SHENZHEN INVEST (00604.HK): Q3 Contracted Sales RMB 1.814bn; Holiday Subscriptions RMB 886mn

NewTimeSpace News: On 19 October 2026, Shenzhen Investment Limited (the "Company") announced its key business progress for the third quarter of 2026. In property development, the Group's unaudited contracted sales for the third quarter of 2026 amounted to approximately RMB 1.814 billion, with contracted sales area of approximately 85,800 square metres; during the Mid-Autumn and National Day holidays, the Group organised the "Energising the Double Festival, Renewing Ten Thousand Homes" marketing campaign and achieved cumulative subscription sales of approximately RMB 886 million, with key projects in Shenzhen (such as Yiyue Mansion, Shanshui Dongcheng and Shenye Yunzhu) selling steadily and projects in Zhongshan and Chengdu also performing well.

The announcement disclosed that, in commercial operations, Shenye UpperHills focused on international accessible luxury and trend-led retail, with Chinese mainland's first CoachPlay concept store officially opening on 25 September, followed by the Shenzhen debut of Turkish chef brand CZN BURAK GURME and the Futian debut of century-old British brand HUNTER, forming a "first store, first show, first launch" clustering effect. During the holidays, Shenye UpperHills ran the "International Arts Journey" programme featuring the bespoke original environmental theatre "Voices of the World" and the Shenzhen premiere of the giant puppet parade "Don Quixote", alongside market IPs such as the Shenzhen Star Chef food fair and the fizzybizzy wine festival; footfall reached about 180,000 on 1 October alone, and cumulative footfall in the first four days of the holiday grew nearly 30% year on year.

The Company stated that, in hotel and park operations, The Mandarin Oriental, Shenzhen was ranked 90th in the 51-100 band of the 2026 World's 50 Best Hotels on 1 September, with its MO Bar ranked 5th in Asia's 50 Best Bars 2026, the highest-ranked hotel bar in Asia; Bijia Mountain Sports Park, serviced by the Group, won the 2026 "Excellence in New Parks" award from the World Urban Parks (WUP), and its footfall during the holidays grew nearly 40% year on year. In property management, Shenye Operation won the tender for the Shenzhen Cultural Centre's new venue, the largest single-building cultural centre in China with a total gross floor area of 83,300 square metres, and received nine accolades including "2026 China Top 100 Property Service Enterprises" at a conference hosted by CRIC Property Management on 2 September. The Company said it will continue to transform its core business into an "real estate asset management and urban comprehensive operation service provider".