（有限合伙）"的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资标的名称：上海国际集团创领一期创业投资合伙企业（有限合伙） 投资金额：上海张江高科技园区开发股份有限公司参与投资上海国际集 团创领一期创业投资合伙企业（有限合伙），该基金募集资金目标规模为人民币 2 亿元，本公司作为有限合伙人认缴出资额为人民币 3,000 万元。 交易风险：基金投资业务开展存在一定的市场风险、经营风险和管理风 险。宏观经济的影响、投资标的选择、行业环境以及经营管理带来的不确定性将 可能导致项目无法实现顺利退出，从而存在基金投资无法达到预期收益水平的风 险。公司将充分关注可能存在的风险，密切持续关注基金经营管理状况及其投资 的实施过程，切实降低公司投资风险。 一、 交易概述 股票代码：600895 股票简称：张江高科 编号：临2024-016 上海张江高科技园区开发股份有限公司 关于参与投资"上海国际集团创领一期创业投资合伙企业 本公司作为有限合伙人参与投资由上海科创中心股权投资基金管理有限公 司作为普通合伙人、上海 ...

股票代码：600895 股票简称：张江高科 编号：临 2024-015 同意：6 票，反对：0 票，弃权：0 票 特此公告。 上海张江高科技园区开发股份有限公司董事会 第八届董事会第三十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 上海张江高科技园区开发股份有限公司第八届董事会第三十四次会议于 2024 年 4 月 7 日以通讯表决方式召开，本次会议应参加董事 6 名，实际参加 董事 6 名。会议召开符合《公司法》和《公司章程》的有关规定。经董事会全 体审议，会议审议通过了《关于公司全资子公司——上海思锐置业有限公司重 新通过公开挂牌方式转让其部分资产的议案》。 上海思锐置业有限公司将所持有的上海市浦东新区张江镇 10 街坊 25/6 丘地 块（即张江中区 C-6-7 地块）在建项目通过上海联合产权交易所有限公司进行 公开挂牌，截至信息披露期满，未征集到意向受让方。 同意授权公司经营层负责决策上海市浦东新区张江镇 10 街坊 25/6 丘地块 （即张江中区 C-6-7 地块）在建项目后续挂牌事宜。挂牌 ...

持有 [2T0a2b4l年e_0S3t月oc3k1In日fo ] （维持） 证券研究报告• 2023年年报点评 当前价： 19.84元 张江高科（600895） 房地产 目标价： ——元（6个月） 园区开发稳健发展，产业投资规模扩大 投资要点 西南证券研究发展中心 [T a营ble收_S净u利m双ma增ry长] ，融资成本优势显著。2023年公司实现营收20.3亿元，同比增 [分Ta析bl师e_：Au池th天or惠] 长 6.2%；实现归母净利润9.5亿元，同比增长15.3%；总资产510.1亿元，同 执业证号：S1250522100001 比增长19.4%；加权平均净资产收益率为7.9%，同比增加0.6pp。2023年公司 电话：13003109597 平均融资成本为3.15%，同比减少0.15pp，融资成本优势显著。 邮箱：cth@swsc.com.cn  园区开发业务稳健发展，产业载体建设加速。2023年园区开发业务总收入20.0 分析师：刘洋 亿元，占公司总营收的 98.8%；其中，房地产开发和房产租赁分别占总营收的 执业证号：S1250523070005 电话：18019200867 47.2% ...

[Table_MainInfo] 公司研究/房地产/开发区 证券研究报告 张江高科（600895）公司年报点评 2024年04月01日 [Table_InvestInfo] 投资评级 优于大市 维持 布局创投全链条，构建 REITs 全通道 股票数据 [Table_Summary] 0[4Ta月b0le1_日S收to盘ck价（In元fo）] 20.20 投资要点： 52周股价波动（元） 13.19-28.89 总股本/流通A股（百万股） 1549/1549  事件。公司公布 2023 年年报。报告期内，公司实现营业收入 20.26 亿元， 总市值/流通市值（百万元） 31284/31284 同比上升6.24%；归属于上市公司股东的净利润9.48亿元，同比增加15.29%； 相关研究 实现全面摊薄每股收益 0.61元。公司拟向全体股东每10股派发现金股利人 [《Ta单b季le房_R产e销p售or推tIn升fo营] 收，租金收入较快增 民币1.9元(含税)。 长》2023.11.06 《土地模式创新，推动科创提速——张江科学  2023年，公司处于大体量、快节奏载体开发周期，主要开发建设项目19个， 城发展再 ...

房地产/房地产开发 公 司 研 张江高科（600895.SH） 业绩稳健增长，孵投联动加快产业培育力度 究 2024年04月01日 ——公司信息更新报告 投资评级：买入（维持） 齐东（分析师） 胡耀文（联系人） qidong@kysec.cn huyaowen@kysec.cn 日期 2024/4/1 证 书编号：S0790522010002 证书编号：S0790122080101 当前股价(元) 20.20  业绩稳健增长，孵投联动加快产业培育力度，维持“买入”评级 公 一年最高最低(元) 28.89/13.19 张江高科发布 2023 年年报，公司收入利润平稳增长，租赁业务保持稳健，产业 司 投资力度持续提升。受益于公司较大的物业体量和较快的开发节奏，我们上调 信 总市值(亿元) 312.84 2024-2025并新增2026年盈利预测，预计公司2024-2026年归母净利润为11.25、 息 流通市值(亿元) 312.84 更 13.34、14.61亿元（2024-2025年原值9.46、10.98亿元），对应EPS为0.73、0.86、 总股本(亿股) 15.49 新 0.94元，当前股价对应PE为 ...

Financial Performance - Revenue for 2023 reached 2,025,737,630.73 yuan, a 6.24% increase compared to 2022[15] - Net profit attributable to shareholders in 2023 was 947,899,545.53 yuan, up 15.29% year-on-year[15] - Operating cash flow for 2023 was -2,785,411,690.76 yuan, a significant decrease of 511.19% compared to 2022[15] - Basic earnings per share for 2023 were 0.61 yuan, a 15.09% increase from 2022[16] - Weighted average return on equity (ROE) for 2023 was 7.85%, an increase of 0.58 percentage points from 2022[16] - The company's diluted earnings per share for 2023 were 0.61 yuan, reflecting a 15.09% increase from 2022[16] - Revenue for Q3 (July-September) reached 1.205 billion RMB, a significant increase compared to other quarters[18] - Net profit attributable to shareholders in Q3 was 371.4 million RMB, the highest among all quarters[18] - Operating cash flow was negative in Q1, Q2, and Q3, with Q3 recording the lowest at -1.387 billion RMB[18] - Net profit attributable to shareholders of the listed company was 950 million yuan[23] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 14.24% to RMB 952,911,084.03 in 2023 compared to 2022[176] - Operating profit for 2023 was 1,347,502,942.67, a significant increase from 1,000,503,306.99 in 2022[193] - Net profit attributable to parent company shareholders for 2023 was 947,899,545.53, up from 822,216,239.79 in 2022[193] - Basic earnings per share for 2023 were 0.61, compared to 0.53 in 2022[193] - Revenue for 2023 was 383,630,213.79, an increase from 288,296,898.46 in 2022[194] - Net profit for 2023 was 234,554,642.99, a decrease from 1,521,622,116.64 in 2022[194] - Comprehensive income for 2023 was 234,554,642.99, down from 1,521,622,116.64 in 2022[195] Assets and Liabilities - Total assets at the end of 2023 were 51,004,632,298.02 yuan, a 19.37% increase from the previous year[15] - The company's net assets attributable to shareholders at the end of 2023 were 12,442,363,469.88 yuan, a 6.25% increase from the previous year[15] - Total assets reached 51 billion yuan, a year-on-year increase of 19.37%[23] - Total assets increased to 51,004,632,298.02 CNY in 2023, up from 42,727,234,244.92 CNY in 2022, representing a growth of 19.37%[188] - Current assets rose to 21,739,082,142.11 CNY in 2023, compared to 15,859,429,395.85 CNY in 2022, a 37.07% increase[186] - Inventory surged to 17,165,545,542.64 CNY in 2023, up from 11,852,450,230.82 CNY in 2022, marking a 44.83% growth[186] - Long-term loans increased significantly to 12,651,276,396.85 CNY in 2023, compared to 5,294,806,468.95 CNY in 2022, a 138.94% rise[187] - Total liabilities grew to 34,989,900,361.35 CNY in 2023, up from 27,436,719,220.68 CNY in 2022, a 27.53% increase[187] - Shareholders' equity increased to 16,014,731,936.67 CNY in 2023, compared to 15,290,515,024.24 CNY in 2022, a 4.73% growth[188] - Accounts receivable rose to 88,725,629.71 CNY in 2023, up from 56,664,176.68 CNY in 2022, a 56.58% increase[186] - Other receivables increased to 88,212,638.98 CNY in 2023, compared to 63,839,482.36 CNY in 2022, a 38.18% growth[186] - Investment properties grew to 16,474,261,537.43 CNY in 2023, up from 14,329,965,485.65 CNY in 2022, a 14.96% increase[186] - Other non-current financial assets increased to 8,881,645,993.35 CNY in 2023, compared to 7,567,053,098.30 CNY in 2022, a 17.37% growth[186] - Total assets increased to 26.77 billion RMB in 2023, up from 23.13 billion RMB in 2022[190] - Total liabilities rose to 20.01 billion RMB in 2023, compared to 16.35 billion RMB in 2022[190] - Total equity slightly decreased to 6.77 billion RMB in 2023, compared to 6.78 billion RMB in 2022[191] - Short-term borrowings decreased to 733 million RMB in 2023, down from 2.97 billion RMB in 2022[190] - Long-term borrowings increased to 4.53 billion RMB in 2023, up from 421.3 million RMB in 2022[190] Cash Flow - Operating cash flow for 2023 was -2,785,411,690.76 yuan, a significant decrease of 511.19% compared to 2022[15] - Operating cash flow was negative in Q1, Q2, and Q3, with Q3 recording the lowest at -1.387 billion RMB[18] - Net cash flow from operating activities was -2,785,411,690.76 RMB in 2023, compared to -455,738,528.54 RMB in 2022, indicating a significant increase in cash outflow[196] - Cash received from investments increased to 7,892,084,582.86 RMB in 2023 from 3,953,793,712.51 RMB in 2022, a growth of 99.6%[196] - Cash paid for investments rose to 8,595,201,997.05 RMB in 2023 from 4,215,478,499.76 RMB in 2022, an increase of 103.9%[197] - Net cash flow from financing activities improved to 4,297,290,510.04 RMB in 2023 from 2,706,310,094.80 RMB in 2022, reflecting stronger financing activities[197] - Cash received from borrowing increased to 9,659,007,427.90 RMB in 2023 from 7,139,170,376.51 RMB in 2022, a growth of 35.3%[197] - Cash received from bond issuance rose to 5,287,368,000.00 RMB in 2023 from 3,099,300,000.00 RMB in 2022, an increase of 70.6%[197] - Net cash flow from operating activities for a subsidiary was -167,426,447.43 RMB in 2023, compared to -133,928,929.47 RMB in 2022, indicating increased cash outflow[198] - Cash received from investments for a subsidiary increased to 6,359,581,278.14 RMB in 2023 from 2,887,882,118.70 RMB in 2022, a growth of 120.2%[198] - Net cash flow from financing activities for a subsidiary improved to 2,668,242,696.73 RMB in 2023 from -347,983,276.09 RMB in 2022, reflecting a significant turnaround in financing activities[199] Dividends and Profit Distribution - The company plans to distribute a cash dividend of 1.9 yuan per 10 shares, totaling 294,251,014.5 yuan, representing 31.04% of the net profit attributable to shareholders[4] - The company implemented a 2022 annual profit distribution plan, distributing a cash dividend of RMB 0.16 per share, totaling RMB 247,790,328[99] - The company's 2023 profit distribution plan includes a cash dividend of RMB 1.9 per 10 shares, totaling RMB 294,251,014.50, representing 31.04% of the net profit attributable to shareholders[101] Investments and Financial Assets - The fair value of other non-current financial assets increased by 1.315 billion RMB, contributing 617.97 million RMB to the current profit[21] - Total fair value of financial assets at the end of the period was 8.993 billion RMB, with a total impact on profit of 637 million RMB[21] - Direct investment in 52 projects with a total investment of 3.86 billion yuan[23] - Completed fund subscriptions of 1.13 billion yuan, including investments in various funds[23] - The company's investment income increased by 72.52% year-on-year, primarily due to gains from equity disposals and increased returns from financial assets[30] - The company's total cost for park development increased by 17.45% year-on-year to 847,724,791.20 RMB, accounting for 99.74% of total costs[33] - Service sector costs surged by 122.89% year-on-year to 2,205,369.86 RMB, though still only representing 0.26% of total costs[33] - The company's total assets reached 5,100,463.23 million yuan, an increase of 19.37% compared to the previous year, with overseas assets accounting for 4.48% of total assets[45] - The top five customers contributed sales of 1,021,747,358.81 yuan, accounting for 50.44% of total annual sales, with related party sales of 2,073.84 million yuan, accounting for 1.02% of total annual sales[36][37] - The top five suppliers accounted for 312,545.89 million yuan in procurement, representing 37.62% of total annual procurement[38] - Sales expenses decreased by 3.38% to 23,272,113.48 yuan, while management expenses increased by 17.42% to 115,935,606.55 yuan, and financial expenses increased by 8.54% to 456,588,141.71 yuan[39] - Net cash flow from operating activities decreased by 511.19% to -2,785,411,690.76 yuan, while net cash flow from financing activities increased by 58.79% to 4,297,290,510.04 yuan[41] - Inventory increased by 44.83% to 17,165,545,542.64 yuan, mainly due to increased development costs[42][44] - Short-term borrowings decreased by 81.26% to 733,000,000 yuan, while long-term borrowings increased by 138.94% to 12,651,276,396.85 yuan[42][44] - Accounts payable increased by 104.46% to 4,841,313,310.60 yuan, mainly due to increased engineering payables[42][44] - Other current liabilities increased by 137.10% to 2,014,770,410.97 yuan, mainly due to an increase in short-term financing bonds[43][44] - The company holds 43,442 square meters of land for development in Kangqiao and 54,923 square meters in Xinkaiyuan, with planned construction areas of 130,326 square meters and 54,923 square meters respectively[48] - The company completed the 3-2 project in Jisheyuan with a total investment of 284.348 million yuan and a reported actual investment of 54.9582 million yuan, achieving a completed area of 238,738.70 square meters[49] - The 3-4 project in Jisheyuan is under construction with a total investment of 305.815 million yuan and a reported actual investment of 50.76766 million yuan, covering a construction area of 251,731.25 square meters[49] - The company achieved total sales of 955.5013 million yuan with a sales area of 30,586.47 square meters, and realized a transfer income of 955.5013 million yuan with a transfer area of 30,586.47 square meters[50] - The company's rental income from Zhangjiang Tech Innovation Zone reached 66.8697 million yuan with a rental area of 70,048 square meters[51] - The rental income from Zhangjiang Sihao Phase I was 41.4026 million yuan with a rental area of 33,216 square meters[51] - The rental income from Zhangjiang Sihao Phase II was 23.4291 million yuan with a rental area of 23,666 square meters[51] - The rental income from Zhangjiang Building was 26.4137 million yuan with a rental area of 15,077 square meters[51] - The rental income from Zhangjiang Leader East was 85.7633 million yuan with a rental area of 77,037 square meters[51] - The rental income from Zhangjiang Dream Park was 37.9676 million yuan with a rental area of 35,123 square meters[51] - The rental income from Zhangjiang Chuangqi Tiandi was 52.5252 million yuan with a rental area of 75,975 square meters[51] - Total financing amount at the end of the period is 2,531,210.14 million yuan with an average financing cost of 3.15%[54] - Total investment amount during the reporting period is 87,520.20 million yuan, a decrease of 23.02% compared to the previous year[55] - New financial asset investments include 4,000.00 million yuan in Shanghai Science and Technology Innovation Center Phase II Private Equity Fund Partnership[56] - New financial asset investments include 4,500.00 million yuan in Shanghai Volcanic Stone Phase II Venture Capital Partnership[56] - New financial asset investments include 9,000.00 million yuan in Shanghai Zhangjiang Suifeng Innovation Equity Investment Fund Partnership[56] - New financial asset investments include 3,700.00 million yuan in Shanghai Zhangjiang Suixin Private Equity Fund Partnership[56] - New financial asset investments include 6,000.00 million yuan in Huajin Securities Xinxiang No. 26 Infrastructure Fund Strategy FOF Single Asset Management Plan[56] - New financial asset investments include 12,500.00 million yuan in Shanghai Pudong Leading Area Guotai Junan Technology Innovation No. 1 Private Equity Fund Partnership[56] - New financial asset investments include 2,500.00 million yuan in Shanghai Pudong Leading Area Haitong Private Equity Investment Fund Partnership[56] - New financial asset investments include 30.00 million yuan in Shanghai Chengwei Juxin Enterprise Management Center[56] - Shanghai Zhangjiang Integrated Circuit Industry Zone Development Co., Ltd. achieved a net profit of RMB 771.245 million, contributing 81.36% to the consolidated net profit of the listed company[64] - Shanghai Zhangjiang Microelectronics Port Co., Ltd. reported a net profit of RMB 120.9381 million, a significant decrease from RMB 719.7289 million in the previous year due to the reversal of over-provisioned land value-added tax[65] - Shanghai Jiechang Industrial Co., Ltd. saw a net profit increase to RMB 7.8974 million from RMB 3.7733 million, driven by higher rental income[65] - Shanghai Zhangjiang Haocheng Venture Capital Co., Ltd. recorded a net loss of RMB 82.2925 million, compared to a net loss of RMB 650.636 million in the previous year, due to an increase in the fair value of financial assets[65] - Shanghai Dexin Property Co., Ltd. reported a net profit of RMB 43.0493 million, up from RMB 26.4356 million, as the company did not provide rent reductions for small and medium-sized customers this year[65] - Shanghai Zhangjiang Chuangyeyuan Technology Development Co., Ltd. posted a net loss of RMB 15.7514 million, an improvement from a net loss of RMB 72.0594 million, due to reduced provision for liquidated damages[65] - Shanghai Zhangjiang Haoxin Enterprise Management Co., Ltd. achieved a net profit of RMB 423,900, up from RMB 169,400 in the previous year[63] - Shanghai Zhangjiang Zhixin Urban Construction Co., Ltd. reported a net profit of RMB 11,200, slightly higher than RMB 3,300 in the previous year[63] - Shanghai Zhangjiang Haoji Real Estate Co., Ltd. recorded a net profit of RMB 580,000, compared to a net loss of RMB 40,800 in the previous year[61] - Shanghai Zhangjiang Haocheng Venture Capital Co., Ltd. reported a net loss of RMB 82.2925 million, compared to a net loss of RMB 650.636 million in the previous year, due to an increase in the fair value of financial assets[65] - The company plans to start 3 new projects in 2024 with a total construction area of 348,000 square meters and complete 9 projects with a total area of 1.142 million square meters[68] - The company aims to focus on the "China Core" initiative, leading with Shanghai's integrated circuit design industry and promoting the development of integrated circuit materials and equipment industries[68] - The company will continue to improve the science and technology innovation ecosystem and build a science and technology industry investment holding group[68] - The company will actively explore industrial mergers and acquisitions, focusing on reserving and participating in specialized M&A sub-funds and collaborating with industry leaders to establish CVC funds[68] - The company will accelerate the construction of science and technology innovation space carriers, enhancing the level of industry-city integration[68] - The company will optimize asset allocation and use asset securitization to connect finance and industry[68] - The company will deepen industrial investment promotion and accelerate the creation of world-class

High-tech D ⑨ 地址：上海市浦东新区松涛路560号张江大厦17层 ▩ 邮编：201203 ☏ 电话：021-3895 9000 @ http://www.600895.com 么 企业 ＜ 社会责任报告 ＞ CORPORATE SOCIAL RESPONSIBILITY REPORT 张江营销 股票代码【Stock Code】 600895. SH ZJ HI-TECH 张江营記 0 O o o 7 (台 Nustr s Nort Synergize the Power of High-tech 股票代码【Stock Code】 600895. SH 报告编制说明 本报告是上海张江高科技园区开发股份有限公司(以下简称"张江高科"或"公司")向社会公开发布的 2023年度企业社会责任报告。旨在让社会各界更加全面地了解张江高科的社会责任活动,向社会公开报 告公司的运行情况,加强与利益相关方的联系，以便更好地履行企业的社会责任。自2009年度首度发布 公司企业社会责任报告后,每年定期发布,本期已是第十五期。 (一) 报告范围 报告的组织范围:本报告以上海张江高科技园区开发股份有限公司为主体,介绍 公司在 ...

股票代码：600895 股票简称：张江高科 编号：临2024-014 上海张江高科技园区开发股份有限公司 2023年第四季度房地产业务主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责 任。 1、 2023年1—12月，公司新增土地储备43,442平方米。 2、 2023年1--12月，公司房地产业务新开工面积24.7万平方米，竣工项目 31.2万平方米。 其中2023年10--12月，公司房地产业务无新开工项目，竣工项目7.5万 平方米。 3、 2023年1--12月，公司房地产业务合同销售面积3.06万平方米，实现合 同销售金额9.55亿元，同比下降9.2%。 其中2023年10--12月，公司未实现销售。 4、 2023年12月末，公司出租房地产总面积135.3万平方米；2023年1--12月， 公司房地产业务取得租金总收入10.5亿元，同比增加25.78%。 其中2023年10--12月，公司房地产业务取得的租金总收入2.76亿元，同 比增加4.4%。 特此公告 上海张江高科技园区开发股份有限公司董事会 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示 一、日常关联交易基本情况 由于日常经营的需要，本公司及其附属公司与关联公司之间发生各项经常性的 关联交易。为进一步规范公司及其附属公司与关联公司之间的日常关联交易，公司 回顾了2023年度日常关联交易的预计和实际发生情况并预计2024年度将发生日常关 联交易的类别和金额。 股票代码：600895 股票简称：张江高科 编号：临2024-013 上海张江高科技园区开发股份有限公司 公司 2024 年度日常关联交易公告 （一）日常关联交易履行的审议程序 本次日常关联交易由公司八届三十三次董事会审议通过。会议召开前，全体独立 董事已召开独立董事专门会议，全票审议通过了此项日常关联交易，同意将此议案 提交公司董事会审议。 关联交易类型 关联人 收/付 2023年预计发生 金额（万元） 2023 实际发生 金额（万元） 向关联人出租房产 上海张江（集团） 有限公司 收 2,149.40 2,073.84 上海张江科技创业 投资有限公司 收 238.53 227.18 接受 ...

股票代码：600895 股票简称：张江高科 编号：临2024-009 上海张江高科技园区开发股份有限公司 第八届监事会第十一次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 上海张江高科技园区开发股份有限公司第八届监事会第十一次会议于 2024 年 3 月 28 日以现场方式在张江大厦召开。本次会议应出席监事 3 名，实际出席 监事 3 名。本次会议的召开符合《公司法》和《公司章程》的有关规定，经与会 监事认真审议，会议表决通过如下决议： 一、 2023 年度监事会报告 该议案将提交公司股东大会审议。 同意：3 票，反对：0 票，弃权：0 票 二、 2023 年年度报告 监事会全体监事认为：1.《2023 年年度报告》的编制和审议程序符合法 律、法规、公司章程和公司内部管理制度的各项规定；2.《2023 年年度报告》 的内容和格式符合中国证监会和上海证券交易所的各项规定，所包含的信息 客观地反映出公司当期的经营管理和财务状况等事项；3.未发现参与《2023 年年度报告》报告编制和审议的人员有违反保密规定的行 ...