Core Viewpoint - The company has received a no-objection letter from the Shenzhen Stock Exchange regarding its non-public issuance of corporate bonds, confirming that the issuance meets the listing conditions for transfer on the exchange [1] Group 1 - The company plans to issue corporate bonds totaling no more than 1.2 billion yuan to professional investors [1] - The Shenzhen Stock Exchange has confirmed that the bond issuance complies with its listing transfer conditions [1]

Group 1 - The company, Shenzhen Properties Development (Group) Co., Ltd., has received a no-objection letter from the Shenzhen Stock Exchange regarding its non-public issuance of corporate bonds [1] - The total amount of the corporate bonds to be issued is not to exceed 1.2 billion yuan [1] - The Shenzhen Stock Exchange has confirmed that the issuance meets the listing transfer conditions for professional investors [1]

公司将按照有关法律法规、无异议函等相关要求办理本次债券的 相关事宜，并及时履行信息披露义务。 深圳市物业发展(集团)股份有限公司 证券代码：000011 200011 股票简称：深物业 A 深物业 B 编号：2025-49 号 关于非公开发行公司债券获得深圳证券交 易所挂牌转让无异议函的公告 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、误导性陈述或者重大遗漏。 近日，深圳市物业发展（集团）股份有限公司(以下简称公司) 收到深圳证券交易所(以下简称深交所)出具的《关于深圳市物业发展 （集团）股份有限公司非公开发行公司债券符合深交所挂牌条件的无 异议函》(深证函〔2025〕850 号，以下简称无异议函)。 根据该无异议函，深交所确认公司面向专业投资者非公开发行总 额不超过 12 亿元的公司债券(以下简称本次债券)符合其挂牌转让条 件，对本次债券在深交所挂牌转让无异议。该无异议函自出具之日起 12 个月内有效，公司可在无异议函有效期及上述额度内分期发行本 次债券并及时办理债券挂牌转让手续。 特此公告 深圳市物业发展（集团）股份有限公司 董事会 2025 年 9 月 5 日 ...

证券代码：000011 200011 股票简称：深物业 A 深物业 B 编号：2025-48 号 关于子公司重大仲裁的进展公告 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、误导性陈述或者重大遗漏。 深圳市物业发展(集团)股份有限公司 特别提示： 1.案件所处的仲裁阶段:终局裁决； 2.上市公司所处的当事人地位：公司控股子公司深圳市荣耀房地 产开发有限公司为申请人； 3.涉案金额：约 65,806.72 万元； 4.对上市公司的影响：本次裁决为终局裁决但尚未执行，对公司 本期利润和期后利润的影响尚存在不确定性。 一、案件基本情况 2023 年 6 月 9 日，深圳市物业发展（集团）股份有限公司（以 下简称"公司"）在巨潮资讯网(http://www.cninfo.com.cn)上刊登 了《关于子公司重大仲裁的公告》（公告编号：2023-13 号）。公司 控股子公司深圳市荣耀房地产开发有限公司（以下简称"荣耀地产"） 收到深圳国际仲裁院《案件受理通知书》【（2023）深国仲受 2970 号-1】，仲裁院就荣耀地产与深圳市心海荣耀房地产开发有限公司、 深圳市心海控股有限公司、深圳市心海 ...

Group 1 - The core viewpoint of the news is that 深物业A (Shenzhen Properties A) has shown significant improvement in its financial performance for the first half of 2025, with notable increases in revenue and net profit compared to the previous year [1] - The total operating revenue for the reporting period reached 1.088 billion yuan, representing a year-on-year increase of 27.09% [1] - The net profit attributable to shareholders was 14.428 million yuan, up 56.61% year-on-year [1] Group 2 - In Q2, the operating revenue was 595 million yuan, reflecting a year-on-year growth of 32.28% [1] - The net profit for Q2 was 9.4223 million yuan, which is a 7.7% increase compared to the same quarter last year [1] - The gross profit margin improved by 15.5% year-on-year, reaching 25.22%, while the net profit margin surged by 499.81% to 0.93% [1] Group 3 - Total expenses for sales, management, and finance amounted to 171 million yuan, accounting for 15.73% of revenue, which is an 11.73% decrease year-on-year [1] - The earnings per share (EPS) increased by 56.13% to 0.02 yuan, while the net asset per share decreased by 24.73% to 5.66 yuan [1] - The operating cash flow per share was -0.18 yuan, but this represents an 85.45% improvement year-on-year [1] Group 4 - The company has a historical median Return on Invested Capital (ROIC) of 12.94%, indicating average investment returns over the past decade [2] - The company has experienced three years of losses out of 33 annual reports since its listing, suggesting a fragile business model [2] - The company's cash flow situation is concerning, with a cash asset to current liabilities ratio of only 41.17% and negative average operating cash flow over the past three years [2]

Core Insights - The company reported a total operating revenue of 1.088 billion yuan, an increase of 232 million yuan, representing a year-on-year growth of 27.09% [1] - The net profit attributable to shareholders was 14.428 million yuan, an increase of 5.216 million yuan, with a year-on-year growth of 56.61% [1] - The net cash flow from operating activities was -107 million yuan, an increase of 630 million yuan compared to the same period last year [1] Financial Metrics - The latest gross profit margin is 25.22%, ranking 23rd among disclosed peers, with an increase of 3.39 percentage points year-on-year [2] - The latest return on equity (ROE) is 0.43%, ranking 24th among disclosed peers, with an increase of 0.22 percentage points year-on-year [2] - The diluted earnings per share (EPS) is 0.02 yuan, ranking 22nd among disclosed peers, with an increase of 0.01 yuan, representing a year-on-year growth of 56.13% [2] - The latest total asset turnover ratio is 0.07 times, ranking 24th among disclosed peers, with an increase of 0.02 times year-on-year [2] - The latest inventory turnover ratio is 0.08 times, with an increase of 0.02 times year-on-year [2] Leverage - The latest debt-to-asset ratio is 80.53% [3]

Group 1 - The company Shenwu A reported a revenue of approximately 1.088 billion yuan for the first half of 2025, representing a year-on-year increase of 27.09% [1] - The net profit attributable to shareholders of the listed company was approximately 14.43 million yuan, showing a year-on-year increase of 56.61% [1] - The basic earnings per share were 0.0242 yuan, which is a year-on-year increase of 56.13% [1] Group 2 - The company has opened 41 franchises for Haidilao, with over 20,000 applications received, indicating strong interest in the brand [1] - The estimated investment required to join Haidilao is around 10 million yuan, which is considered a significant amount [1]

2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位：深圳市物业发展（集团）股份有限公司 单位：人民币万元 | | | 占用方与上市公司的 | 上市公司核算的 | 2025 年期初占 | 2025 年半年度 占用累计发生 | 2025 年半 年度占用 | 2025 年半年 | 2025 年半年度 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 关联关系 | 会计科目 | 用资金余额 | 金额（不含利 | 资金的利 | 度偿还累计 | 期末占用资金余 | 占用形成原因 | 占用性质 | | | | | | | 息） | 息(如有) | 发生金额 | 额 | | | | 控股股东、实际控制人 | | | | | | | | | | | | 及其附属企业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 前控股股东、实际控制 | | | | | | | | | | | | 人及其附属企业 | | | ...

深圳市物业发展(集团)股份有限公司 2025 年半年度财务报表 深圳市物业发展(集团)股份有限公司 2025 年半年度财务报表 【2025 年 8 月】 1 深圳市物业发展(集团)股份有限公司 2025 年半年度财务报表 1、合并资产负债表 编制单位：深圳市物业发展(集团)股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 2,846,262,594.16 | 1,678,116,644.12 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | 20,000.00 | 0.00 | | 应收账款 | 558,663,016.84 | 476,014,729.60 | | 应收款项融资 | | | | 预付款项 | 8,382,194.51 | 7,789,173.69 | | 应收保费 | | | | 应收分保账款 | | | | 应收分保合同准备金 | | | | 其他应收款 | 265,1 ...

深圳市物业发展(集团)股份有限公司 2025 年半年度财务报告 一、审计报告 2025 年半年度财务报告 【2025 年 8 月】 1 深圳市物业发展(集团)股份有限公司 2025 年半年度财务报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 深圳市物业发展(集团)股份有限公司 编制单位：深圳市物业发展(集团)股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 2,846,262,594.16 | 1,678,116,644.12 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | 20,000.00 | 0.00 | | 应收账款 | 558,663,016.84 | 476,014,729.60 | | 应收款项融资 | | | | 预付款项 | 8,382,194.51 | 7,789,173.69 | | ...