Haitong Securities released a research report stating that it maintains the Midea Real Estate (03990.HK) “superior to the market” rating and considering its significant financing advantages, the land storage structure has been gradually adjusted to a high-energy core city. The 24-year EPS for the company is RMB 0.66, and the reasonable value range is HK$4.35-5.07 per share. The board of directors of the company proposed a dividend of HK$0.36 per share until the end of 2023. Since listing in 2018, it has maintained a competitive dividend policy in the industry for six years. The controlling shareholder used shares to replace the total amount of HK$2 billion in the two years 2021-22.