Express News | The real estate sector continued to rise, with multiple stocks including Vanke A hitting their daily trading limits.

BreakingsMay 29 09:50

Express News | The real estate sector surged unexpectedly, with Jintou Chengkai and Financial Street both hitting the daily price limit.

BreakingsApr 30 09:45

Rongsheng Development reported revenue of 267.15 billion yuan in 2025, a year-on-year decrease of 29.72%, with a net loss of 9.428 billion yuan and ongoing liquidity and debt risks intensifying.

In 2025, the company's revenue reached 26.715 billion yuan, a year-on-year decrease of 29.72%. The net profit attributable to shareholders recorded a loss of 9.428 billion yuan, with non-recurring net profits being negative for two consecutive years. Real estate accounted for 88.47% of the business, with gross margin declining to 6.04%. Regional concentration increased, with Hebei, Zhejiang, and Sichuan provinces contributing over 70% of total revenue. The asset-liability ratio stood at 93.68%, while external guarantees amounted to 848.24% of net assets, significantly exacerbating liquidity and going-concern risks.

lanjinger.comApr 29 11:01

Rongsheng Development: First Quarter Report for 2026

SZSIApr 29 00:00 · Announcements

Rongsheng Development: 2025 Annual Report

SZSIApr 29 00:00 · Announcements

Rongsheng Development: Summary of the 2025 Annual Report

SZSIApr 29 00:00 · Announcements