Financial Performance - For the year ended December 31, 2025, the group achieved total revenue of approximately RMB 2,097.1 million, representing an increase from RMB 1,951.3 million in 2024, which is a growth of about 7.5%[3] - The gross profit for the year was approximately RMB 417.6 million, slightly up from RMB 410.0 million in 2024, indicating a stable gross margin[3] - Net profit for the year was approximately RMB 41.2 million, compared to RMB 36.1 million in 2024, reflecting an increase of about 14.5%[3] - Basic and diluted earnings per share for the year were both RMB 1.35, up from RMB 1.27 in 2024, representing an increase of about 6.3%[6] - Total comprehensive income for the year amounted to RMB 29.1 million, down from RMB 36.3 million in 2024, indicating a decrease of approximately 19.8%[6] - The company reported a net profit of RMB 18,725 thousand for the year ending December 31, 2025, compared to RMB 20,945 thousand in 2024, reflecting a decrease of about 10.6%[23] - The company incurred a total impairment loss of RMB 95,871 thousand in 2025, up from RMB 59,775 thousand in 2024, representing an increase of approximately 60.4%[24] Assets and Liabilities - The group’s debt-to-asset ratio as of December 31, 2025, was approximately 24.4%, remaining stable compared to 24.3% in 2024[2] - As of December 31, 2025, the group had no interest-bearing debt outstanding, maintaining a strong balance sheet[2] - The group’s total assets as of December 31, 2025, were approximately RMB 4,472.1 million, compared to RMB 4,362.4 million in 2024, showing an increase of about 2.5%[7] - Current liabilities were approximately RMB 1,452.2 million, slightly up from RMB 1,415.3 million in 2024, indicating a rise of about 2.6%[8] - The group’s net asset value as of December 31, 2025, was approximately RMB 4,540.0 million, compared to RMB 4,481.3 million in 2024, reflecting an increase of about 1.3%[8] - Trade receivables amounted to RMB 946.585 million for 2025, slightly up from RMB 933.882 million in 2024, with a net amount of RMB 777.462 million after deducting credit loss provisions[29] - Trade payables decreased to RMB 493.412 million in 2025 from RMB 500.012 million in 2024, with the 0 to 60 days category showing a decline from RMB 240.934 million to RMB 208.441 million[31] Revenue Breakdown - For the year ending December 31, 2025, total revenue from property management services was RMB 2,003,911 thousand, while value-added services contributed RMB 93,144 thousand, resulting in a total revenue of RMB 2,097,055 thousand[17] - Property management service revenue grew by 8.1% in the fiscal year 2025 compared to the previous year, contributing significantly to overall revenue growth[61] - Value-added service revenue decreased by 4.0% to approximately RMB 93.1 million in 2025, down from RMB 97.1 million in 2024[65] Employee and Operational Metrics - The group employed over 25,579 personnel to provide property management and consulting services as of December 31, 2025[50] - The total employee costs for the year ending December 31, 2025, amounted to RMB 634,275 thousand, a slight decrease from RMB 642,951 thousand in 2024[25] - The company had approximately 9,258 employees as of December 31, 2025, a decrease from approximately 10,191 employees on December 31, 2024[90] Strategic Initiatives - The company is focusing on digital transformation and smart community services, leveraging IoT, big data, and AI technologies to enhance operational efficiency and service quality[33] - The company aims to upgrade its service model from labor-intensive to data-driven and intelligent collaboration, enhancing customer experience and operational consistency[34] - The company has launched an AI-driven one-stop service platform, "Kale Cloud Butler," to streamline owner services, improving convenience and service continuity[36] - The company is implementing integrated management and financial processes to enhance efficiency and consistency in accounting and reporting[37] - The company is committed to fostering community engagement through various activities, enhancing relationships among residents and property staff, and building trust for future community consumption scenarios[37] Community and Market Presence - The total contracted management area reached approximately 254.93 million square meters, covering about 1,518 communities across 121 cities in China[47] - The management area in Shenzhen was 4,419 thousand square meters with 74 communities, while the total for South China (excluding Shenzhen) was 43,781 thousand square meters with 317 communities[47] - The total management area in the East China region was 88,213 thousand square meters, with 506 communities[47] - The management area in the Southwest region decreased from 49,498 thousand square meters in 2024 to 33,631 thousand square meters in 2025, with a reduction in community numbers from 237 to 205[47] Governance and Compliance - The company complied with all code provisions of the Corporate Governance Code during the year ended December 31, 2025[101] - The annual performance for the year ending December 31, 2025, has been reviewed by the Audit Committee consisting of three independent non-executive directors[105] - The board did not recommend the payment of a final dividend for the year ended December 31, 2025[96] Future Outlook - The company expects that the application of the new Hong Kong Financial Reporting Standards will not have a significant impact on its financial performance and position, although it may affect the structure and presentation of the consolidated income statement[14] - The company is currently assessing the detailed impact of the new Hong Kong Financial Reporting Standards on its consolidated financial statements[14] - The company plans to expand its value-added service business steadily, focusing on improving project management capabilities and service value[38]

承董事會命 彩生活服務集團有限公司 主席 朱晉東 香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告之內容概 不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就因本 公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任 何責任。 COLOUR LIFE SERVICES GROUP CO., LIMITED 彩生活服務集團有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1778） 董事會會議通告 彩生活服務集團有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事 （「董事」）會（「董事會」）謹此宣佈，董事會會議將於2026年3月27日（星期五）舉 行，以（其中包括）商討及酌情批准本集團截至2025年12月31日止年度之年度業 績及建議派發股息（如有）。 香港，2026年3月16日 於本公告日期，本公司董事會包括執行董事劉宏才先生及楊瀾女士；非執行 董事朱晉東先生、Timothy David Gildner先生及沙鋒先生；以及獨立非執行董 事李恩輝先生、李鑫華先生及俞珊女士。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 COLOUR LIFE SERVICES GROUP CO., LIMITED 彩生活服務集團有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1778） 彩生活服務集團有限公司 主席 本公司於2026年3月12日獲告知，重組協議項下擬進行的交易已告完成。於重 組協議項下擬進行的交易完成後（其中包括）：(i)買方收購本公司已發行股份 約21.97%；(ii)本公司已發行股份約10.0%轉讓予TFISF指定實體（作為對據稱擔 保的有效執行）；(iii)花樣年保留持有本公司已發行股份約9.98%，該等股份不 受任何據稱擔保或其他申索所限；及(iv)本公司不再為花樣年的附屬公司。 1 於本公告日期，曾寶寶小姐透過（其中包括）買方、花樣年及Fantasy Pearl International Limited間接擁有本公司已發行股份約59.99%，並繼續為本公司的 控股股東。 有關重組協議的進一步詳情 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 彩生活服務集團有限公司 呈交日期: 2026年3月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01778 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.1 | HKD | | 5,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.1 | HKD | | 5,000,000,000 | 本月底 ...

Core Insights - The property management industry is transitioning from focusing on new housing projects to emphasizing the management of existing assets and stock market operations due to a decline in the new housing market, with new housing starts expected to decrease by 20.4% year-on-year in 2025 [2][30] - The importance of value-added services in enhancing asset value and the necessity of implementing stock asset operations are highlighted as key strategies for property companies [2][30] Group 1: Concept and Value - Stock asset operation refers to a series of management activities aimed at maintaining and enhancing the value of completed real estate properties through professional management, services, renovations, and capital operations [3][31] - The value generated from stock asset operations includes maintaining asset pricing, enhancing owner experience, improving property fee collection rates, and contributing to social value through community governance [3][31][32] Group 2: Implementation Path - High-quality basic services are essential for asset preservation, acting as a "stabilizer" for asset value, while diversified value-added services serve as a "magnifier" and "accelerator" for enhancing asset value [6][34] - Successful examples, such as the Nanjing project by New Town Yue Service, demonstrate how quality property management can maintain property values even in declining markets, with the average second-hand house price remaining at 4.39 million yuan per square meter, higher than the opening price [9][36] Group 3: Execution Principles - Property companies must prioritize understanding the actual needs of owners when selecting value-added services, shifting from a supply-driven model to a demand-driven approach [11][38] - Establishing a systematic demand insight mechanism is crucial for capturing unspoken needs of owners, such as temporary storage or pet services, through various data collection methods [12][39] Group 4: Integrated Practices - The exploration of the "property service + life service" model has been encouraged by policies since 2021, aiming to integrate property services with various life services to enhance community asset operations [20][44] - The "property service into households" initiative aims to extend professional services into private home spaces, addressing specific household pain points and enhancing the trust and skill levels of property companies [23][48] Group 5: Case Studies - Various property companies are implementing innovative service models, such as the "One-stop Resource Integration Platform" by Country Garden Service, which combines multiple social service resources [21][47] - New Town Yue Service's "Yue XIN Home+" system provides professional in-home services, addressing daily household challenges and enhancing owner satisfaction [25][50]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 彩生活服務集團有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01778 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.1 | HKD | | 5,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.1 | HKD | | 5,000,000,000 | 本月底 ...

Group 1: Debt Restructuring Progress - The company has made significant progress in its debt restructuring efforts, with a court order from the Hong Kong High Court directing creditors to hold a meeting on February 20 to review the proposed restructuring plan [1] - The company is also advancing its offshore debt restructuring plan in the Cayman Islands, with a hearing scheduled for January 23 [1] - The initiation of the statutory review process for the restructuring plan marks the entry into the creditor voting phase, indicating a structured approach to resolving debt issues [1] Group 2: Sale of Stake in Color Life - The company announced the sale of 409 million shares of Color Life for approximately $4.5284 million (around 31.59 million RMB), resulting in a significant reduction in its ownership stake and loss of control over Color Life [2] - The sale price of HKD 0.087 per share represents a discount of about 48.82% compared to the market price at the time of the restructuring agreement [3] - The buyer of the shares is an entity controlled by the company's founder, indicating that while the company loses control, the shares remain within the founder's influence [4] Group 3: Resolution of Dispute with TFISF - The company resolved a long-standing debt dispute with TFISF by selling Color Life shares, which will be used to repay debts owed to TFISF [3] - The dispute began in 2021, with the company failing to repay a principal amount of $500 million, leading to TFISF's attempts to auction off shares held in trust [5] - The resolution is seen as a near "win-win" situation, allowing the founder to regain control of the shares while alleviating some of the company's debt issues [6] Group 4: Debt Extension and Restructuring - The company has received support for the extension of $4 billion in debt and multiple domestic bonds, with a court order facilitating the restructuring process [6] - The restructuring plan includes three repayment options, with the longest maturity extending to 2034 and interest rates reduced to around 3% [6] - A significant majority of creditors have agreed to the restructuring support agreement, indicating strong backing for the company's debt management strategy [7] Group 5: Financial Performance and Future Outlook - The company reported cumulative sales of 664 million RMB over the first 11 months of the previous year, indicating ongoing challenges in the market [6] - The recent debt restructuring efforts provide the company with an opportunity to stabilize its financial position and seek future growth in a volatile market environment [6]

Group 1 - Splendid Fortune Enterprise Limited increased its stake in Color Life Services Group (01778) by approximately 409 million shares at a price of HKD 0.087 per share, totaling around HKD 35.55 million [1] - After the acquisition, Splendid Fortune's total shareholding in Color Life reached approximately 928 million shares, representing a stake of 49.89% [1]

Group 1 - Splendid Fortune Enterprise Limited increased its stake in Colour Life (01778) by approximately 409 million shares at a price of HKD 0.087 per share, totaling around HKD 35.55 million [1] - Following the acquisition, Splendid Fortune's total shareholding in Colour Life reached approximately 928 million shares, representing a stake of 49.89% [1] Group 2 - Splendid Fortune Enterprise Limited, along with Fantasia Holdings Group Co., Limited and TFISF, entered into a Restructuring Agreement, which includes the acquisition of 408,595,119 Colour Life shares by Splendid Fortune [2] - The capitalized terms used in the agreement align with those defined in the announcement published by Fantasia on January 2, 2026, which provides further details [2]

Group 1 - Splendid Fortune Enterprise Limited increased its stake in Colour Life (01778) by approximately 409 million shares at a price of HKD 0.087 per share, totaling around HKD 35.55 million [1] - Following the acquisition, Splendid Fortune's total shareholding in Colour Life reached approximately 928 million shares, representing a 49.89% ownership stake [1] - The acquisition is part of a Restructuring Agreement involving Fantasia Holdings Group Co., Limited, TFISF, and Splendid Fortune Enterprise Limited, which includes the acquisition of 408,595,119 Colour Life shares by Splendid Fortune [2]