Shenzhen Special Economic Zone Real Estate &
Properties (Group) Co., Ltd.
2026 Interim Report
2026-039
[August 26, 2026]
Section I Important Notes, Table of Contents and
Interpretations
The Board of Directors, the directors, and the executives of the
Company guarantee that there are no significant omissions, fictitious
or misleading statements carried in the Report and we will accept
individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Report.
Principal CHEN Ming, Chief Finance Officer WANG Jianfei and
Chief Accountant (accounting officer) ZHOU Hongpu declare that they
guarantee the authenticity, accuracy and completeness of the financial
report in the Semi-annual Report.
All directors attended the board meeting at which this Semi-
annual Report was considered.
Some of the descriptions in the Company's semi-annual report
relating to future business plans or business work arrangements are
subject to various factors and do not constitute a substantial
commitment by the Company to investors. Investors and related
persons should maintain sufficient risk awareness and understand the
differences between plans, forecasts and commitments.
The Company plans not to distribute cash dividends, issue bonus
shares, or increase share capital through capitalization of reserves.
Table of Contents
Section I Important Notes, Table of Contents and Interpretations......2
Section II Company Profile and Major Financial Indicators......6
Section III Management's Discussion and Analysis......9
Section IV Corporate Governance, Environment and Society......23
Section V Significant Events...... 24
Section VI. Share Changes and Shareholder Information......35
Section VII Bonds......42
Section VIII Financial Statements...... 43
List of Reference Documents
1. The financial statements with the personal signatures and stamps of the Company’s legal
representative, Chief Financial Officer and head of the financial department.
2. The originals of all the documents and announcements disclosed by the Company on the
designated information disclosure media during the Reporting Period.
Interpretations
Item of interpretations Refers to Interpretations
The State-owned Assets Supervision and
“Shenzhen SASAC” or the “Municipal SASAC” Refers to Administration Commission of the People’s
Government of Shenzhen Municipal
SIHC, Shenzhen Investment Holdings Refers to Shenzhen Investment Holdings Co., Ltd.
The Company, the Group, SPG or "we" Refers to Shenzhen Special Economic Zone Real Estate &
Properties (Group) Co., Ltd.
Petrel Hotel Refers to Shenzhen Petrel Hotel Co., Ltd.
Zhentong Engineering Refers to Shenzhen Zhentong Engineering Co., Ltd.
Huazhan Construction Supervision Refers to Shenzhen Huazhan Construction Supervision Co.,
Ltd
Jianbang Group Refers to Guangdong Jianbang Group (Huiyang) Industrial
Co., Ltd.
Chuanqi Real Estate Development Refers to Shenzhen Shenfang Chuanqi Real Estate
Development Co., Ltd.
Guangmingli Refers to SPG Guangmingli Project
Linxinyuan Refers to SPG Linxinyuan Project
Cuilinyuan Refers to SPG Cuilinyuan Project
Section II Company Profile and Ma