002314SZSE

Announcement on the Acquisition and Transfer of Equity and Claims of Joint Ventures and Their Subsidiaries

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Shenzhen Nanshan Holding (Group) Co., Ltd. announces a "package deal" to acquire and transfer equity and claims of joint ventures and their subsidiaries. The transaction aims to integrate and optimize the company's real estate projects. Upon completion, Nanshan Real Estate will indirectly hold 100% equity in Wuhan Nanshan Central China and Fujian Nanshan Vertical & Horizontal. The deal is expected to contribute approximately RMB 20 million to the company's net profit.

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Securities Code: 002314 Securities Abbreviation: Nanshan Holding Announcement Number: 2026-019

Shenzhen Nanshan Holding (Group) Co., Ltd. Announcement on the Acquisition and Transfer of Equity and Claims of Joint Ventures and Their Subsidiaries

The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, without any false records, misleading statements, or significant omissions.

On May 18, 2026, Shenzhen Nanshan Holding (Group) Co., Ltd. (hereinafter referred to as the "Company") held the 29th meeting of the 7th Board of Directors, which reviewed and approved the "Proposal on the Acquisition and Transfer of Equity and Claims of Joint Ventures and Their Subsidiaries." The relevant matters are hereby announced as follows:

I. Overview of the Transaction

(I) Basic Information of the Company's Holdings in Joint Ventures and Their Subsidiaries The Company's wholly-owned subsidiary, Shenzhen Nanshan Real Estate Development Co., Ltd. (hereinafter referred to as "Nanshan Real Estate"), through its wholly-owned subsidiary Wuhan Panlong Nanshan Real Estate Co., Ltd. (hereinafter referred to as "Wuhan Panlong"), holds 51% equity in the joint venture Wuhan Nanshan Central China Investment and Development Co., Ltd. (hereinafter referred to as "Wuhan Nanshan Central China") and 51% equity in Fujian Nanshan Vertical & Horizontal Investment and Development Co., Ltd. (hereinafter referred to as "Fujian Nanshan Vertical & Horizontal"), respectively. The Company's joint ventures, Wuhan Nanshan Central China and Fujian Nanshan Vertical & Horizontal, hold 92% and 8% equity in Fujian Guangyang Investment and Development Co., Ltd. (hereinafter referred to as "Fujian Guangyang"), respectively.

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