SHENZHEN SPECIALECONOMICZONE REALESTATE &
PROPERTIES(GROUP)CO.,LTD.
ANNUALREPORT2022
2023-010
【March2023】
PartI ImportantNotes,Tableof ContentsandDefinitions
The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,
supervisors and senior management of ShenZhen Special Economic Zone Real Estate &
Properties (Group) Co., Ltd. (hereinafter referred to as the “Company”) hereby guarantee the
factuality, accuracy and completeness of the contents of this Report and its summary, andshall be
jointly and severally liable for any misrepresentations, misleading statements or material
omissions therein.
Tang Xiaoping, the Company’s General Manager, Wang Jianfei, the Company’s Chief Financial
Officer, and Qiao Yanjun, 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 attendedthe Board meeting for the review of this Report and its
summary.
Certain descriptions about the Company’s operating plans or work arrangements for the future
mentioned in this Report and its summary, the implementation of which is subject to various
factors, shall NOT be considered as promises to investors. Therefore, investors are reminded to
exercise caution when making investment decisions.
The Board has approved a final dividend plan as follows: based on the total share capital of
1,011,660,000 shares, a cash dividend of RMB0.61 (tax inclusive) per 10 shares is to be distributed
to the shareholders, with no bonus issue from eitherprofit or capital reserves.
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 Discussionand Analysis......10
Part IV Corporate Governance......30
Part V Environmental andSocial Responsibility......47
Part VI Significant Events ......48
Part VII Share Changes andShareholder Information......56
Part VIII Preference Shares......62
Part IXBonds......63
Part X Financial Statements......64
DocumentsAvailableforReference
1. The financial statements with the personal signatures and stamps of the Company’s general manager,
Chief Financial Officer and head of the financial department;
2. The original of the Auditor’s Report with the stamp of the CPA firm, as well as the personal
signatures and stamps of the CPAs; and
3. The originals of all the documents and announcements disclosed bythe CompanyonSecurities Times,
China Securities Journal and Ta Kung Pao during the Reporting Period.
Definitions
Term Definition
“Shenzhen SASAC” or the “Municipal SASAC” The State-owned Assets Supervision and Administration Commission of the
People’s Government of Shenzhen Municipal
SIHC Shenzhen Investment Holdings Co., Ltd.
The “Company”, the “Group”, “SPG” or “we” ShenZhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. and
its consolidated subsidiaries, except where the context otherwise requires
Shenzhen Property Management Shenzhen Property Management Co., Ltd.
PetrelHotel Shenzhen PetrelHotel Co., Ltd.
Zhentong Engineering Shenzhen Zhentong Engineering Co., Ltd.
Huazhan Construction Supervision Shenzhen Huazhan Construction Supervision Co., Ltd.
Jianbang Group Guangdong Jianbang Group (Huiyang) Industrial Co., Ltd.
Chuanqi RealEstate Development Shenzhen SPG Chuanqi RealEstate Development Co., Ltd.
PartII CorporateInformationandKey FinancialInformation
I Corporate Information
Stock name SPG, SPG-B Stock code 000029, 200029
Stock exchange for stock Shenzhen Stock Exchange
listing
Company name in Chinese 深圳经济特区房地产(集团)股份有限公司
Abbr. 深房集团
Company name in Englis h (if ShenZhen Special Economic Zone RealEstate & Properties (Group) Co., Ltd.
any)
Abbr. (if any) SPG
Legal representative Liu Zhengyu
Registered address 45/F-48/F, SPG Plaza, Renmin South Road, Luohu District, Shenzhen, Guangdong, P.R.China
Zip code 518001
Changes of the registered N/A
address
Office address 47/F, SPG Plaza, Renmin South Road, Luohu District, Shenzhen, Guangdong, P.R.China
Zip code