SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT (GROUP) LTD.
INTERIM REPORT 2022
(Announcement No. 2022-36)
August 2022
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 Liu Qiang, 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 is subject to the Guideline No. 3 of the Shenzhen Stock Exchange on
Information Disclosure by Industry—for Listed Companies Engaging in Real Estate.
The Company has described in detail in this Report the possible risks facing it, along with
countermeasures. Please refer to “X Risks Facing the Company and Countermeasures” in
“Part III Management Discussion andAnalysis” of this Report.
The Company has no interim dividend plan, either in the form of cash or stock.
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.
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......9
Part IV Corporate Governance......29
Part V Environmental and Social Responsibility......31
Part VI Significant Events......34
Part VII Share Changes and Shareholder Information......45
Part VIII Preferred Shares......49
Part IX Bonds......50
Part X Financial Statements......51
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; and
II. The originals of all the Company’s documents and announcements disclosed to the public via
newspapers designated by the CSRC 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.
Urban Renewal Company 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 Security Service Co., Ltd.
FMC Shenzhen Facility Management Community Technology Co., Ltd.
Dongguan Wuhe