深深房Ｂ:2025年第一季度报告(英文)

Stock Code: 000029, 200029 Stock Name: SPG, SPG-B Announcement No.: 2025-011
SHENZHEN SPECIALECONOMIC ZONE REALESTATE
& PROPERTIES (GROUP) CO., LTD.
FIRST QUARTERLY REPORT 2025
Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. (hereinafter referred to as the “Company”) and all
the members of the Company’s Board of Directors hereby guarantee that the contents of this Report are true, accurate and
complete and free of any misrepresentations, misleading statements or material omissions.
Important Notes:
1. The Board of Directors, the Supervisory Committee as well as the directors, supervisors and senior management of the
Company hereby guarantee that the contents of this Report are true, accurate and complete and free of any misrepresentations,
misleading statements or material omissions, and collectively and individually accept legal responsibility for such contents.
2. The Company’s legal representative, Chief Financial Officer, and head of the Company’s financial department (equivalent to
financial manager) hereby guarantee that the financial statements carried in this Report are true, accurate and complete.
3. Indicate whether the financial statements in this Report have been audited by an independent auditor.
□Yes No
This Report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the
two versions, the Chinese version shall prevail.
I Key Financial Information
(I) KeyAccounting Data and Financial Indicators
Indicate whether there is any retrospectively restated datum in the table below.
□Yes No
Q1 2025 Q1 2024 YoY change (%)
Operating revenue (RMB) 330,053,200.67 59,214,773.99 457.38%
Net profit attributable to the listed 72,421,123.75 1,896,582.37 3,718.51%
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before 68,102,809.31 -3,975,227.45 1,813.18%
exceptional gains and losses (RMB)
Net cash generated from/used in -18,784,578.27 -90,276,362.78 79.19%
operating activities (RMB)
Basic earnings per share (RMB/share) 0.0716 0.0019 3,668.42%
Diluted earnings per share (RMB/share) 0.0716 0.0019 3,668.42%
Weighted average return on equity (%) 1.94% 0.05% 1.89%
31 March 2025 31 December 2024 Change (%)
Total assets (RMB) 5,700,562,236.77 5,987,780,656.67 -4.80%
Equity attributable to the listed 3,586,958,453.57 3,512,112,493.42 2.13%
company’s shareholders (RMB)
(II) Exceptional Gains and Losses
Applicable □ Not applicable
Unit: RMB
Item Q1 2025 Note
Government grants recognized in profit or loss
(exclusive of those that are closely related to the
Company's normal business operations and given in 33,652.46 Government grants received
accordance with defined criteria and in compliance with
government policies, and have a continuing impact on
the Company's profit or loss)
Gains and losses on investment or asset management Gains on changes in fair value and
entrustments to other entities 4,279,979.77 investment income arising from
investing monetary funds
Non-operating income and expense other than the above 18,930.44
Less: Income tax effects 13,145.73
Non-controlling interests effects (net of tax) 1,102.50
Total 4,318,314.44 --
Other items that meet the definition of exceptional gain/loss:
□Applicable Not applicable
No such cases in the Reporting Period.
Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item listed in the Explanatory Announcement
No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Gain/Loss Items:
□Applicable Not applicable
No such cases in the Reporting Period.
(III) Changes in Key Financial Statement Line Items and Explanation of why
Applicable □ Not applicable

During Q1 2025, operating revenue rose 457.38% YoY, n