Shenzhen Investment : UNAUDITED CONTRACTED SALES PERFORMANCE FOR MARCH 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00604)

UNAUDITED CONTRACTED SALES PERFORMANCE

FOR MARCH 2021

Shenzhen Investment Limited (the "Company", together with its subsidiaries, the "Group") wishes to provide to the shareholders of the Company the attached press release of the sales performance of the Group for March 2021 (the "Press Release").

The sales data contained in the Press Release is based on the summary of internal information of the Group, which has not been audited nor reviewed by external auditor and as such, it is for investors' reference only.

Shareholders of the Company and potential investors are advised to exercise due care when dealing in the shares of the Company.

By Order of the Board

SHENZHEN INVESTMENT LIMITED

LU Hua

Chairman

Hong Kong, 20 April 2021

As at the date of this announcement, the Board comprises 8 directors, of which Dr. LU Hua, Mr. HUANG Wei, Ms. CAI Xun, Mr. DONG Fang and Mr. LIU Shichao are the executive directors of the Company and Mr. WU Wai Chung, Michael, Mr. LI Wai Keung and Dr. WONG Yau Kar, David are the independent non-executive directors of the Company.

[For immediate release]

SZI Announces Unaudited Contracted Sales for March 2021

(20 April 2021-Hong Kong) Shenzhen Investment Limited ("SZI" or "Group", SEHK stock code: 604.HK) announces the Group's unaudited contracted sales for March of 2021.

The Group's unaudited contracted sales for March 2021 amounted to approximately RMB844 million, representing a decrease of 10.8% MoM and a decrease of 39.2% YoY. The contracted sales area was approximately 51,960 sq.m., up 25.9% MoM and up 21.2% YoY.

For the first 3 months of 2021, the Group recorded total contracted sales of approximately RMB3.986 billion, representing an increase of 55.0% YoY, and the total contracted sales area was approximately 187,798 sq.m., up 137.1% YoY. The average selling price was approximately RMB21,226 per sq.m..

- END -

For enquiry, please contact:

Shenzhen Investment Limited

Nicole Zhou

Tel: [phone]

Email: [e-mail]

Financial PR (HK) Limited

Dawn Lee

Tel: [phone]

Email: dawnlee @financialpr.hk