002314SZSE

2025 Annual Board of Directors Work Report

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This report details the Shenzhen New Nanshan Holding (Group) Co., Ltd. Board of Directors' work in 2025. The company achieved revenue of 13.06 billion yuan, a 55.6% increase, but reported a net loss of 1.97 billion yuan due to impairment. The board held 11 meetings, reviewed 100+ proposals covering operations, finance, and governance, and ensured compliance with regulations. The company also focused on ESG initiatives and investor relations.

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Shenzhen New Nanshan Holding (Group) Co., Ltd. 2025 Annual Board of Directors Work Report

In 2025, Shenzhen New Nanshan Holding (Group) Co., Ltd. (hereinafter referred to as the "Company") Board of Directors, in accordance with the "Company Law," "Securities Law," "Shenzhen Stock Exchange Stock Listing Rules," "Articles of Association," and other relevant laws, regulations, normative documents, and the Company's internal systems, diligently and conscientiously carried out its work. It earnestly implemented all resolutions of the Shareholders' Meeting, improved internal control systems, standardized corporate operations, and effectively protected the legitimate rights and interests of the Company and all shareholders, ensuring the Company's sound operation and sustainable development. The work of the Board of Directors in 2025 is hereby reported as follows:

I. Overall Business Operations During the Reporting Period

In 2025, under the correct leadership of the Board of Directors, the Company adhered to the general working principle of seeking progress while maintaining stability, faced challenges head-on, and acted proactively. It prioritized risk prevention and control and structural optimization, actively cultivated new growth drivers, and achieved some hard-won breakthroughs. However, due to the continued impact of the deep adjustment in the real estate main business, the Company was unable to achieve profitability in 2025. In 2025, the Company achieved operating revenue of 13.06 billion yuan, a year-on-year increase of 55.6%. Affected by factors such as impairment, the net profit attributable to the parent company was a loss of 1.97 billion yuan.

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