ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2022 (Summary)
Stock Code: 000011, 200011 Stock Name: PRD, PRD-B Announcement No. 2022-35
SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT
(GROUP) LTD.
INTERIM REPORT 2022 (SUMMARY)
Part I Important Notes
This Summary is based on the full Interim Report of ShenZhen Properties & Resources Development (Group) Ltd. (together with its
consolidated subsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of the
Company’s operating results, financial condition and future development plans, investors should carefully read the aforesaid full
report, which has been disclosed together with this Summary on the media designated by the China Securities Regulatory
Commission (the “CSRC”).
All the Company’s directors have attended the Board meeting for the review of this Report and its summary.
Independent auditor’s modified opinion:
□ Applicable Not applicable
Board-approved interim cash and/or stock dividend plan for ordinary shareholders:
□ Applicable Not applicable
The Company has no interim dividend plan, either in the form of cash or stock.
Board-approved interim cash and/or stock dividend plan for preferred shareholders:
□ Applicable Not applicable
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.
Part II Key Corporate Information
1. Stock Profile
Stock name PRD, PRD-B Stock code 000011, 200011
Stock exchange for
Shenzhen Stock Exchange
stock listing
Contact information Board Secretary Securities Representative
Name Zhang Gejian Ding Minghua and Chen Qianying
20/F, International Trade Center, Renmin South 39/F, International Trade Center, Renmin South
Office address Road, Luohu District, Shenzhen, Guangdong Road, Luohu District, Shenzhen, Guangdong
Province, P.R.China Province, P.R.China
1
ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2022 (Summary)
Tel. 0755-82211020 0755-82211020
E-mail address 000011touzizhe@szwuye.com.cn 000011touzizhe@szwuye.com.cn
2. Key Financial Information
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
Yes □ No
Reason for retrospective restatement:
Business combination involving entities under common control.
H1 2021 Change (%)
H1 2022
Before Restated Restated
Operating revenue (RMB) 1,988,299,840.24 2,540,865,139.25 2,706,785,638.30 -26.54%
Net profit attributable to the listed
company’s shareholders (RMB) 250,802,157.71 676,375,523.75 677,467,066.42 -62.98%
Net profit attributable to the listed
company’s shareholders before 256,650,611.05 669,858,491.21 669,197,895.76 -61.65%
exceptional gains and losses (RMB)
Net cash generated from/used in
-395,994,231.09 1,137,570,780.73 1,141,561,301.92 -134.69%
operating activities (RMB)
Basic earnings per share (RMB/share) 0.4208 1.1349 1.1367 -62.98%
Diluted earnings per share (RMB/share) 0.4208 1.1349 1.1367 -62.98%
Weighted average return on equity (%) 5.40% 16.98% 16.50% -11.10%
31 December 2021 Change (%)
30 June 2022
Before Restated Restated
Total assets (RMB) 15,166,310,790.81 14,581,897,151.76 14,828,989,745.60 2.27%
Equity attributable to the listed
4,137,968,023.07 4,486,110,790.39 4,583,266,959.57 -9.72%
company’s shareholders (RMB)
3. Shareholders and Their Holdings as at the End of the Reporting Period
Unit: share
Number of ordinary Number of preferred shareholders with resumed
shareholders 50,123 voting rights (if any) 0
Top 10 shareholders
Shares in pledge,
Shareholdin
Nature of Number of marked or frozen
Name of shareholder g Restricted shares
shareholder shares Shar
percentage Status
es
Shenzhen Investment State-owned legal
Holdings Co., Ltd. person 50.57% 301,414,637 3,326
Shenzhen State-
Domestic non-
owned Equity
state-owned legal 6.38% 38,037,890 0
Management Co.,
person
Ltd.
China Orient Asset
State-owned legal
Management Co., 2.77% 16,491,402 0
person
Ltd.
Industrial and
Commercial Bank of
China Limited－ Other 0.37% 2,188,634 0
Southern China
Securities Full Index
Real Estate Trading
Open-ended Index
2
ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2022 (Summary)
Securities Investment
Fund
Domestic natural
Duan Shaoteng 0.29% 1,755,565 0
person
Shenzhen Duty-Free Domestic non-
Commodity state-owned legal 0.29% 1,730,300 1,730,300
Enterprises Co., Ltd. person
Hong Kong
Foreign legal
Securities Clearing 0.27% 1,583,091 0
person
Company Ltd.
Domestic natural
Yang Yaochu 0.26% 1,520,384 0
person
Domestic natural
Li Xinyi 0.25% 1,500,000 0
person
Domestic natural
Wu Wenkai 0.20% 1,200,000 0
person
The largest shareholder, Shenzhen Investment Holdings Co., Ltd., is the
Related or acting-in-concert parties among controlling shareholder of the Company and Shenzhen State-owned Equity
the shareholders above Management Co., Ltd. And the Company does not know whether there are related
parties or acting-in-concert parties among the other shareholders.
Shareholders involved in securities margin
N/A
trading (if any)
4. Change of the Controlling Shareholder or the Actual Controller in the Reporting Period
Change of the controlling shareholder in the Reporting Period:
□ Applicable Not applicable
The controlling shareholder remained the same in the Reporting Period.
Change of the actual controller in the Reporting Period:
□ Applicable Not applicable
The actual controller remained the same in the Reporting Period.
5. Number of Preferred Shareholders and Shareholdings of Top 10 of Them
□ Applicable Not applicable
No preferred shareholders in the Reporting Period.
6. Outstanding Bonds at the Date when this Report Was Authorized for Issue
□ Applicable Not applicable
Part III Significant Events
Applicable Not applicable
(I) Matters on winning of the bid for land use right
On 18 February 2022, the Company and Yangzhou Lvfa Real Estate Co., Ltd., by joint bidding, won the state-owned land use
right of No. GZ342 land plot in Pingshan Township, Yangzhou at a price of RMB835,352,910 in the online listing auction of
3
ShenZhen Properties & Resources Development (Group) Ltd. Interim Report 2022 (Summary)
state-owned construction land use right in Yangzhou. For details, see the Announcement on Winning of the Bid for Land Use
Right (Announcement No.: 2022-02) disclosed by the Company on Cninfo (www.cninfo.com.cn) on 19 February 2022.
(II) Matters on appointment of senior managers of the Company
The Company held the Sixth Meeting of the 10th Board of Directors on 21 February 2022, where the Proposal on Appointment of
General Manager of the Company, the Proposal on Appointment of Deputy General Manager and Officer in Charge of Finance of
the Company and the Proposal on Appointment of Chief Financial Officer of the Company were reviewed and approved, and the
Board of Directors agreed to appoint Mr. Wang Hangjun as general manager of the Company, Mr. Chen Hongji, Ms. Cai Lili, Mr.
Li Peng and Mr. Zhang Gejian as deputy general managers of the Company, with Ms. Cai Lili concurrently serving as officer in
charge of finance of the Company, and Ms. Shen Xueying as chief financial officer of the Company. The term of office of the
senior managers above starts from the date of review and approval at the Sixth Meeting of the 10th Board of Directors and expires
on the date of expiration of the term of office of the 10th Board of Directors. For details, see the Announcement on Appointment
of Senior Managers of the Company (Announcement No.: 2022-04) disclosed by the Company on Cninfo (www.cninfo.com.cn)
on 22 February 2022.
(III) Matters on progress of acquisition by the wholly-owned subsidiary of 100% equity in Shenzhen Property
Management Co., Ltd., three enterprises owned by Shenzhen Shenfubao (Group) Co., Ltd. and Shenzhen Foreign Trade
Property Management Co., Ltd., and progress of relevant connected transactions
During the Reporting Period, all relevant procedures for industrial and commercial change registration were handled and the
Notice of Change (for Recordation) approved by Shenzhen Market Supervision Administration was obtained for acquisition by
Shenzhen International Trade Center Property Management Co., Ltd. (a wholly-owned subsidiary of the Company) of 100%
equity in Shenzhen Property Management Co., Ltd., Shenzhen Shenfubao Property Development Co., Ltd., Shenzhen Shenfubao
Hydropower Municipal Service Co., Ltd., Shenzhen Free Trade Zone Security Service Co., Ltd. and Shenzhen Foreign Trade
Property Management Co., Ltd. For details, see the Announcement on Progress of Acquisition by the Wholly-owned Subsidiary of
100% Equity in Shenzhen Property Management Co., Ltd. and Progress of Relevant Connected Transactions (Announcement No.:
2022-01), Announcement on Progress of Acquisition by the Wholly-owned Subsidiary of 100% Equity in Three Enterprises
Owned by Shenzhen Shenfubao (Group) Co., Ltd. and Progress of Relevant Connected Transactions (Announcement No.: 2022-
05) and Announcement on Progress of Acquisition by the Wholly-owned Subsidiary of 100% Equity in Shenzhen Foreign Trade
Property Management Co., Ltd. and Progress of Relevant Connected Transactions (Announcement No.: 2022-06) disclosed by the
Company on Cninfo (www.cninfo.com.cn) respectively on 15 February 2022 and 25 February 2022.
(IV) Matters on changes of directors and supervisors of the Company
During the Reporting Period, Mr. Wei Xiaodong, a director of the Company, applied for resignation from the position of non-
independent director and staff representative director of the 10th Board of Directors for reason of job transfer; Mr. Dai Xianhua, a
supervisor of the Company, applied for resignation from the position of supervisor and chairman of the Board of Supervisors for
reaching the statutory retirement age. The Company held the Congress of Workers and Staff on 29 June 2022, where Mr. Zhang
Zhimin was elected as staff representative director of the 10th Board of Directors of the Company, whose term of office shall
expire upon expiration of the term of office of the 10th Board of Directors. The Company held the Seventh Meeting and Eighth
Meeting of the Tenth Board of Supervisors respectively on 4 July 2022 and 20 July 2022, and held the General Meeting of
Shareholders on 20 July 2022, where Mr. Ma Hongtao was elected as supervisor and chairman of the Board of Supervisors, whose
term of office shall expire upon expiration of the term of office of the 10th Board of Supervisors. For details, see the
Announcement on Resignation of Directors and Election of Staff Representative Director (Announcement No.: 2022-20),
Announcement on Proposed Change of Supervisors of the Company (Announcement No.: 2022-29) and Announcement on
Election of Chairman of the Board of Supervisors (Announcement No.: 2022-33) disclosed by the Company on Cninfo
(www.cninfo.com.cn) respectively on 30 June 2022, 5 July 2022 and 21 July 2022.
4
