Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 996,988,000, representing an increase of 4.1% compared to RMB 957,821,000 for the same period in 2024[5] - Gross profit for the same period was RMB 151,014,000, up 7.0% from RMB 140,180,000 in 2024[5] - The company reported a profit before tax of RMB 79,565,000, compared to a loss of RMB 13,634,000 in the previous year[6] - Net profit for the period was RMB 57,520,000, a significant recovery from a loss of RMB 15,875,000 in 2024[6] - Basic earnings per share for the period was RMB 19.77, compared to a loss per share of RMB 5.76 in the previous year[6] - Revenue from customer contracts for the six months ended June 30, 2025, was RMB 992,258,000, an increase of 3.5% compared to RMB 955,895,000 for the same period in 2024[13] - Total rental income from investment properties for the six months ended June 30, 2025, was RMB 4,730,000, up 145.5% from RMB 1,926,000 in 2024[13] - Property management service revenue for the six months ended June 30, 2025, was RMB 789,785,000, a 14.8% increase from RMB 688,223,000 in 2024[14] - Revenue from value-added services decreased by approximately 24.4% to about RMB 202.5 million for the six months ending June 30, 2025, compared to RMB 267.7 million for the same period in 2024[40] Assets and Liabilities - Total assets as of June 30, 2025, were RMB 536,333,000, down from RMB 559,257,000 as of December 31, 2024[7] - Current liabilities decreased to RMB 822,624,000 from RMB 1,004,885,000 in the previous period, indicating improved liquidity[8] - The company's net asset value increased to RMB 266,378,000 from RMB 213,466,000 in the previous year, reflecting a stronger financial position[8] - Cash and cash equivalents decreased to RMB 195,945,000 from RMB 394,377,000, indicating a need for cash management strategies[7] - Trade receivables as of June 30, 2025, amounted to RMB 613,101,000, an increase of 22.3% from RMB 501,276,000 as of December 31, 2024[21] - The group's trade payables were approximately RMB 100.1 million as of June 30, 2025, a decrease of about 21.0% from RMB 126.7 million as of December 31, 2024[56] - As of June 30, 2025, the group's contract liabilities were approximately RMB 308.9 million, a decrease of about 25.0% from RMB 412.1 million as of December 31, 2024[58] Operational Highlights - The company managed a total of 807 properties as of June 30, 2025, serving over 590,000 households and covering a population of more than 1.9 million[24] - The company operates in 22 cities across China, with 20 cities located in the Yangtze River Delta metropolitan area[24] - The total number of managed properties decreased by 25.6% from 1,084 in 2024 to 807 in 2025, with a significant reduction of 36.5% in Nanjing, primarily due to the group's proactive exit from loss-making projects[29] - The number of non-residential properties under management increased by 2.3% to 447 in 2025, while residential properties decreased by 44.4% to 360[32] - Approximately 94.2% of the group's projects were obtained from the market, primarily from property developers or independent third parties[34] Corporate Governance and Compliance - The company has committed to maintaining high standards of corporate governance and has adopted the corporate governance code as part of its practices[78] - The audit committee, consisting of three independent non-executive directors, has reviewed and discussed the unaudited interim consolidated financial information for the six months ending June 30, 2025[80] - The company has confirmed compliance with the standards set forth in the securities trading code and has not identified any violations for the six months ending June 30, 2025[81] - The company has not purchased appropriate insurance for its directors and senior officers against potential legal actions, despite reasonable efforts to obtain such coverage[79] Trading Status and Future Outlook - The company has been suspended from trading since August 28, 2024, and will remain suspended until further notice[9] - As of November 11, 2024, the company received guidance from the stock exchange regarding the resumption of trading, which includes publishing all outstanding financial results and conducting appropriate independent investigations[71] - The company must remedy the issues leading to its suspension by February 27, 2026, or risk losing its listing status[72] - The company has taken measures to comply with the resumption guidance and will provide further announcements regarding compliance progress[73] Employee and Management Changes - The group employed a total of 10,987 employees as of June 30, 2025, providing competitive compensation packages including various social insurances[65] - There were significant changes in the board of directors, including the resignation of the acting CEO and the appointment of a new chairman[75]

Core Viewpoint - The company expects to achieve a profit attributable to owners of approximately RMB 50 million to RMB 60 million for the six months ending June 30, 2025, compared to a loss of approximately RMB 15.4 million for the six months ending June 30, 2024 [1] Financial Performance - The turnaround from loss to profit is primarily attributed to the absence of impairment losses on financial assets, which amounted to approximately RMB 60 million for the six months ending June 30, 2024 [1] - Additionally, there was a parking deposit impairment loss of approximately RMB 24 million during the same period, which will not be present in the upcoming reporting period [1]

Core Viewpoint - 瑞森生活服务 (01922) expects to achieve a profit attributable to shareholders of approximately RMB 50 million to RMB 60 million for the six months ending June 30, 2025, compared to a loss of approximately RMB 15.4 million for the six months ending June 30, 2024, indicating a significant turnaround from loss to profit [1]. Financial Performance - The expected profit for the upcoming period is attributed to the absence of impairment losses on financial assets and parking deposit, which amounted to approximately RMB 60 million and RMB 24 million respectively in the previous period [1].

Core Viewpoint - 瑞森生活服务 reported a revenue of 1.956 billion, a year-on-year decrease of 0.89%, and a loss attributable to shareholders of 26.664 million, compared to a profit of 90.275 million in the same period last year, indicating challenges in project management and service offerings [1] Revenue Breakdown - The decrease in revenue is attributed to a reduction in the number of projects managed by the group, leading to a decline in income from value-added services [1] - Revenue from property management services increased by approximately 3.2%, primarily due to the addition of large-scale projects and the reduction of projects with unsatisfactory revenue or profitability [1] - Revenue from value-added services decreased by approximately 15.7%, mainly due to (i) a reduction in the number of projects under management; (ii) a contraction in the scope of urban-level value-added services, resulting in decreased income from the battery swapping business [1]

本 公 告 由 瑞 森 生 活 服 務 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 稱 為「本集團」）根 據 香 港 聯 合 交 易 所 有 限 公 司（「聯交所」）證 券 上 市 規 則（「上市規則」）第13.09條 以 及 證 券 及 期 貨 條 例（香 港 法 例 第571章）第X I VA部 內 幕 消 息 條 文（定 義 見 上 市 規 則）作 出。 本 公 司 董 事 會（「董事會」）謹 此 知 會 本 公 司 股 東（「股 東」）及 潛 在 投 資 者，根 據 其 對本集團截至2025年6月3 0日 止 六 個 月（「該期間」）未 經 審 核 綜 合 管 理 賬 目 的 初 步 評 估，本 集 團 預 期 於 該 期 間 錄 得 本 公 司 擁 有 人 應 佔 溢 利 介 乎 人 民 幣5 0百萬元 至人民幣6 0百 萬 元，而 截 至2024年6月3 0日止六個月則錄得本公司擁有人應佔 虧 損（「虧 損」）約 人 民 幣15.4百 萬 元。轉 虧 為 盈 主 要 歸 因 於 於 截 至2024年6月3 0 日 止 六 個 月，金 融 資 產 減 值 虧 損 約 人 民 幣6 0百 ...

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 就 因 本 公 告 全 部 或 任 何 部 分 內 容 所 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 瑞森生活服務有限公司 RUISEN LIFE SERVICE CO, LIMITED （於開曼群島註冊成立的有限公司） （ 股 份 代 號：1922） 截至2024年12月31日止年度 年度業績公告 及 繼續暫停買賣 業績摘要 1 • 於2024年的收益約為人民幣1,955.7百 萬 元，較2023年約人民幣1,973.2 百萬元減少約0.9%。 • 於2024年的毛利約為人民幣272.0百 萬 元，較2023年約人民幣311.3百 萬 元減少約12.6%。於2024年的毛利率約為13.9%，較2023年 約15.8%減 少 1.9個 百 分 點。 • 於2024年的虧損約為人民幣20.6百 萬 元，較2023年溢利約人民幣97.0百 萬元減少約121.2%。2024年的淨虧損率約為1. ...

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 就 因 本 公 告 全 部 或 任 何 部 分 內 容 所 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 瑞森生活服務有限公司 RUISEN LIFE SERVICE CO, LIMITED （於開曼群島註冊成立的有限公司） 中期業績 瑞 森 生 活 服 務 有 限 公 司（「本公司」）之 董 事（「董 事」，各「董 事」）會（「董事會」）欣 然 公 佈 本 公 司 及 其 附 屬 公 司（「本集團」）截 至2024年6月3 0日止六個月之未經審 核 中 期 簡 明 綜 合 財 務 資 料，連 同 截 至2023年6月3 0日 止 六 個 月 之 比 較 數 字。 中期簡明綜合損益及其他全面收益表 | | | 截 至6月3 | 0日止六個月 | | --- | --- | --- | --- | | | 附 註 | 2024年 | 2023年 | | | | 人民幣千元 | 人民幣千元 | ...

瑞森生活服務有限公司 （ 股 份 代 號：1922） 職權範圍書－提名委員會 1. 組 成 瑞 森 生 活 服 務 有 限 公 司（「 本公司 」）董 事（「 董 事 」）會（「 董事會 」）於 二 零 一 九 年 十 月 十 五 日 議 決 成 立 本 公 司 提 名 委 員 會（「委員會」），下 列 委 員 會 職 權 範 圍 已 於 二 零 二 五 年 十 一 月 二 十 一 日 經 董 事 會 修 訂 通 過。 RUISEN LIFE SERVICE CO, LIMITED 2. 成 員 3. 委員會秘書 本 公 司 的 公 司 秘 書 須 出 任 委 員 會 秘 書（「委員會秘書」）一 職。委 員 會 可 不 時 委 任 任 何 其 他 具 備 適 當 資 格 及 經 驗 的 人 士 擔 任 委 員 會 秘 書。委 員 會 秘 書 或 （倘 其 未 能 出 席 會 議）其 代 表 或 委 員 會 的 任 何 成 員 應 擔 任 會 議 秘 書。 1 （於開曼群島註冊成立的有限公司） 2.1 委 員 會 成 員 由 董 事 會 在 董 事 中 委 任，最 少 須 由 三 名 成 員 組 成，且 大 多 ...

Core Insights - The property industry is experiencing unprecedented personnel changes, particularly highlighted by the recent leadership shifts at Dongyuan Renzhi Service (02352.HK) and Ruishen Life Service (01922.HK) [1][2] - The contrasting decisions made by the owners of these companies reflect differing strategies in response to the current challenges in the property sector [2][3] Company Adjustments - On November 7, Dongyuan Renzhi Service announced a significant executive reshuffle involving four new appointments and two departures, while Ruishen Life Service made similar changes on November 3, with three new appointments and two exits [1] - Luo Shaoying, at 52, has taken a more active role in Dongyuan Renzhi Service, transitioning from a non-executive director to an executive director, indicating a hands-on approach to management [1] - In contrast, Huang Qingping, the founder of Yincheng Group, has stepped down from his role at Ruishen Life Service, indicating a withdrawal from the board [1] Industry Context - The property service sector is currently facing significant challenges due to a downturn in the real estate market, leading to reduced stable revenue sources and increased financial pressures [4] - The need for owners to either re-engage in operations or step back to mitigate risks is becoming a common theme among property service companies [4][5] Financial Performance - Dongyuan Renzhi Service reported a revenue of 1.53 billion yuan for 2024, remaining stable year-on-year, but faced a net loss of approximately 61.64 million yuan, contrasting with a profit of 3.43 million yuan in the previous year [5] - For the first half of 2025, the company achieved a revenue of 793.7 million yuan, a 3.1% increase year-on-year, but its profit was only about 28.8 million yuan, reflecting a 14.2% increase, while gross profit margin fell to 13.8%, the lowest in five years [6] Leadership Dynamics - The departure of key figures such as Tian Ming from Longfor Green Life and Geng Jianfu from Rongwanjia indicates a trend of founders stepping back from active roles, often citing personal reasons [8] - The exit of Huang Qingping from Ruishen Life Service is seen as part of a broader internal power struggle, with significant changes in the board composition aimed at enhancing independence and managing conflicts of interest [9][10]

格隆汇11月17日丨瑞森生活服务(01922.HK)公告，监于公司核数师需要额外时间审阅末期业绩及上年度 调整，董事会谨此宣布，上述董事会会议将延期至2025年11月21日(星期五)。 继续暂停买卖。 ...