SHENZHEN INVEST (00604) subsidiary enters into a loan agreement with Shenye Tailan and Shenzhen Metro Real Estate.

SHENZHEN INVEST (00604) announced that on October 24, 2025, Shenzhen Taiyuntong (an indirectly owned non-wholly owned subsidiary of the company) entered into a loan agreement with its shareholders (namely, Shenzhen Yetairan and Shenzhen Metro Property). Under this agreement, Shenzhen Taiyuntong agreed to provide loans to them based on the proportion of equity held by Shenzhen Yetairan and Shenzhen Metro Property in Shenzhen Taiyuntong, and under the same terms and conditions. The total principal amount of the loans provided by Shenzhen Taiyuntong to Shenzhen Yetairan and Shenzhen Metro Property is RMB 1.29 billion and RMB 1.24 billion respectively. The loan financing period shall be 36 months from the date of the first disbursement of the loan. During this period, the loans may be disbursed in one or multiple tranches based on the borrowing party's fund requirements. The loans bear interest at a fixed annual interest rate of 0.05% on a simple interest basis, which remains unchanged throughout the loan term. Shenzhen Taiyuntong is mainly engaged in the development and construction of a residential project located in Shenzhen. The project has been completed and Shenzhen Taiyuntong has generated surplus cash flow from the project. As Shenzhen Taiyuntong does not have significant capital requirements, by providing loans to its shareholders based on their respective equity stakes (all loans are funded using Shenzhen Taiyuntong's idle resources), Shenzhen Taiyuntong can effectively utilize surplus cash and allow its shareholders (including the Group as one of the shareholders) to repatriate cash from it. Therefore, the parties to the agreement have considered the prevailing market savings rate when determining the interest rate under the loan agreement, and the terms of the loan agreement have been agreed upon by the parties after fair negotiation.