Core Viewpoint - The real estate service sector experienced a decline of 0.48% on October 29, with Nandu Property leading the drop, while the overall stock market indices showed positive performance with the Shanghai Composite Index rising by 0.7% and the Shenzhen Component Index increasing by 1.95% [1][2]. Market Performance - The closing prices and percentage changes of key stocks in the real estate service sector are as follows: - Xinda Zheng (002968): 12.50, +1.46% - China Merchants Jiyu (001914): 11.44, +1.42% - Tefa Service (300917): 41.32, +0.66% - Shilianhang (002285): 2.36, +0.43% - Wo Ai Wo Jia (000560): 2.88, 0.00% - Zhujiang Co. (600684): 5.52, -1.25% - ST Mingcheng (600136): 1.84, -1.60% - Huangting International (000056): 2.31, -1.70% - Zhongtian Service (002188): 6.14, -1.76% - Ningbo Fuda (600724): 5.41, -2.87% [1][2]. Capital Flow Analysis - On the same day, the real estate service sector saw a net outflow of 135.18 million yuan from main funds, while retail funds experienced a net inflow of 1,106.91 million yuan, and individual investors had a net outflow of 971.73 million yuan [2][3]. - The capital flow for specific stocks indicates: - Xinda Zheng (002968): Main funds net inflow of 8.50 million yuan, retail funds net inflow of 1.32 million yuan, individual investors net outflow of 9.82 million yuan - Nandu Property (603506): Main funds net inflow of 8.43 million yuan, retail funds net inflow of 2.36 million yuan, individual investors net outflow of 10.79 million yuan - Shilianhang (002285): Main funds net inflow of 7.85 million yuan, retail funds net outflow of 0.79 million yuan, individual investors net outflow of 7.06 million yuan [3].

证券代码：000560 证券简称：我爱我家 公告编号：2025-047 号 我爱我家控股集团股份有限公司 第十一届董事会第十四次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 我爱我家控股集团股份有限公司（以下简称"公司"）第十一届董事会第十 四次会议通知于2025年10月24日以电子邮件方式书面送达全体董事、高级管理人 员。会议在董事长兼总裁谢勇先生的主持下，于2025年10月28日以现场结合通讯 表决方式，在北京市朝阳区北辰东路8号院7号楼5层会议室召开。本次会议应出 席董事9人，实际出席9人，其中通讯方式出席7人，为代文娟女士、郑小海先生、 虞金晶女士、解萍女士、陈苏勤女士、陈立平先生、邬崇国先生。公司部分高级 管理人员列席了会议。本次董事会会议的召集和召开符合有关法律、行政法规、 部门规章、规范性文件和《我爱我家控股集团股份有限公司章程》（以下简称"《公 司章程》"）的规定。 二、董事会会议审议情况 经过与会董事充分讨论与审议，会议以记名投票表决方式审议通过了《公司 2025年第三季度报告》。 经审议，董事会认为《 ...

Financial Performance - The company's revenue for Q3 2025 was ¥2,506,850,865.53, a decrease of 14.94% compared to the same period last year[4] - Net profit attributable to shareholders was ¥3,926,799.28, representing an increase of 118.81% year-over-year[4] - The net profit after deducting non-recurring gains and losses was ¥4,327,155.18, up 114.66% from the previous year[4] - Basic earnings per share were ¥0.0017, reflecting a 119.10% increase compared to the same period last year[6] - In Q3 2025, the company achieved revenue of 8.165 billion RMB, a year-on-year decrease of 6.81% due to the new product "Xiangyu Youxuan" recognizing revenue using the net method[19] - In Q3 2025, the company reported a revenue of 2.507 billion RMB, a year-on-year decline of 14.94%, while the net profit attributable to the parent company was 3.93 million RMB, up 118.81% year-on-year[20] - Total operating revenue for the period was ¥8,165,332,883.31, a decrease of 6.8% compared to ¥8,762,299,213.60 in the previous period[32] - Net profit for the period reached ¥51,980,591.25, compared to ¥9,443,230.05 in the same period last year, representing a significant increase[34] - Earnings per share (EPS) for the period was ¥0.018, up from ¥0.0036 in the previous period[34] Assets and Liabilities - Total assets at the end of Q3 2025 were ¥26,380,195,376.84, down 12.75% from the end of the previous year[6] - The total assets of the company amounted to CNY 26.38 billion, down from CNY 30.24 billion at the beginning of the period[27] - Total liabilities decreased to ¥16,920,807,985.01 from ¥20,793,387,903.13, reflecting a reduction of approximately 18.5%[31] - Total equity increased slightly to ¥9,459,387,391.83 from ¥9,443,197,398.04, indicating a stable financial position[31] Cash Flow - The company reported a cash flow from operating activities of ¥2,241,393,842.93, which decreased by 20.06% year-to-date[4] - Cash generated from operating activities was ¥8,439,985,677.94, a decrease from ¥9,320,825,562.56 in the prior period[35] - The net cash flow from operating activities was CNY 2,241,393,842.93, a decrease of 20% compared to CNY 2,803,906,881.56 in the previous period[36] - The total cash and cash equivalents at the end of the period stood at CNY 2,772,510,386.18, down from CNY 2,996,295,911.36, representing a decrease of approximately 7.5%[38] - The net cash flow from financing activities was -CNY 8,489,655,617.00, compared to -CNY 9,995,028,935.05 in the previous period, indicating an improvement of about 15%[38] Operational Highlights - The company experienced a 35.25% decrease in accounts receivable, attributed to the collection of payments from new housing and brokerage services[10] - The company’s total equity attributable to shareholders was ¥9,415,753,638.65, a slight increase of 0.32% from the previous year[6] - The company reported a significant reduction in financial expenses, which fell to ¥364,169,942.20 from ¥518,085,474.61, improving overall profitability[32] - The total comprehensive income for the period was ¥49,550,587.95, compared to ¥8,607,157.66 in the previous period, indicating strong performance[34] - The company continues to maintain a steady increase in market share despite the overall market challenges[19] Research and Development - Research and development expenses increased by 114.19% to ¥79,707,627.68 due to the amortization of newly acquired intangible assets[10] - Research and development expenses rose to ¥79,707,627.68, up from ¥37,213,847.79, highlighting increased investment in innovation[32] Market Trends - The rental market in first-tier cities saw a slight increase in rental levels, with the rental index rising approximately 1% quarter-on-quarter[19] - The real estate market in core cities is undergoing positive adjustments, with new policies aimed at stimulating housing demand being implemented[18] - The average price of second-hand houses in 100 cities fell by 2.26% in Q3, with a cumulative decline of 5.79% over the first three quarters[17] Business Segments - The company's brokerage business saw a transaction volume of 54,626 second-hand houses, an increase of 5.6% year-on-year, while new house transaction volume reached 8,150 units, up 0.4% year-on-year[19] - The asset management business's managed housing scale increased to 330,000 units, reflecting an 8.9% growth since the beginning of the year[19] - The company’s asset management business is expected to further enhance its performance with the ongoing expansion of its managed properties[19] - The brokerage business generated CNY 156.6 billion, up 5.1% year-on-year, while asset management and new housing businesses saw declines of 3.5% and 23.2%, respectively[21]

Summary of Key Points Core Viewpoint The company, I Love My Home Holdings Group Co., Ltd., has announced the adjustment of guarantee limits among its wholly-owned subsidiaries and the provision of guarantees for their debt financing, which is aimed at supporting the subsidiaries' business operations and ensuring sustainable development. Group 1: Guarantee Overview - The company approved a guarantee limit of up to 4 billion yuan for its subsidiaries' debt financing for the year 2025, with specific allocations for subsidiaries based on their asset-liability ratios [2] - The guarantee limit includes 3.08 billion yuan for subsidiaries with an asset-liability ratio below 70% and 920 million yuan for those above 70% [2] - The company has allocated 10 million yuan to Shanghai Wei Ai Real Estate Brokerage Co., Ltd., 80 million yuan to Shanghai Jia Ying Property Management Co., Ltd., and 20 million yuan to Shanghai I Love My Home Real Estate Brokerage Co., Ltd. [2] Group 2: Adjustment of Guarantee Limits - The company plans to transfer 10 million yuan of unused guarantee limits from Shanghai I Love My Home to Shanghai Wei Ai, which represents 0.11% of the company's latest audited net assets [3] - After the adjustment, the guarantee limit for Shanghai I Love My Home will be reduced to 10 million yuan, while Shanghai Wei Ai's limit will increase by the same amount [3] Group 3: Guarantee Progress - Shanghai Wei Ai and Shanghai Jia Ying signed loan contracts with Shanghai Rural Commercial Bank for 10 million yuan each, with a loan term from October 29, 2025, to October 23, 2026 [4] - The company acts as a guarantor for these loans, ensuring that the actual guarantee amounts do not exceed the limits approved at the 2024 annual shareholders' meeting [4] Group 4: Financial Status of Subsidiaries - As of December 31, 2024, Shanghai I Love My Home had total assets of 521.07 million yuan and total liabilities of 789.58 million yuan, resulting in a net asset of -268.52 million yuan [5] - Shanghai Wei Ai had total assets of 62.06 million yuan and total liabilities of 97.36 million yuan, with a net asset of -35.30 million yuan as of December 31, 2024 [8] - Shanghai Jia Ying had total assets of 2.21 billion yuan and total liabilities of 2.10 billion yuan, with a net asset of 119.31 million yuan as of December 31, 2024 [9] Group 5: Guarantee Contract Details - The guarantee contracts stipulate that the company guarantees the principal amount of 10 million yuan for the loans, covering all related debts and costs [10][11] - The guarantee period extends for three years from the maturity of the debt obligations [12] Group 6: Board Opinion - The board believes that the guarantee provision supports the subsidiaries in raising funds for business operations, promoting sustainable development [12] - The adjustments made are within the approved limits and do not affect the company's ongoing viability or shareholder interests [12] Group 7: External Guarantee Status - The company and its subsidiaries do not have any overdue guarantees or guarantees provided to external entities [13] - The total external guarantee balance after this transaction is 20.65 billion yuan, which is 22% of the company's latest audited net assets [13]

Core Viewpoint - I Love My Home (000560) announced that neither the company nor its subsidiaries have provided guarantees to external units in the consolidated financial statements [1] Group 1 - The company and its subsidiaries do not provide guarantees to controlling shareholders or actual controllers [1] - There are no overdue debts corresponding to guarantee balances [1] - The company has no guarantees involved in litigation or amounts to be borne due to judgments resulting from guarantees [1]

关于在全资子公司之间调剂担保额度及为全资子公司提供担保 的进展公告 证券代码：000560 证券简称：我爱我家 公告编号：2025-046 号 我爱我家控股集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、担保情况概述 我爱我家控股集团股份有限公司（以下简称"公司"或"本公司"）于 2025 年 4 月 8 日和 2025 年 5 月 13 日分别召开第十一届董事会第十次会议暨 2024 年度 董事会和 2024 年年度股东大会，审议通过了《关于 2025 年度为子公司债务融资 提供担保额度的议案》,同意公司 2025 年度为子公司债务融资提供不超过 40 亿元 的担保额度，其中，为资产负债率低于 70%的子公司提供担保的预计额度不超过 30.80 亿元，为资产负债率超过 70%的子公司提供担保的预计额度不超过 9.20 亿 元。其中，公司为全资子公司上海伟爱房地产经纪有限公司（以下简称"上海伟 爱"）提供的担保额度为 1,000 万元,为全资子公司上海家营物业管理有限公司（以 下简称"上海家营"）提供的担保额度为 8,000 万元，为全资 ...

Market Overview - The real estate service sector declined by 2.3% on October 24, with TeFa Service leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - TeFa Service (300917) closed at 41.42, down 4.30% with a trading volume of 100,800 shares and a turnover of 420 million yuan [1] - Other notable declines include: - World Union (002285) down 4.05% to 2.37 with a turnover of 137 million yuan [1] - Ningbo Fuda (600724) down 3.19% to 5.46 with a turnover of 135 million yuan [1] - Royal International (000056) down 2.87% to 2.37 with a turnover of 104 million yuan [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 103 million yuan from institutional investors, while retail investors saw a net inflow of 59.01 million yuan [1] - Notable capital flows for individual stocks include: - TeFa Service had a net outflow of 32.35 million yuan from institutional investors, but a net inflow of 24.73 million yuan from retail investors [2] - World Union saw a net outflow of 2.83 million yuan from institutional investors, with a net inflow of 44.38 million yuan from retail investors [2] - New Dazheng (002968) had a net inflow of 39.71 million yuan from retail investors despite a net outflow from institutional investors [2]

Group 1 - The core theme of the recent parent-child psychological sand table team-building activity organized by Lijin Rural Commercial Bank was "I Love My Family," focusing on the challenges faced by families with two children [1] - The activity addressed key issues such as parental role pressure, family resource allocation conflicts, sibling relationship tensions, discrepancies between retirement views and reality, and deteriorating parent-child relationships during holidays [1] - The bank's "Qingqing Ziqin" psychological counseling room has organized dozens of themed activities since its establishment in 2021, utilizing group sand table games as a core format, which are well-received due to their non-verbal, easy participation, and deep engagement characteristics [3] Group 2 - The bank plans to further leverage the advantages of the "Qingqing Ziqin" psychological counseling room by continuously optimizing service content, innovating activity formats, and expanding the beneficiary scope [3] - The goal is to establish the counseling room as a trusted haven for employees, an important platform for team cohesion, and a warm window for conveying care, contributing to a harmonious future for the rural commercial bank [3]

Market Overview - On October 23, the real estate service sector rose by 1.08% compared to the previous trading day, with Ningbo Fuda leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Individual Stock Performance - Ningbo Fuda (600724) closed at 5.64, with a gain of 5.42% and a trading volume of 361,600 shares, amounting to a transaction value of 202 million yuan [1] - Te Fa Service (300917) closed at 43.28, up 2.10%, with a trading volume of 131,900 shares and a transaction value of 586 million yuan [1] - Other notable performers include: - World Union (002285) at 2.47, up 1.23% [1] - Zhongtian Service (002188) at 6.27, up 0.64% [1] - ST Mingcheng (600136) at 1.93, up 0.52% [1] Capital Flow Analysis - The real estate service sector experienced a net outflow of 9.7373 million yuan from main funds, while speculative funds saw a net inflow of 64.4139 million yuan, and retail investors had a net outflow of 54.6766 million yuan [2] - The capital flow for individual stocks shows: - Ningbo Fuda had a main fund net outflow of 18.0642 million yuan [3] - Te Fa Service had a main fund net inflow of 7.6020 million yuan [3] - World Union saw a main fund net inflow of 747.68 thousand yuan [3]

Core Viewpoint - The real estate service sector experienced a slight increase of 0.86% on October 22, with ST Mingcheng leading the gains, while the overall market indices showed a decline [1]. Market Performance - The Shanghai Composite Index closed at 3913.76, down 0.07% - The Shenzhen Component Index closed at 12996.61, down 0.62% [1]. Individual Stock Performance - ST Mingcheng (600136) closed at 1.92, up 4.92% with a trading volume of 449,200 shares and a turnover of 85.91 million yuan - New Dazheng (002968) closed at 12.79, up 2.81% with a trading volume of 187,900 shares and a turnover of 241 million yuan - World Union (002285) closed at 2.44, up 2.52% with a trading volume of 583,500 shares and a turnover of 142 million yuan - Other notable stocks include Zhongtian Service (002188) at 6.23 (+1.96%), Ningbo Fuda (600724) at 5.35 (+1.33%), and China Merchants Jiyu (001914) at 11.36 (+0.71%) [1]. Capital Flow Analysis - The real estate service sector saw a net outflow of 67.74 million yuan from institutional investors, while retail investors contributed a net inflow of 52.23 million yuan [2]. - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2]. Detailed Capital Flow by Stock - New Dazheng (002968) had a net inflow of 9.62 million yuan from institutional investors, while it faced a net outflow of 11.98 million yuan from retail investors [3]. - China Merchants Jiyu (001914) experienced a net inflow of 4.76 million yuan from institutional investors, but also saw a net outflow of 5.71 million yuan from retail investors [3]. - ST Mingcheng (600136) had a minor net outflow of 110,600 yuan from institutional investors, with retail investors contributing a net inflow of 976,300 yuan [3].