深物业B：2025年年度报告（英文版）

2025AnnualReport (AnnouncementNo.:2026-06) [March2026] 2025AnnualReport SectionIImportantNotes,TableofContentsandInterpretations TheBoardofDirectors,thedirectors,andtheexecutivesoftheCompanyguaranteethattherearenosignificantomissions,fictitiousormisleadingstatementscarriedintheReportandwewillacceptindividualandjointresponsibilitiesforthetruthfulness,accuracyandcompletenessoftheReport. PrincipalTANGXiaoping,ChiefFinanceOfficerLIUQiangandChiefAccountant(accountingofficer)CAIKelindeclarethattheyguaranteetheauthenticity,accuracyandcompletenessofthefinancialreportintheAnnualReport. Alldirectorsattendedtheboardmeetingatwhichthisreportwasconsidered. Partof the Company's annual report involves the description of future business plans orbusinessworkarrangements.TheimplementationofrelevantplansorarrangementsisaffectedbymanyfactorsanddoesnotconstitutetheCompany'ssubstantivecommitmenttoinvestors.Investorsandrelevantpersonsshouldmaintainsufficientriskawarenessandunderstandthedifferencesbetweenplans,forecastsandcommitments. TheBoardhasapprovedafinaldividendplanasfollows:basedonthetotalsharecapitalof595,979,092shares,acashdividendofRMB0.20(taxinclusive)per10sharesistobedistributedtotheshareholders,withnobonusissuefromeitherprofitorcapitalreserves. TABLEOFCONTENTS SectionIImportantNotes,TableofContentsandInterpretations...........................................................2SectionIICompanyProfileandMajorFinancialIndicators........................................................................6SectionIIIManagement'sDiscussionandAnalysis...................................................................................12SectionIVCorporategovernance,EnvironmentandSociety..................................................................43SectionVSignificantEvents..............................................................................................................................69SectionVIChangesinSharesandShareholders........................................................................................84SectionVIIBonds..................................................................................................................................................91SectionVIIIFinancialStatements.....................................................................................................................95 ListofReferenceDocuments I.FinancialstatementssignedandsealedbytheCompany'sPrincipal,ChiefFinanceOfficer,andChiefAccountant(accountingofficer). II.Theoriginalauditreportbearingthesealoftheaccountingfirmandthesignatureandsealofthecertifiedpublicaccountant. III.TheoriginalsofalltheCompany'sdocumentsandannouncementsthathavebeenpubliclydisclosedduringthereportingperiod. Interpretations SectionIICompanyProfileandMajorFinancialIndicators I.InformationabouttheCompany II.Contactpersonandcontactinformation III.Informationdisclosureandstoragelocation IV.Registrationchanges V.Otherrelevantinformation AccountingfirmengagedbytheCompany SponsorengagedbytheCompanytoperformcontinuoussupervisionduringthereportingperiod □ApplicableNotapplicable FinancialconsultantengagedbytheCompanytoperformcontinuoussupervisionduringthereportingperiod □ApplicableNotapplicable VI.Mainaccountingdataandfinancialindicators WhethertheCompanyneedstoretroactivelyadjustorrestatetheaccountingdataofpreviousyears ☐YesNo ThenetprofitoftheCompanyinthelastthreefiscalyearsbeforeandafterdeductingnon-recurringprofitorlossisnegative,andtheauditreportofthelatestyearshowsthatthegoing-concernabilityoftheCompanyisuncertain ☐YesNo ThelowestoftheCompany'sauditedtotalprofit,netprofit,andnetprofitattributabletothelistedcompany’sshareholdersafterexceptionalgainsandlossesduringthereportingperiodwasnegative. VII.Differencesbetweenaccountingdataunderdomesticandforeignaccountingstandards 1.DifferencesinnetprofitandnetassetsinthefinancialreportsdisclosedinaccordancewiththeinternationalaccountingstandardsandtheChineseaccountingstandards □ApplicableNotapplicable DuringthereportingperiodoftheCompany,therewasnodifferenceinnetprofitsandnetassetsinfinancialreportsdisclosedinaccordancewithinternationalaccountingstandardsandChineseaccountingstandards 2.DifferencesinnetprofitandnetassetsinfinancialreportsdisclosedinaccordancewithboththeinternationalaccountingstandardsandChineseaccountingstandards □ApplicableNotapplicable DuringthereportingperiodoftheCompany,therewasnodifferenceinnetprofitsandnetassetsinfinancialreportsdisclosedinaccordancewiththeinternationalaccountingstandardsandChineseaccountingstandards VIII.Mainfinancialindicatorsbyquarter Unit:RMB WhethertheabovefinancialindicatorsortheiraggregatearesignificantlydifferentfromthefinancialindicatorsrelatedtotheCompany'sdisclosedquarterlyandsemi-annualreports IX.Non-recurringprofitorlossitemsandamounts Applicable☐Notapplicable Unit:RMB □ApplicableNotapplicable TheCompanyhadnospecificprofitorlossitemsthatmeetthedefinitionofnon-recurringprofitorloss.Notesonthedefinitionoft