深物业B:2023年年度报告(英文版)

【摘要】SHENZHENPROPERTIES&RESOURCESDEVELOPMENT(GROUP)LTD.ANNUALREPORT2023(AnnouncementNo.2024-06)March2024ANNUALREPORT2023PartI...

  SHENZHEN PROPERTIES & RESOURCES
      DEVELOPMENT (GROUP) LTD.

          ANNUAL REPORT 2023

                              (Announcement No. 2024-06)

                        March 2024


          ANNUAL REPORT 2023

    Part I Important Notes, Table of Contents and Definitions

The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,
supervisors and senior management of ShenZhen Properties & Resources Development
(Group) Ltd. (hereinafter referred to as the “Company”) hereby guarantee the factuality,
accuracy and completeness of the contents of this Report and its summary, and shall be
jointly and severally liable for any misrepresentations, misleading statements or material
omissions therein.

Liu Shengxiang, the Company’s legal representative, Cai Lili, the Company’s head of
financial affairs, and Cai Kelin, head of the Company’s financial department (equivalent to
financial manager) hereby guarantee that the Financial Statements carried in this Report are
factual, accurate and complete.

All the Company’s directors have attended the Board meeting for the review of this Report
and its summary.

The Company has described in detail in this Report the possible risks facing it, along with
countermeasures. Please refer to the section headed “Prospects” of “Part III Management
Discussion andAnalysis” of this Report.

The Board has approved a final dividend plan as follows: based on the share capital of
595,979,092 shares, a cash dividend of RMB3.12 (tax inclusive) per 10 shares is to be
distributed to the shareholders, with no bonus issue from either profit or capital reserves.

This Report and its summary have been prepared in Chinese and translated into English.
Should there be any discrepancies or misunderstandings between the two versions, the
Chinese versions shall prevail.


                  Table of Contents


Part I Important Notes, Table of Contents and Definitions...... 2

Part II Corporate Information and Key Financial Information...... 6

Part III Management Discussion andAnalysis......12
Part IV Corporate Governance......42

Part V Environmental and Social Responsibility......67

Part VI Significant Events......70

Part VII Share Changes and Shareholder Information......84

Part VIII Preferred Shares......93
Part IX Bonds......94
Part X Financial Statements......95

              DocumentsAvailable for Reference

I. The financial statements with the signatures and stamps of the Company’s legal representative,
head of financial affairs and head of the financial department;

II. The original of the Independent Auditor’s Report with the stamp of the CPA firm and the
signatures and stamps of the certified public accounts; and

III. The originals of all the Company’s documents and announcements disclosed to the public in the
Reporting Period.


                        Definitions

                  Term                                                Definition

The “Company”, the “Group”, “SZPRD” or “we”      ShenZhen Properties & Resources Development (Group) Ltd. and its

                                            consolidated subsidiaries, except where the context otherwise requires

SIHC                                        Shenzhen Investment Holdings Co., Ltd.

Huangcheng Real Estate                          Shenzhen Huangcheng Real Estate Co., Ltd.

Dongguan Company                            Dongguan ITC Changsheng Real Estate Development Co., Ltd.

Xuzhou Company                              SZPRD Xuzhou Dapeng Real Estate Development Co., Ltd.

Yangzhou Company                            SZPRD Yangzhou Real Estate Development Co., Ltd.

Wuhe Urban Renewal                            Shenzhen Wuhe Urban Renewal Co., Ltd.

Rongyao Real Estate                            Shenzhen Rongyao Real Estate Development Co., Ltd.

ITC Property Management                        Shenzhen International Trade Center Property Management Co., Ltd.

ITC Technology Park                            Shenzhen ITC Technology Park Service Co., Ltd.

Guomaomei Life                                Shenzhen Guomaomei Life Service Co., Ltd.

Commercial Operation Company                  Shenzhen SZPRD Commercial Operation Co., Ltd.

Guomao Catering                              Shenzhen Guomao Catering Co., Ltd.

Supervision Company                            Shenzhen Property Engineering and Construction Supervision Co., Ltd.

Wuhe Company                                Shenzhen Wuhe Industry Investment Development Co., Ltd.

Shenzhen Property Management                  Shenzhen Property Management Co., Ltd.

Foreign Trade Property Management                Shenzhen Foreign Trade Property Management Co., Ltd.

Shenfubao Property Development                  Shenzhen Shenfubao Property Development Co., Ltd.

Hydropower Company                          Shenzhen Shenfubao Hydropower Municipal Service Co., Ltd.

Security Service Company                        Shenzhen Free Trade Zone