如在本港投寄毋須貼上郵票。 Freepost No. 簡便回郵號碼：10 GPO Hong Kong 香港 Please cut the mailing label and stick this on the envelope to return this Change Request Form to us. No postage stamp necessary if posted in Hong Kong. 閣下寄回本變更申請表時，請將郵寄標籤剪貼於信封上。 MAILING LABEL 郵寄標籤 Tricor Investor Services Limited 卓佳證券登記有限公司 Change Request Form 變更申請表 To: Shanghai Industrial Urban Development Group Limited (the "Company") 致：上海實業城市開發集團有限公司（「本公司」） (Stock Code: 563) （股份代號：563） (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） ...

(Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） (Stock Code: 563) （股份代號：563） Dear Shareholder(s), 16 April 2025 Shanghai Industrial Urban Development Group Limited (the "Company"):— Notification of Publication of 2024 Annual Report and Circular dated 16 April 2025 together with Notice and Form of Proxy of Annual General Meeting (the "Current Corporate Communications") The Current Corporate Communications of the Company (in English and Chinese) are available on the Company's website at www.s ...

Please cut the mailing label and stick this on the envelope to return this Reply Form to us. MAILING LABEL 郵寄標籤 Tricor Investor Services Limited Reply Form 回條 To: Shanghai Industrial Urban Development Group Limited (the "Company") 致：上海實業城市開發集團有限公司（「本公司」） (Stock Code: 563) （股份代號：563） (Incorporated in Bermuda with limited liability) （於百慕達註冊成立之有限公司） c/o Tricor Investor Services Limited 經卓佳證券登記有限公司 17/F, Far East Finance Centre 香港 16 Harcourt Road 夏慤道16號 Hong Kong 遠東金融中心17樓 I/We would like to receive all future ...

根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」），上海實業城市開發集團有限公司（「本公司」）特此致 函 閣下就本公司日後寄發之公司通訊（「公司通訊」）之收取方式及語言版本作出選擇。根據上市規則第1.01條之定義，公 司通訊指本公司刊發或將予刊發以供 閣下參照或採取行動之任何文件，包括但不限於(a)董事會報告、年度賬目連同核數 師報告副本及（倘適用）財務報告概要；(b)中期報告及（倘適用）中期報告概要；(c)會議通告；(d)上市文件；(e)通函；及(f) 代表委任表格。 閣下可選擇下列其中一種方式： 為響應環保及節省印刷及郵遞費用，本公司建議 閣下選擇收取網上版本。 閣下在作出選擇時，請於隨附之回條上適當空格內劃上「X」號，簽署後使用回條下方之已預付郵費郵寄標籤#寄回本公司之 香港股份過戶登記分處卓佳證券登記有限公司（「股份過戶登記處」），地址為香港夏慤道16號遠東金融中心17樓。 （於百慕達註冊成立之有限公司） （股份代號：563） 各位股東： 致新股東之函件 — 選擇公司通訊之收取方式及語言版本 閣下有權隨時向本公司（經股份過戶登記處或電郵至siud563-ecom@vistra.com ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 「動議： 「動議： – 2 – （於百慕達註冊成立之有限公司） （股份代號：563） 二零二五年股東週年大會通告 茲通告上海實業城市開發集團有限公司（「本公司」）謹訂於二零二五年五月二十二日 （星期四）上午十一時正假座香港灣仔摩理臣山道23號南洋酒店一樓宴會廳舉行股東 週年大會（或其任何續會），藉以處理以下事項： – 1 – 1. 考慮及省覽本公司及其附屬公司截至二零二四年十二月三十一日止年度之經審 核綜合財務報表與本公司董事及核數師報告； 2. (a) 重選周亞棟女士為本公司執行董事； (b) 重選杜惠愷先生， B.B.S.，太平紳士 為本公司獨立非執行董事； (c) 重選范仁達博士為本公司獨立非執行董事； (d) 重選陳浩華博士為本公司獨立非執行董事；及 (e) 授權本公司董事會（「董事會」）釐定本公司董事（「董事」）酬金； 3. 續聘德勤‧關黃陳方會計師行為本公司核數師，並授權董事會釐定核數師酬 ...

此 乃 要 件 請 即 處 理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之持牌證券交易商、銀行經理、 律師、專業會計師或其他專業顧問。 閣下如已將名下上海實業城市開發集團有限公司股份全部售出或轉讓，應立即將本通函及隨附代表 委任表格送交買方或承讓人，或經手買賣或轉讓之銀行、持牌證券交易商或其他代理商，以便轉交買 方或承讓人。 二零二五年四月十六日 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：563） (1)建議授出購回股份 及發行本公司新股份之一般授權； (2)建議擴大發行股份之一般授權； (3)建議重選退任董事； 及 (4)本公司二零二五年股東週年大會通告 上海實業城市開發集團有限公司謹訂於二零二五年五月二十二日（星期四）上午十一時正假座香港灣 仔摩理臣山道23號南洋酒店一樓宴會廳舉行股東週年大會或其任何續會，召開大會之通告載於本通 函第19至22頁。本通函隨附股東週年大會適用之代 ...

務實奮進 環境、社會及管治報告 2024 香港辦公室 地址：香港中環皇后大道中 5 號 電話：+852 2544 8000 傳真：+852 2544 8004 一般查詢：info@siud.com 投資者查詢：ir@siud.com 上海辦公室 地址：上海市徐匯區龍騰大道 2763 號 5 號樓 電話：+86 021 6447 2222 傳真：+86 021 6448 2699 網址：www.siud.com 微博：weibo.com/siud www.siud.com 微信公眾號 | 1 | | | --- | --- | | 關於本報告 | 1 | | 1.1 報告範圍 | 1 | | 1.2 編製基準 | 1 | 2 衡怡大廈 11 樓 7 社會共建， 責任共榮 48 7.1 鄉村振興 共築美好 48 | ESG管治及方針 | 2 | | --- | --- | | 2.1 ESG管治體系 | 3 | | 2.2 董事會聲明 | 4 | | 2.3 ESG風險管理 | 4 | | 2.4 持份者溝通 | 5 | | 2.5 重要性議題管理 | 5 | 3 7.2 善行責任 社會共益 49 | 品質服務， ...

Financial Performance - The total contracted sales for the year reached RMB 3.933 billion, with overall revenue of HKD 12.44 billion[17]. - The pre-tax profit was HKD 215 million, while the loss attributable to shareholders was HKD 331 million, primarily due to a decrease in high-margin project deliveries and impairment losses[17]. - The company's contract sales amount for residential and affordable housing was RMB 3,933,360,000 for the year ended December 31, 2024, a decrease of 52.2% compared to RMB 8,228,570,000 in 2023[34]. - For the fiscal year ending December 31, 2024, the company's revenue increased by 56.4% to HKD 12,440,369,000, compared to HKD 7,953,596,000 in 2023[41]. - Property sales revenue, the main source of income, reached HKD 11,351,331,000, accounting for 91.2% of total revenue, up from 86.4% in the previous year[41]. - The company recorded a gross profit of HKD 2,130,708,000, a decrease of 35.9% year-on-year, with a gross margin of 17.1%, down 24.7 percentage points[44]. - The net loss for the year was HKD 372,828,000, compared to a profit of HKD 490,713,000 in 2023, with a basic loss per share of HKD 0.0693[49]. Market Conditions - The overall property market in China is gradually recovering, supported by government measures such as lowering loan rates and easing purchasing restrictions[18]. - The real estate market in mainland China faced challenges in 2024, with a 10.6% year-on-year decline in real estate development investment and a 17.1% decrease in new residential sales[32]. - The overall economic growth in China for the year was 5%, providing a supportive backdrop for the company's operations[17]. - The central economic work conference emphasized stabilizing the real estate market, with policies expected to support recovery in 2025[59]. Project Development and Strategy - The company has 27 real estate projects across 10 major cities in China, providing approximately 3.32 million square meters of future saleable area[4]. - The company plans to continue focusing on high-quality projects in core cities to ensure steady growth amid market fluctuations[17]. - The company is actively enhancing its operational capabilities and accelerating project development in response to favorable policies in the real estate market[18]. - The company continues to focus on a prudent land acquisition strategy, emphasizing project quality and profitability while exploring urban renewal opportunities[36]. - The company aims to enhance operational cash flow performance by improving sales collection management and optimizing debt structure[23]. - The company plans to focus on cash flow and debt reduction as core indicators to promote stable operations in the face of industry adjustments[23]. Financial Management - The net debt-to-equity ratio was reported at 64.8% at the end of 2024, indicating a stable financial position[11]. - The company's net debt to total equity ratio increased from 58.4% to 64.8% year-on-year, with a current ratio of 1.2 times[50]. - The company repurchased a total of 9,368,000 shares at a total cost of HKD 3,317,670, excluding transaction costs, demonstrating prudent capital management[19]. - The company successfully issued RMB 910 million in 3-year medium-term notes with a coupon rate of 2.45%, enhancing liquidity and reducing financial costs[19]. Awards and Recognition - The company has received multiple industry awards, including rankings in the "2024 Real Estate Development Enterprises Comprehensive Strength TOP 100" and "2024 Real Estate Listed Companies Comprehensive Strength TOP 50"[22]. Corporate Governance and Communication - The company maintains a commitment to high standards of corporate governance, adhering to all provisions of the corporate governance code as of December 31, 2024[186]. - The board of directors is responsible for formulating the overall strategy and monitoring the group's business operations and performance[191]. - The company emphasizes maintaining close communication with investors through regular meetings, conference calls, and shareholder meetings to share development strategies and market insights[171]. - The company aims to enhance communication with domestic investors, particularly in Shanghai and the Greater Bay Area, to convey long-term strategies and operational updates[181]. - The company encourages shareholders to access information through its website and the Stock Exchange's disclosure platform[184]. Employee and Social Responsibility - The group has 745 employees, with compensation policies linked to performance, qualifications, experience, and market comparisons[56]. - The company actively participates in social development initiatives, including poverty alleviation and community support[188].

Core Viewpoint - The annual report of Shanghai Urban Development (00563.HK) highlights its operational resilience and focus on core assets amidst a challenging real estate market, indicating potential investment opportunities despite short-term profit pressures [1][2][17]. Financial Performance - The company achieved a revenue of HKD 12.44 billion, representing a year-on-year increase of 56.4% [3]. - Property sales, the main revenue driver, reached HKD 11.35 billion in 2024, up 65.2% year-on-year, accounting for over 90% of total revenue [4][5]. - Hotel operations saw a slight decline, with revenue at HKD 281.99 million, while property management revenue grew by 28.6% to HKD 13.21 million [8]. Market Position and Strategy - The company’s revenue growth is closely linked to project deliveries in key cities like Shanghai and Xi'an, reflecting a recovery trend in the real estate market [7]. - The company holds 27 projects with a total saleable area of 3.32 million square meters in major cities, ensuring a robust pipeline for the next 3 to 5 years [12]. - The company benefits from a state-owned background, providing financial advantages and a competitive edge in land acquisition [13][14]. Asset Management and Growth Potential - The company employs a dual strategy of rental and sales, enhancing its revenue stability and overall profitability [15]. - Investment properties cover approximately 125.5 thousand square meters, with rental income increasing by 2.7% to HKD 79.4 million, indicating effective management in this sector [15][16]. - The company’s projects in urban renewal and community management are expected to contribute to sustained revenue growth and brand enhancement [19]. Future Outlook - The company’s market valuation reflects pessimistic expectations, with a price-to-book ratio of 0.11, significantly below the industry average, suggesting potential for recovery as market conditions improve [18]. - Government policies aimed at stabilizing the real estate market are anticipated to benefit the company, particularly in high-capacity markets like Shanghai [18]. - The company’s experience in urban renewal projects positions it well to capitalize on ongoing city redevelopment initiatives [19].

委員會成員由董事會從董事會成員中委任，至少須由三名成員組成。 委員會的大部分成員須為本公司獨立非執行董事，而委員會主席須由 董事會主席或本公司獨立非執行董事出任。 SHANGHAI INDUSTRIAL URBAN DEVELOPMENT GROUP LIMITED 上海實業城市開發集團有限公司 提名委員會 : 職權範圍書 ____________________________ 1. 概要 1.1 組織 上海實業城市開發集團有限公司(「本公司」)之董事會(「董事會」)已 於二零一零年八月二十日議決成立提名委員會(「委員會」)。本職權 範圍書規管委員會的運作。 1.2 成員 委員會秘書應由本公司公司秘書擔任。委員會秘書須把每次會議的 內容作記錄及把會議記錄以及委員會的書面決議存檔。委員會須向 隨之舉行的董事會匯報其工作。委員會須向其成員提供每次會議的 記錄,以及委員會採取的任何行動均須獲全體成員一致通過，否則， 該爭議事項須提交董事會討論及審議。 提名委員會: 職權範圍書 (2025年3月21日更新) – 頁 1 (共4頁) 2. 宗旨 委員會主席須由董事會委任。 1.3 運作 委員會將於有需要時舉行會議，惟 ...