Financial Performance - The company's operating revenue for 2024 reached ¥6,064,948,157.84, representing a 115.79% increase compared to ¥2,810,603,447.85 in 2023[15]. - The net profit attributable to shareholders for 2024 was -¥1,568,365,378.32, a decrease of 95.40% from -¥802,652,783.79 in 2023[15]. - The net cash flow from operating activities significantly improved to ¥1,114,966,173.23, up 1432.32% from ¥72,763,171.55 in the previous year[15]. - Total assets at the end of 2024 were ¥17,226,824,619.46, down 33.54% from ¥25,919,169,551.13 at the end of 2023[15]. - The net assets attributable to shareholders decreased by 22.49% to ¥5,403,775,698.78 from ¥6,972,141,077.10 in 2023[15]. - The basic earnings per share for 2024 was -¥1.1618, a decline of 95.39% compared to -¥0.5946 in 2023[15]. - The company reported a significant increase in revenue from its core business, indicating potential market expansion strategies[15]. - The company’s gross profit margin decreased to 8.01% in 2024 from the previous year, with a significant increase in operating costs by 226.01%[50]. - The company’s inventory decreased by 36.72% to approximately ¥10.78 billion, primarily due to increased turnover and inventory impairment provisions[51]. - The company’s operations in Jiangsu Province generated ¥4.24 billion, making up 69.89% of total revenue, marking a significant growth from the previous year[48]. Investment and Projects - The company successfully completed a contract signing amount of CNY 4.234 billion, exceeding the annual target and recovering CNY 3.436 billion in funds[28]. - The company has a total of 11 ongoing and newly completed projects as of December 31, 2024, with a cumulative investment of approximately 1.1 billion yuan[35]. - The project "博文雅苑" in Shenzhen has a completion progress of 69% and an expected total investment of 862.87 million yuan[35]. - The project "天境云庭" in Shenzhen is currently 35% completed with an expected total investment of 1.78 billion yuan[35]. - The project "振业城五期" in Changsha has an 80% equity stake and is 35% completed, with an expected total investment of 736.98 million yuan[35]. - The company has ongoing projects with significant investments, such as the "Tianjing Cloud Garden" project, which has a cumulative investment of approximately 1.19 billion[76]. - The company completed several projects, including the "Deep Shantou Cooperation Zone" project, which generated revenues of approximately ¥2.06 billion[76]. Financing and Debt Management - The company successfully issued CNY 500 million of medium-term notes at a 3% coupon rate, optimizing its debt structure[32]. - The financing balance at the end of the period was ¥48.99 billion, with an average financing cost ranging from 2.41% to 5.23%[41]. - The company’s net cash flow from financing activities was negative at -¥1,900,048,045.71, a 62.51% increase in outflow compared to the previous year[63]. - The company issued two tranches of corporate bonds totaling ¥1.5 billion with interest rates of 3.30% and 3.45%, fully utilized for repaying bank loans and supplementing working capital[79]. Risk Management and Future Outlook - The company has acknowledged uncertainties regarding its ability to continue as a going concern due to negative net profits in recent years[15]. - The company is focusing on risk management and has outlined potential risks and countermeasures in its future development outlook[5]. - The company anticipates a recovery in the real estate market in 2025, supported by proactive fiscal policies and moderate monetary easing, aiming for improved supply-demand dynamics[86]. - The company faces significant market risks, with overall sales performance in the real estate sector still declining, particularly in cities undergoing deep adjustments[86]. - In 2025, the company plans to focus on transformation and upgrading, aiming for high-quality sustainable development while addressing existing challenges[87]. Corporate Governance and Management - The company appointed Du Xun as the secretary of the board and Ye Wenfeng as the vice president, enhancing the core management team[98]. - The company’s board of directors is now composed of individuals with diverse expertise, which is expected to contribute positively to its future growth[110]. - The company is focused on expanding its market presence and enhancing its governance structure through the appointment of new independent directors[112]. - The company is committed to maintaining transparency and effective communication with stakeholders during the transition period[105]. - The company has established a comprehensive insider information management system to ensure strict compliance with disclosure regulations[99]. Employee and Remuneration Policies - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to 634.48 million RMB[123]. - The company has established a compensation mechanism linked to performance evaluation, with a structure that includes position salary, incentive pay, allowances, and benefits[137]. - The company’s management remuneration is directly linked to the company's operational performance, with evaluations based on annual assessments[121]. - The company has a diverse management team with extensive experience in various sectors, including engineering and finance[119][120]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,314, down from 74,404 at the end of the previous month[187]. - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holds 21.93% of shares, totaling 296,031,373 shares[187]. - The total number of shares outstanding is 1,349,995,046, with 99.9994% being unrestricted shares[185]. - The company has not experienced any changes in its controlling shareholder during the reporting period[190]. Compliance and Internal Controls - The company has a robust internal control system that is effective and has no major deficiencies reported during the period[143]. - The internal control audit report confirms that the company maintained effective financial reporting internal controls as of December 31, 2024, with a standard unqualified opinion issued[147]. - The company has committed to enhancing the management of undisclosed information and has been fulfilling this commitment since October 31, 2007[155]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[156].

Financial Performance - The company's operating revenue for the first quarter reached ¥1,618,061,918.99, an increase of 540.28% compared to ¥252,712,272.21 in the same period last year[6] - The net profit attributable to shareholders of the listed company was a loss of ¥25,936,023.31, a slight improvement of 2.49% from a loss of ¥26,597,661.42 in the previous year[6] - The net cash flow from operating activities was ¥1,676,924.83, a significant increase of 100.53% compared to a negative cash flow of ¥318,566,556.10 in the same period last year[6] - The basic and diluted earnings per share were both -¥0.0192, showing a slight improvement of 2.48% from -¥0.0197 in the same period last year[6] - The net profit for the current period is -24,142,822.24, compared to -28,808,403.49 in the previous period, showing an improvement[18] - The total operating profit (loss) is -25,358,502.12, an improvement from -27,081,101.13 in the previous period[18] - The total comprehensive income attributable to the parent company is -25,936,023.31, compared to -26,597,661.42 in the previous period[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥15,433,975,941.67, reflecting a decrease of 10.41% from the previous year's end[6] - Total assets decreased to ¥15,433,975,941.67 from ¥17,226,824,619.46, a decline of approximately 10.4%[15] - Total liabilities decreased to ¥9,767,383,013.35 from ¥11,536,088,868.90, reflecting a decrease of about 15.3%[15] - The company's non-current assets totaled ¥1,910,907,034.11, down from ¥1,944,738,874.02, a decrease of approximately 1.7%[14] - The total equity attributable to shareholders decreased to ¥5,377,839,675.47 from ¥5,403,775,698.78, a decline of about 0.5%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 74,404[10] - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holds 21.93% of the shares[10] Operating Costs and Revenue - Total operating costs amounted to ¥1,473,375,661.62, compared to ¥284,423,756.27 in the prior period, indicating a rise of about 418.5%[17] - The company attributed the significant increase in operating revenue to a higher volume of projects recognized during the period[11] - The company reported a net profit margin improvement, with operating costs as a percentage of revenue decreasing significantly compared to the previous period[17] - The total revenue from operating activities is 738,988,293.62, slightly up from 726,673,493.16 in the previous period[20] - The company has a significant increase in cash received from sales of goods and services, totaling 522,683,399.35, compared to 462,616,215.60 in the previous period[20] Cash Flow and Financing Activities - The company's cash and cash equivalents decreased to ¥2,640,408,412.08 from ¥2,939,758,368.79, a decline of approximately 10.2%[14] - The cash flow from operating activities is 1,676,924.83, a significant recovery from -318,566,556.10 in the previous period[20] - The cash and cash equivalents at the end of the period amount to 2,448,504,336.66, down from 3,187,155,587.43 at the end of the previous period[21] - The company reported a net cash outflow from financing activities of -169,744,188.09, compared to -4,077,397.13 in the previous period[21] Interest Expenses - The company incurred interest expenses of 39,928,156.84, while interest income was only 4,628,057.69, resulting in a net interest expense[18] Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue growth[17]

A股窄幅震荡，三大股指小幅低收：两市成交11543 亿元 A股三大股指3月26日集体低开。盘初冲高后，两市早盘高位震荡。午后两市继续窄幅震荡，尾盘走低 三大股指小幅低收。 从盘面上看，银行、电力跌幅靠前，深海科技、锂电池概念股回调；机器人、光伏题材反弹明显，养 殖、化纤、地产行业涨幅居前。 至收盘，上证综指跌0.04%，报3368.7点；科创50指数跌0.26%，报1029.05点；深证成指跌0.05%，报 10643.82点；创业板指跌0.26%，报2139.9点。 Wind统计显示，两市及北交所共3544只股票上涨，1667只股票下跌，平盘有185只股票。 沪深两市成交总额11543亿元，较前一交易日的12582亿元减少1039亿元。其中，沪市成交4852亿元，比 上一交易日5164亿元减少312亿元，深市成交6691亿元。 两市及北交所共有103只股票涨幅在9%以上，10只股票跌幅在9%以上。 在板块方面，汽车板块午后走高，万通智控（300643）、美力科技（300611）、联明股份（603006）、 东风科技（600081）、南方精工（002553）、光洋股份（002708）、隆基机械（002363） ...

股票代码：000006.SZ 债券简称：深振业A 债券代码：148280.SZ 债券简称：23振业01 债券代码：148395.SZ 债券简称：23振业02 招商证券股份有限公司 关于深圳市振业(集团)股份有限公司 2025年第一次临时受托管理事务报告 债券受托管理人：招商证券股份有限公司 住所：深圳市福田区福田街道福华一路 111 号 二〇二五年一月 重要声明 本报告依据《公司债券发行与交易管理办法》、《公司债券受托管理人执业行 为准则》、本次债券《募集说明书》、《受托管理协议》等相关规定、重大事项相 关公开信息、深圳市振业(集团)股份有限公司（以下简称"公司"、"发行人"）信息披 露文件及发行人出具的相关说明和提供的相关资料等，由本次公司债券的受托管理 人招商证券股份有限公司（以下简称"招商证券"、"受托管理人"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关事 宜做出独立判断，而不应将本报告中的任何内容据以作为招商证券所做承诺或声明。 请投资者独立征询专业机构意见，在任何情况下，投资者不能将本报告作为投资行 为依据。 2 招商证券股份有限公司作为深圳市振业(集团)股份有限公司 ...

Financial Performance Outlook - The company expects a net profit loss for the year 2024, estimated between CNY 130 million and CNY 165 million, a decline of 61.96% compared to the previous year's loss of CNY 80.27 million[5]. - The net profit after deducting non-recurring gains and losses is also projected to be a loss between CNY 130 million and CNY 165 million, down 61.44% from last year's loss of CNY 80.52 million[5]. - Basic earnings per share are expected to be a loss between CNY 0.9630 and CNY 1.2222, compared to a loss of CNY 0.5946 per share in the previous year[5]. Factors Affecting Performance - The significant decline in performance is primarily attributed to a substantial decrease in the gross profit margin of the real estate business[8]. - The company has identified impairment signs in some real estate development projects and has made provisions for inventory write-downs based on prudent and objective principles[8]. Audit and Reporting - The financial data provided in the earnings forecast has not been audited and is subject to final audit results[6]. - The company has communicated with the accounting firm regarding the earnings forecast, and there are no significant discrepancies between both parties[6]. - The final financial data will be detailed in the company's 2024 annual report[9]. Investor Guidance - The company advises investors to pay attention to publicly disclosed information and be aware of investment risks[9]. - The earnings forecast period is from January 1, 2024, to December 31, 2024[4].

Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,591,013,941.17, an increase of 528.51% compared to the same period last year[3] - The net profit attributable to shareholders was -¥177,545,252.05, representing a decrease of 1,727.75% year-on-year[3] - The company reported a basic earnings per share of -¥0.1315, a decrease of 1,726.39% compared to the same period last year[3] - The net profit for Q3 2024 was a loss of CNY 632,396,861.85, worsening from a loss of CNY 4,207,144.24 in Q3 2023[12] - The total comprehensive loss attributable to shareholders of the parent company was CNY 523,537,572.78, compared to a loss of CNY 1,225,715.98 in the previous year, indicating a significant increase in losses[12] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥108,026,213.13, an increase of 447.24% compared to the previous year[5] - The net cash flow from operating activities for the current period is ¥108,026,213.13, compared to a negative cash flow of ¥31,109,905.65 in the previous period[14] - Total cash inflow from operating activities is ¥2,417,498,439.83, while cash outflow is ¥2,309,472,226.70, resulting in a net cash flow of ¥108,026,213.13[14] - Cash received from sales of goods and services is ¥2,094,966,698.55, down from ¥2,941,938,881.30 in the previous period, indicating a decrease of approximately 29%[13] - Cash paid for purchasing goods and services is ¥1,165,459,468.79, a decrease from ¥2,402,363,833.94, reflecting a reduction of about 51%[14] - Cash flow from investment activities shows a net outflow of ¥103,827,688.46, compared to a net inflow of ¥132,636,064.88 in the previous period[14] - Cash inflow from financing activities is ¥826,252,045.16, down from ¥3,117,846,418.89, representing a decline of approximately 73%[14] - The net cash flow from financing activities is negative at -¥1,275,123,395.50, compared to -¥119,314,564.86 in the previous period[14] - The ending balance of cash and cash equivalents is ¥2,530,368,455.40, down from ¥4,459,206,890.52, indicating a decrease of about 43%[14] - The company received ¥39,096,562.82 in tax refunds, an increase from ¥14,708,329.88 in the previous period[13] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,889,216,727.60, a decrease of 19.41% from the end of the previous year[3] - As of September 30, 2024, the total assets of Shenzhen Zhenye Group Co., Ltd. amounted to CNY 20,889,216,727.60, a decrease from CNY 25,919,169,551.13 at the beginning of the period[9] - The company's current assets decreased to CNY 16,686,476,718.32 from CNY 21,787,472,049.07, indicating a decline of approximately 23.2%[9] - The total liabilities decreased to CNY 14,079,430,886.84 from CNY 18,477,436,848.52 year-over-year, a reduction of approximately 23.0%[10] - The total equity attributable to shareholders was ¥6,448,603,504.32, down 7.51% from the previous year[3] - The total equity attributable to shareholders of the parent company was CNY 6,448,603,504.32, down from CNY 6,972,141,077.10, reflecting a decline of about 7.5%[10] - The company's total liabilities were not explicitly stated, but current liabilities included accounts payable of CNY 1,450,390,143.45, down from CNY 1,503,523,692.31[9] - The company reported a decrease in contract liabilities from CNY 4,929,773,410.20 to CNY 2,142,025,895.63, a decline of about 56.6%[9] Operational Insights - The gross profit margin in the real estate sector has declined, contributing to a significant drop in net profit[5] - The company experienced a significant increase in revenue due to the growth in real estate project turnover[5] - Total operating revenue for Q3 2024 reached CNY 4,827,628,216.97, a significant increase from CNY 829,287,912.00 in the same period last year, representing a growth of approximately 482.7%[10] - Total operating costs for Q3 2024 were CNY 4,939,786,151.13, compared to CNY 868,087,120.70 in the previous year, indicating a rise of about 469.5%[11] - The company experienced a significant increase in sales expenses, which rose to CNY 119,253,379.74 from CNY 34,214,534.50, representing an increase of about 248.5%[11] Shareholder Information - The top two shareholders are the Shenzhen State-owned Assets Supervision and Administration Commission with a 21.93% stake and Shenzhen Capital Operation Group Co., Ltd. with a 15.06% stake[6] Financial Strategy - The company is focusing on enhancing its financial position and exploring new strategies for market expansion and product development[9] - Research and development expenses were not explicitly detailed in the reports, indicating a potential area for further inquiry into future product and technology development strategies[11] Audit Status - The company has not undergone an audit for the third quarter report[15]

| 股票代码：000006 | 股票简称：深振业 | A | | 公告编号：2024-053 | | --- | --- | --- | --- | --- | | 债券代码：148280 | 债券简称：23 振业 | | 01 | | | 债券代码：148395 | 债券简称：23 振业 | | 02 | | 深圳市振业（集团）股份有限公司 关于计提资产减值准备的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 深圳市振业（集团）股份有限公司于 2024 年 10 月 30 日召开第十届董事会 2024 年第十一次会议，审议通过了《关于 2024 年第三季度计提资产减值准备的 议案》，具体情况如下： 一、本次计提的资产减值准备情况 根据《企业会计准则》及公司会计政策的相关规定，公司对截至 2024 年 9 月 30 日的各项资产进行了减值测试，本着谨慎原则，对可能发生减值损失的资产 计提了减值准备。2024 年第三季度公司计提各项资产减值准备共计 19,067.36 万 元，前三季度公司累计计提各项资产减值准备 58,377.32 万元。具体情况如下： ...

| 股票代码：000006 | 股票简称：深振业 | | A | 公告编号：2024-050 | | --- | --- | --- | --- | --- | | 债券代码：148280 | 债券简称：23 | 振业 | 01 | | | 债券代码：148395 | 债券简称：23 | 振业 | 02 | | 深圳市振业（集团）股份有限公司 第十届董事会 2024 年第十一次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈 述或重大遗漏。 深圳市振业（集团）股份有限公司第十届董事会 2024 年第十一次会议于 2024 年 10 月 30 日以通讯表决方式召开，会议通知及文件于 10 月 24 日以网络方式送达 各董事、监事。本次会议应参与表决董事 9 人，实际参与表决董事 9 人，会议的召 开符合有关法规及《公司章程》的规定。经认真审议，会议表决通过以下议案： 一、以 9 票同意、0 票反对、0 票弃权的表决结果审议通过《2024 年第三季度 报告》（详见公司同日在证监会指定信息披露平台登载的《2024 年第三季度报告》）。 二、以 9 票同意、0 票反对、0 ...

| 股票代码：000006 | 股票简称：深振业 | | A | 公告编号：2024-051 | | --- | --- | --- | --- | --- | | 债券代码：148280 | 债券简称：23 | 振业 | 01 | | | 债券代码：148395 | 债券简称：23 | 振业 | 02 | | 深圳市振业（集团）股份有限公司 第十届监事会第十五次会议决议公告 深圳市振业（集团）股份有限公司 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 监 事 会 深圳市振业（集团）股份有限公司第十届监事会第十五次会议于 2024 年 10 月 30 日以通讯表决方式召开，会议通知及文件于 10 月 24 日以网络方式送达各 监事。本次会议应参与表决监事 3 人，实际参与表决监事 3 人，会议的召开符合 有关法规和《公司章程》的规定。经认真审议，会议表决通过以下议案： 一、以 3 票同意、0 票反对、0 票弃权的表决结果审议通过《2024 年第三季 度报告》（详见公司同日在证监会指定信息披露平台登载的《2024 年第三季度报 告》），并出具了审核意见如下：公 ...

| 股票代码：000006 | 股票简称：深振业 | | A | 公告编号：2024-049 | | --- | --- | --- | --- | --- | | 债券代码：148280 | 债券简称：23 | 振业 | 01 | | | 债券代码：148395 | 债券简称：23 | 振业 | 02 | | 深圳市振业（集团）股份有限公司 股票交易异常波动公告 1 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 特别提示： 公司股票价格自 2024 年 10 月 22 日达到异常波动后再次连续两个交易日 （2024 年 10 月 24 日、2024 年 10 月 25 日）收盘价格涨幅累计偏离 20.06%， 自 2024 年 10 月 18 日起涨幅累计偏离 45.86%。公司股票价格短期涨幅较大， 特别提醒广大投资者注意交易风险，审慎决策、理性投资。 一、股票交易异常波动的情况介绍 公司股票深振业 A（证券代码：000006）连续两个交易日（2024 年 10 月 24 日、2024 年 10 月 25 日）收盘价格涨幅累计偏离 20.06%，根据《深圳 ...