SHENZHEN INVEST (00604) third-quarter contracted sales of approximately RMB 1.814 billion

SHENZHEN INVEST (00604) announces its major business progress for the third quarter of 2026. Commercial Operations Business The first-store economy continues to gain momentum, and the international brand matrix is accelerating its formation. During the period, UpperHills focused on the international light-luxury and trend retail segments. Chinese mainland's first Coach Play concept store officially opened on September 25. Turkish chef brand CZN BURAK GURME's first Shenzhen store and century-old British brand HUNTER's first Futian store opened successively, forming a clustering effect of "first stores + first shows + first launches" and continuously enriching the international brand matrix of the commercial district. Driven by the dual engines of "arts and culture + consumption," holiday foot traffic reached a new high. During the Mid-Autumn and National Day holidays, UpperHills, with the "International Art Tour Season" as its engine, launched the custom original environmental theater production "Voice of the World" and the Shenzhen premiere of the giant puppet theater parade "Don Quixote," and collaborated with market IPs such as Shenzhen Star ChefsStar Picking Food Market and the fizzy bizzy Wine Festival. Single-day foot traffic on October 1 was approximately 180,000, and cumulative foot traffic in the first four days of the holiday increased by nearly 30% year on year. Relying on the sky corridor and ecological bridge, the park commercial district route of "watch a good showenjoy fine foodvisit first storestour the park" has been further smoothed, and the "two-way traffic diversion" effect between the park and the commercial district continues to be released. Hotel and park operations added world-class titles. On September 1, Mandarin Oriental, Shenzhen was ranked No. 90 on the 2026 "World's 50 Best Hotels" 51100 list, and its MO Bar was ranked No. 5 on the 2026 "Asia's 50 Best Bars," the highest-ranked hotel bar in Asia. Bijia Mountain Sports Park, which the Group coordinates and services, received the World Urban Parks (WUP) 2026 "Excellence in New Park Award," marking that the Group's park operation and management capabilities have won world-class professional recognition; during the dual holidays, foot traffic at the park increased by nearly 40% year on year. Property Operations Business External expansion continued to make breakthroughs, and operational strength was once again recognized. With professional venue service experience and full-format operational strength, Shum Yip Operations successfully won the bid for the new Shenzhen Cultural Center, currently the cultural center with the largest single-building floor area in the country, with a total gross floor area of 83,300 square meters, further consolidating its competitive advantage in the operation of major public cultural facilities. On September 2, at the "2026 China Property Service Capability and Brand Value Research Results Conference" hosted by CRIC Property Management, Shum Yip Operations won nine honors at once, including "2026 Top 100 China Property Service Enterprises," "Top 100 Brand Value of China Property Service Enterprises," and "2026 Top 20 China High-End Property Service Enterprises," with both service capability and brand value flourishing across the board. Property Development Business Sales and destocking progressed steadily. In the third quarter of 2026, the Group's unaudited contracted sales amounted to approximately RMB 1.814 billion, with contracted sales area of approximately 85,800 square meters. During the Mid-Autumn and National Day holidays, the Group coordinated and held the "Ignite the Dual HolidaysRenew Ten Thousand Homes" series of marketing activities, achieving cumulative subscription sales of approximately RMB 886 million. Key projects in the Shenzhen region (such as Yiyue Mansion, Shanshui Dongcheng, and Shum Yip Yunzhu) maintained good ongoing sales, and projects located in Zhongshan and Chengdu also performed relatively well. SHENZHEN INVEST will continue to accelerate the construction of a new development model. In accordance with its development vision of "becoming an outstanding industrial group worthy of trust," it will actively promote the transformation of its core business into a "real estate asset management and urban comprehensive operation service provider," and is committed to building a business portfolio with strong counter-cyclical attributes and the ability to provide long-term stable cash flow and performance contributions.