深圳国际2025年中期报告

2456835404448505120255457 5960626364666792 + 20256 30 www.szihl.com 00152 202314837220231483982023148465 • UFJ Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda 222206-2208 1617 8045 26217 Clarendon House2 Church StreetHamilton HM 11Bermuda 2025 20256 3066.7025%4.90REIT5.87 9.8712%98%793 202520256 30415367187% 6,8749%2.032.90 20257 13%13.9472%1,204 42.204%21%11.1412%4.84 6.718.5822%1,4792,620 + 20256 30415367187% 2025B2C ESG 20256 301611752154.589% 20235G 2024 4.521.7 +20242023 3.29.1 20+89+22024202412 1228.6 26.79.4 14.3 (AEO) 9.1 7+30+NLEED2024202542026 7.515.9 2024 7.68.9 20253 2032.9 2024 5.86.6 2025 15.718.5 2026 1010.8 2024 119 +2026 9.610.9 20256 30354251786% 3150 +++ 2010743A12025 113220241220257IPBREEAM2026 41.755.8 9.25.7 29.822.7 + 1111.7 42.232.5 17.211.9 -- 31.22025 2024REITREIT REIT2024 7 9REIT20256 30REIT30%1,730 REIT2025 5REITs REIT 21.3 14.7 202120212022 REITsREITsPre-REITsREIT 20218 201992334 +20256 851124202552025 20256.4+ 11.814.3- 202531002025202542026 27477,000202587858292025120254 5G +++3C 20256 3025.12.824.2 20246.54.93.12025 5.22024+ 3.320252 W9W2W9202570.7W23.12026 20212021 ++++ SAASEDIEIREDIEDIEIR(China (Shenzhen) International Trade Single Window)20256 30186199% AI + ++2025620257 + 630 9.8712%79398% 7.855%90%5,591REIT5.87 2.0247%4,798 83.731239192.58147.17 (1)12.02(2)50%(3)2022(4)(5)50% 50%4.5240.352024852.50.520256 20216202312 ••202292.520256 3072% 202173.5LEED-CSAIoT+20256 3075%92% 2.18 2020 20231053108,749694,16028,950665,210577,61087,600 2025702-20-0421,968126,5202.662.92202423.6720254,9895,372 6.2205G202498%5006520256 3065% 122211961 202532024 630 6,8749%202432.032.90 2+3 20256 30223,300 2025 70%20105,000152721040 202520251731,086219 70%2023122101555,0003,4705 20252025 2025111.8+20251271,07772% 55.32%261,0003,000 4440202332025125 20%101,0003,000 6600202372025115 97.1%23,0005,000400 20252027 630 13%13.9472%1,204 47.30%HA1619135072 (1) (2)2013201920246 30 (3)20211 1202412 313202412 31 2420251 1 0 (4)71.83%50%45% 20246 • •2025320254 • • •-20246 30 108512020129.352022116.8A20% G1543620192.30812% 122.8671.132023202347.0720256 A 20253 27357,085,801A13.1746.7975,930,144AA51.56%47.30% 26.3820243 214%10.53 6,300185,126.5BOT 92.29%194,600154 202521,00010010020171250020249200 63.33% 20256 30668202473.40 (8) (1)(2)(3)(4)32(5)49.5(6)20(7)(8) 20%601158601827 11.25%301038 8.082%9,53220241.57 20252,0373277%8% 2%164.02176.632%153.27165.058.348.985.415.892023 20256 3023432028733 202115.6510.69 202400139120256 308.76%202572024100.656,948 2025 2025 + 2025 REITREITs ESG ESGESGESG 2025 20256 301,442.73596.98331.7513.61%59%195%2 14.3176.7048.55 20256 3086.87202412 3196.7010% 475213.619.710.420257784213715333,278總借貸－貨幣單位港幣百萬元 20256 30654.138%3830%55%15%1255 2024 20256 3093%7% 20256 301,333 Baa2BBBBBBAAA 20256 301626 3 20256 308,83920248,6758.0720247.89 40516814 609120256 303434 2410 34 •20258 27 20256 30 (a)20254 21202012 4404,307,560,0002020202020204,307,560,000 (b)20256 30A (i)A 20253 27357,085,801A13.1747.0375,930,144A281,155,6573,702,820,0003,963,627,00018,569,00019,877,000 (ii) 20254 1620255 13404,307,560,000 3,858,0004,155,000 1. •• Clarendon House, 2Church Street, Hamilton HM11, Bermuda 20256 30Ultrarich International LimitedUltrarich1,058,717,98343.323%Ultrarich 100%Ultrarich43.323%364,5000.015%43.338% 20256 307,595,658,00027 20256 30124,636,093,000202412 31110,731,356,000 2. 3434D2 202412 31 3. 20256 30202412 31 20251 1 21 4. 202412 31 12 4. (b)A51.56%47.30% 5. •• (i)(ii) (i)(ii)(iii)(iv) 5. 20256 3020246 30 5. 20246 30 6. (i) 0.621.516 (ii) 20256 30163,558,00020246 30166,934,000912,541,00020246301,225,723,000 20256 30898,464,00020246 301,219,561,0001,875,687,00020246 301,405,520,00020246 30112,903,000 (a)20256 30202412 31 (b)20246 304.484.848.198.9130%REIT40%REIT 8. 9. 9. (a)20256 30202412 31REITs(b)20256 3058,200,00052,358,000202450,838,000(c)20256 30202412 31(d)20256 30202412 31(e)20256 30902700.60%2.30% 10. (a)120 13. 202310 31530,000 202412 31173,000202423,019,00025,571,0003,322,550,0003,534,628,000332,255,000363,876,0003,157,598,000 20256 30 20257 24 16. 16. 16. (e)20256 301516.152701.64% 202412 311515.962701.75%1515.96802.03% 17. (a)236,265,00020241231276,215,000 (b)840,518,000202412 31762,552,000 (b) (i)3.1%(ii)2.9%(iii) 19. 21. 22. 23. 25%20246 3025% 30%60% 24. (a) (b) 25. 20246 3020241,440,964,0000.59820256 20255 934,096,5207.102242,154,0001,198,810,00020256 26. 20256 30741,159,000 (a)2022140,000,00020248152,590,000 (b)2023202022,640,000129,727,000(c)124,245,000(d)334,597,000 20256 30 27. 20251 2432.8520256 30 28. •;•• (a) (b) (c) 20256 3020256 3020256 30 28. (c) (i)20256 305%26,873,000 (ii) (iii)20256 30202412 31 29. 1(1)(2)(3) (a)201612 16,970,0007,50