ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2023 (Summary)

Stock Code: 000011 200011 Stock Name: PRD PRD-B Announcement No. 2023-15

SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT

(GROUP) LTD.INTERIM REPORT 2023 (SUMMARY)

Part I Important Notes

This Summary is based on the full Interim Report of ShenZhen Properties & Resources Development (Group) Ltd. (together with its

consolidated subsidiaries the “Company” except where the context otherwise requires). In order for a full understanding of the

Company’s operating results financial condition and future development plans investors should carefully read the aforesaid full

report which has been disclosed together with this Summary on the media designated by the China Securities Regulatory

Commission (the “CSRC”).All the Company’s directors have attended the Board meeting for the review of this Report and its summary.Independent auditor’s modified opinion:

□ Applicable □ Not applicable

Board-approved interim cash and/or stock dividend plan for ordinary shareholders:

□ Applicable □ Not applicable

The Company has no interim dividend plan either in the form of cash or stock.Board-approved interim cash and/or stock dividend plan for preferred shareholders:

□ Applicable □ Not applicable

This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or

misunderstandings between the two versions the Chinese versions shall prevail.Part II Key Corporate Information

1. Stock Profile

Stock name PRD PRD-B Stock code 000011 200011

Stock exchange for stock listing Shenzhen Stock Exchange

Previously used stock names (if any) N/A

Contact information Board Secretary Securities Representative

1ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2023 (Summary)

Name Zhang Gejian Ding Minghua and Chen Qianying

20/F International Trade Center Renmin 39/F International Trade Center Renmin

Office address South Road Luohu District Shenzhen South Road Luohu District Shenzhen

Guangdong Province P.R.China Guangdong Province P.R.China

Tel. 0755-82211020 0755-82211020

E-mail address 000011touzizhe@szwuye.com.cn 000011touzizhe@szwuye.com.cn

2. Key Financial Information

Indicate by tick mark whether there is any retrospectively restated datum in the table below.□ Yes □ No

H1 2023 H1 2022 Change (%)

Operating revenue (RMB) 1905464632.85 1988299840.24 -4.17%

Net profit attributable to the listed company’s

220903444.63250802157.71-11.92%

shareholders (RMB)

Net profit attributable to the listed company’s

shareholders before exceptional gains and losses 220844711.14 256650611.05 -13.95%

(RMB)

Net cash generated from/used in operating

-580021658.15-395994231.09-46.47%

activities (RMB)

Basic earnings per share (RMB/share) 0.3707 0.4208 -11.91%

Diluted earnings per share (RMB/share) 0.3707 0.4208 -11.91%

Weighted average return on equity (%) 4.92% 5.40% -0.48%

30 June 2023 31 December 2022 Change (%)

Total assets (RMB) 15499537209.75 15800287610.40 -1.90%

Equity attributable to the listed company’s

4418069737.974412555547.970.12%

shareholders (RMB)

3. Shareholders and Their Holdings as at the End of the Reporting Period

Unit: share

Number of ordinary Number of preferred shareholders with

431950

shareholders resumed voting rights (if any)

Top 10 shareholders

Shares in pledge

Nature of Shareholding Number of Restricted marked or frozen

Name of shareholder

shareholder percentage shares shares

Status Shares

Shenzhen Investment State-owned legal

50.57%3014146373326

Holdings Co. Ltd. person

Shenzhen State-owned Domestic non-

Equity Management state-owned legal 6.38% 38037890 0

Co. Ltd. person

China Orient Asset State-owned legal

2.77%164914020

Management Co. Ltd. person

Domestic natural

Wang Zhong 0.32% 1878100 0

person

2ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2023 (Summary)

Domestic natural

Duan Shaoteng 0.29% 1755565 0

person

Shenzhen Duty-Free Domestic non-

Commodity Enterprises state-owned legal 0.29% 1730300 1730300

Co. Ltd. person

Industrial and

Commercial Bank of

China Limited－

Southern China

Securities Full Index Other 0.29% 1728434 0

Real Estate Trading

Open-ended Index

Securities Investment

Fund

Domestic natural

Yang Yaochu 0.28% 1640984 0

person

Domestic natural

Li Xinyi 0.25% 1500000 0

person

Hong Kong Securities Foreign legal

0.23%13690740

Clearing Company Ltd. person

Related or acting-in- The largest shareholder Shenzhen Investment Holdings Co. Ltd. is the controlling shareholder of the

concert parties among Company and Shenzhen State-owned Equity Management Co. Ltd. And the Company does not know

the shareholders above whether there are related parties or acting-in-concert parties among the other shareholders.Shareholders involved

in securities margin N/A

trading (if any)

4. Change of the Controlling Shareholder or the Actual Controller in the Reporting Period

Change of the controlling shareholder in the Reporting Period:

□ Applicable □ Not applicable

The controlling shareholder remained the same in the Reporting Period.Change of the actual controller in the Reporting Period:

□ Applicable □ Not applicable

The actual controller remained the same in the Reporting Period.

5. Number of Preferred Shareholders and Shareholdings of Top 10 of Them

□ Applicable □ Not applicable

No preferred shareholders in the Reporting Period.

6. Outstanding Bonds at the Date when this Report Was Authorized for Issue

□ Applicable □ Not applicable

3ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2023 (Summary)

Part III Significant Events

□Applicable □ Not applicable

Significant arbitration event of subsidiary: During the Reporting Period Shenzhen International Arbitration Court formally

accepted the case of civil loan dispute between the Company’s subsidiary Shenzhen Rongyao Real Estate Development Co. Ltd.and Shenzhen Xinhai Rongyao Real Estate Development Co. Ltd. etc. which involves a provis ional total amount of

RMB722182200. As of the disclosure date of this report the case has not yet come to trial. The influence of this arbitration

matter on the Company’s profit for the current period or profit after the period is still uncertain and the final actual impact shall be

subject to the decision of the Arbitration Court. The Company will carry out the corresponding accounting treatment based on the

process and results of the case and in accordance with the requirements of relevant accounting standard as well as the actual

situation and fulfil its information disclosure obligation in a timely manner. See the Announcement on Significant Arbitration

Event of Subsidiary (Announcement No.: 2023-13) disclosed by the Company on Cninfo dated 9 June 2023 for details.

4