[For Immediate Release]

Shenzhen Investment wins a prime complex project in Western Greater Bay Area together with Vanke

(24 June 2021 - ) Investment Limited (“SZI” or the “Group”, SEHK stock code: 604.HK) is pleased to announce that the Group collaborates with Vanke and wins the bid for a super complex project which is located in Plot Dongwuwei, Cuiheng New , City, Province at RMB8.19 billion.

Strategically located at the gateway to the west bank of The Pearl River (“Zhujiang”) and adjacent to Free Trade Zone, the land parcel is in the core area of the Science City of Cuiheng New District. It covers an area of approximately 669,000 sq. m. (1,003 mu), with a total gross floor area of 1.55 million sq. m. The project is set to become the most influential super complex in the western Greater Bay Area and the landmark of Cuiheng New District that houses the iconic twin-skyscrapers "The Gate of the Future", the convention and exhibition center, the joint inspection building, a Lingnan-style street with cultural tourism and commercial and cultural facilities, primary and secondary schools, high-end apartments and large residential communities. The project is expected to greatly alleviate the urban image of the entire new district upon completion.

The industrial and urban areas of Shenzhen and Zhongshan get to rejuvenate as the construction of the Shenzhen-Zhongshan Bridge which connects the two banks of the Pearl River has sped up. The project is located at the bridgehead of Zhongshan upon the Shenzhen-Zhongshan Bridge. It will be the first stop for the expansion of Shenzhen metropolitan area toward the west bank of the Pearl River and the starting point for industry collaboration between Shenzhen and Zhongshan.

This successful tender in Zhongshan is a significant step for the Group to achieve its vast expansion set in the "14th Five-Year Plan". It is also a milestone for a company under the Shenzhen SASAC flagship to fully participate in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. Going forward, SZI will continue to implement the strategic plan for the Guangdong-Hong Kong-Macao Greater Bay Area and be a pioneer in the development of the Greater Bay Area.

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For enquiry, please contact: Shenzhen Investment Limited Nicole Zhou [email protected] Mabel Xiao [email protected] Tel: (852) 2312 8746

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