• LVGEM (China) posted a net loss of RMB 599.8 million for the six months ended June 30, narrowing 70% year on year.
• Revenue surged to RMB 9.77 billion, up 840% year on year, driven by property sales revenue of RMB 9.36 billion.
• Gross profit rose to RMB 853.6 million, up 127%, while gross margin fell 27 percentage points to 9%.
• Loss attributable to owners narrowed 70% to RMB 554.5 million; basic loss per share improved to RMB 8.71 cents, down 72%.
• Management cited Phase I delivery of the Shenzhen Baishizhou Urban Renewal Project, with fair value losses on investment properties easing to RMB 11 million.

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. LVGEM (China) Real Estate Investment Company Limited 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-20260828-12305151), on August 28, 2026, and is solely responsible for the information contained therein.