Group 1 - The company Shen Property A (SZ 000011) held its 11th first temporary board meeting on November 7, 2025, to discuss the appointment of the board secretary and other documents [1] - For the first half of 2025, Shen Property A's revenue composition was as follows: property management accounted for 70.8%, real estate development for 19.63%, and leasing operations for 9.57% [1] - As of the report date, Shen Property A's market capitalization was 6.1 billion yuan [1]

Group 1 - The core point of the article is the resignation of Mr. Ma Hongtao from his positions as chairman of the supervisory board and supervisor of Shenzhen Properties A due to work relocation, and he will no longer hold any position in the company after his resignation [2] - For the fiscal year 2024, Shenzhen Properties A's revenue composition is as follows: property management accounts for 58.32%, real estate development accounts for 36.71%, and leasing operations account for 4.97% [2]