China Merchants Property Shanghai

China Merchants Shekou Industrial Zone Holdings Co., Ltd.

(referred to as "China Merchants Property"), is a platform enterprise under China Merchants Group engaged in property asset management and services, and is a leading A-share property management enterprise with stock code 001914. China Merchants Property has been awarded honors such as "2025 China Property Service Enterprise Service Capability Top 3" and "2024 China Property Service Enterprise Comprehensive Strength Top 3". On February 24, 2022, China Merchants Property received approval from the State-owned Assets Supervision and Administration Commission to be selected for the "Double Hundred Action" of state-owned enterprise reform.

China Merchants Property has defined its "12347" development strategy, with "Large Property" and "Large Asset Management" as its core businesses, adhering to the development principles of "lightweight, scale, technology, and marketization" (the "Four Modernizations"), building a corporate culture of "benevolence and progress", creating a comprehensive cloud technology platform business model of "Fertile Soil, Cloud, and Forest", and deeply cultivating three major businesses: basic property services, value-added services from the Daojiahui Mall cloud platform, and professional value-added services such as healthcare and nursing, comprehensive facility operations, building technology, construction technology, Nanguang Elevator, China Merchants Real Estate, and Zhenggan Dry Cleaning. At the same time, it develops asset management business mainly consisting of commercial operations, leasing and operation of owned properties, providing customers with comprehensive solutions for all business formats, the full value chain, and all scenarios.

China Merchants Property's business is highly market-oriented and diversified, covering residential properties as well as non-residential properties such as offices, commercial areas, industrial parks, government, schools, public facilities, and urban spaces. China Merchants Property always treats customer satisfaction as its lifeline and continuously improves service quality. As of the end of the first quarter of 2025, China Merchants Property's basic property services have entered more than 160 cities nationwide, managing an area of 371 million square meters, and it enjoys good brand awareness and reputation in the non-residential sector. China Merchants Property has served as the secretariat of the National Property Service Standardization Technical Committee (SAC/TC 560) and the Guangdong Province Property Service Standardization Technical Committee (GD/TC 56), and has led or participated in more than 10 research topics for the Ministry of Housing and Urban-Rural Development, the China Property Management Association, the Shenzhen Market Supervision Administration (Shenzhen Intellectual Property Office), and other institutions, winning multiple awards; it has led or participated in more than 30 national, local, and group standards.