Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in Hong Kong with limited liability)
(Stock Code: 604)
ON CONTRACTED SALES PERFORMANCE
Shenzhen Investment Limited (the "Company", together with its subsidiaries, the "Group") wishes to provide to the shareholders of the Company the attached press release of the sales performance of the Group for the period ended 31 December 2013.
This is a voluntary announcement made by the Company and the financial information set out in this announcement has not been audited nor reviewed by external auditor. Shareholders of the Company and potential investors are advised to exercise due care when dealing in the shares of the Company.
By Order of the Board SHENZHEN INVESTMENT LIMITED LU Hua
Hong Kong, 8 January 2014
As at the date of this announcement, the Board comprises 9 directors, of which Mr. LU Hua, Mr. GAO Shengyuan, Mr. MOU Yong and Mr. LIU Chong are the executive directors of the Company, Dr. WU Jiesi and Mr. HUANG Yige are the non-executive directors of the Company and Mr. LI Wai Keung, Mr. WU Wai Chung, Michael and Dr. WONG Yau Kar David are the independent non-executive directors of the Company.
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[For immediate release]
SZI Announced Full Year Contracted Sales of 2013
(8 January 2014 - Hong Kong) Shenzhen Investment Limited ("SZI" or the "Group", SEHK stock code: 604.HK) is pleased to announce the Group had successfully achieved its full year sales target RMB 9 billion. The Group achieved contracted sales of RMB 9 billion in 2013, up 47% YoY, and the total subscription amount, including contracted sales and un-contracted subscription amount in 2013 fetched RMB10.4 billion.
The Group recorded contracted sales of 78,116 square meters and RMB1,359 million in
December 2013, up 36% and 227% YoY respectively. The Group's full year contracted sales in
2013 achieved 729,469 square meters and RMB 9 billion, up 7% and 47% respectively with average selling price of around RMB 12,350 per square meter.
Key projects of the Group include UpperHills, Terra Building, Qingshuihe Auto Park, Noble Times, Jiangyue Wan, Wanlin Lake, Shumyip City and etc.
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SZI listed on the Stock of Exchange in Hong Kong since 1997, is a leading property developer focus in Shenzhen. It is 60.59%-owned by Shenzhen's municipal government. As of 30 June
2013, the Group had a total gross land reserve of 11.48 million square meters (in gross floor area). The Group has 22 property projects under construction with a total gross floor area of approximately 2.86 million square meters.