每经AI快讯，10月23日，港股深圳控股涨幅扩大至18%，现价报1.03港元，总市值93亿港元。今年以来 累计涨幅为20.34%。 ...

Group 1 - Shenzhen Holdings (00604) experienced a surge of over 22%, trading at 1.04 HKD with a transaction volume of 66.98 million HKD [1] - On October 22, it was reported that three institutions, including Oak Tree Capital, joined a creditor group holding overseas debt from Road King Infrastructure, with holdings exceeding 600 million USD, representing over 25% of Road King's offshore bonds and perpetual securities [1] - Due to Road King's debt default, Shenzhen Holdings conducted impairment testing on its investment in Road King, confirming an attributable performance and impairment loss totaling 1.806 billion HKD as of June 30, 2025 [1] Group 2 - Shenzhen issued a notice regarding the "Action Plan for Promoting High-Quality Development of Mergers and Acquisitions (2025-2027)", aiming for a total market capitalization of domestic and foreign listed companies to exceed 20 trillion HKD by the end of 2027, and to cultivate 20 enterprises with a market value of over 100 billion HKD [1]

深圳控股(00604)暴涨逾22%，截至发稿，涨20.93%，报1.04港元，成交额6698.49万港元。 据悉，今年8月14日，香港开发商路劲基建发布内幕消息公告，宣布暂停支付所有离岸银行债务、票据 及永续证券的所有到期应付本金及利息。由于路劲的债务违约，深圳控股对于路劲的投资进行减值测 试，并于截至2025年6月30日确认应占业绩及减值亏损合共18.06亿港元。 此外，深圳印发《深圳市推动并购重组高质量发展行动方案(2025—2027年)》的通知。其中提出，力争 到2027年底，境内外上市公司总市值突破20万亿元，培育形成千亿级市值企业20家。 消息面上，10月22日，智通财经从知情人士处获悉，包括橡树资本在内的三家机构加入了一个持有路劲 境外债务的债权人小组(AHG)。据悉，该小组的持有份额超过6亿美元，超过路劲境外债券加永续债的 25%。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年9月30日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 深圳控股有限公司 | | | | 呈交日期: | 2025年10月2日 | | | | I. 法定/註冊股本變動 不適用 | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00604 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 8,898,793,115 | | 0 | | 8,898,793,115 | | 增加 / 減 ...

Core Viewpoint - Changchuan Technology (300604) experienced a significant stock price increase, with a cumulative rise of 44% over two trading days, reaching a new high of 96.32 yuan per share and a market capitalization exceeding 60 billion yuan [1][2]. Stock Performance - On September 23 and 24, Changchuan Technology's stock price surged by 20% on both days, leading to a total increase of 44% [1]. - As of September 24, the stock closed at 96.32 yuan, marking a substantial increase from previous levels [1][2]. - The trading volume on September 24 was 1.24 million shares, with a total transaction value of 11.3 billion yuan [2]. Shareholding Changes - Changchuan Investment, a significant shareholder, announced a plan to reduce its holdings by up to 11.22 million shares, approximately 1.78% of the total share capital [3]. - The reduction was executed through block trades and centralized bidding, with shares sold at an average price of 69 yuan, 80 yuan, and 96.32 yuan on different dates [3]. Financial Performance - The company projected a net profit attributable to shareholders of 827 million to 877 million yuan for the first three quarters of 2025, representing a year-on-year growth of 131.39% to 145.38% [4]. - For the third quarter alone, the expected net profit is between 400 million and 450 million yuan, indicating a year-on-year increase of 180.67% to 215.75% [4]. - The growth in profit is attributed to the increasing market demand in the semiconductor industry, leading to a substantial rise in sales revenue [4].

Dear Non-registered Shareholder (Note 1), Shenzhen Investment Limited (the "Company") – Notification of publication of 2025 Interim Report ("Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at www.shenzheninvestment.com (click "Investors Relations" and then "Annual Reports/Interim Reports" or "Announcement") and the website of The Stock Exchange of Hong Kong Limited at www.hkexnews.hk. You may access th ...

(Incorporated in Hong Kong with limited liability) （Stock Code 股份代號：00604） （於香港註冊成立之有限公司） NOTIFICATION LETTER 通知信函 Dear Shareholder, 25 September 2025 Shenzhen Investment Limited (the "Company") – Notification of publication of 2025 Interim Report ("Current Corporate Communication") The English and Chinese versions of the Company's Current Corporate Communication are available on the Company's website at www.shenzheninvestment.com (the "Website Version") and the website of The Stock Exchange of Hong Kong Li ...

（於香港註冊成立之有限公司） （股份代號：00604） 二零二五年九月二十五日 各位新股東： 選擇公司通訊之語言版本及收取方式 根據香港聯合交易所有限公司證券上市規則及深圳控股有限公司（「本公司」）的組織章程細則，本 公司現向 閣下提供下列選項，以供選擇收取日後本公司之公司通訊（「公司通訊」），此乃包括本公司發 出或將發出以供其任何證券持有人參照或採取行動的任何文件，包括但不限於(a)董事會報告、年度賬目 連同核數師報告及財務摘要報告（如適用）；(b)中期報告及中期摘要報告（如適用）；(c)會議通告；(d)上市 文件；(e)通函；及(f)代表委任表格。 倘本公司於二零二五年十月二十三日或之前尚未收到 閣下已填妥的回條或表示反對收取公司通 訊的網上版本的回覆，及直至 閣下透過股份過戶處向本公司發出合理的事先書面通知（不少於7日）或 以電郵方式發送至shenzhen604-ecom@vistra.com前，則 閣下將被視為已同意收取公司通訊的網上版 本，而本公司日後將向 閣下發送已在本公司網站刊發的公司通訊的通知。 閣下有權隨時向本公司發出合理的事先書面通知（不少於7日）（發送至上述地址的股份過戶處 或以電郵方式 ...

Financial Performance - The company achieved a revenue of HKD 10.35 billion in the first half of 2025, representing a year-on-year increase of 175%[5] - Gross profit reached HKD 1.77 billion, up 63% year-on-year, with a gross margin of 17%, down approximately 12 percentage points compared to the same period last year[5] - The company reported a loss attributable to equity shareholders of HKD 2.62 billion, which, when excluding certain impacts, adjusted to a loss of HKD 490 million[23] - The company reported a mid-term loss of HKD 2,618,042,000 for the six months ended June 30, 2025, compared to a loss of HKD 1,101,144,000 for the same period in 2024, indicating a significant increase in losses[67] - Total comprehensive income for the six months ended June 30, 2025, was HKD (1,786,071,000), down from HKD (1,622,390,000) in 2024, reflecting a decline in overall financial performance[69] - The company reported a net loss before tax of HKD 1,906,874 for the six months ended June 30, 2025, compared to a loss of HKD 945,851 in 2024, reflecting a deterioration in financial performance[113] Revenue Sources - The real estate segment recorded contracted sales of approximately RMB 6.8 billion (about HKD 7.4 billion), a 10% increase year-on-year, despite a 5.5% decline in national new home sales[6] - The company’s property management revenue was approximately HKD 1.59 billion, an 8% increase year-on-year, with a total operational area expanding by 3.11 million square meters[8] - Hotel operations generated revenue of approximately HKD 210 million, a 3% increase year-on-year, with the company managing or operating a total of 8 hotels[9] - The advanced manufacturing segment saw revenue and net profit increase by 27% and 106% respectively year-on-year[10] - Revenue from property sales amounted to HKD 7,463,987 for the six months ended June 30, 2025, compared to HKD 1,017,626 in 2024, indicating a growth of about 634%[112] Asset Management and Investments - The company currently holds over 1.7 million square meters of quality properties, with flagship projects like Bay New Town Water Street and Tai Ran New Era expected to contribute to revenue and profit in the next three years[19] - The company plans to develop a real estate fund management business to optimize asset allocation and investment efficiency, enhancing capital recycling efficiency[20] - The group’s investment properties had a total area of approximately 1.734 million square meters, with a fair value of about HKD 33.5 billion as of June 30, 2025[39] - The company recognized property sales of approximately 292,489 square meters, a significant increase of about 439% year-on-year, generating sales revenue of approximately RMB 6.88 billion (equivalent to about HKD 7.46 billion)[24] Debt and Financial Management - The company successfully restructured HKD 4 billion in syndicated loans, reducing HKD 700 million in Hong Kong dollar liabilities[11] - The company maintained an asset-liability ratio of 68.1% after excluding advance receipts[11] - The group reported a net debt ratio of 73.0% as of June 30, 2025, compared to 66.3% at the end of 2024[49] - The group has sufficient financial resources to meet its debt obligations as they come due[94] - The average effective interest rate for bank and other borrowings is 3.58% for the six months ended June 30, 2025, down from 3.98% for the same period in 2024[151] Operational Strategies - The company will focus on "stabilizing performance" in the second half of the year, aiming to complete all tasks and stabilize core performance amidst intensified market competition[13] - The company plans to accelerate real estate sales and optimize inventory structure through targeted marketing strategies, aiming for a successful launch of five new projects[13] - The company aims to reduce the proportion of development business and expand real estate management scale, enhancing operational service capabilities over the next five years[18] - The company is focusing on optimizing organizational structure to support its transformation strategy and enhance operational efficiency[22] Market and Competitive Environment - The group operates primarily in China and is exposed to significant risks related to political, economic, and legal environments, as well as market competition[87] - The group faces various financial risks, including market risk (currency, interest rate, and price risks), credit risk, and liquidity risk[89] Corporate Governance and Compliance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange rules, with a temporary deviation regarding the separation of the roles of Chairman and CEO[187] - The company has confirmed compliance with the required standards of the code of conduct for securities transactions by directors during the period from January 1, 2025, to June 30, 2025[188] Future Outlook - The company will enhance property management by providing high-quality services tailored to different customer types, aiming to improve rental returns and operational efficiency[19] - The company is committed to building a technology industry investment service capability, focusing on creating specialized technology-themed parks and enhancing operational efficiency through digitalization[21] - The company will actively promote strategic resource landing and urban renewal projects to expand market share and ensure orderly release of existing resources[15]

Market Overview - Real estate stocks experienced a collective surge, with Changchuan Technology (300604) hitting the 20% daily limit for two consecutive days [1] - On September 24, A-shares opened lower but rebounded, with the Sci-Tech 50 index rising nearly 5%, reaching a three-and-a-half-year high [1] - Over 4,000 stocks rose, although trading volume showed a shrinking trend [1] Index Performance - Shanghai Composite Index: 3845.91, up 24.08 points (0.63%) [2] - Shenzhen Component Index: 13265.01, up 145.19 points (1.11%) [2] - Sci-Tech 50 Index: 1476.79, up 69.48 points (4.94%) [2] - Other indices such as the ChiNext Index and CSI 300 also showed positive movements [2] Real Estate Sector - The real estate sector saw significant strength, with the index initially surging over 3% [4] - Deep Zhenye A hit the daily limit shortly after opening, reaching a new high for the year [4] - Various cities have introduced favorable policies for the real estate market, including relaxed purchase restrictions and housing subsidies [6] Semiconductor Equipment Sector - The semiconductor equipment sector experienced a wave of limit-up stocks, with Changchuan Technology and others seeing significant gains [3] - Companies like Zhangjiang Hi-Tech and Hongtian Co. also reached their daily limits, with several others rising over 10% [3] Earnings Growth - Brother Technology expects a net profit of 100 million to 115 million yuan for the first three quarters of 2025, a year-on-year increase of 207.32% to 253.42% [10] - Changchuan Technology anticipates a net profit of 827 million to 877 million yuan for the same period, reflecting a growth of 131.39% to 145.38% [10] - Zhongtai Co. projects a net profit of 325 million to 355 million yuan, marking a year-on-year increase of 71.36% to 87.19% [11]