China Merchants Shekou Industrial Zone Holdings Co., Ltd.

China Merchants Shekou Industrial Zone Holdings Co., Ltd. (CMSK), founded in 1979 and listed on the Shenzhen Stock Exchange in 2015, is a leading urban and industrial park developer and operator based in Shenzhen, China. As a flagship subsidiary of China Merchants Group, CMSK focuses on comprehensive urban development and operation, emphasizing innovation in industry-finance integration, low-carbon development, and prudent operation. The company aims to provide integrated solutions for urban development and industrial upgrading, aspiring to enhance the quality of life for communities. CMSK operates primarily through three business segments: Development Business, Asset Operation, and Urban Service. The Development Business specializes in comprehensive urban development and green habitation, while Asset Operation manages a diverse portfolio of commercial and office buildings, industrial parks, and hospitality properties. The Urban Service segment offers asset-light operations in property services, cruise, convention and exhibition, and health and elderly care industries. With a significant land bank in strategic locations such as Shekou and Qianhai, CMSK leverages its resources to drive sustainable development and social progress across more than 100 cities globally.

1. Business synergies within China Merchants Group As the controlling shareholder and the actual controller of the company, China Merchants Group owns numerous firms, spanning from finance to entity industry sector. In recent years, China Merchants Group has vigorously promoted internal resources integration, which is conducive for the company to realization of resource complementarity, to multi-channel and low-cost access to funds and project resources. 2. Resources reserves and strategic advantages For now, the company owns large land bank remaining undeveloped. In particular, lands in Shekou and Qianhai are all located in the “China (Guangdong) Pilot Free Trade Zone, Qianhai and Shekou Area of Shenzhen” in where the company can enjoy unique policies and strategic advantages. 3.Rich operating experience in comprehensive development of urban areas and industrial parks Having been constructing and operating in Shekou for more than 30 years, CMSK is capable of comprehensive integration of resources. The company has cultivated a number of management teams with both professional and practical experience, and formed the rounded system and full service concept of comprehensive development of urban areas and industrial parks. As well as desirable economic profit, CMSK has brought great social benefits to city development.