Stock Code: 000011, 200011 Stock Name: PRD, PRD-B Announcement No. 2023-15
SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT
(GROUP) LTD.INTERIM REPORT 2023 (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 | |||
| Previously used stock names (if any) | N/A | |||
| 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 ? No
| H1 2023 | H1 2022 | Change (%) | |
| Operating revenue (RMB) | 1,905,464,632.85 | 1,988,299,840.24 | -4.17% |
| Net profit attributable to the listed company’s shareholders (RMB) | 220,903,444.63 | 250,802,157.71 | -11.92% |
| Net profit attributable to the listed company’s shareholders before exceptional gains and losses (RMB) | 220,844,711.14 | 256,650,611.05 | -13.95% |
| Net cash generated from/used in operating activities (RMB) | -580,021,658.15 | -395,994,231.09 | -46.47% |
| Basic earnings per share (RMB/share) | 0.3707 | 0.4208 | -11.91% |
| Diluted earnings per share (RMB/share) | 0.3707 | 0.4208 | -11.91% |
| Weighted average return on equity (%) | 4.92% | 5.40% | -0.48% |
| 30 June 2023 | 31 December 2022 | Change (%) | |
| Total assets (RMB) | 15,499,537,209.75 | 15,800,287,610.40 | -1.90% |
| Equity attributable to the listed company’s shareholders (RMB) | 4,418,069,737.97 | 4,412,555,547.97 | 0.12% |
3. Shareholders and Their Holdings as at the End of the Reporting Period
Unit: share
| Number of ordinary shareholders | 43,195 | 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 | |||
| Wang Zhong | Domestic natural person | 0.32% | 1,878,100 | 0 | |||
| 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 | ||
| Industrial and Commercial Bank of China Limited－Southern China Securities Full Index Real Estate Trading Open-ended Index Securities Investment Fund | Other | 0.29% | 1,728,434 | 0 | ||
| Yang Yaochu | Domestic natural person | 0.28% | 1,640,984 | 0 | ||
| Li Xinyi | Domestic natural person | 0.25% | 1,500,000 | 0 | ||
| Hong Kong Securities Clearing Company Ltd. | Foreign legal person | 0.23% | 1,369,074 | 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 PeriodChange 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 applicableSignificant arbitration event of subsidiary: During the Reporting Period, Shenzhen International Arbitration Court formallyaccepted the case of civil loan dispute between the Company’s subsidiary Shenzhen Rongyao Real Estate Development Co., Ltd.and Shenzhen Xinhai Rongyao Real Estate Development Co., Ltd., etc. which involves a provisional total amount ofRMB722,182,200. As of the disclosure date of this report, the case has not yet come to trial. The influence of this arbitrationmatter on the Company’s profit for the current period or profit after the period is still uncertain, and the final actual impact shall besubject to the decision of the Arbitration Court. The Company will carry out the corresponding accounting treatment based on theprocess and results of the case and in accordance with the requirements of relevant accounting standard as well as the actualsituation and fulfil its information disclosure obligation in a timely manner. See the Announcement on Significant ArbitrationEvent of Subsidiary (Announcement No.: 2023-13) disclosed by the Company on Cninfo dated 9 June 2023 for details.