ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) Stock Code: 000011, 200011 Stock Name: SZPRD A, SZPRD B Announcement No. 2017-41 SHENZHEN PROPERTIES& RESOURCES DEVELOPMENT (GROUP) LTD.
THIRD QUARTER REPORT 2017 (SHORT FORM)
ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) Part I Important Statements
The board of directors (the “Board”), the supervisory board (the “Supervisory Board”) as well as the directors, supervisors and senior management of ShenZhen Properties& Resources Development (Group) Ltd. (the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report, and shall be jointly and severally liable for any false representation, misleading statements or material omissions in this Report. All the directors attended the board meeting for the review of this Report.
Chen Yugang, head of the Company, Wang Hangjun, accounting head for this Report, and Shen Xueying, head of the accounting department (head of accounting), hereby guarantee that the Financial Report carried in this Report is factual, accurate and complete.
This Report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.
ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) Part II Company Fundamentals
I Key Consolidated Operating Results
Indicate by tick mark whether the Company needs to retrospectively restate any of its accounting data.
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
||September 30, 2017||December 31, 2016||Change||
|Total assets (RMB)|5,447,556,053.8||7 6,654,356,144.10||-18.14%||
|Equity attributable to owners of the|2,878,876,884.3||3 2,410,434,735.75||||
||||||19.43%||
|parent (RMB)|||||||
|||||January-September|||
||July-September 2017|YoY change||||YoY change|
|||||2017|||
|Net sales (RMB)|1,335,581,077.17|747.12%||2,652,727,809.60||400.78%|
|Net margin attributable to owners|211,810,876.32|||576,166,646.75|||
|||10,941.08%||||8,099.55%|
|of the parent (RMB)|||||||
|Net margin attributable to owners|||||||
|of the parent before exceptional|211,069,206.23|9,853.59%||578,891,270.26||7,309.74%|
|gains and losses (RMB)|||||||
|Net cash from operating activities||||-354,782,847.37|||
||--|--||||-116.89%|
|(RMB)|||||||
|Basic earnings per share|0.3554|||0.9668|||
|||10,869.70%||||8,090.08%|
|(RMB/share)|||||||
|Diluted earnings per share|0.3554|||0.9668|||
|||10,869.70%||||8,090.08%|
|(RMB/share)|||||||
|Weighted average return on equity|||||||
||8.03%|8.12%||21.84%||22.19%|
|(%)|||||||

Exceptional gains and losses:
√ Applicable□ Not applicable
Unit: RMB
||||
|-|-|-|
|Item|January-September 2017|Note|
|Gains/Losses on disposal of non-current assets (inclusive of offset|||
||-1,800.04||
|asset impairment provisions)|||
|Impairment provision reversal for accounts receivable on which|||
||624,434.78||
|the impairment test is carried out separately|||
|Non-operating income and expense other than above|-4,709,018.39||
|Less: Income tax effects|-1,361,760.14||

ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form)
||||
|-|-|-|
|Total|-2,724,623.51|--|

Explanation of why the Company classified an item as an exceptional gain/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Exceptional Gains and Losses, or reclassified any exceptional gain/loss item given as an example in the said explanatory announcement as a recurrent gain/loss:
□ Applicable√ Not applicable
No such cases in the Reporting Period.
II Total Number of Shareholders and Shareholdings of Top 10 Shareholders at Period-End 1. Numbers of Common Shareholders and Preference Shareholders with Resumed Voting Rights, and Shareholdings of Top 10 Shareholders
Unit: share
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||Total number of preference|||||
|Total number of common||||shareholders with resumed|||||
|||41,264|||||0||
|shareholders at period-end||||voting rights at period-end (if|||||
|||||any)|||||
|Top 10 shareholders|||||||||
|Name of|Nature of|Shareholding|Total shares held||Restricted shares|Pledged or frozen shares|||
|shareholder|shareholder|percentage|at period-end||held at period-end|Status||Number|
|SHENZHENCONSTRUCTIONINVESTMENTHOLDINGSCORPORATION|State-ownedcorporation|54.33%|323,796,324||293,997,370||||
|SHENZHENINVESTMENTMANAGEMENTCORPORATION|State-ownedcorporation|9.49%|56,582,573||56,582,573||||
|DU XINYE|Domesticindividual|0.65%|3,880,800||||||
|ZHOU QUN|Domesticindividual|0.52%|3,115,450||||||
|DU YUNFENG|Domesticindividual|0.39%|2,323,000||||||
|SHENZHENDUTY-FREECOMMODITYENTERPRISES|Domesticnon-state-ownedcorporation|0.29%|1,730,300||1,730,300||||

ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form)
|||||||
|-|-|-|-|-|-|
|CO., LTD.||||||
|YANG YAOCHU|Domesticindividual|0.24%|1,410,620|||
|MAI FURONG|Domesticindividual|0.22%|1,330,500|||
|GAOYUANXIONG|Domesticindividual|0.19%|1,140,401|||
|CHEN LIYING|Domesticindividual|0.18%|1,102,051|||
|Top 10 non-restricted shareholders||||||
|||||Type of stock||
|Name of shareholder||Non-restricted shares held at period-end||||
|||||Type|Number|
|SHENZHEN CONSTRUCTIONINVESTMENT HOLDINGSCORPORATION||29,798,954||||
|||||RMB common||
||||||29,798,954|
|||||stock||
|DU XINYE||3,880,800||RMB common||
||||||3,880,800|
|||||stock||
|ZHOU QUN||3,115,450||RMB common||
||||||3,115,450|
|||||stock||
|DU YUNFENG||2,323,000||RMB common||
||||||2,323,000|
|||||stock||
|YANG YAOCHU||1,410,620||Domestically||
|||||listed stock for|1,410,620|
|||||foreign investors||
|MAI FURONG||1,330,500||Domestically||
|||||listed stock for|1,330,500|
|||||foreign investors||
|GAO YUANXIONG||1,140,401||RMB common||
||||||1,140,401|
|||||stock||
|CHEN LIYING||1,102,051||Domestically||
|||||listed stock for|1,102,051|
|||||foreign investors||
|LI JING||962,440||Domestically||
|||||listed stock for|962,440|
|||||foreign investors||
|CAO YIFAN||848,000||Domestically||
|||||listed stock for|848,000|
|||||foreign investors||
|Related or acting-in-concert parties||The first and second principal shareholders of the Company are managed by Shenzhen||||

ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form)
|||
|-|-|
|among shareholders above|Investment Holding Corporation, the actual controlling shareholder of the Company. And the|
||Company does not know whether there are related parties or acting-in-concert parties among|
||the other 8 shareholders.|
|Top 10 common shareholders||
|conducting securities margin trading|N/A|
|(if any)||

Indicate by tick mark whether any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company conducted any promissory repo during the Reporting Period.
□ Yea√ No
No such cases in the Reporting Period.
2. Total Number of Preference Shareholders and Shareholdings of Top 10 of Them at Period-End
□ Applicable√ Not applicable
ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) Part III Significant Events
I Changes in Key Consolidated Financial Statement Items and Reasons for Such Changes√ Applicable□ Not applicable
1. Accounts receivable increased45.30% from the December 31, 2016 amount to RMB45,864,363.96 on September 30, 2017, due primarily to a larger amount receivable by property management subsidiaries from house owners.
2. Prepayments decreased76.96% from the December 31, 2016 amount to RMB27,775,804.00 on September 30, 2017, due primarily to the reclassification of prepaid taxes as a result of project settlement.
3. Other accounts receivable increased62.59% from the December 31, 2016 amount to RMB15,515,173.88 on September 30, 2017, due primarily to increase in utilities, etc. paid by subsidiaries on behalf of their customers, which were not yet collected from these customers.
4. Inventories decreased30.70% from the December 31, 2016 amount to RMB1,791,881,804.12 on September 30, 2017, due primarily to project settlement.
5. Assets held for sale increased100.00% from the December 31, 2016 amount to RMB180,554,122.51 on September 30, 2017, due primarily to the reclassification as assets held for sale of theCompany’s equity interests in its two tax service subsidiaries, which were to be sold by the Company.
6. Other current assets increased37.90% from the December 31, 2016 amount to RMB15,138,340.13 on September 30, 2017, due primarily to increase in prepaid VAT.
7. Available-for-sale financial assets decreased79.36% from the December 31, 2016 amount to RMB3,613,241.23 on September 30, 2017, due primarily to the reclassification as assets held for sale of theCompany’s equity interests in its two tax service subsidiaries, which were to be sold by the Company.
8. Fixed assets decreased60.33% from the December 31, 2016 amount to RMB29,328,730.61 on September 30, 2017, due primarily to the reclassification as assets held for sale of theCompany’s equity interests in its two tax service subsidiaries, which were to be sold by the Company.
9. Intangible assets decreased100.00% from the December 31, 2016 amount to RMB0.00 on September 30, 2017, due primarily to the reclassification as assets held for sale of theCompany’s equity interests in its two tax service subsidiaries, which were to be sold by the Company.
10. Long-term deferred expense decreased33.53% from the December 31, 2016 amount to RMB994,612.92 on September 30, 2017, due primarily to the reclassification as assets held for sale of theCompany’s equity interests in its two tax service subsidiaries, which were to be sold by the Company.
11. Other non-current assets decreased100.00% from the December 31, 2016 amount to RMB0.00 on September 30, 2017, due primarily to the reclassification of other non-current assets as fixed assets.
12. Advances received decreased72.60% from the December 31, 2016 amount to RMB611,457,740.27 on September 30, 2017, due primarily to the shift from advances received from house buyers to sales revenue. 13. Liabilities held for sale increased100.00% from the December 31, 2016 amount to RMB104,681,866.58 on September 30, 2017, due primarily to the reclassification as liabilities held for sale of the liabilities of theCompany’s two tax service subsidiaries, whose equity interests were to be sold by the Company.
14. Provisions decreased100.00% from the December 31, 2016 amount to RMB0.00 on September 30, 2017, due
ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) primarily to payments associated with closed legal cases.
15. Deferred income decreased100.00% from the December 31, 2016 amount to RMB0.00 on September 30, 2017, due primarily to the reclassification as assets held for sale of theCompany’s equity interests in its two tax service subsidiaries, which were to be sold by the Company.
16. Other non-current liabilities decreased51.84% from the December 31, 2016 amount to RMB55,767,137.26 on September 30, 2017, due primarily to the reclassification as liabilities held for sale of the liabilities of theCompany’s two tax service subsidiaries, whose equity interests were to be sold by the Company.
17. Other comprehensive income decreased64.26% from the December 31, 2016 amount to RMB-1,145,810.31 on September 30, 2017, due primarily to lower income from translation of foreign currency-denominated financial statements caused by exchange rate fluctuations.
18. Retained earnings increased32.52% from the December 31, 2016 amount to RMB1,910,522,498.75 on September 30, 2017, due primarily to the margins achieved during the period January through September 2017. 19. The year-over-year increases of747.12% and400.78% in net sales to RMB1,335,581,077.17 and RMB2,652,727,809.60 during the period July through September 2017 and the period January through September 2017, respectively, primarily resulted from more real estate projects open for sale and a larger sold floor area. 20. The year-over-year increases of608.01% and234.01% in cost of sales to RMB921,480,304.17 and RMB1,420,061,473.10 during the period July through September 2017 and the period January through September 2017, respectively, primarily resulted from a larger sold floor area.
21. The year-over-year increases of5383.69% and1694.52% in taxes and surtaxes to RMB102,469,953.31 and RMB459,639,976.26 during the period July through September 2017 and the period January through September 2017, respectively, primarily resulted from higher land VAT, etc. driven by higher real estate income.
22. Finance costs were RMB-4,044,473.36 and RMB-21,808,246.88 during the period July through September 2017 and the period January through September 2017, respectively, with finance income (presented as negative finance costs) seeing a year-over-year decrease of42.54% and increase of54.92%, which primarily resulted from changes in interest income.
23. The year-over-year decrease of1557.08% in asset impairment losses to RMB-55,527,862.18 during the period January through September 2017 primarily resulted from the partial reversal in June 2017 of valuation allowances provided for the Banshan Yujing (Xuzhou) real estate project and the Hupan Yujing (Yangzhou) real estate project caused by rising housing prices.
24. The year-over-year decrease of37.44% in investment income (or investment income from joint ventures and associates) to RMB479,674.64 during the period July through September 2017 primarily resulted from lower earnings of joint ventures.
25. The year-over-year decrease of540.58% in net non-operating income/expense to RMB-4,710,818.43 during the period January through September 2017 primarily resulted from higher payments for legal matters.
26. The year-over-year increases of5905.10% and11781.67% in income tax expense to RMB67,850,203.05 and RMB171,473,516.73 during the period July through September 2017 and the period January through September 2017, respectively, primarily resulted from higher margins.
27. The year-over-year increases of8290.23%,9056.08% and10941.08% in operating margin, gross margin and net margin (attributable to the parent company), respectively, to RMB279,076,304.55, RMB279,661,079.37 and RMB211,810,876.32 during the period July through September 2017, as well as the year-over-year increases of11117.76%,13081.42% and8099.55% in the aforesaid three items, respectively, to RMB752,350,981.91, RMB747,640,163.48 and RMB576,166,646.75 during the period January through September 2017, primarily resulted from a significantly larger sold floor area.
ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) 28. The year-over-year increase of392.25% and decrease of172.17% in other comprehensive income, net of tax to RMB1,109,596.95 and RMB-448,261.61 during the period July through September 2017 and the period January through September 2017, respectively, primarily resulted from changes in differences arising from the translation of foreign currency-denominated financial statements caused by exchange rate fluctuations.
29. The year-over-year decrease of116.89% in net cash from operating activities to RMB-354,782,847.37 during the period January through September 2017 primarily resulted from decrease in payments collected from house buyers.
30. The year-over-year increase of2523.12% in net cash from investing activities to RMB95,047,565.61 during the period January through September 2017 primarily resulted from a partial payment received in this period for theCompany’s holdings in its two taxi service subsidiaries, which had been transferred.
31. Net cash from financing activities was RMB-107,246,594.16 during the period January through September 2017, with these net cash outflows seeing a year-over-year decrease of67.20%, which primarily resulted from a lower repayment amount for loans.
32. The year-over-year decrease of120.87% in net increase in cash and cash equivalents to RMB-369,690,697.88 during the period January through September 2017 primarily resulted from decrease in payments collected from house buyers.
II Progress, Influence and Solutions Associated with Significant Events
√ Applicable□ Not applicable
(1) The share transfer of two taxi companies under the control of the Company: for more details about the share transfer of two taxi companies under the control of the Company to Shenzhen Bus Group Co., Ltd., please refer to the relative announcements disclosed on June 30 and July 17 in 2017. As of the end of Report Period, the above issue has been approved on the shareholders meeting, and the Company has received51% of the contract value as the down payment from Shenzhen Bus Group Co., Ltd. At present, procedures of the share transfer are in progress.
In accordance with the ruled Accounting Standard, the total assets and liabilities of the above-mentioned two taxi companies are classified as available-for-sale in the consolidated financial statements. As of the end of Reporting Period, the total of available-for-sale assets is RMB180,550,000, of which, the cash on hand and at bank is RMB25,160,000, available-for-sale financial assets are RMB14,500,000, the investment property is RMB13,810,000, and the fixed assets and intangible assets are respectively RMB41,680,000 and RMB80,130,000. The total of available-for-sale liabilities is RMB104,680,000, of which, the payroll payable is RMB3,540,000, the other accounts payable are RMB27,990,000, the deferred income is RMB14,360,000 and the other non-current liabilities are RMB56,960,000.
As of the end of Reporting Period, the above two taxi companies have generated operating revenue of RMB44,900,000, operating expenses of RMB41,750,000, gross margin of RMB3.2 million, income tax expense of RMB680,000 as well as net margin of RMB2,520,000 (all attributable to the net margin of parent company). During the same period of last year, they had recorded RMB47,320,000 in operating revenue, RMB42,160,000 in operating expenses, RMB8.33 million in gross margin, RMB1.93 million in income tax expense as well as RMB6.4 million in net margin (all attributable to the net margin of parent company).
(2) TheCompany’s state-owned equity management: under the general deployment by the government in Shenzhen for the adjustment of state-owned assets management system, Shenzhen SASAC issued SZSASAC[2004] No. 223 on September 29, 2004 in which it decided to set up Shenzhen Investment Holdings Co., Ltd (hereinafter referred to as “SZIH”) taking the form of merger by new establishment. The merged parties involved in are Shenzhen Investment Management Co., Ltd. (hereinafter referred to as “SIM”), Shenzhen Construction Investment Holdings Corporation (hereinafter referred to as “SCIHC”) and Shenzhen Business Investment Holdings Corporation (hereinafter referred to as “SBIHC”). Shenzhen Properties& Resources Development (Group) Ltd. (hereinafter referred to as “SZPRD” or “the Company”) disclosed Indicative Announcement on State-owned Equity Management (No.
ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form) 2004-15) and Announcement on the Progress of theCompany’s State-owned Equity Management (No. 2016-20) on November 4, 2004 and October 15, 2016 respectively. SCIHC held 323,796,324 shares of SZPRD and SIM held 56,582,573 shares of SZPRD, which totally accounted for63.82% of the total shares of SZPRD.
After the issuing of the decision by Shenzhen SASAC on setting up SZIH taking the form of merger by new establishment, the Company keeps introducing this situation under the item ofShareholders’ Profile in annual reports since 2004 (including 2004) and showed investors that theCompany’s actual controlling shareholder is SZIH and that theCompany’s actual controller is Shenzhen SASAC.
The Company received the notice from its actual controlling shareholder SZIH on August 6, 2017 that it had acquired the control power over the Company through the acquisition of theCompany’s share held by SIM and SCIH taking the form of merger by new establishment (hereinafter referred to as “the Acquisition”). In accordance with relative regulations of the PRC Securities Law and Regulations Governing the Purchase of Listed Companies, SZIH should report to China Securities Regulatory Commission for exempting its obligation of tender offer. To handle the relative historical issues as soon as possible and ensure the stabilization of the governance structure and control power over listed companies, SZIH submitted the application to China Securities Regulatory Commission for exempting tender offer on August 9, 2017. For more details about the Acquisition, please refer to Abstract of the Report on the Acquisition of Shenzhen Properties& Resources Development (Group) Ltd.
On August 21, 2017, SZIH received the No. 171644 the First Feedback Notice on the Review of Administrative Permissive Projects from China Securities Regulatory Commission (hereinafter referred to as “Feedback”) issued by China Securities Regulatory Commission. At the request of China Securities Regulatory Commission, it shall submit its reply in written form and the electronic documents within 30 working days. And it could submit its application for delay in reply ifcan’t reply timely.
After the discussion with financial councils and lawyers, SZIH applies for delay in reply to November 16, 2017 to China Securities Regulatory Commission. After the improvement of relative issues, the reply and relevant materials will be submitted to China Securities Regulatory Commission.
||||
|-|-|-|
|Announcement of significant event|Disclosure date|Disclosure website|
|The share transfer of two taxi companiesunder the control of the Company||No. 2017-30 Announcement on the Share|
|||Transfer in Whole of Two Taxi Companies|
||06/30/2017|under the Control of the Company to|
|||Shenzhen Bus Group Co., Ltd. on|
|||www.cninfo.com.cn|
|||No. 2017-32 Announcement on Resolution|
|||of the First Special Meeting of|
||07/17/2017||
|||Shareholders in 2017 on|
|||www.cninfo.com.cn|
|Management of state-owned shares held bythe Company||No. 2017-33 Announcement on the|
|||Progress of the Company’s State-owned|
|||Equity Management, Abstract of the|
||08/07/2017||
|||Report on the Acquisition, and|
|||Shareholding Alteration Report (Short|
|||Form) on www.cninfo.com.cn|
|||No. 2017-40 Announcement on the|
|||Application from the Actual controlling|
||09/27/2017|Shareholder Shenzhen Investment|
|||Holding Co., Ltd. for Delay in Reply to|
|||the First Feedback Notice on the Review|

ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form)
||
|-|
|of Administrative Permissive Projects|
|from China Securities Regulatory|
|Commission on www.cninfo.com.cn|

 III Commitments that theCompany’s Actual Controller, Shareholders, Related Parties and Acquirers, as well as the Company and Other Commitment Makers, Failed to Fulfill on Time during Reporting Period
□ Applicable√ Not applicable
No such cases in the Reporting Period.
IV Forecast of 2017 Annual Operating Results
Warning of a possible loss on or a significant year-over-year change in accumulative net margin during the period the beginning of the current year through the end of the next reporting period, as well as the reasons:
√ Applicable□ Not applicable
Forecast: Considerable increase at the same direction
Type of the forecast data: exact data
||||||
|-|-|-|-|-|
||2017|2016|Change||
|Forecast accumulative net|||||
||60,000|35,486|Up|69.08%|
|margin (RMB'0,000)|||||
|Basic earnings per share|||||
||1.0067|0.5954|Up|69.08%|
|(RMB/share)|||||
||The business performance is expected to record a significant change because the projects and the||||
||area of all projects available for settlement for 2017 increases considerably from the same period of||||
||last year. The forecasts above are only preliminary estimates provided according to the current sales||||
|Note|||||
||of the Company’s real estate projects. Investors are kindly reminded to note that the actual earnings||||
||of the Company for Y2017 shall be subject to the data to be given in the 2017 Annual Report of the||||
||Company.||||

V Securities Investments
√ Applicable□ Not applicable
|||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
|||||||Profit/lo||||||||
||||||||||||||Source|
|Variety||||||ss on|Cumulat|Purchas||Profit/lo||||
||Code of|Name of|Initial|Account||fair|ive fair|ed in|Sold in|ss in|||of|
|of||||ing|Opening|value|value||this||Closing|Account||
||securitie|securitie|investm|measure|book|changes|changes|this|Reporti|this|book||investm|
|securitie||||||||Reporti||Reporti||ing title||
||s|s|ent cost|ment|value|in this|charged|ng|ng|ng|value||ent|
|s||||model||Reporti|to||Period|||||
|||||||ng|equity|Period||Period|||funds|
|||||||Period||||||||
|Domesti|400016|||Fair||||||||Availabl|Acquire|
|||PTJTA,|3,565,8||3,003,7|||609,527|||3,613,2|||
|c/overse|、|||value||||||||e-for-sal|d from|
|||PTJTB|56.06||14.14|||.09|||41.23|||
|as stock|420016|||method||||||||e|the|

ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form)
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
|||||||||||financia|debt|
|||||||||||l asset|reorga|
||||||||||||nizatio|
||||||||||||n of|
||||||||||||JINTI|
||||||||||||AN|
||||||||||||INDU|
||||||||||||STRY|
||||||||||||(GRO|
||||||||||||UP)|
||||||||||||CO.,|
||||||||||||LTD.|
||3,565,8||3,003,7|||609,527|||3,613,2|||
|Total||--||0.00|0.00||0.00|0.00||--|--|
||56.06||14.14|||.09|||41.23|||
|Disclosure date of theannouncement about theboard’s consent for thesecurities investment||||||||||||
|Disclosure date of theannouncement about the||||||||||||
|general meeting’s consent||||||||||||
|for the securitiesinvestment (if any)||||||||||||

VI Investments in Derivative Financial Instruments
□ Applicable√ Not applicable
No such cases in the Reporting Period.
VII Visits Paid to the Company for Purposes of Research, Communication, Interview, etc. during Reporting Period
√ Applicable□ Not applicable
|||||
|-|-|-|-|
|Date of visit|Way of visit|Type of visitor|About|
||||Progress of the Company’s state-owned|
|07/03/2017|By phone|Individual||
||||equity management|
||||Performance of the Company in the first|
|07/11/2017|By phone|Individual||
||||half of 2017|
||||Progress of the share transfer of two taxi|
|07/17/2017|By phone|Individual|companies under the control of the|
||||Company|

ShenZhen Properties& Resources Development (Group) Ltd. Third Quarter Report 2017 (Short Form)
|||||
|-|-|-|-|
||||Performance of the Company in the first|
|07/20/2017|By phone|Individual||
||||half of 2017|
||||Future development strategy of the|
|08/04/2017|By phone|Individual||
||||Company|

VIII Irregularities Arising from Provision of Guarantees for Third Parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.
IX Occupation of theCompany’s Funds by Its Controlling Shareholder or Related Parties for Non-Operating Purposes
□ Applicable√ Not applicable
No such cases in the Reporting Period.
X Targeted Measures Taken to Help People Lift Themselves out of Poverty
The Company did not take such measures in the third quarter of the year and has no such plans for now.