Stockcode:000029,200029Stockabbreviation:SPGA,SPGBAnnouncementNo.:2026-011
ShenzhenSpecialEconomicZoneRealEstate&
Properties(Group)Co.,Ltd.Abstractof2025AnnualReport
I.ImportantnotesThesummaryoftheannualreportisextractedfromthefulltextoftheannualreport.InordertofullyunderstandtheCompany'soperatingresults,financialstatusandfuturedevelopmentplans,investorsshouldcarefullyreadthefulltextoftheannualreportonthemediadesignatedbytheCSRC.Alldirectorsattendedtheboardmeetingatwhichthisreportwasconsidered.Promptofamodifiedreport
□Applicable√Notapplicable?ProposedprofitdistributionplanortheproposalforcapitalizationofreservestoincreasesharecapitalforthereportingperioddeliberatedbytheBoardofDirectors?
√Applicable□NotapplicableWhethertoconvertcapitalreservestocapitalshares
□Yes√No?Thecompany’sprofitdistributionplanapprovedbytheboardofdirectorsthistimeis:basedon1,011,660,000shares,acashdividendof0.35yuan(taxincluded)willbedistributedtoallshareholdersforevery10shares,and0shares(taxincluded)willbegivenasbonusshares.Thecapitalreservewillnotbeconvertedintosharecapital.ThisReporthasbeenpreparedinbothChineseandEnglish.Incaseofanydiscrepancy,theChineseversionshallprevail.TableofContents.ImportantNotice,TableofcontentsandDefinitionsII.CompanyProfile&FinancialHighlights.ProposedprofitdistributionplanforpreferredsharesforthereportingperiodresolvedbytheBoardofDirectors
□Applicable?Notapplicable
II.BasicinformationoftheCompany
1.Companyprofile
| Stockname | SPG,SPG-B | Stockcode | 000029（200029） |
| Stockexchange | ShenzhenStockExchange | ||
| Contactpersonandcontactinformation | SecretaryoftheBoardofDirectors | Securitiesaffairsrepresentative | |
| Name | LuoYi | HongLu | |
| Officeaddress | 47/F,SPGPlaza,RenminSouthRoad,LuohuDistrict,Shenzhen,Guangdong,P.R.China | 47/F,SPGPlaza,RenminSouthRoad,LuohuDistrict,Shenzhen,Guangdong,P.R.China | |
| Fax | （86755）82294024 | （86755）82294024 | |
| Tel. | （86755）25108897 | （86755）25108837 | |
| spg@sfjt.sihc.com.cn | spg@sfjt.sihc.com.cn | ||
2.IntroductiontomainbusinessorproductsduringthereportingperiodTheCompanyfocusesonthedevelopmentofresidentialproperties.ItsprojectsforsalearemainlylocatedinShenzhenandShantou,includingSFCuiLinYuaninShenzhenandTianyueBayinShantou.TheCompanyisspecialisedinresidentialrealestatedevelopment,withon-saleprojectsmainlydistributedinShenzhenandShantou.TheseincludeCuilinyuaninShenzhenandTianyuewaninShantou.
3.Keyaccountingdataandfinancialindicators
(1)MajoraccountingdataandfinancialindicatorsinthepastthreeyearsWhethertheCompanyneedstoretroactivelyadjustorrestatetheaccountingdataofpreviousyears
□Yes√No?
Unit:RMB
| Asattheendof2025 | Asattheendof2024 | Increase/decreaseattheendofthisyearcomparedwiththeendoflastyear | Asattheendof2023 | |
| Totalassets | 3,882,782,985.57 | 5,987,780,656.67 | -35.15% | 6,485,312,507.46 |
| Netassetsattributabletoshareholdersofthelistedcompany | 3,612,323,196.38 | 3,512,112,493.42 | 2.85% | 3,691,082,484.20 |
| 2025 | Year2024 | Increase/decreasethisyearcomparedwithlastyear | Year2023 | |
| Operatingrevenue | 1,482,872,299.36 | 407,022,191.44 | 264.32% | 530,887,720.68 |
| Netprofitattributabletoshareholdersofthelistedcompany | 99,956,003.75 | -176,710,947.65 | 156.56% | -250,839,542.09 |
| Netprofitattributabletoshareholdersoflistedcompaniesafterdeductingnon-recurringprofitorloss | 234,352,924.49 | -197,979,921.69 | 218.37% | -267,984,286.36 |
| Netcashflowsfromoperatingactivities | -95,319,433.93 | -127,403,949.79 | 25.18% | 1,045,037,248.19 |
| Basicearningspershare(RMB/share) | 0.0988 | -0.1747 | 156.55% | -0.2479 |
| Dilutedearningspershare(RMB/share) | 0.0988 | -0.1747 | 156.55% | -0.2479 |
| Weightedaveragerateofreturnonnetassets | 2.81% | -4.91% | 7.72% | -6.52% |
(2)Quarterlymainaccountingdata
Unit:RMB
| Q1 | Q2 | Q3 | Q4 | |
| Operatingrevenue | 330,053,200.67 | 307,313,020.68 | 261,486,861.10 | 584,019,216.91 |
| Netprofitattributabletoshareholdersofthelistedcompany | 72,421,123.75 | 30,606,522.67 | 42,090,029.10 | -45,161,671.77 |
| Netprofitattributabletoshareholdersoflistedcompaniesafterdeductingnon-recurringprofitorloss | 68,102,809.31 | 26,249,678.66 | 37,588,629.07 | 102,411,807.45 |
| Netcashflowsfromoperatingactivities | -18,784,578.27 | -68,637,663.31 | -4,582,204.79 | -3,314,987.56 |
WhethertheabovefinancialindicatorsortheiraggregatearesignificantlydifferentfromthefinancialindicatorsrelatedtotheCompany'sdisclosedquarterlyandsemi-annualreports
□Yes√No?
4.Sharecapitalandshareholders
(I)Numberofordinaryshareholders,numberofpreferredshareholderswhosevotingrightshavebeenrestored,andshareholdingsofthetop10shareholders
Unit:shares
| Totalnumberofordinaryshareholdersattheendofthereportingperiod. | 38,034 | Totalnumberofordinaryshareholdersattheendofthemonthbeforethedisclosuredateoftheannualreport | 38,997 | Totalnumberofpreferredshareholderswhosevotingrightshavebeenrestoredattheendofthereportingperiod | 0 | Totalnumberofpreferredshareholderswhosevotingrightisrestoredattheendofthemonthbeforethedisclosuredateoftheannualreport | 0 | ||||
| Shareholdingsofthetop10shareholders(excludingshareslentthroughrefinancing) | |||||||||||
| Nameofshareholder | Natureofshareholder | Shareholdingratio | Numberofsharesheld | Numberofsharesheldunderrestrictedconditions | Pledge,markingorfreezing | ||||||
| Sharestatus | Number | ||||||||||
| ShenzhenInvestmentHoldingsCo.,Ltd. | State-ownedlegalperson | 54.79% | 554,247,280 | 0 | Notapplicable | 0 | |||||
| ShenzhenState-ownedEquityOperationManagementCo.,Ltd. | Domesticnon-state-ownedlegalperson | 6.35% | 64,288,426 | 0 | Notapplicable | 0 | |||||
| YangJianmin | Domestic | 1.02% | 10,287,700 | 0 | Pledged | 3,890,000 | |||||
| naturalperson | |||||||
| HongKongSecuritiesClearingCompanyLtd.(HKSCC) | Overseaslegalperson | 0.70% | 7,038,483 | 0 | Notapplicable | 0 | |
| WangYulan | Domesticnaturalperson | 0.62% | 6,228,591 | 0 | Notapplicable | 0 | |
| ZhangXiujuan | Domesticnaturalperson | 0.46% | 4,696,600 | 0 | Notapplicable | 0 | |
| HeQiao | Domesticnaturalperson | 0.39% | 3,968,100 | 0 | Notapplicable | 0 | |
| WangJinghua | Domesticnaturalperson | 0.31% | 3,100,000 | 0 | Notapplicable | 0 | |
| WangZhengying | Domesticnaturalperson | 0.29% | 2,961,900 | 0 | Notapplicable | 0 | |
| ZhangTianxue | Domesticnaturalperson | 0.28% | 2,830,283 | 0 | Notapplicable | 0 | |
| Notestoshareholders'relatedrelationshiporpersonsactinginconcert | Amongthetop10shareholdersoftheCompany,ShenzhenState-ownedEquityManagementCo.,Ltd.isawholly-ownedsubsidiaryofShenzhenInvestmentHoldingsCo.,Ltd.TheCompanydoesnotknowwhetherthereexistsassociatedrelationshipamongtheothershareholders,orwhethertheyarepersonsactinginconcertasprescribedintheAdministrativeMeasuresfortheAcquisitionofListedCompanies. | ||||||
| Shareholdersparticipatinginmarginfinancingandsecuritieslendingbusiness(ifany) | Amongthetop10shareholders,theshareholderranked3rdholds6,180,200sharesinacreditsecuritiesaccount,the6thrankedshareholderholds4,600,000sharesinacreditsecuritiesaccount,the7thrankedshareholderholds3,112,986sharesinacreditsecuritiesaccount,andthe9thrankedshareholderholds2,961,900sharesinacreditsecuritiesaccount. | ||||||
Participationofshareholdersholdingmorethan5%oftheshares,thetop10shareholdersandthetop10shareholdersofunrestrictedtradablesharesinrefinancingbusinessandlendingshares
□Applicable√Notapplicable?Changesofthetop10shareholdersandthetop10shareholdersofunrestrictedtradablesharescomparedwiththepreviousperiodduetorefinancinglending/repayment
□Applicable√Notapplicable?
(2)TotalnumberofpreferredshareholdersoftheCompanyandsharesheldbytop10preferredshareholders
□Applicable√Notapplicable?TheCompanyhadnopreferredshareholdersduringthereportingperiod.
(3)Disclosethepropertyrightsandcontrolrelationshipbetweenthecompanyandtheactualownerintheformofablockdiagram
5.Bondsexistingontheapprovaldateoftheannualreport
□Applicable√Notapplicable?
III.Importantmatters
Fordetails,pleaserefertothefulltextoftheCompany's2025AnnualReport.
TheState-ownedAssetsSupervisionandAdministrationCommissionofthePeople’sGovernmentofShenzhenMunicipalShenzhenInvestmentHoldingsCo.,
Ltd.
ShenzhenInvestmentHoldingsCo.,
Ltd.ShenzhenState-ownedEquityOperationManagementCo.,Ltd.
ShenzhenState-ownedEquityOperationManagementCo.,Ltd.ShenzhenSpecialEconomicZoneRealEstate&Properties(Group)Co.,Ltd.