Simplified Report on Changes in Equity Interests (Shine Union China)

Shenzhen World Union Properties Co., Ltd. Simplified Report on Changes in Equity Interests

Company Name: Shenzhen World Union Properties Co., Ltd.

Listing Location: Shenzhen Stock Exchange

Stock Abbreviation: World Union

Stock Code: 002285

Information Disclosure Obligor: Shine Union China (Hong Kong) Limited

Registered Address: Unit 2701, 27/F, Shui On Centre, 6-8 Harbour Road, Wan Chai, Hong Kong

Mailing Address: Unit 2701, 27/F, Shui On Centre, 6-8 Harbour Road, Wan Chai, Hong Kong

Nature of Equity Change: Reduction in shares (agreement transfer)

Signing Date: August 9, 2026

Statement of the Information Disclosure Obligor

I. The information disclosure obligor has prepared this report on changes in equity interests in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Takeover of Listed Companies," and the China Securities Regulatory Commission's "Format Rules for Information Disclosure of Publicly Issued Securities No. 15 - Report on Changes in Equity Interests," and other relevant laws and regulations.

II. The information disclosure obligor has obtained the necessary authorization and approval to sign this report on changes in equity interests, and its performance does not violate any provisions of its articles of association or internal rules, nor does it conflict with them.

III. In accordance with the provisions of the "Securities Law of the People's Republic of China" and the "Administrative Measures for the Takeover of Listed Companies," this report on changes in equity interests has fully disclosed the situation regarding the equity interests held by the information disclosure obligor in Shenzhen World Union Properties Co., Ltd. As of the signing date of this report, apart from the shareholding information disclosed herein, the information disclosure obligor has not increased or decreased its equity interests in Shenzhen World Union Properties Co., Ltd. through any other means.

IV. The changes in equity interests described in this report are based on the information contained herein. The information disclosure obligor has not entrusted or authorized any other person to provide information not listed in this report or to make any explanation or clarification regarding this report.

V. The information disclosure obligor hereby undertakes that this report contains no false records, misleading statements, or material omissions, and it assumes individual and joint legal liability for its truthfulness, accuracy, and completeness.

VI. The current agreement transfer of shares is subject to compliance confirmation by the Shenzhen Stock Exchange and the completion of share transfer registration with China Securities Depository and Clearing Corporation Limited.

Table of Contents

Section 1 Definitions 4

Section 2 Introduction to the Information Disclosure Obligor 5

Section 3 Purpose of the Change in Equity Interests and Shareholding Plan 6

Section 4 Situation of Changes in Equity Interests 7

Section 5 Situation of Buying and Selling Listed Company Shares in the Past Six Months 15

Section 6 Other Major Matters 16

Section 7 Documents for Inspection 17

Appendix to the Simplified Report on Changes in Equity Interests 20

Section 1 Definitions

In this report, unless otherwise stated, the following terms have the following meanings: