Summary of 2025 Annual Report of Shenzhen Tellus Holding Co. Ltd.Stock Code: 000025 200025 Stock Abbreviation: Tellus A Tellus B Announcement No.: 2026-002

Summary of 2025 Annual Report of Shenzhen Tellus Holding

Co. Ltd.I. Important Notes

The summary is based on the full text of the annual report. To fully understand the business performance financial condition and

future development plans of the Company investors should carefully read the full text of the annual report via the media

designated by the China Securities Regulatory Commission (CSRC).All directors of the Company have attended the board meeting to review the report.Non-standard audit opinion notes

□ Applicable□Not applicable

Profit distribution plan or the plan for conversion of capital reserve to share capital for the reporting period reviewed by the Board

of Directors

□Applicable □ Not applicable

Whether to convert capital reserve into share capital

□Yes□No

The Company's profit distribution plan passed by the Board of Directors is as follows: Based on a total of 431058320 shares a

cash dividend of RMB 1.10 (including taxes) per 10 shares will be distributed to all shareholders with no bonus shares issued

(including taxes) and no capitalization of reserves for an increase in capital stock.Profit distribution plan of preferred shares in the reporting period adopted by the resolution of the Board of Directors

□ Applicable ? Not Applicable

II. Basic Information of the Company

1. Company profile

Tellus A Tellus

Stock abbreviation Stock code 000025 200025

B

Stock exchange Shenzhen Stock Exchange

Stock abbreviation before change (if any) N/A

Secretary of the Board of Securities affairs

Contact information

Directors representative

Name Qi Peng Liu Menglei

3F Tellus Building No. 3F Tellus Building No.

Office address 56 2nd Shuibei Road 56 2nd Shuibei Road

Luohu District Shenzhen Luohu District Shenzhen

Fax. (0755)83989386 (0755)83989386

Tel. (0755)83989390 (0755)88394183

1Summary of 2025 Annual Report of Shenzhen Tellus Holding Co. Ltd.

E-mail ir@tellus.cn liuml@tellus.cn

2. Brief introduction to main businesses or products during the reporting period

(1) Jewelry services. The jewelry trading segment is dedicated to establishing a digital platform for jewelry trading.

During the reporting period the platform was officially launched with functionalities such as an online mall viewing

sessions supply chain management and a distribution system. It has established a complete closed loop for online

display trading and settlement and has been applied to manage pearl viewing sessions and the mall. The gold

business focuses on enhancing supply chain integration and service capabilities upholding compliance efficient

delivery and stable supply and offering the R&D and sales services of gold cultural and creative products to provide

customers with high-quality customized product solutions.

(2) Property platforms. The Company operates its property assets and drives the transformation from traditional space

leasing to customer-centric commercial asset operation services thereby fully enhancing and unlocking the added

value of the property brand. Amidst industry headwinds the Company has enhanced operational quality and

efficiency through refined investment and tenant management hardware upgrades and high-quality industry events.

3. Major accounting data and financial indicators

(1) Major accounting data and financial indicators in the recent three years

Does the Company need to retrospectively adjust or restate the accounting data for previous years

□Yes□No

Unit: RMB

Change over the end of

End of 2025 End of 2024 End of 2023

the previous year

Total assets 2650158442.53 2594459237.89 2.15% 2403851684.45

Net assets attributable

to shareholders of the 1826644475.33 1726884629.56 5.78% 1603905054.93

listed company

Change over the

202520242023

previous year

Operating revenue 1461603400.53 2613678204.37 -44.08% 1846738841.89

Net profit attributable

to shareholders of the 142865677.77 136629870.80 4.56% 118255140.84

listed company

Net profit attributable

to shareholders of the

listed company net of 138403760.40 126470887.40 9.44% 90386717.21

non-recurring profits

and losses

Net cash flows from

327753897.88390288813.85-16.02%-60140006.46

operating activities

Basic earnings per

0.33140.31704.54%0.2743

share (RMB/share)

Diluted earnings per

0.33140.31704.54%0.2743

share (RMB/share)

Weighted average 8.06% 8.21% -0.15% 7.59%

2Summary of 2025 Annual Report of Shenzhen Tellus Holding Co. Ltd.

return on net assets

(2) Major accounting data in quarters

Unit: RMB

Q1 Q2 Q3 Q4

Operating revenue 328499155.40 549773474.54 288601029.54 294729741.05

Net profit attributable

to shareholders of the 34228060.15 49785369.20 39586476.28 19265772.14

listed company

Net profit attributable

to shareholders of the

listed company net of 31075381.77 45398019.77 40174872.30 21755486.56

non-recurring profits

and losses

Net cash flows from

87337389.4167468942.2616212152.12156735414.09

operating activities

Is there any great discrepancy between the above indicators or their sum and relevant indicators disclosed in the quarterly or semi-

annual report

□Yes □No

4. Capital stock and shareholders

(1) Number of ordinary shareholders and that of preferred shareholders with restored voting rights and shareholding

structure of the top ten shareholders

Unit: Share

Total

number of

preferred

Total number Total number shareholde

of ordinary of preferred rs with

shareholders shareholders restored

Total number of ordinary share at the end of with restored voting

shareholders as of the end of the 49366 the month 47647 voting rights 0 rights at 0

reporting period before the as at the end the end of

disclosure date of the the month

of the annual reporting before the

report period disclosure

date of the

annual

report

Shareholdings of Top 10 Shareholders (excluding shares lent through refinancing)

Number Pledged marked

of or frozen shares

Nature of Shareholding

Name of shareholder Number of shares held restricted

shareholder proportion Status

shares of Quantity

held shares

Shenzhen Special Economic

State-owned

Zone Development Group Co. 49.09% 211591621 0 N/A 0

legal person

Ltd.

3Summary of 2025 Annual Report of Shenzhen Tellus Holding Co. Ltd.

Agricultural Bank of China

Limited - MaxWealth CSI SH-

Others 0.59% 2550875 0 N/A 0

SZ-HK Gold Industry Equity

ETF

Hong Kong Securities Clearing Overseas

0.54% 2308552 0 N/A 0

Company Limited legal person

Domestic

Li Xiaoming natural 0.52% 2230400 0 N/A 0

person

Industrial and Commercial Bank

of China Limited - China

Others 0.40% 1709275 0 N/A 0

Southern CSI All Share Real

Estate ETF

Domestic

Li Daoqing natural 0.35% 1498400 0 N/A 0

person

Domestic

Liao Guopei natural 0.29% 1250550 0 N/A 0

person

Domestic

Yuan Wende natural 0.28% 1218200 0 N/A 0

person

Domestic

Lin Weifeng natural 0.26% 1112900 0 N/A 0

person

Domestic

Li Jun natural 0.24% 1039900 0 N/A 0

person

Among the top 10 shareholders Shenzhen Special Economic Zone

Development Group Co. Ltd. was not related to other shareholders and was

Explanations of the related relationship or

not a person acting in concert as stipulated in the Measures for the

concerted action of the above shareholders

Administration of the Takeover of Listed Companies. It was unknown whether

other shareholders of tradable shares were persons acting in concert.Description of shareholders participating in

N/A

securities margin trading (if any)

Participation of shareholders holding more than 5% of the shares the top 10 shareholders and the top 10 shareholders with

unrestricted tradable shares in share lending activities within the refinancing business

□ Applicable□Not applicable

Changes from the previous period caused by the top 10 shareholders and the top 10 shareholders with unrestricted tradable shares

due to refinancing-based lending/returning

□ Applicable□Not applicable

(2) Total number of preferred shareholders and shareholding structure of the top ten preferred shareholders

□ Applicable□Not applicable

During the reporting period there was no shareholding of preferred shareholders in the Company.

4Summary of 2025 Annual Report of Shenzhen Tellus Holding Co. Ltd.

(3) Property right and control relationship between the Company and the actual controllers disclosed in the block diagram

The commercial registration change procedures for the non-compensatory transfer of the 39.6875% equity stake in SDG Group

held by Shenzhen SASAC to SIHC have not yet been completed.

5. Bonds existing on the date of approval on the annual report

□ Applicable□Not applicable

III. Significant Matters

None.

5