blockchainminermininggame| Shenzhen Energy (000027.SZ): The land of Mawan Company's Moon Bay Gas Turbine Power Plant will be recovered by Nanshan Sub-district Office for payment

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Gelonghui May 17 丨 Shenzhen Energy (000027)(000027.SZ) announcedblockchainminermininggame, Nanshan Sub-district Office in Nanshan District, Shenzhen (hereinafter referred to as: Nanshan Sub-district Office) plans to recover the land of the Moon Bay Gas Turbine Power Plant (parcel number T101-0011)(hereinafter referred to as: Mawan Company), a holding subsidiary of the company, with a compensation of RMB 36blockchainminermininggame, 4.4392 million yuan.

blockchainminermininggame| Shenzhen Energy (000027.SZ): The land of Mawan Company's Moon Bay Gas Turbine Power Plant will be recovered by Nanshan Sub-district Office for payment

The transaction target is located on Gangwan Avenue (now Yueliangwan Avenue), Nanshan District, Shenzhen City, with the parcel number T101-0011 and a parcel area of 74blockchainminermininggame, 908.3 square meters, and the land use is other. The useful life of the parcel is 50 years, from December 30, 1989 to December 29, 2039. The Moon Bay Gas Turbine Machinery Plant withdrew from market operations in 2010 and rented out some of the venues to the outside worldblockchainminermininggame; From 2022 to the present, part of the land of Yueliangwan Gas Turbine Machinery Plant has been used as land for Mawan Company's production and operation and power plant upgrading projects.

Mawan Company plans to sign the "Compensation Agreement for Land Preparedness Project of Moon Bay Gas Turbine Machinery Plant" in 2024. It is expected to receive relevant compensation of RMB 364.4392 million in 2024, which is expected to increase the company's total profit in 2024 by RMB 341.3828 million. The final accounting treatment and impact amount shall be subject to the audit confirmation results.