Richly Field China Development publishes 2026 annual report

• Richly Field China Development’s annual report for the year ended March 31, 2026 flagged weaker topline performance, driven by a sharp slowdown in property sales.
• Yinchuan commercial complex held about 87% occupancy; residential Phase 2 construction completed, with deliveries started.
• Qinhuangdao Venice City of Water Outlets project remained suspended since 2023; talks continued to restart it, including a May 28, 2026 framework deal with a new investor.
• Property management stayed in operation across Ningxia, Wuhan, Hohhot; management continued to screen expansion targets, with no binding deal reached.
• Strategy shifted toward asset monetization, project restart partnerships, cost cuts, and exploring investments outside China’s property sector.

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. Richly Field China Development 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-20260731-12263659), on July 31, 2026, and is solely responsible for the information contained therein.