Longfor expects H1 profit attributable to owners at RMB 1.8 billion-RMB 2 billion

• Longfor guided first-half profit attributable to owners at RMB 1.8 billion to RMB 2 billion, down from RMB 3.22 billion a year earlier.
• Core net profit attributable to owners seen at RMB 50 million to RMB 100 million, versus RMB 1.38 billion a year earlier.
• Guidance reflects a prolonged property-market adjustment, inventory destocking, lower recognized development revenue, weaker gross margin.
• Property operation, property service units delivered steady growth, supporting cash flow, profit.
• Operating cash flow including capex stayed positive; debt reduced; financing structure, costs, borrowing maturities optimized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Longfor Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260814-12285447), on August 14, 2026, and is solely responsible for the information contained therein.