SHENZHEN INVEST (00604) announced key operational updates for Q3 2025. In property development, the group recorded unaudited contracted sales of approximately RMB3.03 billion during the quarter, with sales area reaching 128,700 sqm. Projects including Shenzhen Shenye Cloud Residence, Shanshui East City, and Huizhou Banshan Mingyuan led their respective submarkets during the National Day holiday period.

For the first nine months of 2025, the group’s unaudited total contracted sales rose 24.0% YoY to RMB9.84 billion, while sales area increased 36.3% YoY to 428,200 sqm. The average selling price stood at RMB22,973 per sqm. Key projects such as Shenzhen Shenye Cloud Bay, Shenye Yiyue Mansion, and Chengdu Shenye East Mansion were successfully delivered in Q3.

The group enhanced its commercial competitiveness through ongoing property upgrades and format innovation. Shenye UpperHills Mall initiated renovations in its cinema zone, with plans to launch "The Gardens"—a new concept integrating global cuisine and premium cinema—in early 2026. This upgrade aims to diversify F&B offerings and elevate the mall’s overall value.

In urban operations, Shenye’s capabilities gained recognition, winning titles including "2025 China Leading Property Service Brand" and "2025 China Industrial Property Service Excellence Brand." Shenye UpperHills achieved synergies across its mall, office towers, and hotel operations. The introduction of Shenzhen’s first downtown duty-free store, coupled with innovative "duty-free + tax-refund + taxable" retail models and tech-driven experiences, differentiated its positioning. The upgraded office towers attracted 13 Fortune 500 tenants and were designated as a "Foreign Business Service Hub." The Mandarin Oriental Shenzhen’s Mo Bar debuted in "Asia’s 50 Best Bars," while the hotel earned one Michelin Key in the "2025 Global Michelin Key Hotels" list.

Expansion accelerated as Shenye Commercial Management secured the Huafu Village project, marking the debut of its community retail line "Shenye Collection." The Huangmugang Metro Hub commercial project is set to open in Q4. Shenye Operations expanded into public facility services, winning contracts for Longhua District Court and government complexes, while venturing into specialized landscaping services.

In tech investments, subsidiary Jinghua advanced major client collaborations and improved manufacturing management. The agriculture segment saw a 160% YoY surge in sales, driven by supply chain trade for livestock. The Dapeng·Four Seasons Coastal Farm received 60,000 visitors and was named a "Shenzhen Child-Friendly Destination."

Moving forward, SHENZHEN INVEST will accelerate its shift toward urban asset management, comprehensive operations, and tech investment services to sustain high-quality growth.