Shenzhen Cereals Holdings (000019.SZ): Shenzhen Grain Group signs the Phase I relocation compensation agreement for the Xili High-speed Rail Hub and related project land preparation project.

Shenzhen Cereals Holdings (000019.SZ) announcement. The board of directors approved the proposal on September 17, 2025 to sign the "Xili High-Speed Rail Hub and Related Engineering Land Preparation Project Phase I Relocation Compensation Agreement" and other related documents with the Xili Sub-district Office. Due to the construction of the Xili High-Speed Rail Hub and related projects, the Nanshan District People's Government of Shenzhen plans to carry out land preparation. The land parcel T505-0008 owned by Shenzhen Grain Group Co., Ltd. (referred to as "Shenzhen Grain Group"), a wholly-owned subsidiary of the company, falls within the scope of land preparation for the Xili High-Speed Rail Hub and related engineering projects. Shenzhen Grain Group intends to sign relevant agreements with the Xili Sub-district Office regarding relocation compensation matters. The Shuguang Grain Depot is located in the Xili Sub-district of Nanshan District, occupying an area of 30,052.2m2 and a total construction area of 45,335.79m2. It was completed and put into use in 1998. There are currently 6 warehouse buildings with a capacity of 70,000 tons (in terms of grain), 8 oil tanks with a capacity of 0.224 million tons. The land use term is from 1995 to 2045, characterized as non-commercial use for warehouse purposes. The assessed value of Shuguang Grain Depot is 458 million yuan, including land, buildings, structures, attachments, interior decoration, and relocation expenses.