Shenzhen Property A announced that the company plans to sign “Supplementary Agreement 4 to the Entrusted Management Agreement” with Shenzhen Investment Holdings and Shenzhen Investment Development. The entrustment period is from January 1 to December 31, 2026, which constitutes a related transaction. The target assets were adjusted to 32 items, with a management area of 210,837.86 square meters. The company pays a share of the previous year's rental income to Shenzhen Investment Development at 25% of the total annual rental revenue. This related transaction is expected to increase the company's revenue by about 70 million yuan. The funds will be used for operating turnover and will not adversely affect the company. As of December 31, 2025, the company and Shenzhen Investment Development had accumulated a total of 649.407 million yuan in related transactions.

Shenzhen Property A announced that the company plans to sign “Supplementary Agreement 4 to the Entrusted Management Agreement” with Shenzhen Investment Holdings and Shenzhen Investment Development. The entrustment period is from January 1 to December 31, 2026, which constitutes a related transaction. The target assets were adjusted to 32 items, with a management area of 210,837.86 square meters. The company pays a share of the previous year's rental income to Shenzhen Investment Development at 25% of the total annual rental revenue. This related transaction is expected to increase the company's revenue by about 70 million yuan. The funds will be used for operating turnover and will not adversely affect the company. As of December 31, 2025, the company and Shenzhen Investment Development had accumulated a total of 649.407 million yuan in related transactions.