SHENZHEN INVEST (00604.HK): warehouse listed at RMB 493 million
- The property covers floors one to six of buildings 830 and 831 at Sungang, Luohu, with about 33,468.24 sq m of registered gross floor area zoned for warehouse use.
- The reserve price is RMB 492,915,251.52.
NewTimeSpace News: On 9 November 2026, Shenzhen Investment Limited (Stock Code: 00604) said indirect non-wholly-owned subsidiary Shenye Taifu Logistics Group proposed to sell a six-storey Shenzhen warehouse via the Shenzhen United Property and Equity Exchange. The property has about 33,468.24 sq m of registered gross floor area, is zoned for warehouse use and carries no dispute or encumbrance.
The announcement shows the reserve price is RMB 492,915,251.52, set after an independent valuation dated 14 April 2026. Bidders must pay a RMB 51.4 million deposit, about 10.4% of the reserve, and the highest qualifying bid at or above it wins, with Shenye Taifu to sign a transfer agreement within five working days. The highest applicable percentage ratio is expected to exceed 5% but stay below 25%, so a sale may be a disclosable transaction exempt from circular and shareholder approval. No binding agreement has been signed and the sale may not proceed.
