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而產生或因依賴該等內容而引致的任 何損失承擔任何責任。 First Service Holding Limited 第 一 服 务 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2107） 截 至2022年12月31日 止 年 度 之 全 年 業 績 公 告 摘 要 • 截 至2022年12月31日 止 年 度 的 收 益 約 為 人 民 幣1,122.3百 萬 元，與 截 至2021年12月31日止年度的約人民幣1,119.9百萬元相比增幅約0.2%。 本 集 團 核 心 業 務 物 業 管 理 服 務 產 生 的 收 益 穩 步 增 長 至 約 人 民 幣 766.8百萬元，較截至2021年12月31日止年度的約人民幣611.1百萬元 增加約25.5%。 • 截 至2022年12月31日 止 年 度 的 溢 利 約 為 人 民 幣50.5百 萬 元，與 截 至 2021年12月31日 止 年 度 的 約 人 民 幣33.6百 萬 ...

Financial Performance - Total revenue for the first half of 2022 reached RMB 553.2 million, representing an 8.7% year-on-year increase[10]. - Property management service revenue was RMB 361.5 million, a significant increase of 49.1% compared to the previous year[10]. - The company reported a pre-tax profit of RMB 33.2 million, down from RMB 93.2 million in the same period last year, indicating a decrease of 64.4%[8]. - Net profit for the period was RMB 25.1 million, a decrease of 65.0% from RMB 71.8 million in the previous year[8]. - Revenue increased by approximately 8.7% from RMB 508.8 million in the six months ended June 30, 2021, to RMB 553.2 million in the same period of 2022[27]. - Profit decreased by approximately 65.0% from RMB 71.8 million in the six months ended June 30, 2021, to RMB 25.1 million in the same period of 2022, primarily due to the overall downturn in the Chinese real estate market[26]. - Gross profit decreased approximately 18.6% from RMB 170.8 million in the six months ended June 30, 2021, to RMB 139.1 million in the same period of 2022, with the gross margin dropping from 33.6% to 25.1%[42]. - The total comprehensive income for the period was RMB 35,899,000, compared to RMB 67,297,000 in the same period of 2021, indicating a decline of about 46.5%[127]. Assets and Liabilities - The total assets as of June 30, 2022, amounted to RMB 1,360.6 million, slightly up from RMB 1,357.9 million at the end of 2021[8]. - Total liabilities increased from RMB 684.4 million as of December 31, 2021, to RMB 711.1 million as of June 30, 2022, resulting in a debt-to-asset ratio increase from 50.4% to 52.3%[55]. - Trade and other receivables increased approximately 16.1% from RMB 425.0 million as of December 31, 2021, to RMB 493.4 million as of June 30, 2022, aligning with revenue growth[51]. - The company's total equity attributable to equity shareholders decreased to RMB 609,340 thousand from RMB 637,478 thousand, reflecting a decline of approximately 4.4%[132]. Operational Developments - The company actively engaged in community service initiatives, conducting 539 community cultural activities during the first half of the year[11]. - The company has contracted property management services in 104 cities across 25 provincial-level regions in China, with plans to actively expand into the western region[15]. - The company has launched a digital twin smart city service platform, "Blueprint," integrating urban services with digital twin technology, covering five major areas including municipal sanitation and community management[15]. - The AI intelligent operation and maintenance cloud platform has been deployed in 4 projects, achieving energy savings estimated between 10% and 30%[15]. - The company has expanded its value-added service categories to include community elderly care services, with a focus on a "full life cycle + full life scene" service model[15]. Market and Competitive Position - The company ranked sixth in the non-residential service sector in the 2022 China Property Service Listed Company Rankings[11]. - The company aims to enhance its property management business scale and brand awareness, targeting core cities and expanding market resources within a 5-kilometer radius of existing projects[18]. Shareholder and Governance Information - The final dividend for the year ended December 31, 2021, was HKD 0.0677 per share, totaling HKD 67.7 million, approved on June 21, 2022, and paid in cash on July 12, 2022[63]. - No interim dividend was recommended for the six months ended June 30, 2022[64]. - The company confirmed that there were no other disclosures required under the Listing Rules as of June 30, 2022[86]. - The company’s independent non-executive directors confirmed compliance with the standard code for securities transactions during the six months ended June 30, 2022[82]. Employee and Corporate Structure - The group employed 4,067 staff as of June 30, 2022, all based in China, with a focus on attracting and retaining qualified personnel[71]. - The employee stock fund was established to retain and attract qualified personnel for the group's ongoing operations and development[191]. Cash Flow and Investments - The company experienced a net cash outflow from operating activities of RMB 61,170 thousand for the six months ended June 30, 2022, compared to a net inflow of RMB 770 thousand in the same period of 2021[139]. - The company recorded cash inflows from investing activities of RMB 87,529 thousand, a significant improvement compared to a cash outflow of RMB 176,250 thousand in the same period of the previous year[139]. - The company reported a significant increase in cash received from the sale of financial assets at fair value, totaling RMB 256,721 thousand, compared to RMB 145,310 thousand in the prior year[139]. Compliance and Audit - The group’s financial report has been reviewed by KPMG and approved by the board on August 23, 2022, ensuring compliance with relevant accounting standards[142]. - The audit committee, consisting of three independent non-executive directors, reviewed the interim results for the six months ended June 30, 2022, and confirmed compliance with applicable accounting standards and regulations[83].

Financial Performance - In 2021, First Service Holding Limited reported revenue of RMB 1,119,869,000, a 44.4% increase from RMB 775,367,000 in 2020[11]. - The company achieved a net profit of RMB 33,609,000 in 2021, down 66.3% from RMB 99,603,000 in 2020[11]. - Revenue increased by approximately 44.4% from RMB 775.4 million in 2020 to RMB 1,119.9 million in 2021, driven by a 172.9% increase in managed building area from 19.1 million square meters to 52.1 million square meters[74]. - Property management service revenue rose about 90.0% from RMB 321.6 million in 2020 to RMB 611.1 million in 2021, attributed to an increase in the number of managed projects from 52 to 383[76]. - The green living solutions business generated revenue of RMB 195.9 million in 2021, while value-added services achieved revenue of RMB 312.9 million, with community value-added services growing by 32.1% to RMB 159.7 million[58]. - Gross profit rose by approximately 25.4% to RMB 335.4 million for the year ended December 31, 2021[90]. - Gross margin decreased from 34.5% for the year ended December 31, 2020, to 29.9% for the same period in 2021[91]. - Sales costs increased by approximately 54.5% to RMB 784.5 million for the year ended December 31, 2021, consistent with business expansion[88]. - Expected credit losses on trade receivables and contract assets increased by approximately 1,008.8% from RMB 10.2 million for the year ended December 31, 2020, to RMB 113.1 million for the year ended December 31, 2021[96]. - The company reported a significant decrease in profit from RMB 99.6 million in 2020 to RMB 33.6 million in 2021, primarily due to credit loss provisions related to real estate clients[74]. Operational Growth - As of December 31, 2021, the company managed 451 projects covering an area of 52.06 million square meters, representing a year-on-year growth of 173%[14]. - The number of contracted projects reached 539, with a total contracted area of 74.02 million square meters, a year-on-year increase of 98%[14]. - Third-party managed area increased to 37.83 million square meters, up 426% year-on-year, while contracted area from third parties grew by 201% to 47.32 million square meters[14]. - The total number of managed properties increased to 539 with a total contracted area of 74,022 thousand square meters, representing a 100% share of the total[79]. - The number of residential properties managed rose to 245, with a contracted area of 49,087 thousand square meters, accounting for 66.3% of the total[79]. - The company expanded its service offerings to include residential, public, commercial, and other property management, with managed areas of 27.9 million square meters, 6.9 million square meters, and 17.2 million square meters respectively[57]. Strategic Initiatives - In 2021, First Service Holding Limited entered into strategic partnerships with Dalian Yahang and Qingdao Luohang, enhancing its service capacity in the Bohai Rim region[13]. - The company aims to optimize operational efficiency and revenue through the expansion of third-party business and diversification of property management types[16]. - The company plans to continue expanding its property management business and enhance brand recognition, focusing on core cities and improving project management post-acquisition[61]. - The company plans to explore the "smart city services" sector by integrating digital twin technology with urban services, aiming to provide decision-making support for city management[62]. - The company aims to enhance smart community development by integrating 5G and IoT technologies, improving service efficiency and customer experience[65]. - The company is pursuing strategic acquisitions in the property management sector, with a target of completing at least two major deals within the next 12 months[166]. Corporate Social Responsibility - The company has been committed to corporate social responsibility, engaging in charitable activities and supporting education initiatives[45]. - The company actively promoted green and low-carbon property service concepts, winning several awards for its initiatives in waste classification and environmental sustainability[35]. - The company played a significant role in pandemic prevention efforts, receiving recognition from local governments and communities for its contributions[40]. - The company was awarded the title of "Advanced Unit in Pandemic Prevention and Control" by various local authorities[41]. Governance and Management - The company has established a strong governance structure with experienced directors overseeing its strategic initiatives[147]. - The board consists of 4 executive directors, 2 non-executive directors, and 3 independent non-executive directors, ensuring compliance with listing rules regarding board composition[177]. - The company has a focus on strategic planning and operational management, with Long Han responsible for leading overall development strategies since 2020[152]. - The management team includes independent non-executive directors with extensive experience in finance and property management, enhancing corporate governance[155][156]. - Continuous professional development is encouraged for all directors, with regular updates on company performance and regulatory changes provided[184]. Future Outlook - Future outlook indicates a projected revenue growth of 15% for the upcoming fiscal year, driven by new product launches and market expansion strategies[163]. - The company plans to expand its market presence by entering three new cities in China by the end of 2023, aiming for a 25% increase in market share[166]. - The company has established a new partnership with a leading technology firm to enhance its service offerings, expected to generate an additional $5 million in revenue annually[167]. - The company has set a goal to reduce operational costs by 10% through improved resource management and technology integration[168].

| --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-----------| | | ▲ | 0 | | | | | | | | | � | | | 2021 報告 | | 게도 | 曲 | @ | ET | | | | First Service Holding Limited 管 服务控股有限公司 (於開曼群島註冊成立的有限公司) 股份代號：2107 目 錄 目 錄 第一服务控股有限公司 二零二一年中期報告 2 公司資料 4 公司簡介 6 財務摘要 7 董事長報告 11 管理層討論與分析 22 其他資料 28 致第一服务控股有限公司董事會之審閱報告 29 綜合損益及其他全面收益表 31 綜合財務狀況表 33 綜合權益變動表 35 簡明綜合現金流量表 37 未經審核中期財務報告附註 58 釋義 | --- | --- | --- | |---------------------------|-------------------------------------|----- ...

First Service Holding Limited 第一服 務控股有限公司 First Service Holding Limited 第一服務控股有限公司 Annual Report 年報 2020 （於開曼群島註冊成立的有限公司） 股份代號：2107 2020 年報 目 錄 第一服务控股有限公司 二零二零年年度報告 2 公司資料 4 公司簡介 7 四年財務概要 8 2020年大事紀要及榮譽 16 董事長報告 22 管理層討論及分析 32 董事及高級管理層 40 企業管治報告 54 董事會報告 76 獨立核數師報告 81 合併損益及其他全面收益表 83 合併財務狀況表 85 合併權益變動表 86 合併現金流量表 88 合併財務報表附註 153 釋義 第一服务控股有限公司 二零二零年年度報告 公司資料 董事會 執行董事 劉培慶先生 賈岩先生 金純剛先生 朱莉女士 非執行董事 張鵬先生（董事長） 龍晗先生 獨立非執行董事 孫靜女士 朱彩清女士 程鵬先生 審核委員會 孫靜女士（主席） 朱彩清女士 程鵬先生 薪酬委員會 程鵬先生（主席） 張鵬先生 朱彩清女士 提名委員會 張鵬先生（主席） 朱彩清女士 程鵬先 ...