Seazen Group Limited — Capital/Financing Update 2021

Dec 1, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [157 x 63] intentionally omitted <==

SEAZEN GROUP LIMITED 新城發展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1030)

UNAUDITED OPERATING STATISTICS AND LAND ACQUISITION INFORMATION FOR NOVEMBER 2021

UNAUDITED OPERATING STATISTICS

The board (the “ Board ”) of directors (the “ Directors ”) of Seazen Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) is pleased to announce that in November 2021, the Group achieved contracted sales of approximately RMB20.056 billion, and contracted sales area of approximately 2,133,300 sq.m.

The aggregate contracted sales from January to November 2021 amounted to approximately RMB212.967 billion. The aggregate sales area was approximately 20,963,200 sq.m.

LAND ACQUISITION

The Company obtained the land parcel No. 2021A-54 in Rizhao City, Shandong Province* (山東 省日照市編號為2021A-54號地塊) by way of bidding and auction. The land parcel is located on the South of Xinghai Road and East of Dongguan South Road in Rizhao City* (日照市興海路 以南、東關南路以東). It occupies a transferred land area of 1,343.17 sq.m., and is planned for commercial uses with a plot ratio of ≤2.5. The plot-ratio gross floor area is approximately 3,357.93 sq.m. The Group is obliged to pay a land premium of RMB5,700,000.

1

The sales data as disclosed above is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such sales information. As such, the above data is provided for the reference of shareholders and potential investors of the Company only. Shareholders and potential investors of the Company are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, shareholders and potential investors of the Company are advised to seek professional advice from professionals or financial advisers.

By order of the Board Seazen Group Limited Wang Xiaosong Chairman

PRC, 1 December 2021

As at the date of this announcement, the Directors are Mr. Lv Xiaoping and Mr. Lu Zhongming as executive Directors, Mr. Wang Xiaosong, Mr. Qu Dejun and Mr. Zhang Shengman as non-executive Directors, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.

• Denotes English translation of the name of a Chinese company or entity or address and is provided for identification purpose only.

2