Seazen Group Limited — Capital/Financing Update 2023

Jun 6, 2023

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.

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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 FOR MAY 2023

CONTRACTED SALES

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 May 2023, the Group achieved contracted sales of approximately RMB7.033 billion, and contracted sales area of approximately 903,600 sq.m.

Between January and May 2023, the aggregated contracted sales amounted to approximately RMB35.700 billion, and the aggregated sales area amounted to approximately 4,223,000 sq.m.

PROPERTY LEASES

In May 2023, the Group had a total of 146 properties for lease, with a total gross floor area of approximately 13,614,200 sq.m. The rental income* for May 2023 amounted to approximately RMB0.856 billion, and commercial operating income** for May 2023 amounted to approximately RMB0.917 billion (i.e. tax-included rental income).

Between January and May 2023, the aggregated rental income* amounted to approximately RMB3.980 billion, and the aggregated commercial operating income** amounted to approximately RMB4.263 billion (i.e. tax-included rental income).

*: Rental income includes rentals, management fee, carpark, various operation and other sporadic management income.

**: Commercial operating income includes rentals, management fee, carpark, various operation and other sporadic management income from shops, office buildings and shopping centres.

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The sales data and property lease data as disclosed above are unaudited and are 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 collecting such 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

The PRC, 6 June 2023

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

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