Securities code: 001979 Securities abbreviation: China Merchants Shekou Announcement No.: [CMSK] 2019-040 Announcement of China Merchants Shekou Industrial Zone Holdings Co., Ltd. on providing guarantees for joint venture companies. The company and all members of the board of dir

Securities code: 001979 Securities abbreviation: China Merchants Shekou Announcement number: [CMSK] 2019-040

China Merchants Shekou Industrial Zone Holdings Co., Ltd.

Announcement on providing guarantees for joint ventures

The company and all members of the board of directors ensure that the content of the announcement is true, accurate and complete, and there are no false records, misleading statements or major omissions

1. Overview of the guarantee situation

To promote the progress and progress of the joint ventures To develop development, China Merchants Shekou Industrial Zone Holdings Co., Ltd. (hereinafter referred to as "the company" or "China Merchants Shekou") intends to provide guarantees for the following joint ventures in accordance with the capital contribution ratio. The specific situation is as follows:

unit: 10,000 yuan

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The above joint ventures of the company can negotiate specific guarantee conditions with banks and financial institutions within the maximum approved guarantee amount based on their own financing needs. If a guarantee exceeds the maximum guarantee amount, the company will perform the corresponding approval procedures in accordance with the relevant provisions of the China Securities Regulatory Commission's "Notice on Regulating the External Guarantee Behavior of Listed Companies" (Securities and Supervision [2005] No. 120), the Shenzhen Stock Exchange's "Stock Listing Rules" and other legal documents.

On March 15, 2019, the Company held the first meeting of the second board of directors to review the above-mentioned guarantee matters. The meeting reviewed and passed the "Proposal on Deliberation of Proposal on Provide Guarantees for Joint Ventures" with 8 votes of agreement, 0 votes against and 0 abstentions (the resolution of this proposal is valid for 12 months after the review and approval of the general meeting of shareholders), and the independent directors expressed their independent opinions. This proposal still needs to be submitted to the company's shareholders' meeting for deliberation.

2. Basic information of the guarantor

1. Shenzhen Zhaohua International Exhibition Operation Co., Ltd.

The company was established on May 5, 2017. Its registered address is: Building 7, Commercial City (A122-0297) on the northeast side of Jiangangshan Guangshen Expressway, Xin'an Street, Bao'an District, Shenzhen; Legal representative: Lu Tao; registered capital of 10 million yuan, and the investment ratio of China Merchants Shekou is 50%. Business scope: planning and operation management of conferences and exhibition activities; venue operation management; venue leasing and related information consultation (excluding trust, securities, futures, insurance and other financial services); investment in hotel and catering projects (specific projects will be declared separately); planning of cultural performances and cultural activities; operating advertising business; import and export business; domestic trade.

Other partners: Shenzhen OCT Real Estate Co., Ltd. (capital contribution ratio 50%).

main financial indicators: As of December 31, 2018, the total assets were RMB 16.05 million, the total liabilities were RMB 40.6 million, and the net assets were -24.55 million; in 2018, the company had no operating income and net profit was RMB 28.65 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

2, Dongguan Jingyuan Real Estate Development Co., Ltd.

The company was established on December 11, 2017, with a registered address: 2nd Floor, No. 40 Commercial Street, Changping Town, Dongguan City, Guangdong Province; Legal representative: Zhang Xiaofeng; registered capital of 100 million yuan, and the investment ratio of China Merchants Shekou is 11.67%. Business scope: real estate project investment, real estate development and operation; business planning, commercial information consulting, industrial investment; equity investment; environmental protection project investment; infrastructure investment; tourism project investment; construction project construction, engineering supervision, engineering bidding agency, indoor and outdoor decoration design, construction decoration engineering construction; enterprise management consulting; industrial incubation and investment services.

Other partners: Tongxiang Anhao Investment Management Co., Ltd. (investment ratio 16.67%); Dongguan Country Garden Real Estate Development Co., Ltd. (investment ratio 16.67%); Dongguan Jindi Investment Development Co., Ltd. (investment ratio 16.67%); Dongguan Fengkai Real Estate Investment Co., Ltd. (investment ratio 16.67%); Poly Bay Area Investment Development Co., Ltd. (investment ratio 16.67%); Shenzhen Pingshan China Merchants Real Estate Co., Ltd. (investment ratio 16.67%) [China Merchants Shekou 70%, Shenzhen TCL Real Estate Development Co., Ltd. 30%].

main financial indicators: As of December 31, 2018, the total assets were RMB 852.568 million, the total liabilities were RMB 754.706 million, and the net assets were RMB 97.862 million; in 2018, the company had no operating income and net profit was RMB -2.138 million.The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

3, Shenzhen Zhaohua Exhibition Industrial Co., Ltd.

The company was established on May 23, 2017; registered address: No. 48, Xinhe Avenue, Houting Community, Shajing Street, Bao'an District, Shenzhen; legal representative: Lu Tao; registered capital of 100 million yuan, and the investment ratio of China Merchants Shekou is 50%.

Business scope: real estate development; exhibition services; investment and establishment of industries (specific projects will be declared separately); own property leasing; design and construction of municipal projects; construction of construction projects and decoration projects; property management; providing motor vehicle parking services.

Other partners: Shenzhen OCT Co., Ltd. (capital contribution ratio 50%).

main financial indicators: As of December 31, 2018, the total assets were RMB 1194,9161,100, the total liabilities were RMB 1117,934,202 million, and the net assets were RMB 769,820,900; in 2018, the company's operating income was RMB 509,100, and the net profit was RMB -22.7615 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

4, Guangzhou Xinhe Real Estate Co., Ltd.

The company was established on May 11, 2017. Its registered address is No. 2, Xiangshan Avenue, Yongning Street, Zengcheng District, Guangzhou (within the core area of ​​Zengcheng Economic and Technological Development Zone); legal representative: Han Dong; registered capital of 100 million yuan, and the investment ratio of China Merchants Shekou is 34%. Business scope: real estate development and operation; own real estate business activities; interior decoration and decoration; house rental; site rental (excluding warehousing); property management; (projects that require approval according to law can only be carried out after approval by relevant departments).

Other partners: Guangdong Poly Real Estate Development Co., Ltd. (capital contribution ratio 33%); Shanghai Guanyi Enterprise Management Co., Ltd. (capital contribution ratio 33%).

main financial indicators: As of December 31, 2018, the total assets were RMB 5418.48 million, the total liabilities were RMB 5358.86 million, and the net assets were RMB 59.62 million; in 2018, the company had no operating income and net profit was RMB -20.5 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

5, Guangzhou Runjia Real Estate Co., Ltd.

The company was established on May 17, 2018, with its registered address: No. 286, Zhucun Avenue Middle School, Zhucun Town, Zengcheng District, Guangzhou; Legal representative: Zhao Jianjun; registered capital is 50 million yuan, and the investment ratio of China Merchants Shekou is 30%. Business scope: house rental; site rental (excluding warehousing); real estate development and operation; own real estate business activities; real estate agency services; interior decoration and decoration; hotel management (projects that require approval in accordance with the law can only be carried out after approval by relevant departments).

Other partners: Beijing Far East New Real Estate Co., Ltd. (capital contribution ratio 40%); Guangzhou Jindi Real Estate Development Co., Ltd. (capital contribution ratio 30%).

main financial indicators: As of December 31, 2018, the total assets were RMB 159,3216629 million, the total liabilities were RMB 159,3248 million, and the net assets were RMB 31,400; in 2018, the company had no operating income and net profit was RMB 31,400. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

6, Guangzhou Hejin Jiayuan Real Estate Development Co., Ltd.

The company was established on March 7, 2017, with its registered address: Room 202, No. 111 Xihaining Street, Huanshi Avenue, Nansha District, Guangzhou; Legal representative: Zhao Yulong; registered capital of 125 million yuan, and the investment ratio of China Merchants Shekou is 15%. Business scope: Real estate development and operation; property management; (Projects that require approval according to law can only be carried out after approval by relevant departments).

Other partners: Guangzhou Southern Investment Group Co., Ltd. (capital contribution ratio 40%); Guangzhou Sitai Real Estate Development Co., Ltd. (capital contribution ratio 15%); Guangzhou Vanke Real Estate Co., Ltd. (capital contribution ratio 15%); Guangzhou Donghui Real Estate Development Co., Ltd. (capital contribution ratio 15%).

main financial indicators: As of December 31, 2018, the total assets were RMB 760.7543 million, the total liabilities were RMB 651.8925 million, and the net assets were RMB 108.8618 million; in 2018, the company had no operating income and net profit was RMB - RMB 13.5923 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

7, Guangzhou Eslite Real Estate Co., Ltd.

The company was established on July 2, 2018, with its registered address: First Floor, No. 22 Xingyu Street, Conghua District, Guangzhou (self-edited A153); legal representative: Yuan Jun; registered capital is 840 million yuan, and the investment ratio of China Merchants Shekou is 25%. Business scope: real estate development and operation; own real estate business activities; house rental; site rental (excluding warehousing); property management; real estate agency services; real estate consulting services; parking lot operations; hotel management; interior decoration and decoration; interior decoration design services; (Projects that require approval in accordance with the law can only be carried out after approval by relevant departments).

Other partners: Guangzhou Jindi Real Estate Development Co., Ltd. (capital contribution ratio 50%); Jinmao Investment Management (Tianjin) Co., Ltd. (capital contribution ratio 25%).

main financial indicators: As of December 31, 2018, the total assets were RMB 235,338.72 million, the total liabilities were RMB 235,424.01 million, and the net assets were RMB 852,900; in 2018, the company had no operating income and net profit was RMB 852,900. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

8, Zhongshan Bishang Real Estate Development Co., Ltd.

The company was established on March 14, 2017, with its registered address: Room 517, 5th Floor, No. 1, Nantou Avenue, Nantou Town, Zhongshan City; Legal representative: Yang Wenjie; registered capital is RMB 20 million, and the investment ratio of China Merchants Shekou is 50%. Business scope: real estate development; commercial housing sales; design and undertaking: decoration and decoration projects. (Projects that require approval according to law can only carry out business activities after approval by relevant departments.).

Other partners: Heshan Gonghe Country Garden Real Estate Development Co., Ltd. (capital contribution ratio 50%).

main financial indicators: As of December 31, 2018, the total assets were RMB 113,834,33 million, the total liabilities were RMB 114,011,440,100, and the net assets were RMB 1.7701 million; in 2018, the company had no operating income and net profit was RMB 18.733,600. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

9, Zhongshan Guanjing Real Estate Co., Ltd.

was established on December 12, 2017. Its registered address is Room 310, South Building, No. 8, Shenghua Road, West District, Zhongshan City; Legal representative: Han Dong; registered capital: 595 million yuan, and the investment ratio of China Merchants Shekou is 50%. Business scope: real estate development and operation; property management; commercial housing sales and services; undertake: interior and exterior decoration design and decoration projects. (Projects that require approval according to law can only be carried out after approval by relevant departments.)

Other partners: Guangzhou Hejing Longtai Real Estate Development Co., Ltd. (capital contribution ratio 100%) [50% of China Merchants Shekou, Guangzhou Hejing Real Estate Development Co., Ltd.].

main financial indicators: As of December 31, 2018, the total assets were RMB 961.8571 million, the total liabilities were RMB 372.3428 million, and the net assets were RMB 589.5143 million; in 2018, the company had no operating income and net profit was RMB -5.529 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

10, Nanjing Shengxiangyuan Real Estate Development Co., Ltd.

The company was established on March 3, 2017. Its registered address is Room 103, Building C4, Nanjing Chenguang 1865 Industrial Park, No. 1 Zhengxue Road, Qinhuai District, Nanjing; Legal representative: Jiang Tiefeng; registered capital is 300,000 million yuan, and the investment ratio of China Merchants Shekou is 34%. Business scope: real estate development and operation; real estate brokerage; property management; construction engineering design and construction; interior and exterior decoration engineering design and construction; building materials sales; garden design and construction (projects that require approval in accordance with the law can only be carried out after approval by relevant departments).

Other partners: Chongqing Hanzhi Industrial Development Co., Ltd. (capital contribution ratio 33%); Jurong Jinhui Real Estate Construction Co., Ltd. (capital contribution ratio 33%).

main financial indicators: As of December 31, 2018, the total assets were RMB 108.12.68 million, the total liabilities were RMB 782.661 million, and the net assets were RMB 298.607 million; in 2018, the company had no operating income and net profit was RMB - RMB 14.7 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

11, Nanjing Ximao Real Estate Co., Ltd.

The company was established on May 10, 2018, with its registered address: No. 68-6, Shijiu Hubei Road, Chunxi Town, Gaochun District, Nanjing; Legal representative: Wang Changxiang; registered capital of 36 million yuan, and the investment ratio of China Merchants Shekou is 20.82%. Business scope: real estate development and operation; own house rental; real estate brokerage; property management; housekeeping services; parking lot management services; organization of cultural and artistic exchange activities; exhibition and display services; conference services; corporate image planning; hotel management; catering management; sales and installation of hardware and electricity, building materials, ordinary machinery and electrical equipment; landscaping services; home decoration services; leisure and fitness services. (Projects that require approval by law must be approved by relevant departments before business activities can be carried out).

Other partners: Ningbo Ningxing Real Estate Development Group Co., Ltd. (capital contribution ratio 29%); Nanjing Shunhong Real Estate Development Co., Ltd. (capital contribution ratio 10%); Nanjing Xiangzhou Real Estate Development Co., Ltd. (capital contribution ratio 25%); Nanjing Hongweisheng Real Estate Development Co., Ltd. (capital contribution ratio 23%) [China Merchants Shekou 34%, Nanjing Hongyang Ruishang Real Estate Development Co., Ltd. 33%, Xingwei Investment Co., Ltd. 33%.].

main financial indicators: As of December 31, 2018, the total assets were RMB 675.98 million, the total liabilities were RMB 641.15 million, and the net assets were RMB 34.83 million; in 2018, the company had no operating income and net profit was RMB -1.17 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

12, Nanjing Shansheng Real Estate Development Co., Ltd.

The company was established on August 21, 2018. Its registered address is Room 5113, Community Center Building, intersection of Daishan Middle Road and Daishan North Road, Xishanqiao Street, Yuhuatai District, Nanjing; Legal representative: Jiang Tiefeng; registered capital is 900 million yuan, and the investment ratio of China Merchants Shekou is 20%. Business scope: real estate development and operation; real estate brokerage; property management; landscaping projects, interior and exterior decoration projects, construction engineering design, construction; building materials sales. (Projects that require approval according to law can only be carried out after approval by relevant departments)

Other partners: Nanjing Tianjian Real Estate Development Co., Ltd. (capital contribution ratio 19.75%); Nanjing Qiancheng Real Estate Co., Ltd. (capital contribution ratio 19.75%); Qingdao Hisense Real Estate Co., Ltd. (capital contribution ratio 20%); Nanjing Zhengshan Real Estate Development Co., Ltd. (capital contribution ratio 20.5%).

main financial indicators: As of December 31, 2018, the total assets were RMB 1244.34 million, the total liabilities were RMB 365.65 million, and the net assets were RMB 878.69 million; in 2018, the company had no operating income and net profit was RMB -21.31 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

13, Nanjing Dingjiazhuang Trading Co., Ltd.

The company was established on May 14, 2013. Its registered address is No. 9 Yinchun Road, Maigaoqiao Entrepreneurship Park, Maigaoqiao Street, Qixia District, Nanjing; legal representative: Liu Xiaoqing; registered capital of 100 million yuan, and the investment ratio of China Merchants Shekou is 60%. Business scope: real estate development and operation. Construction, sales, leasing and supporting services of commercial housing; packaging materials, department stores, auto parts, decorative materials, steel, hardware and electrical, mechanical and electrical products, communication equipment, paper, ink, photography equipment, printing equipment, cultural supplies, office automation equipment, computer software and hardware, clothing and supplies sales; freight forwarding, freight distribution and warehousing services; container transfer, loading and unloading; freight information and economic information consulting services. (Projects that require approval according to law can only be carried out after approval by relevant departments)

Other partners: Nanjing Dingjiazhuang Logistics Center Co., Ltd. (capital contribution ratio 40%).

main financial indicators: As of December 31, 2018, the total assets were RMB 505.19 million, the total liabilities were RMB 73.03 million, and the net assets were RMB 432.16 million; in 2018, the company had no operating income and net profit was RMB -22.56 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

14, Nanjing Shengze Real Estate Co., Ltd.

The company was established on January 4, 2019. Its registered address is No. 6, Wan'an South Road, Dongshan Street, Jiangning District, Nanjing; Legal representative: Lu Bin; registered capital of 100 million yuan, and the investment ratio of China Merchants Shekou is 49%.Business scope: real estate development and operation; own house rental; property management; housekeeping services; parking lot management services; organization of cultural exchange activities; exhibition and display services; conference services; corporate image planning; hotel management; catering management; sales and installation of hardware and electrical, building materials, machinery and equipment; landscaping projects and decoration projects construction; leisure and fitness activities services. (Projects that require approval by law must be approved by relevant departments before business activities can be carried out).

Other partners: Nanjing Changmao Real Estate Co., Ltd. (capital contribution ratio 51%).

Main financial indicators: As of December 31, 2018, the company has no financial indicators yet. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

15, Hefei Jinshun Real Estate Development Co., Ltd.

The company was established on March 14, 2017, with its registered address: No. 56, Wanglao Road, Yicheng Street, Binhu District, Hefei City; Legal representative: Yuan Gang; registered capital of 800 million yuan, and the investment ratio of China Merchants Shekou is 33%. Business scope: real estate development and sales; commercial housing rental; housing engineering design; old building demolition; road and earthwork construction; interior decoration projects; air-conditioning projects and management and installation; property management; hotel management (projects that require approval in accordance with the law can only be carried out after approval by relevant departments).

Other partners: Wuxi Jiarui Real Estate Co., Ltd. (capital contribution ratio 35%); Hefei Xuhui Enterprise Management Co., Ltd. (capital contribution ratio 25.4%); Beijing Dongxing Lian Yongtongchang Investment Management Co., Ltd. (capital contribution ratio 6.6%).

main financial indicators: As of December 31, 2018, the total assets were RMB 4577.65 million, the total liabilities were RMB 3822.82 million, and the net assets were RMB 754.83 million; in 2018, the company had no operating income and net profit was RMB -36.24 million. As of December 31, 2018, the amount involved in the company's land mortgage matters was RMB 299,825.98 million, and there were no guarantees, arbitration and other matters, and they were not a dishonest debtor.

16, Suzhou Jinshang Real Estate Development Co., Ltd.

The company was established on September 19, 2017, with its registered address: No. 111 Yaoshe Road, Taihu National Tourism Resort, Suzhou; Legal representative: Zhang Nan; registered capital is RMB 230,000, and the investment ratio of China Merchants Shekou is 34%. Business scope: real estate development and operation, real estate investment and management, and own house rental.

Other partners: Suzhou Junhe Real Estate Development Co., Ltd. (capital contribution ratio 33%); Shanghai Kangtai Real Estate Development Co., Ltd. (capital contribution ratio 33%).

main financial indicators: As of December 31, 2018, the total assets were RMB 4183.94 million, the total liabilities were RMB 1912.68 million, and the net assets were RMB 227.126 million; in 2018, the company's operating income was RMB 00,000 and the net profit was RMB -5.77 million. The company's mortgage matters involved are RMB 470 million, and there are no guarantees, litigation, etc., and they are not a dishonest debtor.

17, Suzhou Hongchang Real Estate Co., Ltd.

The company was established on February 21, 2019. Its registered address is Room 02, 03, 04, and 05, 28th Floor, Building 15 Yueliangwan Road, Suzhou Industrial Park; Legal representative: Shen Dinan; registered capital of 30 million yuan, and the investment ratio of China Merchants Shekou is 24%. Business scope: real estate development and operation; marketing planning, property management; design and construction of construction projects, indoor and outdoor decoration projects; parking lot management services; enterprise management consultation. (Projects that require approval according to law can only be carried out after approval by relevant departments).

Other partners: Shoujin Xinchuang (Tianjin) Real Estate Development Co., Ltd. (capital contribution ratio 51%); Suzhou Yejiang Real Estate Development Co., Ltd. (capital contribution ratio 25%).

18, Wuxi Meishangjun Real Estate Development Co., Ltd.

The company was established on July 10, 2018, with its registered address: the northwest side of the intersection of Ningle Road and Qingyan Road, Xinwu District, Wuxi; legal representative: Xu Chuanfu; registered capital of 120,000 yuan, and the investment ratio of China Merchants Shekou is 33%. Business scope: real estate development and sales; real estate planning and marketing; own house rental (excluding financial leasing).

Other partners: Nanjing Midea Real Estate Development Co., Ltd. (capital contribution ratio 34%); Shanghai Zhaoxu Enterprise Management Consulting Co., Ltd. (capital contribution ratio 33%).

main financial indicators: As of December 31, 2018, the total assets were RMB 2273.68 million, the total liabilities were RMB 1075.62 million, and the net assets were RMB 1198.06 million; in 2018, the company had no operating income and net profit was RMB -1.94 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

19, Henan Zhengou Silk Road Construction Development Co., Ltd.

The company was established on April 18, 2018, with registered address: Room 218, Jicheng Road Street Office, No. 9 Xiongerhe Road, Zhengdong New District, Zhengzhou City; Legal representative: Yuan Shuqiang; registered capital of 300 million yuan, and the investment ratio of China Merchants Shekou is 19%. Business scope: real estate development and operation; engage in import and export business of goods and technology; planning of cultural and artistic exchange activities; conference and exhibition services; house rental services; property services; hotel management; enterprise management consulting; design, production, agency, and publishing domestic advertising business.

Other partners: Henan Civil Aviation Development Investment Co., Ltd. (capital contribution ratio 41%); Henan Zhengzhou New District Construction Investment Co., Ltd. (capital contribution ratio 40%).

main financial indicators: As of December 31, 2018, the total assets were RMB 578.7254 million, the total liabilities were RMB 489.849 million, and the net assets were RMB 88.8764 million; in 2018, the company had no operating income and net profit was RMB -11.1236 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

20, Shanghai Pujun Real Estate Development Co., Ltd.

The company was established on September 22, 2017, with a registered address: 5th Floor, No. 310, Jingao Road, Pudong New District, Shanghai; legal representative: Wang Haisong; registered capital of 100 million yuan, and the investment ratio of China Merchants Shekou is 60%. Business scope: real estate development and operation, property management, business information consulting, enterprise management consulting, parking lot (store) operation and management.

Other partners: Shanghai Waigaoqiao Group Co., Ltd. (capital contribution ratio 40%).

main financial indicators: As of December 31, 2018, the total assets were RMB 3088.98 million, the total liabilities were RMB 299.492 million, and the net assets were RMB 94.06 million; in 2018, the company had no operating income and net profit was RMB -5.94 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

21, Tianjin Longhu Ruifeng Real Estate Co., Ltd.

The company was established on May 31, 2017. Its registered address is 702-1, Building 4, Rongsheng Plaza, Zhongguancun Science and Technology Park, Tianjin Binhai-Zhongguancun Science and Technology Park; Legal representative: Du Xiaofeng; registered capital of 30 million yuan, and the investment ratio of China Merchants Shekou is 12.5%. Business scope: Real estate development (operating with a license); property management; house rental; parking lot management services; self-operated and agent import and export of goods and technologies. (Projects that require approval according to law can only be carried out after approval by relevant departments).

Other partners: Tianjin Shunji Real Estate Co., Ltd. (investment ratio of 100%) [Tianjin Hongkun Binto Real Estate Co., Ltd. 12.5%, Tianjin Bingang Real Estate Development Co., Ltd. 12.5%, China Construction Real Estate (Tianjin) Co., Ltd. 12.5%, Tianjin Baolongcheng Real Estate Development Co., Ltd. 12.5%, Tianjin Zhengrong Rongtai Real Estate Development Co., Ltd. 12.5%, Beijing Longhu Zhongbai Real Estate Co., Ltd. 12.5%, Beijing Junheng Hexin Investment Co., Ltd. 12.5%].

main financial indicators: As of December 31, 2018, the total assets were RMB 28.37 million, the total liabilities were RMB 25.97 million, and the net assets were RMB 2.4 million; in 2018, the company had no operating income and net profit was RMB 27.43 million. As of December 31, 2018, the company's mortgage matters involved was RMB 370 million, and there were no guarantees, litigation and other matters, and they were not a dishonest debtor.

22, Tianjin Lianzhan Real Estate Development Co., Ltd.

The company was established on February 8, 2018. Its registered address is Room 416, the intersection of Beijing-Tianjin Highway and Yanji Road, Beicang Town, Beichen District, Tianjin; legal representative: Fan Tao; registered capital is 910 million yuan, and the investment ratio of China Merchants Shekou is 16.5%. Business scope: real estate development and operation; commercial housing sales; free housing rental; municipal engineering, road engineering construction, etc.

Other partners: Tianjin Real Estate Development (Group) Co., Ltd. (capital contribution ratio 16.5%); Beijing Fangxing Yicheng Real Estate Co., Ltd. (capital contribution ratio 16.5%); Nanjing Renyuan Investment Co., Ltd. (capital contribution ratio 16.5%); Tongxiang Anhao Investment Management Co., Ltd. (capital contribution ratio 16.5%); Chuangchuang (Tianjin) Real Estate Management Co., Ltd. (capital contribution ratio 17.5%).

main financial indicators: As of December 31, 2018, the total assets were RMB 3379.6 million, the total liabilities were RMB 247.66 million, and the net assets were RMB 902.94 million; in 2018, the company had no operating income and net profit was RMB -7.06 million. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

23, Tianjin Hefa Real Estate Development Co., Ltd.

The company was established on March 2, 2018. Its registered address is Room 416, the intersection of Beijing-Tianjin Highway and Yanji Road, Beichen District, Tianjin; legal representative: Zhang Xuegang; registered capital is 1420 million yuan, and the investment ratio of China Merchants Shekou is 24.7%. Business scope: real estate development; commercial housing sales; decoration and decoration project construction; property services; house information consultation services; business information consultation; hotel management services. (Projects that require approval according to law can only be carried out after approval by relevant departments)

Other partners: Chuangchuang (Tianjin) Real Estate Management Co., Ltd. (capital contribution ratio 24.7%); Nanjing Renyuan Investment Co., Ltd. (capital contribution ratio 24.7%); Beijing Fangxing Yicheng Real Estate Co., Ltd. (capital contribution ratio 25.9%).

main financial indicators: As of December 31, 2018, the total assets were RMB 5025.22 million, the total liabilities were RMB 3609.15 million, and the net assets were RMB 141.607 million; in 2018, the company had no operating income and net profit was RMB -378,000. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

24, Dongguan Heng'an Real Estate Development Co., Ltd.

The company was established on August 27, 2018. Its registered address is No. 210, 2nd Floor, Yuning Garden, Zhongshan Road, Hengli Town, Dongguan City, Guangdong Province (cluster registration); legal representative: Lin Lei; registered capital is 700 million yuan, and the investment ratio of China Merchants Shekou is 20%. Business scope: real estate development and operation, real estate project investment; business planning, business information consulting, industrial investment; equity investment; environmental protection project investment; infrastructure investment; tourism project investment; construction engineering, engineering bidding agency, indoor and outdoor decoration design, construction decoration engineering construction; enterprise management consulting; industrial incubation and investment consulting services.

Other partners: Guangzhou Hejing Real Estate Development Co., Ltd. (capital contribution ratio 20%); Shenzhen Pengrui Real Estate Development Co., Ltd. (capital contribution ratio 20%); Shenzhen Anchuang Investment Management Co., Ltd. (capital contribution ratio 40%).

main financial indicators: As of December 31, 2018, the total assets were RMB 1535.02 million, the total liabilities were RMB 1535.165 million, and the net assets were RMB 145,000; in 2018, the company had no operating income and net profit was RMB 145,000. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

25, Hangzhou Hongzhaocheng Real Estate Development Co., Ltd.

The company was established on May 8, 2018, with its registered address: No. 131-7 Yunxi Road, Tangqi Town, Yuhang District, Hangzhou City, Zhejiang Province; legal representative: Cheng Jian; registered capital is RMB 20 million, and the investment ratio of China Merchants Shekou is 33%. Business scope: real estate development, sales; house leasing; business information consulting services.

Other partners: Nanjing Hongyang Real Estate Development Co., Ltd. (capital contribution ratio 33%); Shanghai Mingchengyu Enterprise Development Co., Ltd. (capital contribution ratio 34%).

main financial indicators: As of December 31, 2018, the total assets were 888 million yuan, the total liabilities were 89,000 yuan, and the net assets were -0,200 yuan; in 2018, the company had no operating income and a net loss of -2,200 yuan. The company does not have any guarantees, mortgages, litigation, etc., and does not belong to the dishonest debtor.

3. Opinions of the Board of Directors

In view of the need for the operation and development of the joint venture company to supplement its own funds through external borrowing, China Merchants Shekou provides guarantees for the joint venture company according to the investment ratio, which is conducive to ensuring the project development and construction of the joint venture company and thus promoting the company's business development.

4. Independent Opinions of Independent Directors

Independent Directors expressed independent opinions on the matters provided by the Company to the joint venture, believing that the above external guarantee matters are conducive to reducing the company's financing costs and promoting the company's business development; the review procedures for the relevant matters are legal and compliant, and there is no situation that harms the interests of the company and its shareholders, especially small and medium shareholders.

V. Cumulative situation of providing external guarantees

As of the date of disclosure of this announcement, the total amount of external guarantees of the Company and its holding subsidiaries (excluding the sales mortgage guarantees provided by the Subsidiaries to customers) was RMB 2438,23049 million, accounting for 32.12% of the company's latest audited net assets attributable to shareholders of the listed company. The amount of guarantee is not overdue, the amount of guarantee involved in litigation and the amount of losses to be borne due to the judgment of losing the guarantee.

is hereby announced.

China Merchants Shekou Industrial Zone Holdings Co., Ltd. Board of Directors

March 19, 2019