Shenzhen International Holdings Ltd. Announces New Land Preparation Agreement for South China Logistics Park

Reuters

Jul 25

<a href="https://laohu8.com/S/SZIHF">Shenzhen International Holdings Ltd.</a> Announces New Land Preparation Agreement for South China Logistics Park

Shenzhen International Holdings Ltd. has announced updates regarding the transformation and upgrading of the South China Logistics Park Phase I. The company has entered into a land consolidation and preparation supervision agreement with various Shenzhen municipal bureaus for the development of a land parcel with an area of approximately 530,000 square meters. This agreement is part of the South China Transformation Project. The project is expected to enhance the Group's long-term sustainable development. In 2024, the Group recognized profits of approximately HK$2,367 million from this initiative, and due to a lower-than-estimated final land use right transfer price, it anticipates an additional post-tax profit of around RMB49.89 million for 2025. The final amount will be determined following the audit results by the Group's auditor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shenzhen International Holdings Ltd. published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces New Land Preparation Agreement for South China Logistics Park","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SZIHF\">Shenzhen International Holdings Ltd.</a> Announces New Land Preparation Agreement for South China Logistics Park\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Shenzhen International Holdings Ltd. has announced updates regarding the transformation and upgrading of the South China Logistics Park Phase I. The company has entered into a land consolidation and preparation supervision agreement with various Shenzhen municipal bureaus for the development of a land parcel with an area of approximately 530,000 square meters. This agreement is part of the South China Transformation Project. 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Announces New Land Preparation Agreement for South China Logistics Park\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-25 17:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SZIHF\">Shenzhen International Holdings Ltd.</a> Announces New Land Preparation Agreement for South China Logistics Park\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Shenzhen International Holdings Ltd. has announced updates regarding the transformation and upgrading of the South China Logistics Park Phase I. 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The company has entered into a land consolidation and preparation supervision agreement with various Shenzhen municipal bureaus for the development of a land parcel with an area of approximately 530,000 square meters. This agreement is part of the South China Transformation Project. The project is expected to enhance the Group's long-term sustainable development. In 2024, the Group recognized profits of approximately HK$2,367 million from this initiative, and due to a lower-than-estimated final land use right transfer price, it anticipates an additional post-tax profit of around RMB49.89 million for 2025. The final amount will be determined following the audit results by the Group's auditor.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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