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 NotesThis Summary is based on the full Interim Report of ShenZhen Properties & Resources Development (Group) Ltd. (together with itsconsolidated subsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of theCompany’s operating results, financial condition and future development plans, investors should carefully read the aforesaid fullreport, which has been disclosed together with this Summary on the media designated by the China Securities RegulatoryCommission (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 ormisunderstandings 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 stock listing | Shenzhen Stock Exchange | |||
| Contact information | Board Secretary | Securities Representative | ||
| Name | Zhang Gejian | Ding Minghua and Chen Qianying | ||
| Office address | 20/F, International Trade Center, Renmin South Road, Luohu District, Shenzhen, Guangdong Province, P.R.China | 39/F, International Trade Center, Renmin South Road, Luohu District, Shenzhen, Guangdong Province, P.R.China | ||
| 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 □ NoReason for retrospective restatement:
Business combination involving entities under common control.
| H1 2022 | H1 2021 | Change (%) | ||
| 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 exceptional gains and losses (RMB) | 256,650,611.05 | 669,858,491.21 | 669,197,895.76 | -61.65% |
| Net cash generated from/used in operating activities (RMB) | -395,994,231.09 | 1,137,570,780.73 | 1,141,561,301.92 | -134.69% |
| 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% |
| 30 June 2022 | 31 December 2021 | Change (%) | ||
| 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 company’s shareholders (RMB) | 4,137,968,023.07 | 4,486,110,790.39 | 4,583,266,959.57 | -9.72% |
3. Shareholders and Their Holdings as at the End of the Reporting Period
Unit: share
| Number of ordinary shareholders | 50,123 | Number of preferred shareholders with resumed voting rights (if any) | 0 | ||||||
| Top 10 shareholders | |||||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage | Number of shares | Restricted shares | Shares in pledge, marked or frozen | ||||
| Status | Shares | ||||||||
| Shenzhen Investment Holdings Co., Ltd. | State-owned legal person | 50.57% | 301,414,637 | 3,326 | |||||
| Shenzhen State-owned Equity Management Co., Ltd. | Domestic non-state-owned legal person | 6.38% | 38,037,890 | 0 | |||||
| China Orient Asset Management Co., Ltd. | State-owned legal person | 2.77% | 16,491,402 | 0 | |||||
| Industrial and Commercial Bank of China Limited－Southern China Securities Full Index Real Estate Trading Open-ended Index | Other | 0.37% | 2,188,634 | 0 | |||||
| Securities Investment Fund | ||||||
| Duan Shaoteng | Domestic natural person | 0.29% | 1,755,565 | 0 | ||
| Shenzhen Duty-Free Commodity Enterprises Co., Ltd. | Domestic non-state-owned legal person | 0.29% | 1,730,300 | 1,730,300 | ||
| Hong Kong Securities Clearing Company Ltd. | Foreign legal person | 0.27% | 1,583,091 | 0 | ||
| Yang Yaochu | Domestic natural person | 0.26% | 1,520,384 | 0 | ||
| Li Xinyi | Domestic natural person | 0.25% | 1,500,000 | 0 | ||
| Wu Wenkai | Domestic natural person | 0.20% | 1,200,000 | 0 | ||
| Related or acting-in-concert parties among the shareholders above | The largest shareholder, Shenzhen Investment Holdings Co., Ltd., is the controlling shareholder of the Company and Shenzhen State-owned Equity 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 trading (if any) | N/A | |||||
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 rightOn 18 February 2022, the Company and Yangzhou Lvfa Real Estate Co., Ltd., by joint bidding, won the state-owned land useright of No. GZ342 land plot in Pingshan Township, Yangzhou at a price of RMB835,352,910 in the online listing auction of
state-owned construction land use right in Yangzhou. For details, see the Announcement on Winning of the Bid for Land UseRight (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 CompanyThe Company held the Sixth Meeting of the 10th Board of Directors on 21 February 2022, where the Proposal on Appointment ofGeneral Manager of the Company, the Proposal on Appointment of Deputy General Manager and Officer in Charge of Finance ofthe Company and the Proposal on Appointment of Chief Financial Officer of the Company were reviewed and approved, and theBoard 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 incharge of finance of the Company, and Ms. Shen Xueying as chief financial officer of the Company. The term of office of thesenior managers above starts from the date of review and approval at the Sixth Meeting of the 10th Board of Directors and expireson the date of expiration of the term of office of the 10th Board of Directors. For details, see the Announcement on Appointmentof 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 PropertyManagement Co., Ltd., three enterprises owned by Shenzhen Shenfubao (Group) Co., Ltd. and Shenzhen Foreign TradeProperty Management Co., Ltd., and progress of relevant connected transactionsDuring the Reporting Period, all relevant procedures for industrial and commercial change registration were handled and theNotice of Change (for Recordation) approved by Shenzhen Market Supervision Administration was obtained for acquisition byShenzhen 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 ShenfubaoHydropower Municipal Service Co., Ltd., Shenzhen Free Trade Zone Security Service Co., Ltd. and Shenzhen Foreign TradeProperty Management Co., Ltd. For details, see the Announcement on Progress of Acquisition by the Wholly-owned Subsidiary of100% 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 EnterprisesOwned 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 TradeProperty Management Co., Ltd. and Progress of Relevant Connected Transactions (Announcement No.: 2022-06) disclosed by theCompany 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 CompanyDuring 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, asupervisor of the Company, applied for resignation from the position of supervisor and chairman of the Board of Supervisors forreaching the statutory retirement age. The Company held the Congress of Workers and Staff on 29 June 2022, where Mr. ZhangZhimin was elected as staff representative director of the 10th Board of Directors of the Company, whose term of office shallexpire upon expiration of the term of office of the 10th Board of Directors. The Company held the Seventh Meeting and EighthMeeting of the Tenth Board of Supervisors respectively on 4 July 2022 and 20 July 2022, and held the General Meeting ofShareholders on 20 July 2022, where Mr. Ma Hongtao was elected as supervisor and chairman of the Board of Supervisors, whoseterm of office shall expire upon expiration of the term of office of the 10th Board of Supervisors. For details, see theAnnouncement 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 onElection 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.