Shenzhen Properties & Resources Development (Group) Ltd 2022 Annual Report with Sustainability Disclosures
Company: Shenzhen Properties & Resources Development (Group) Ltd
Sector: Real estate
Country: China
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 236
The report describes a difficult real-estate market but continued group growth across property development, property management and rental operations, with 2022 operating revenue of more than RMB3.7 billion. The company completed acquisitions of five property-management enterprises and expanded its managed property area beyond 35 million square meters. Its social-responsibility highlights include RMB50.36 million of rental reductions benefiting small businesses and other tenants, plus a group-wide blood-donation campaign involving 415 people. The report also states that no major environmental violations or environmental-protection administrative penalties occurred during the period.
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