei District, Qingdao 377 270 5 43.00% Sino-Ocean Landscape Jimo District, Qingdao 113 86 14 100.00% 592 432 20 Jinan Fantastic Time Tianqiao District, Jinan 535 435 231 100.00% Minghu Mansion Tianqiao District, Jinan 555 461 256 100.00% Ocean Crown Huaiyin District, Jinan 103 87 95 85.65% Ocean Epoch Lixia District, Jinan 390 371 140 50.00% Ocean Mansion Huaiyin District, Jinan 228 190 18 79.60% Ocean Orient Licheng District, Jinan 544 422 91 42.00% Sino-Ocean Metropolis Tianqiao District, Jinan 379 255 45 70.00% Sky Masion Shanghe County, Jinan 583 520 257 30.66% 3,317 2,741 1,133 Dalian Diamond Bay Ganjingzi District, Dalian 1,497 1,345 542 100.00% Joy of Mountain and Sea Ganjingzi District, Dalian 189 150 1 51.00% Ocean Orient Jinpu New Area, Dalian 116 113 116 85.65% Ocean Tower River Bay Lvshunkou District, Dalian 234 200 194 100.00% 2,036 1,808 853 Shenyang Ocean Elite River Prospect Shenbei New District, Shenyang 400 313 246 60.00% Changchun Dream Jilin Shuangyang District, Changchun 326 255 216 52.15% Anshan International Plaza Tiedong District, Anshan 350 294 39 52.15% 12,034 9,479 4,620

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– 14 – Regions Cities Projects Districts Approximate total GFA Approximate total saleable GFA Remaining landbank Interest attributable to the Group (’000 sq.m.) (’000 sq.m.) (’000 sq.m.) (%) Eastern Region Shanghai Baoshan Sky Masion Baoshan District, Shanghai 213 115 53 52.15% Lingang Aegean Place Pudong New Area, Shanghai 66 – 66 52.15% Moon Mirage Chongming District, Shanghai 922 588 477 41.03% Ocean Fortune Center Pudong New Area, Shanghai 59 45 16 100.00% 1,260 748 612 Suzhou Mansion Yue Wujiang District, Suzhou 150 147 47 70.00% Rocker Park Huqiu District, Suzhou 240 198 1 30.00% Royal Seasons Taicang City, Suzhou 105 77 28 34.00% Shengze Sky Masion Wujiang District, Suzhou 262 211 7 45.60% Shihu Project Wuzhong District, Suzhou 49 – 49 100.00% 806 633 132 Wuxi Life in Park Xinwu District, Wuxi 196 157 45 15.00% One Residence Xinwu District, Wuxi 211 154 22 21.66% 407 311 67 Changzhou Aegean Place Wujin District, Changzhou 197 – 197 52.15% Wenzhou Four Seasons Mansion Longwan District, Wenzhou 85 60 10 100.00% Peninsula No.9 Ouhai District, Wenzhou 276 174 138 41.36% 361 234 148 Yangzhou Home Furniture Mall Hanjiang District, Yangzhou 81 – 81 52.15% Sky Masion Hanjiang District, Yangzhou 467 348 467 52.15% 548 348 548 Jinhua Mountain Courtyard Wucheng District, Jinhua 171 124 123 26.60% Zhenjiang Central Mansion Danyang City, Zhenjiang 607 502 304 50.00% Suqian Shuyang Sky Masion Shuyang County, Suqian 545 407 33 100.00% Sky Masion Sucheng District, Suqian 484 411 157 14.08% 1,029 818 190 Huzhou Anji Internet Data Center Anji County, Huzhou 135 – 135 64.30% 5,521 3,718 2,456 Southern Region Shenzhen Ocean City Longgang District, Shenzhen 323 303 323 81.00% Ocean Express Longgang District, Shenzhen 556 437 75 100.00% Ocean Filter Longgang District, Shenzhen 92 64 27 100.00% Ocean No.163 Project Nanshan District, Shenzhen 141 106 141 48.00% Ocean Purity Longgang District, Shenzhen 152 108 152 39.20% Ocean Seafront Towers Nanshan District, Shenzhen 115 52 59 80.00% 1,379 1,070 777

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– 15 – Regions Cities Projects Districts Approximate total GFA Approximate total saleable GFA Remaining landbank Interest attributable to the Group (’000 sq.m.) (’000 sq.m.) (’000 sq.m.) (%) Guangzhou East Bay Zengcheng District, Guangzhou 141 96 8 40.00% Hibiscus Villa Huadu District, Guangzhou 179 87 2 51.00% Natural Mansion Zengcheng District, Guangzhou 76 48 6 100.00% Ocean Prospect Zengcheng District, Guangzhou 133 96 8 100.00% 529 327 24 Fuzhou Ocean Tianfu Cangshan District, Fuzhou 128 97 30 100.00% Foshan Landscape Shunde District, Foshan 80 63 39 49.00% Natural Mansion Nanhai District, Foshan 140 107 60 50.00% 220 170 99 Xiamen Ocean Prospect Tong’an District, Xiamen 199 144 27 51.00% Maoming Sino-Ocean Landscape Maonan District, Maoming 299 249 143 100.00% Jiangmen Cloud Mansion Pengjiang District, Jiangmen 176 133 28 51.00% Top Mansion Pengjiang District, Jiangmen 131 101 31 100.00% 307 234 59 Zhongshan Blossoms Valley Shenwan Town, Zhongshan 1,172 1,037 770 75.00% Ocean Palace Southern District, Zhongshan 181 134 107 100.00% 1,353 1,171 877 Zhanjiang Ocean City Xiashan District, Zhanjiang 612 493 140 67.50% Sanya Ocean Hill Jiyang District, Sanya 177 111 74 100.00% 5,203 4,066 2,250 Central Region Wuhan Aegean Place Xinzhou District, Wuhan 62 – 62 52.15% Dongxihu Xingou Logistics Project Dongxihu District, Wuhan 112 – 112 64.30% Huazhong Big Data Industrial Park Jiangxia District, Wuhan 89 – 89 14.87% Oriental World View Hanyang District, Wuhan 1,917 1,430 86 70.00% Oriental Worldview II Hanyang District, Wuhan 322 229 322 7.75% Yangtze Opus Jiang’an District, Wuhan 178 80 89 70.00% 2,680 1,739 760

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– 16 – Regions Cities Projects Districts Approximate total GFA Approximate total saleable GFA Remaining landbank Interest attributable to the Group (’000 sq.m.) (’000 sq.m.) (’000 sq.m.) (%) Zhengzhou Fontaine Polaris Zhongmu County, Zhengzhou 176 141 176 24.50% Grand Apartment Jinshui District, Zhengzhou 172 133 172 38.88% Ocean Landscape Courtyard Yingyang District, Zhengzhou 204 150 14 55.00% Ocean Prospect Xinzheng City, Zhengzhou 169 158 34 100.00% Rong Fu Xinzheng City, Zhengzhou 156 101 118 23.64% Rulinchenzhang Guanchenghuizu District, Zhengzhou 299 198 299 100.00% The Collection Erqi District, Zhengzhou 182 141 54 49.00% 1,358 1,022 867 Hefei Ideal Bourn Feidong County, Hefei 104 83 104 100.00% Ocean Landscape Feidong County, Hefei 200 180 31 70.00% 304 263 135 Changsha Aegean Place Yuhua District, Changsha 69 – 69 41.72% Sky Masion Yuhua District, Changsha 878 616 435 41.72% Special Mansion Wangcheng District, Changsha 482 384 482 24.50% 1,429 1,000 986 Nanchang Cloud View Jingkai District, Nanchang 81 61 6 51.00% Ocean Palace Wanli District, Nanchang 173 122 11 51.00% Sky Masion Wanli District, Nanchang 175 163 29 52.15% 429 346 46 Ganzhou Sky Masion Nankang District, Ganzhou 888 705 40 53.59% 7,088 5,075 2,834 Western Region Chengdu Ocean Ecological Land Xindu District, Chengdu 199 127 60 100.00% Ocean Luxury City Qingyang District, Chengdu 122 106 11 24.50% Qingbaijiang Internet Data Center, Zone A Qingbaijiang District, Chengdu 193 – 193 38.88% Wenjiang Internet Data Center Wenjiang District, Chengdu 54 – 54 29.16% 568 233 318 Chongqing Fenghua Melody Shapingba District, Chongqing 102 71 20 24.50% Fontaine Island Nan’an District, Chongqing 178 132 3 24.50% Life In Art Dist Jiulongpo District, Chongqing 52 37 15 34.00% Sino-Ocean Garden Banan District, Chongqing 592 480 34 56.10% 924 720 72

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– 17 – Regions Cities Projects Districts Approximate total GFA Approximate total saleable GFA Remaining landbank Interest attributable to the Group (’000 sq.m.) (’000 sq.m.) (’000 sq.m.) (%) Xi’an Aegean Place Xincheng District, Xi’an 104 – 104 26.60% Emperor Chic Weiyang District, Xi’an 321 316 215 24.50% Fontaine Island Chanba Ecological District, Xi’an 147 111 147 24.50% Ocean Mansion Weiyang District, Xi’an 558 416 313 42.33% Sino-Ocean Royal Landscape Chanba Ecological District, Xi’an 292 208 30 80.00% Sky Masion Xincheng District, Xi’an 462 312 462 26.60% 1,884 1,363 1,271 Kunming In Galaxy (formerly known as Chenggong Project) Chenggong District, Kunming 222 218 84 71.66% In Galaxy (formerly known as Chenggong Project, Phase II) Chenggong District, Kunming 99 88 99 71.66% 321 306 183 Guiyang Sino-Ocean Aristocratic Family Shuanglong New District, Guiyang 165 135 85 100.00% Sino-Ocean Prospect Yunyan District, Guiyang 100 75 11 100.00% Sky Masion Guanshanhu District, Guiyang 297 120 297 26.60% Sky Masion, Retail Guanshanhu District, Guiyang 36 – 36 26.60% 598 330 429 Urumqi Royal Mansion Saybag District, Urumqi 402 293 171 28.97% Lanzhou Sky Masion Yuzhong County, Lanzhou 397 301 264 31.29% Liuzhou Aegean Place Yufeng District, Liuzhou 85 – 85 76.55% Glory Mansion Yufeng District, Liuzhou 357 251 106 76.55% 442 251 191 Luzhou Sky Masion Jiangyang District, Luzhou 279 207 279 52.15% Xining Aegean Place Haihu New District, Xining 121 – 121 76.55% Sky Masion Chengzhong District, Xining 1,278 1,018 512 41.72% Sky Palace Chengxi District, Xining 311 254 117 76.55% 1,710 1,272 750 Xishuangbanna Rainforest Resorts Jinghong City, Xishuangbanna 515 429 152 26.07% Baoshan Qinghuahai Park Longyang District, Baoshan 2,704 1,751 1,738 26.07% 10,744 7,456 5,818 Other Region Jakarta Auraya Greater Jakarta, Indonesia 66 57 66 28.00% 66 57 66 Total 54,160 39,487 24,500

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– 18 – Property Investment During the first half of 2026, revenue from property investment decreased by approximately 6% to RMB136 million (first half of 2025: RMB144 million). As at 30 June 2026, the Group (including its joint ventures and associates) held more than 22 operating investment properties. Our investment properties are mainly prime A-grade office premises, shopping malls, commercial complex and logistics projects at prime locations. Vision Place in Beijing was completed in August 2026. The investment properties of the Group and its joint ventures and associates as at 30 June 2026 are set out as follows: Projects Districts Approximate leasable area Office premises Retail space Logistics projects Others Occupancy rate Interest attributable to the Group (sq.m.) (sq.m.) (sq.m.) (sq.m.) (sq.m.) (%) (%) E-wing Center (Beijing) Haidian District, Beijing 12,000 12,000 – – – 90% 100% Grand Canal Place (Beijing) Tongzhou District, Beijing 111,000 60,000 51,000 – – 56% 65% Ocean Incom (Beijing) Shunyi District, Beijing 49,000 32,000 2,000 – 15,000 60% 100% Ocean International Center (Beijing) Chaoyang District, Beijing 103,000 76,000 9,000 – 18,000 82% 100% Ocean International Center (Tianjin) Hedong District, Tianjin 53,000 53,000 – – – 71% 100% Shuyang Ocean We-life Plaza (Suqian) Shuyang County, Suqian 39,000 – 39,000 – – 60% 100% Citylane (Wuhan) Hanyang District, Wuhan 23,000 – 23,000 – – 98% 70% Ocean We-life Plaza (Ganzhou) Nankang District, Ganzhou 49,000 – 49,000 – – 96% 54% Other projects 23,000 4,000 2,000 – 17,000 Subtotal 462,000 237,000 175,000 – 50,000 Other INDIGO (Beijing) Chaoyang District, Beijing 180,000 52,000 47,000 – 81,000 98% 50% Ocean International Center, Phase II (Beijing) Chaoyang District, Beijing 70,000 46,000 13,000 – 11,000 95% 12% Ocean Plaza (Beijing) Xicheng District, Beijing 30,000 26,000 – – 4,000 87% 72% Ocean Office Park (Beijing) Chaoyang District, Beijing 93,000 81,000 12,000 – – 78% 29% Eco-city Ocean We-life Plaza (Tianjin) Binhai New Area, Tianjin 42,000 – 42,000 – – 98% 52% Grand Canal Place (Tianjin) Hedong District, Tianjin 97,000 – 97,000 – – 95% 34% Ocean We-life (Tianjin) Binhai New District, Tianjin 28,000 – 28,000 – – 93% 86% Ocean We-life Plaza (Tianjin) Hedong District, Tianjin 42,000 – 42,000 – – 97% 64% Ocean We-life Plaza (Jinan) Shanghe County, Jinan 34,000 – 34,000 – – 85% 52% H88 Yuehong Plaza (Shanghai) Xuhui District, Shanghai 56,000 56,000 – – – 60% 61% Haixing Plaza (Shanghai) Huangpu District, Shanghai 14,000 10,000 – – 4,000 59% 30% Ocean We-life Plaza (Suzhou) Wujiang District, Suzhou 49,000 – 49,000 – – 91% 26% Ocean We-life Plaza (Suqian) Sucheng District, Suqian 54,000 – 54,000 – – 64% 14% Grand Canal Place (Fuzhou) Cangshan District, Fuzhou 95,000 – 95,000 – – 96% 31% Other projects 2,021,000 257,000 216,000 1,472,000 76,000 Subtotal 2,905,000 528,000 729,000 1,472,000 176,000 Total 3,367,000 765,000 904,000 1,472,000 226,000 Employees and Human Resources As at 30 June 2026, the Group had 11,718 employees (31 December 2025: 12,041 employees). The decrease in the number of employees was mainly due to the continuous optimization of manpower in the property development and its related businesses. The Group’s staff cost in the period decreased to RMB1,043 million (first half of 2025: RMB1,156 million). The decrease in staff cost was mainly the net effect of the reduction of staff cost in the property development segment and the increase of one-off cost related to the optimization of manpower during the period.

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– 19 – RELEVANT INFORMATION ON ONSHORE OPEN MARKET DEBTS References are made to the announcements of the Company published on the Stock Exchange and the announcements of Sino-Ocean Holding published on The Shanghai Stock Exchange, both dated 9 May 2025, 30 May 2025, 12 June 2025, 19 June 2025, 10 July 2025, 18 July 2025, 28 July 2025, 1 August 2025, 14 August 2025, 26 November 2025, 4 February 2026, 23 June 2026 and 11 August 2026, in relation to the onshore open market debts of the Group (collectively, the “ Onshore Open Market Debts Announcements ”). As set out in the Onshore Open Market Debts Announcements, to advance sustainable operations going forward, in light of Sino-Ocean Holding’s current situation, the Group planned to provide an overall restructuring plan to holders of certain existing onshore corporate bonds and interbank directed debt financing instruments. This plan would adjust the repayment arrangements for the principal and interest of such bonds/debt financing instruments and offer multiple settlement options, including cash repurchase, equity economic income right, and debt settlement with assets. Sino-Ocean Holding would advance the restructuring of such bonds/debt financing instruments by convening bondholders’ meeting(s), and the final restructuring plan shall be subject to the resolutions set forth in the bondholders’ meeting notice(s). Bondholders’ meetings for relevant corporate bonds had been subsequently convened, at which the resolutions concerning the restructuring of the relevant bonds were approved. Pursuant to the announcements regarding the results of the relevant bondholders’ meetings, the cash repurchase option, the equity economic income right option, and the debt settlement with assets option (debt settlement with proceeds from residential projects and debt settlement with proceeds from commercial projects) would be subsequently initiated, in sequence, by the relevant parties. On 23 June 2026, the Group announced the details of the cash repurchase option in respect of nine onshore bonds/debt financing instruments of the Group. On 11 August 2026, the Group announced the implementation results of the cash repurchase. Subsequently, the Group will continue to move forward other restructuring options in accordance with the approved resolutions concerning the bonds restructuring. Please refer to the Onshore Open Market Debts Announcements for details. IMPORTANT EVENTS AFTER THE PERIOD ENDED 30 JUNE 2026 Save as disclosed in the above paragraphs headed “RELEVANT INFORMATION ON ONSHORE OPEN MARKET DEBTS” and Note 12 to the interim condensed consolidated financial statements in this announcement, as at the date of this announcement, there was no important event affecting the Group after the period ended 30 June 2026.

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– 20 – The unaudited interim results of the Group for the six months ended 30 June 2026 are as follows: Interim Condensed Consolidated Statement of Profit or Loss Six months ended 30 June Notes 2026 2025 RMB’000 RMB’000 Revenue 4 6,596,507 6,203,069 Cost of sales (6,581,022) (11,169,233) Gross profit/(loss) 15,485 (4,966,164) Interests and other income 121,632 447,672 Other losses — net 7 (248,014) (3,326,486) Fair value change on investment properties (596,257) (643,676) Selling and marketing expense (198,896) (360,808) Impairment losses under expected credit loss model (4,021,688) (9,724,988) Administrative expense (544,729) (631,543) Operating loss (5,472,467) (19,205,993) Gains from debt restructuring 275,607 31,756,397 Finance costs 8 (1,667,695) (2,064,729) Share of results of joint ventures (421,359) (1,173,565) Share of results of associates (109,191) (337,339) (Loss)/profit before income tax (7,395,105) 8,974,771 Income tax (expense)/credit 9 (237,529) 81,386 (Loss)/profit for the period (7,632,634) 9,056,157 Attributable to: — Owners of the Company (7,149,177) 10,202,141 — Non-controlling interests (483,457) (1,145,984) (7,632,634) 9,056,157 (Loss)/earnings per share attributable to owners of the Company during the period (expressed in RMB) 10 Basic (loss)/earnings per share (0.598) 1.171 Diluted (loss)/earnings per share (0.598) 0.919

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– 21 – Interim Condensed Consolidated Statement of Comprehensive Income Six months ended 30 June 2026 2025 RMB’000 RMB’000 (Loss)/profit for the period (7,632,634) 9,056,157 Other comprehensive (loss)/income, net of tax Items that will not be reclassified subsequently to profit or loss: Fair value change on financial assets at fair value through other comprehensive income, net of tax (41,741) 25,888 Items that may be reclassified subsequently to profit or loss: Currency translation differences (169,293) 496,686 Share of other comprehensive income of investments accounted for using the equity method (2,653) (27,421) Other comprehensive (loss)/income for the period (213,687) 495,153 Total comprehensive (loss)/income for the period (7,846,321) 9,551,310 Total comprehensive (loss)/income attributable to: — Owners of the Company (7,483,192) 10,706,576 — Non-controlling interests (363,129) (1,155,266) Total comprehensive (loss)/income for the period (7,846,321) 9,551,310

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– 22 – Interim Condensed Consolidated Statement of Financial Position As at 30 June 2026 As at 31 December 2025 Notes RMB’000 RMB’000 ASSETS AND LIABILITIES Non-current assets Property, plant and equipment 2,012,089 2,080,433 Right-of-use assets 1,059,025 1,163,210 Land use rights 75,197 77,904 Intangible assets 177,828 198,207 Goodwill 526,648 541,559 Investment properties 12,567,851 13,119,513 Interests in joint ventures 10,657,361 11,163,095 Interests in associates 2,557,237 2,748,745 Financial assets at fair value through other comprehensive income 408,310 469,147 Financial assets at fair value through profit or loss 2,413,649 2,458,311 Trade and other receivables and prepayments 5 2,622,093 4,695,970 Deferred income tax assets 2,166,835 2,313,970 Total non-current assets 37,244,123 41,030,064 Current assets Properties under development 31,957,188 34,308,718 Inventories, at cost 876,077 972,787 Land development cost recoverable 586,620 554,178 Completed properties held for sale 18,031,119 19,019,881 Financial assets at fair value through profit or loss 11,643 11,366 Trade and other receivables and prepayments 5 48,650,180 48,998,181 Contract assets 83,550 56,965 Restricted bank deposits 4,969,555 4,470,272 Cash and cash equivalents 1,403,327 1,552,758 Total current assets 106,569,259 109,945,106

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– 23 – As at 30 June 2026 As at 31 December 2025 Notes RMB’000 RMB’000 Current liabilities Borrowings 24,630,911 24,814,907 Lease liabilities 108,526 127,268 Trade and other payables 6 53,329,990 52,196,683 Contract liabilities 17,665,053 18,204,883 Income tax payable 12,505,004 12,601,376 Derivative financial instruments 74,011 238,000 Provisions 13,648,881 12,609,818 Total current liabilities 121,962,376 120,792,935 Non-current liabilities Borrowings 25,759,673 26,036,724 Lease liabilities 1,209,610 1,286,896 Trade and other payables 6 19,887 165,814 Deferred income tax liabilities 737,588 793,842 Total non-current liabilities 27,726,758 28,283,276 Net (liabilities)/assets (5,875,752) 1,898,959 EQUITY Equity attributable to owners of the Company Share capital 28,204,780 28,130,087 Perpetual securities 1,038,891 1,038,891 Other reserves (4,465,258) (4,131,243) Accumulated losses (31,820,670) (24,671,493) (7,042,257) 366,242 Non-controlling interests 1,166,505 1,532,717 Total equity (5,875,752) 1,898,959

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– 24 – Notes to the Interim Condensed Consolidated Financial Statements 1. GENERAL INFORMATION Sino-Ocean Group Holding Limited (the “ Company ”) and its subsidiaries (together, the “ Group ”) are principally engaged in investment holding, property development and property investment in the People’s Republic of China (the “ PRC”). The Company is a limited liability company incorporated in Hong Kong on 12 March 2007. The address of its registered office is Suite 601, One Pacific Place, 88 Queensway, Hong Kong. The interim condensed consolidated financial statements have not been audited and is presented in Renminbi (“ RMB”), unless otherwise stated. The Company’s shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited. The interim condensed consolidated financial statements were approved for issue on 28 August 2026 by the board of directors of the Company (the “ Board”). 2. BASIS OF PREPARATION The interim condensed consolidated financial statements for the six months ended 30 June 2026 have been prepared in accordance with Hong Kong Accounting Standard (“ HKAS ”) 34 “Interim Financial Reporting” issued by the Hong Kong Institute of Certified Public Accountants (“ HKICPA ”) and the applicable disclosures required by the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The interim condensed consolidated financial statements do not include all the notes of the type normally included in the annual financial statements. Accordingly, this interim condensed consolidated financial statement should be read in conjunction with the Group’s annual financial statements for the year ended 31 December 2025, which have been prepared in accordance with HKFRS Accounting Standards. The financial information relating to the year ended 31 December 2025 that is included in the interim condensed consolidated financial statements for the six months ended 30 June 2026 as comparative information does not constitute the Company’s statutory annual consolidated financial statements for that year but is derived from those financial statements. Further information relating to these statutory financial statements required to be disclosed in accordance with section 436 of the Hong Kong Companies Ordinance (Cap. 622) is as follows: The Company has delivered the financial statements for the year ended 31 December 2025 to the Registrar of Companies as required by section 662(3) of, and Part 3 of Schedule 6 to, the Hong Kong Companies Ordinance (Cap. 622). The Company’s auditor has reported on those financial statements. The auditor’s report for the year ended 31 December 2025 was disclaimed; did not include a reference to any matters to which the auditor drew attention by way of emphasis without qualifying its reports; and did not contain a statement under sections 406(2), 407(2) or (3) of the Hong Kong Companies Ordinance.

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– 25 – Going concern assumption The Group recorded a loss of RMB7.63 billion for six months ended 30 June 2026 and, as of that date, the Group’s current liabilities were in excess of current assets by approximately RMB15.39 billion. The Group had total borrowings of approximately RMB50.39 billion, of which the current borrowings amounted to approximately RMB24.63 billion, while the Group had cash and cash equivalents of approximately RMB1.40 billion only. As at 30 June 2026, the Group had not repaid borrowings (comprising bank borrowings and other borrowings but excluding bonds) in principal amount of approximately RMB13.64 billion in aggregate according to their scheduled repayment dates. The Group had not repaid onshore bonds with total principal amount of approximately RMB3.39 billion in aggregate according to their scheduled repayment dates. As of the approval date of the interim condensed consolidated financial statements, the Group is still in communication with the creditors on adjusting the repayment schedules of these debts. In addition, the Group has been involved in various litigation cases for unpaid borrowings, outstanding construction and daily operations payables and other matters for which the Group has made provisions. In the current period, the real estate sector in the PRC remained volatile. This mainly includes the sustained downturn in PRC’s real estate market and consumer sentiment, resulting in short-term liquidity pressures on the entire real estate sector. The Group experienced tight internal funds and encountered a challenging financing environment for its construction projects. The uncertain timeline for recovery in the real estate sector remained material uncertainties for the Group. These factors have made it difficult for the Group to significantly improve the operating cash inflows or to refinance guaranteed notes, corporate bonds, and bank and other borrowings. All these events or conditions indicate that multiple material uncertainties exist that may cast significant doubt on the Group’s ability to continue as a going concern.

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– 26 – In view of these circumstances, the directors of the Company (the “ Directors ”) have carefully considered the Group’s cash flow forecast for the next twelve months from 30 June 2026 and have given due consideration to the matters that give rise to material doubt as to its ability to continue as a going concern, and accordingly, have proactively come up with certain plans and measures to ensure the Group will have sufficient cash resources to continue as a going concern and pay its debts when they fall due. Certain plans and measures have been taken or will be taken to enable the Group to have sufficient financial resources to meet its financial commitments as and when they fall due which include, but not limited to, the following: — In the second half of 2025, the restructuring plan in relation to certain onshore bonds (“ Onshore Bonds ”) issued by Beijing Sino-Ocean Group Holding Limited (“ Sino-Ocean Holding ”), a wholly- owned subsidiary of the Company, have been considered and approved at the relevant meetings of bondholders, whereby the repayment arrangements in regard to the principal and interest of the Onshore Bonds were adjusted and extended with the last maturity date being September 2035 with the interest rates for both historical accrued and unpaid interest and future interest reduced to 1% per annum, and restructuring plan options including cash repurchase, equity economic income right, and debt settlement with assets are provided (“ Onshore Debt Restructuring ”). This plan not only significantly reduced the scale of onshore public debts, but also alleviated the Group’s short- term debt repayment pressure. On 23 June 2026, the Group announced the specific details of its cash repurchase option for nine onshore bonds. On 11 August 2026, the Group announced the implementation results of the cash repurchase and completed the corresponding fund redemption. Subsequently, the Group will move forward to other restructuring plan options in accordance with the approved resolutions concerning the Onshore Debt Restructuring; — On 23 March 2026, one of the offshore creditors fully discharged all debts owed by the Group in exchange for the issuance of new notes and new mandatory convertible bonds. As a result, the Group’s existing debt of approximately HKD0.40 billion was fully derecognized; — The Group is actively in discussions with the other existing lenders to renew the Group’s certain borrowings and/or not to demand immediate repayment until the Group has successfully completed the property construction projects and generated sufficient cash flows therefrom, and extension of loans of approximately RMB3.40 billion has been agreed for the six months ended 30 June 2026. These discussions have been constructive and focused on possible actions in light of current circumstances but do require time to formulate or implement due to ongoing changes in market conditions; — The Group had newly drew down of approximately RMB0.25 billion for the six months ended 30 June 2026. The Group will continue to seek to obtain additional new sources of funding through all possible channels such as assets disposal; — The Group has been proactive in seeking ways to resolve the outstanding litigations of the Group and continuing to communicate with the plaintiffs. The Group has completed the settlement arrangements with certain plaintiffs for the six months ended 30 June 2026. The Group is positive that it can reach an amicable resolution on the litigations which have not yet reached a definite outcome;

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– 27 – — The Group will continue to maintain active dialogue to secure a continuing and normal business relationship with major constructors and suppliers, including agreement on the payment arrangements with them and to complete the construction progress by them as scheduled; — The Group will continue to implement measures to accelerate the pre-sales and sales of its properties under development and completed properties, and to speed up the collection of outstanding sales proceeds and other receivables. Subject to the market sentiment, the Group will actively adjust sales and pre-sale activities to better respond to changing markets to achieve the latest budgeted sales and pre-sales volumes and amounts; and — To preserve liquidity, the Group continues to enforce strict cost controls over administrative costs and non-essential capital expenditures. As a result of these measures, administrative expense for the first half of 2026 decreased by RMB86.81 million compared to the same period last year. Building on this, the Group is actively evaluating additional feasible measures to further reduce discretionary spending. The Directors have reviewed the cash flow forecast and consider multiple material uncertainties exist as to whether the Group will be able to achieve the plans and measures as described above. Specifically, whether the Group will be able to continue as a going concern will depend on the following: — Successful negotiation with existing lenders on the renewal of the Group’s certain borrowings and not to demand immediate repayment of bank and other borrowings until the Group has successfully completed the construction projects and generated sufficient cash flows therefrom; the Group’s ability to successfully obtain additional new financing as and when needed; — The Group’s ability to reach an amicable solution on the litigations which have not yet reached a definite outcome; and — The Group’s ability to maintain continuing and normal business relationship with major constructors and suppliers; to accelerate the pre-sales and sales of its properties under development and completed properties, and to speed up the collection of outstanding sales proceeds and other receivables; to successfully implement its business strategy and cost control measures so as to improve the Group’s working capital and cash flow position. The Directors consider that, assuming the success of the above-mentioned assumptions, plans and measures, the Group will have sufficient working capital to finance its operations and to meet its obligations as and when they fall due for at least twelve months from 30 June 2026. Accordingly, the Directors are of the opinion that it is appropriate to prepare the interim condensed consolidated financial statements on a going concern basis. Should the Group fail to achieve the intended effects resulting from the above-mentioned plans and measures on a timely basis, it may not be able to continue to operate as a going concern basis, and adjustments would have to be made to write down the carrying amounts of the Group’s assets to their net realisable amounts, to provide for any further liabilities which might arise, and to reclassify non- current assets and non-current liabilities as current assets and current liabilities, respectively. The effects of these adjustments have not been reflected in the interim condensed consolidated financial statements.

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– 28 – 3. ACCOUNTING POLICIES Amended standards adopted by the Group The accounting policies applied are consistent with those of the annual financial statements for the year ended 31 December 2025, as described in those annual financial statements, except for the adoption of amendments to standards as set out below. Amendments to HKFRS 9 and HKFRS 7 Classification and Measurement of Financial Instruments Amendments to HKFRS 9 and HKFRS 7 Contracts Referencing Nature-dependent Electricity Amendments to HKFRS 1, HKFRS 7, HKFRS 9, HKFRS 10 and HKAS 7 Annual Improvements to HKFRS Accounting Standards — Volume 11 These amendments had no effect and are not expected to have a material impact on the Group in the current or future reporting periods and on foreseeable future transactions. The Group has not early adopted any new or amended standards and interpretations that have been published but are not yet effective for the financial period beginning on 1 January 2026.

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– 29 – 4. SEGMENT INFORMATION Management has determined the operating segments based on the reports reviewed by the executive directors of the Company (the “ Executive Directors ”) who make strategic decisions. The Executive Directors consider the business from both a geographic and product perspective. From the product perspective, the management considers the performance of property development, property management and property investment. Property development businesses are further segregated geographically. Other operations as carried out by the Group mainly are senior living services and asset-light agent construction, etc. These are not included within the reportable operating segments, as they are not included in the reports provided to the Executive Directors. The results of these operations are included in the “All other segments” column. The Executive Directors assess the performance of the operating segments based on a measure of operating profit. This measurement basis excludes the effects of other gains/losses from the operating segments. Finance costs and corporate finance income are not included in the result for each operating segment that is reviewed by the Executive Directors, as they are driven by activities of the central treasury function, which manages the cash position of the Group. The measure also excludes the effects of any share of results from interests in joint ventures and associates as well as fair value change on investment properties, corporate overheads, other losses-net and gains from debt restructuring. Other information provided to the Executive Directors, except as noted below, is measured in a manner consistent with that in the financial statements. Total segment assets exclude corporate cash and cash equivalents, interests in joint ventures and associates, financial assets at fair value through other comprehensive income, financial assets at fair value through profit or loss and deferred income tax assets, all of which are managed on a central basis. Total segment liabilities exclude borrowings, deferred income tax liabilities and derivative financial instruments, all of which are managed on a central basis as well. These are part of the reconciliation to statement of financial position assets and liabilities.

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– 30 – The segment information provided to the Executive Directors for the reportable segments is as follows: Property Development Beijing Region Bohai Rim Region Eastern Region Southern Region Central Region Western Region Property investment Property management All other segments Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Six months ended 30 June 2026 Total segment revenue 252,550 2,957,767 (1,880) 528,971 305,417 73,849 140,509 1,290,673 1,439,860 6,987,716 Inter-segment revenue (5,377) (6,250) – – – – (4,810) (30,878) (343,894) (391,209) Revenue (from external customers) 247,173 2,951,517 (1,880) 528,971 305,417 73,849 135,699 1,259,795 1,095,966 6,596,507 Segment operating (loss)/profit (254,275) (22,252) (223,590) (249,256) 73,483 33,755 65,514 (122,390) (3,872,757) (4,571,768) Depreciation and amortization (8,873) (69) (8) (123) (17) (3) (696) (3,531) (104,576) (117,896) Six months ended 30 June 2025 Total segment revenue 993,113 593,428 129,815 650,459 718,597 216,755 148,914 1,385,781 1,916,277 6,753,139 Inter-segment revenue (2,256) (252) (3,945) – – – (5,374) (38,236) (500,007) (550,070) Revenue (from external customers) 990,857 593,176 125,870 650,459 718,597 216,755 143,540 1,347,545 1,416,270 6,203,069 Segment operating (loss)/profit (513,271) (837,045) (2,209,312) (2,066,719) (534,849) (659,228) 121,340 (44,779) (8,425,358) (15,169,221) Depreciation and amortization (9,069) (94) (102) (346) (132) (26) (211) (25,412) (170,765) (206,157) Property Development Beijing Region Bohai Rim Region Eastern Region Southern Region Central Region Western Region Property investment Property management All other segments Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 As at 30 June 2026 Total segment assets 15,986,616 9,050,015 2,974,915 22,044,944 11,366,687 6,680,884 12,749,694 2,348,498 42,309,056 125,511,309 Additions to non-current assets (other than financial instruments and deferred income tax assets) 291 20 – – – – 48,943 – 4,945 54,199 Total segment liabilities 6,807,535 8,588,390 5,725,222 22,124,055 6,373,551 4,361,681 1,491,293 1,195,956 41,819,268 98,486,951 As at 31 December 2025 Total segment assets 15,358,128 11,498,635 2,924,572 20,948,254 12,154,050 6,196,805 13,031,015 2,174,570 47,443,736 131,729,765 Additions to non-current assets (other than financial instruments and deferred income tax assets) 4,965 8 30 26,963 5 – 722,139 – 15,964 770,074 Total segment liabilities 7,261,434 10,118,447 4,719,812 20,465,719 5,749,425 3,807,651 1,564,714 1,191,864 42,313,672 97,192,738

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– 31 – A reconciliation of segment operating loss to (loss)/profit before income tax is provided as follows: Six months ended 30 June 2026 2025 RMB’000 RMB’000 Segment operating loss (4,571,768) (15,169,221) Corporate finance income 46 62 Corporate overheads (56,474) (66,672) Gains from debt restructuring 275,607 31,756,397 Fair value change on investment properties (596,257) (643,676) Other losses — net (Note 7) (248,014) (3,326,486) Finance costs (Note 8) (1,667,695) (2,064,729) Share of results of joint ventures (421,359) (1,173,565) Share of results of associates (109,191) (337,339) (Loss)/profit before income tax (7,395,105) 8,974,771 Reportable segments’ assets and liabilities are reconciled to total assets and liabilities as follows: As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Total segment assets 125,511,309 131,729,765 Corporate cash and cash equivalents 87,038 80,771 Interests in joint ventures 10,657,361 11,163,095 Interests in associates 2,557,237 2,748,745 Financial assets at fair value through other comprehensive income 408,310 469,147 Financial assets at fair value through profit or loss 2,425,292 2,469,677 Deferred income tax assets 2,166,835 2,313,970 Total assets per condensed consolidated statement of financial position 143,813,382 150,975,170 Total segment liabilities 98,486,951 97,192,738 Current borrowings 24,630,911 24,814,907 Non-current borrowings 25,759,673 26,036,724 Derivative financial instruments 74,011 238,000 Deferred income tax liabilities 737,588 793,842 Total liabilities per condensed consolidated statement of financial position 149,689,134 149,076,211

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– 32 – The Company was incorporated in Hong Kong, with its major subsidiaries domiciled in the PRC. Revenues from external customers of the Group are mainly derived in the PRC for the six months ended 30 June 2026 and 2025. As at 30 June 2026, total non-current assets (other than financial instruments and deferred income tax assets) located in the Mainland China and Hong Kong amounted to approximately RMB29,632,697,000 and RMB539,000 (31 December 2025: RMB31,092,145,000 and RMB521,000), respectively. For the six months ended 30 June 2026 and 2025, the Group does not have any single customer with the transaction value over 10% of the Group’s total external sales. 5. TRADE AND OTHER RECEIVABLES AND PREPAYMENTS As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Trade receivables (a) 2,854,254 3,151,222 Other receivables and prepayments (b) 48,418,019 50,542,929 51,272,273 53,694,151 Less: non-current portion (2,622,093) (4,695,970) Current portion 48,650,180 48,998,181 (a) Trade receivables As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Trade receivables 5,535,291 5,503,485 Less: provision for impairment of trade receivables (2,681,037) (2,352,263) 2,854,254 3,151,222 Less: non-current portion – – Current portion 2,854,254 3,151,222

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– 33 – Proceeds from services and sales rendered are to be received in accordance with the term of respective agreement, and the credit term is very short. An ageing analysis of gross trade receivables mainly based on invoice or bills issuance date at the respective statement of financial position dates is as follows: As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Within 6 months 1,037,750 1,492,778 Between 6 months to 1 year 874,345 815,852 Between 1 year to 2 years 989,640 1,615,939 Between 2 years to 3 years 1,072,212 767,627 Over 3 years 1,561,344 811,289 5,535,291 5,503,485 As at 30 June 2026, trade receivables with carrying amount of approximately RMB133,044,000 (31 December 2025: RMB182,021,000) were pledged as collateral for the Group’s borrowings. Movements on the provision for impairment of trade receivables are as follows: Six months ended 30 June 2026 Year ended 31 December 2025 RMB’000 RMB’000 Opening amount at beginning of the period/year (2,352,263) (991,607) Provision for receivable impairment (380,076) (1,400,556) Derecognition from disposal of subsidiaries 21,774 39,900 Write-off 29,528 – Closing amount at end of the period/year (2,681,037) (2,352,263)

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– 34 – (b) Other receivables and prepayments As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Entrusted loans due from joint ventures 168,020 366,311 Entrusted loans due from associates – 24,510 Entrusted loans due from third parties 1,237,000 1,269,530 Amounts due from joint ventures 25,456,764 27,888,811 Amounts due from non-controlling interests 5,116,445 5,135,239 Amounts due from associates 12,930,945 10,214,446 Amounts due from third parties 13,742,410 13,812,922 58,651,584 58,711,769 Less: provision for impairment (26,329,204) (24,109,695) 32,322,380 34,602,074 Receivables from government 651,294 653,419 Payment for the cooperation of potential properties development projects 1,447,812 1,447,812 Receivables from disposal of interest in subsidiaries 3,194,502 3,106,446 Receivables from disposal of interest in a joint venture 27,137 27,137 Other receivables 1,796,983 1,483,676 7,117,728 6,718,490 Less: provision for impairment (1,466,708) (1,421,103) 5,651,020 5,297,387 Tax prepayments 5,948,988 6,244,800 Other prepayments 4,495,631 4,398,668 10,444,619 10,643,468 Total other receivables and prepayments 48,418,019 50,542,929 Less: non-current portion (2,622,093) (4,695,970) Current portion 45,795,926 45,846,959

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– 35 – 6. TRADE AND OTHER PAYABLES As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Trade payables (a) 12,079,713 11,993,239 Accrued expenses 8,690,069 9,378,182 Amounts due to joint ventures (b) 9,622,441 9,546,278 Amounts due to associates (b) 1,457,540 1,371,200 Amounts due to non-controlling interests (b) 501,966 510,247 Amounts due to government 529,432 529,544 Other taxes payable 4,262,433 4,256,457 Deposits received 1,398,336 1,478,879 Other payables 14,807,947 13,298,471 53,349,877 52,362,497 Less: non-current portion (19,887) (165,814) Current portion 53,329,990 52,196,683 The carrying amounts of trade payables and other payables approximate their fair values. (a) An ageing analysis of the trade payables (including amounts due to related parties of trading in nature) mainly based on the date of invoice is as follows: As at 30 June 2026 As at 31 December 2025 RMB’000 RMB’000 Within 6 months 540,725 2,991,851 Between 6 months to 1 year 1,477,902 1,345,818 Between 1 year to 2 years 3,109,412 2,439,967 Between 2 years to 3 years 2,090,838 2,013,760 Over 3 years 4,860,836 3,201,843 12,079,713 11,993,239 (b) Amounts due to joint ventures, associates and non-controlling interests are unsecured, interest free, and repayable on demand.

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– 36 – 7. OTHER LOSSES — NET Six months ended 30 June 2026 2025 RMB’000 RMB’000 Fair value change of financial assets at fair value through profit or loss and derivative financial instruments 115,309 (1,422,241) Exchange gains/(losses), net 358,183 (363,368) Payment for the settlement of contracted obligations (3,515) (48,240) (Losses)/gains on disposal of property, plant and equipment (4,758) 356 (Losses)/gains on disposal of interests in subsidiaries (168,476) 13,567 Losses on disposal of joint ventures and associates (13,999) (183,997) Losses on deemed disposal of joint ventures and associates, net – (163,221) Provision for litigation and other contingent liabilities (496,144) (422,183) Impairment loss on property, plant and equipment – (324,594) Impairment loss on goodwill (14,911) (409,008) Other losses (19,703) (3,557) (248,014) (3,326,486) 8. FINANCE COSTS Six months ended 30 June 2026 2025 RMB’000 RMB’000 Interest expense: — Bank borrowings 675,533 1,250,425 — Other borrowings 1,358,314 1,465,769 — Lease liabilities 35,774 48,469 2,069,621 2,764,663 Less: interest capitalized at a capitalization rate of 8.23% (2025: 5.84%) per annum (401,926) (699,934) 1,667,695 2,064,729

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– 37 – 9. INCOME TAX EXPENSE/(CREDIT) Majority of the Group entities are subjected to PRC enterprise income tax, which has been provided based on the statutory income tax rate of 25% of the assessable income of each of these Group entities for six months ended 30 June 2026 and 2025. Other Group entities are mainly subject to Hong Kong profits tax. The amount of income tax expense/(credit) charged to the statement of profit or loss represents: Six months ended 30 June 2026 2025 RMB’000 RMB’000 Current income tax: — PRC enterprise income tax 49,003 116,121 — PRC land appreciation tax 75,460 80,572 Deferred income tax 113,066 (278,079) 237,529 (81,386) 10. (LOSS)/EARNINGS PER SHARE (a) Basic Basic (loss)/earnings per share is calculated by dividing the (loss)/profit attributable to owners of the Company, after deducting distributions related to perpetual securities, by the weighted average number of ordinary shares in issue during the period. Six months ended 30 June 2026 2025 (Loss)/profit attributable to owners of the Company (RMB’000) (7,149,177) 10,202,141 Distribution related to perpetual securities (RMB’000) (43,039) (22,827) (Loss)/profit used to determine basic (loss)/earnings per share (RMB’000) (7,192,216) 10,179,314 Weighted average number of ordinary shares in issue (thousands) 12,027,108 8,689,431 Basic (loss)/earnings per share (RMB per share) (0.598) 1.171

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– 38 – (b) Diluted For the six months ended 30 June 2026, diluted loss per share was the same as the basic loss per share as potential ordinary share arising from share options, mandatory convertible bonds and equity economic right were not treated as dilutive as the conversion to ordinary shares would not increase the loss per share (six months ended 30 June 2025: diluted earnings per share of RMB0.919 per share). 11. DIVIDENDS The Board did not recommend the payment of interim dividend for the six months ended 30 June 2026 and 2025. 12. EVENTS AFTER THE END OF THE REPORTING PERIOD Save as the events disclosed under the “Note 2 Going concern assumption”, there was no other significant subsequent event affecting the Group after the six-month period ended 30 June 2026 and up to the date of issuance of the interim condensed consolidated financial statements.

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– 39 – PURCHASE, SALE OR REDEMPTION OF THE COMPANY’S LISTED SECURITIES Neither the Company nor any of its subsidiaries had purchased, sold or redeemed any of the listed securities (including the sale of treasury shares, if any) of the Company during the six months ended 30 June 2026. As at 30 June 2026, the Company did not hold any treasury shares. REVIEW OF INTERIM FINANCIAL INFORMATION The interim condensed consolidated financial statements of the Group for the six months ended 30 June 2026 has been reviewed by the auditor of the Company, BDO, in accordance with Hong Kong Standard on Review Engagements 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Hong Kong Institute of Certified Public Accountants. The Audit Committee has reviewed with the management of the Company the accounting policies and practices adopted by the Group and discussed, among other things, internal control, risk management and financial reporting matters including a review of the unaudited interim results of the Group for the six months ended 30 June 2026. EXTRACT OF INDEPENDENT AUDITOR’S REPORT ON REVIEW OF INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The Company’s auditor, BDO, has issued a disclaimer of conclusion on the independent auditor’s report on the Group’s interim condensed consolidated financial statements for the period ended 30 June 2026. An extract from the independent auditor’s report is as follows: BASIS FOR DISCLAIMER OF CONCLUSION Multiple Uncertainties Relating to Going Concern The Group incurred a loss of approximately RMB7.63 billion for the six months ended 30 June 2026 and, as of that date, the Group’s current liabilities were in excess of current assets by approximately RMB15.39 billion. As at 30 June 2026, the Group had total borrowings of approximately RMB50.39 billion, of which the current borrowings amounted to approximately RMB24.63 billion, while the Group had cash and cash equivalents of approximately RMB1.40 billion only. As at 30 June 2026, the Group had not repaid borrowings (comprising bank borrowings and other borrowings but excluding bonds) in principal amount of approximately RMB13.64 billion in aggregate according to their scheduled repayment dates. The Group had not repaid onshore bonds with total principal amount of approximately RMB3.39 billion in aggregate according to their scheduled repayment dates. As of the approval date of the interim condensed consolidated financial statements, the Group is still in communication with the creditors on adjusting the repayment schedules of these debts.

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– 40 – In addition, the Group has been involved in various litigation cases for unpaid borrowings, outstanding construction and daily operations payables and other matters for which the Group has made provisions. All these events or conditions indicate that multiple material uncertainties exist that may cast significant doubt on the Group’s ability to continue as a going concern. In view of these circumstances, the directors of the Company have carefully considered the Group’s cash flow forecast for the next twelve months from 30 June 2026, and have given due consideration to the matters that give rise to material doubt as to its ability to continue as a going concern, and accordingly, have proactively come up with certain plans and measures to ensure the Group will have sufficient cash resources to continue as a going concern and pay its debts when they fall due. Certain plans and measures have been taken or will be taken to enable the Group to have sufficient financial resources to meet its financial commitments as and when they fall due which include, but not limited to, those set out in the interim condensed consolidated financial statements. The validity of going concern assumption on which the interim condensed consolidated financial statements have been prepared depends upon the successful implementation of these plans and measures, which are subject to multiple uncertainties, including, but not limited to: — Successful negotiation with existing lenders on the renewal of the Group’s certain borrowings and not to demand immediate repayment of bank and other borrowings until the Group has successfully completed the construction projects and generated sufficient cash flows therefrom; the Group’s ability to successfully obtain additional new financing as and when needed; — The Group’s ability to reach an amicable solution on the litigations which have not yet reached a definite outcome; and — The Group’s ability to maintain continuing and normal business relationship with major constructors and suppliers; to accelerate the pre-sales and sales of its properties under development and completed properties, and to speed up the collection of outstanding sales proceeds and other receivables; and to successfully implement its business strategy and cost control measures so as to improve the Group’s working capital and cash flow position. As a result of the multiple uncertainties and the cumulative effect on the interim condensed consolidated financial statements resulting from the potential interaction thereof, we were unable to form a conclusion as to whether the use of the going concern basis of preparation is appropriate.

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– 41 – Should the Group fail to achieve the intended effects resulting from the plans and measures as mentioned in the interim condensed consolidated financial statements on a timely basis, it may not be able to continue to operate as a going concern basis, and adjustments would have to be made to write down the carrying amounts of the Group’s assets to their net realisable amounts, to provide for any further liabilities that may arise, and to reclassify non-current assets and non-current liabilities as current assets and current liabilities, respectively. The effects of these adjustments have not been reflected in the interim condensed consolidated financial statements. We disclaimed our opinion on the consolidated financial statements for the year ended 31 December 2025 relating to the going concern basis of preparing the consolidated financial statements. Any adjustments to the balances as at 31 December 2025 would affect the balances of these interim condensed consolidated financial statements items as at 1 January 2026 and the corresponding movements, if any, during the six months ended 30 June 2026. The balances as at 31 December 2025 are presented as corresponding figures in the interim condensed consolidated statement of financial position as at 30 June 2026. DISCLAIMER OF CONCLUSION Because of the potential interaction of the multiple uncertainties related to going concern and their possible cumulative effect on these interim condensed consolidated financial statements described in the “Basis for Disclaimer of Conclusion” paragraphs above, we do not express a conclusion on these interim condensed consolidated financial statements. COMPLIANCE WITH THE CORPORATE GOVERNANCE CODE In the opinion of the Board, the Company had applied the principles of the CG Code, which was in force throughout the six months ended 30 June 2026, to its corporate governance structure and practices as described in the annual report of the Company for the year ended 31 December 2025 and complied with the applicable code provisions of the CG Code throughout the six months ended 30 June 2026, except for the deviation as disclosed below. The roles of the Chairman and the CEO are served by Mr. LI Ming and have not been segregated as required under code provision C.2.1 of the CG Code. The Company considers that the combination of the roles of the Chairman and the CEO involves a realignment of power and authority under the existing corporate structure and facilitates the ordinary business activities of the Company. Although the responsibilities of the Chairman and the CEO are vested in one person, all major decisions are made in consultation with the Board and the senior management of the Company. The Board considers that there is sufficient balance of power and that the current arrangement maintains a strong management position and also facilitates efficiency in the ordinary business activities of the Company. The Board will review the current structure from time to time and will make any necessary arrangement as appropriate.

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– 42 – INTERIM DIVIDEND The Board has resolved not to declare an interim dividend for the six months ended 30 June 2026 (six months ended 30 June 2025: Nil). PUBLICATION OF THE INTERIM RESULTS ANNOUNCEMENT AND THE INTERIM REPORT ON THE WEBSITES OF THE STOCK EXCHANGE AND THE COMPANY This announcement has been published on the websites of the Stock Exchange (www.hkexnews.hk) and the Company (www.sinooceangroup.com). The Company’s interim report for the six months ended 30 June 2026 will be despatched by the Company to the Shareholders in the manner as they elect to receive corporate communication and available on the websites of the Stock Exchange and the Company in due course. APPRECIATION The Board would like to extend its deepest gratitude to all Shareholders, investors, local authorities, business partners and customers who have been most supportive; also to our Directors, management and the entire staff for their dedicated hard work. DEFINITIONS In this announcement, the following expressions have the meanings set out below unless the context requires otherwise: “Audit Committee” the audit committee of the Company “BDO” BDO Limited “Board” the board of directors of the Company “CEO” the chief executive officer of the Company “CG Code” the Corporate Governance Code as set out in Appendix C1 to the Listing Rules “Chairman” the chairman of the Board “China” or “PRC” the People’s Republic of China “Company” Sino-Ocean Group Holding Limited (ʮ̡ ), a company incorporated in Hong Kong with limited liability, the Shares of which are listed on the Main Board of the Stock Exchange (Stock Code: 03377.HK) “Director(s)” director(s) of the Company

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– 43 – “GFA” gross floor area “Group” or “we” the Company and its subsidiaries “HKD” Hong Kong dollars, the lawful currency of Hong Kong “Hong Kong” Hong Kong Special Administrative Region of the PRC “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “net gearing ratio” total borrowings less total cash resources divided by total equity “RMB” Renminbi, the lawful currency of the PRC “Share(s)” ordinary share(s) of the Company with no nominal value “Shareholder(s)” shareholder(s) of the Company “Sino-Ocean Holding” Beijing Sino-Ocean Group Holding Limited (ණྠϞ ʮ̡) (formerly known as Sino-Ocean Holding Group (China) Limited (ණྠ (ʕ਷)ʮ̡)), a company established under the laws of the PRC with limited liability and a wholly- owned subsidiary of the Company “sq.m.” square metres “Stock Exchange” The Stock Exchange of Hong Kong Limited “USD” United States dollars, the lawful currency of the United States “Xishuangbanna” Xishuangbanna Dai Autonomous Prefecture

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– 44 – “YoY” year-on-year “%” per cent By order of the Board Sino-Ocean Group Holding Limited LI Ming Chairman Hong Kong, 28 August 2026 As at the date of this announcement, the Board comprises Mr. LI Ming, Mr. WANG Honghui, Mr. CUI Hongjie and Ms. CHAI Juan as executive Directors; Mr. YU Zhiqiang, Mr. ZHANG Zhongdang, Ms. SUN Jianxin and Ms. WANG Manling as non-executive Directors; and Mr. HAN Xiaojing, Mr. LYU Hongbin, Mr. LIU Jingwei, Mr. JIANG Qi and Mr. CHEN Guogang as independent non-executive Directors.

Earnings release