Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd.Stock code: 000058 200058 Stock abbreviation: SHEN SEG A SHEN SEG B Notice No.: 2025-015 Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd.I. Important Notice The abstract of 2024 Annual Report is excerpted from the full text of 2024 Annual Report. For more details about the operating result financial condition and future development planning investors shall read carefully the said full text published on the designated media by China Securities Regulatory Commission (CSRC).All directors of the Company attended the Board meeting on which this report was reviewed.Notice of non-standard audit opinions □ Applicable □Not applicable Proposal for profit distribution of common shares or proposal for transfer of capital reserves into share capital during the reporting period deliberated by the Board of Directors □Applicable □ Not applicable Whether capital reserve is transferred into share capital □ Yes □No The Board meeting has deliberated and approved the following profit distribution proposal: Distribute a cash dividend of RMB0.1250 (tax inclusive) for every 10 shares to all shareholders based on a total share capital of 1231200672 shares; no bonus shares will be issued and no capital reserve will be converted into share capital.Proposal for profit distribution of preferred shares in the reporting period adopted in the resolution of the Board of Directors □ Applicable □Not applicable II. Company Profile 1. Basic Information Stock abbreviation SHEN SEG SHEN SEG B Stock code 000058 200058 Stock exchange on which the Shenzhen Stock Exchange shares are listed Stock abbreviation before None change (if any) Contact person and contact Board Secretary Representative of Securities Affairs information Name Xiao Jun Xiang Qianqian 31/F Tower A Stars Plaza Huaqiang Road 31/F Tower A Stars Plaza Huaqiang Road Office address (N) Futian District Shenzhen (N) Futian District Shenzhen Fax 0755-83975237 0755-83975237 Tel 0755-83747939 0755-83741808 Email segcl@segcl.com.cn xiangqq@segcl.com.cn 1Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. 2. Profile of Main Business or Products During the Reporting Period Main businesses of the Company included electronic market circulation business centered on electronic specialized market and communication market and the urban services with property operation and management services as the core the new energy business centered on photovoltaic power generation integrated energy management and photovoltaic building integration and the inspection testing and certification business centered on the research and development production and manufacturing of test equipment as well as environmental and reliability comprehensive testing services.In 2024 Adhering to the "14th Five-Year Plan" development strategy as the guide the Company continued to consolidate and develop the two major installed businesses of electronic market circulation + property management and urban services while focusing on the two core incremental businesses of new energy applications + research and development manufacturing and services of testing equipment. It has built an industrial operation headquarters with strong resource integration and control capabilities thus laying the foundation for the development of strategic emerging industries and gradually releasing the brand and service advantages of Shenzhen SEG. By continuously optimizing internal management tapping potential and increasing effectiveness improving operating efficiency and consolidating the advantages of the main business the Company has deepened brand building and achieved high-quality development. (1) Electronic market circulation The Company's electronic market circulation business covers two major brands SEG E-Market and SEG Communication Market. Under this business model the Company controlled held held the shares of and operated under authorization more than 20 companies. Wherein the Company mainly held the following electronic markets: Shenzhen SEG E-Market SEG Communication Market Longgang SEG Shunde SEG Changsha SEG Wujiang SEG Xi'an SEG Xi'an Hairong SEG etc.During the reporting period the Company continued to strengthen and steadily implemented the "e-market +" strategic plan.Firstly by optimizing the market business environment strengthening differentiated and refined management and improving service quality the Company continuously improved the soft power and added value of the markets enhanced merchant stickiness to stabilized the merchant base and consolidated the installed business. Secondly the Company continued to deepen the advantageous formats of markets and give play to the agglomeration effect of formats in subdivided fields so as to create a professional and concentrated distribution center for electronic and supporting products and consolidate its position in the industry.Thirdly the Company continuously paid attention to industry development trends and hot spots grasped market demands adjusted business strategies in a timely manner optimized the structure and layout of store formats and cultivated new formats to adapt to the ever-changing market environment. This will help promote market transformation and development and achieve efficiency improvement. (2) Property management and urban services During the reporting period the Company insisted on being customer-centric striving to meet the needs and improve the satisfaction of customers and continuously consolidating advantageous areas and core competitiveness. Firstly the Company built a high-quality service standard system. After deeply understanding customer needs and expectations the Company designed service products optimized service content improved service quality launched special services and enhanced customer experience striving to provide customers with customized property management services and create benchmark demonstration projects. Secondly the Company gave full play to own resources and brand advantages flexibly responded to market changes coordinated internally and externally and expanded new formats such as urban renewal commercial complex renovation tourist attractions and rail transit. Thirdly the Company followed the market development trend seized policy opportunities and carried out value-added services such as installing elevators and renovating old residential areas. It continued to expand business boundaries build a diversified profit model and enhance risk resistance. Fourthly the Company insisted on innovative development introduced smart property solutions created smart property demonstration projects and made property services smarter and more efficient. (3) New energy During the reporting period the Company while being deeply rooted in Shenzhen radiated across the country and deeply cultivated the regional markets of South China Northeast China North China and East China. It steadily promoted the grid- 2Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. connected power generation of photovoltaic projects ensured the stable operation of the business and increased the investment and development of distributed photovoltaic power stations. Moreover the Company promoted the implementation of application fields such as energy storage power stations and charging piles and achieved significant benefits in reducing costs and increasing efficiency for customers saving energy and reducing emissions obtaining carbon indicators and creating low-carbon parks. At the same time the Company continued to strengthen technological innovation increased R&D investment developed comprehensive energy management systems and accelerated the implementation of projects such as energy storage power stations and charging piles. In addition the Company actively expanded the Building Integrated Photovoltaics (BIPV) business combining photovoltaic modules with building structures to create green building solutions and thus helping the construction industry achieve low-carbon transformation. (4) Inspection & testing certification During the reporting period the Company has formed an overall layout of one headquarters four bases and more than ten branches. It established production bases for mechanical environmental testing equipment climate environmental testing equipment and comprehensive environmental testing equipment in Suzhou and Chengdu. The products were widely used in national key laboratories and laboratories in various fields. The Company set up third-party professional laboratories in Suzhou and Shanghai which had CNAS CMA and other qualifications and provided customers with services such as climate environmental testing mechanical environmental testing structural strength testing reliability testing and analysis. The Company's business covered rail transit ships engineering machinery nuclear power wind power generation and other fields providing high-quality services to customers including scientific research institutes enterprises institutions and universities. 3. Main Accounting Data and Financial Indexes (1) Main accounting data and financial indexes in recent three years Whether the Company needs to perform retrospective adjustment or restatement of accounting data for previous years □ Yes □No Unit: RMB/yuan Changes over end of End of 2024 End of 2023 End of 2022 last year Total assets 5065402435.76 5380146949.27 -5.85% 5318741351.95 Net assets attributable to shareholders of the listed 2007073603.17 2006490243.66 0.03% 1928217155.45 company Changes over last 202420232022 year Revenue 1711470295.10 1949065511.09 -12.19% 1828803853.48 Net profit attributable to shareholders of the listed 37561269.90 90467495.89 -58.48% 15776322.05 company Net profit attributable to shareholders of the listed company after deducting 24402351.04 -77117634.13 131.64% -31661979.02 non-recurring profit and loss Net cash flows from 239470643.15362448784.71-33.93%222483347.29 operating activities Basic earnings per share 0.03050.0735-58.50%0.0128 (Yuan/share) Diluted earnings per share 0.0305 0.0735 -58.50% 0.0128 3Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. (Yuan/share) Weighted average ROE 1.87% 4.60% -2.73% 0.81% (2) Main accounting data by quarter Unit: RMB/yuan Q1 Q2 Q3 Q4 Revenue 414161145.61 387902037.74 441574388.36 467832723.39 Net profit attributable to 24867650.3126062071.76-12803265.02-565187.15 shareholders of the listed company Net profit attributable to shareholders of the listed company 24648777.2928111955.71-11396664.68-16961717.28 after deducting non-recurring profit and loss Net cash flows from operating -42261121.3578521155.2319855191.80183355417.47 activities Whether there are significant differences between the above-mentioned financial indicators or its total number and the relevant financial indicators disclosed in the Company’s quarterly reports and semi-annual report □ Yes □No 4. Shareholders and Shareholder Information (1) Total number of ordinary shareholders number of preferred shareholders whose voting rights were resumed and shareholdings of top 10 shareholders Unit: share Total number of Total ordinary Total number of number of shareholders preferred Total number of preferred ordinary at the end of shareholders shareholders whose voting shareholder the month whose voting rights were resumed at the end 678627108800 s at the end preceding rights were of the month preceding the of the the resumed at the disclosure date of the annual reporting disclosure end of the report period date of the reporting period annual report Shareholdings of top 10 shareholders (excluding shares lent through margin securities loan) Pledged marked or Shareholdin Name of Nature of Number of restricted frozen g percentage Number of shares shareholder shareholder shares (%) NumbShare status er Shenzhen State-owned Not SEG Group 56.54% 696163182 0 0 legal person applicable Co. Ltd.Hong Kong Securities Foreign legal Not 0.71%870139600 Clearing person applicable Co. Ltd.LISHERY Foreign Not NZHANMI natural 0.65% 8031115 0 0 applicable NG person 4Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. Domestic Liu Not natural 0.62% 7612602 0 0 Guocheng applicable person Domestic Liu Not natural 0.31% 3861446 0 0 Guohong applicable person Foreign Gong Not natural 0.24% 2940000 0 0 Qianhua applicable person China Merchants Bank — Southern Not Asset Others 0.20% 2442200 0 0 applicable Manageme nt CSI Smallcap 1000 ETF Domestic Lu Not natural 0.18% 2207200 0 0 Xiaowang applicable person Domestic Wang Not natural 0.17% 2100000 0 0 Jinjun applicable person Domestic Xu Not natural 0.16% 2006900 0 0 Yueying applicable person Description on the related There is no related party relationship between SEG Group and other shareholders nor are they relationship or persons persons acting in concert as stipulated in the Administrative Measures on Acquisition of Listed acting-in-concert Companies. It is unknown to the Company whether other shareholders are related parties or arrangements among the persons acting in concert.above shareholders Description on the shareholders’ participation in margin trading and None securities lending business (if any) Participation of margin securities loan by shareholders holding more than 5% of total shares top 10 shareholders and top 10 shareholders without selling restrictions □Applicable □ Not applicable 5Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. Unit: share Participation of margin securities loan by shareholders holding more than 5% of total shares top 10 shareholders and top 10 shareholders without selling restrictions Number of shares Number of shares lent Number of shares held Number of shares held lent through margin through margin through ordinary account through ordinary account securities loan and securities loan and not and credit account at the and credit account at the not yet returned at Name of yet returned at the beginning of the period end of the period the end of the shareholder (full beginning of the period period name) Proportion Proportion Proportion Proportion to total to total to total to total Total Total Total Total share share share share capital capital capital capital China Merchants Bank — Southern Asset Management 335900 0.03% 90500 0.01% 2442200 0.20% 0 0.00% CSI Smallcap 1000 ETF Changes of top 10 shareholders and top 10 shareholders without selling restrictions over the previous period due to the lending or return of shares lent through margin securities loan □Applicable □ Not applicable Unit: share Changes of top 10 shareholders and top 10 shareholders without selling restrictions over the previous period due to the lending or return of shares lent through margin securities loan Number of shares held in Number of shares lent through shareholders’ general accounts margin securities loan and not yet New and credit accounts and shares returned at the end of the period entry/withdrawal lent through margin securities Name of shareholder (full name) and not yet returned at the end of in the current loan and not yet returned at the the period period end of the period Proportion to total Proportion to total Total Total share capital share capital China International Capital Withdrawal 0 0.00% 407822 0.03% Corporation Limited (2) Number of Preferred Shareholders and Shares Held by Top 10 Preferred Shareholders □ Applicable □Not applicable In the reporting period no shareholders held preferred shares. 6Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. (3) Diagram on equity and control relationship between the Company and actual controllers 100%100% 100% 0.46%38.10%26.12%13.72%9.80%7.51%4.29% 56.54% 5. Bonds in Existence as of the Approval Date of the Semi-Annual Report □ Applicable □Not applicable III. Important Events Overview Date of disclosure Query index on the website where the report is disclosed Notice on the Resolution of the 49th Interim Meeting of the 8th Board of Directors January 06 2024 Revision Draft of the Articles of Association and Revision Comparison Table for the 1. Amendment of the Articles of Association released on CNINFO (http://www.cninfo.com.cn/) Articles of Association Notice on the Resolution of the 1st Interim General Meeting in 2024 and Articles of January 23 2024 Association released on CNINFO (http://www.cninfo.com.cn/) Notice on the By-Election of Independent Directors of the Company Notice on the Resolution of the 50th Interim Meeting of the 8th Board of Directors Statement and January 20 2024 Commitment of the Nominated Independent Director and Statement and 2. By-election of the Commitment of the Independent Director Candidate released on CNINFO Company's independent (http://www.cninfo.com.cn/) directors Notice on the Resolution of the 2nd Interim General Meeting in 2024 released on February 07 2024 CNINFO (http://www.cninfo.com.cn/) Notice on the Resolution of the 50th Interim Meeting of the 8th Board of Directors January 20 2024 and Guarantee Management Measures released on CNINFO 3. Revision of the (http://www.cninfo.com.cn/) Guarantee Management Measures Notice on the Resolution of the 2nd Interim General Meeting in 2024 and February 07 2024 Guarantee Management Measures released on CNINFO (http://www.cninfo.com.cn/) 4. Performance January 27 2024 Performance Forecast for 2023 released on CNINFO (http://www.cninfo.com.cn/) Forecast for 2023 Notice on Purchasing Wealth Management Products with Own Idle Funds released March 29 2024 5. Purchase of wealth on CNINFO (http://www.cninfo.com.cn/) management products with own idle funds Notice on the Resolution of the 29th (2023) Shareholders General Meeting released April 20 2024 on CNINFO (http://www.cninfo.com.cn/) 7Abstract of 2024 Annual Report of Shenzhen SEG Co. Ltd. Notice on the Company's Provision for Impairment of Various Assets for 2023 March 29 2024 6. Asset impairment released on CNINFO (http://www.cninfo.com.cn/) provision for 2023 Notice on the Resolution of the 29th (2023) Shareholders General Meeting released April 20 2024 on CNINFO (http://www.cninfo.com.cn/) Notice on the Resolution of the 10th Meeting of the 8th Board of Directors and March 29 2024 Notice on the Resolution of the 10th Meeting of the 8th Board of Supervisors released on CNINFO (http://www.cninfo.com.cn/) 7. Equity distribution Notice on the Resolution of the 29th (2023) Shareholders General Meeting released for 2023 April 20 2024 on CNINFO (http://www.cninfo.com.cn/) Notice on the Implementation of the 2023 Annual Equity Distribution released on May 11 2024 CNINFO (http://www.cninfo.com.cn/) 8. Adjustment to members of the special Notice on the Resolution of the 51st Interim Meeting of the 8th Board of Directors April 26 2024 committees of the released on CNINFO (http://www.cninfo.com.cn/) Board 9. Semi-annual Semi-annual Performance Forecast for 2024 released on CNINFO Performance Forecast July 10 2024 (http://www.cninfo.com.cn/) for 2024 Notice on Resolutions of the 11th Meeting of 8th BOD and the Announcement on August 28 2024 the Continued Engagement of the Auditing Agency in 2024 released on CNINFO 10. Continued (http://www.cninfo.com.cn/) engagement of the auditing agency in 2024 Notice on Resolution of the 3rd Interim General Meeting in 2024 released on September 14 2024 CNINFO (http://www.cninfo.com.cn/) Notice on the Resolution of the 11th Meeting of the 8th Board of Directors and 11. Purchase of liability August 28 2024 Notice on the Purchase of Liability Insurance for Directors Supervisor and Senior insurance for directors Executives released on CNINFO (http://www.cninfo.com.cn/) supervisors and senior Notice on Resolution of the 3rd Interim General Meeting in 2024 released on executives September 14 2024 CNINFO (http://www.cninfo.com.cn/) Notice on Abnormal Fluctuations in Stock Trading released on CNINFO September 05 2024 (http://www.cninfo.com.cn/) Notice on Abnormal Fluctuations in Stock Trading released on CNINFO September 13 2024 (http://www.cninfo.com.cn/) 12. Abnormal Notice on Abnormal Fluctuations in Stock Trading released on CNINFO fluctuations in stock October 29 2024 (http://www.cninfo.com.cn/) trading Notice on Abnormal Fluctuations in Stock Trading released on CNINFO October 31 2024 (http://www.cninfo.com.cn/) Notice on Abnormal Fluctuations in Stock Trading released on CNINFO November 06 2024 (http://www.cninfo.com.cn/) Notice on the Resolution of the 13th Meeting of the 8th Board of Directors Notice on the Resolution of the 12th Meeting of the 8th Board of Supervisors and Notice October 30 2024 13. Asset impairment on Asset Impairment Provision for the First Three Quarters of 2024 released on provision for the first CNINFO (http://www.cninfo.com.cn/) three quarters of 2024 Notice on the Resolution of the 4th Interim General Meeting in 2024 released on December 21 2024 CNINFO (http://www.cninfo.com.cn/) 14. Replacement of the Notice on Replacing the Financial Advisor for Continuous Supervision released on financial advisor for November 16 2024 CNINFO (http://www.cninfo.com.cn/) continuous supervision Notice on Participating in the Collective Reception Day for Listed Companies in 15. Collective reception December 07 2024 Shenzhen in 2024 released on CNINFO (http://www.cninfo.com.cn/) day for listed companies in Shenzhen Investor Relations Activity Record Sheet on December 12 2024 released on in 2024 December 12 2024 CNINFO (http://www.cninfo.com.cn/) 8