Suxin Joyful Life Services Co., Ltd. 蘇新美好生活服務股份有限公司 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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2152） 截 至2024年12月31日 止 年 度 的 年 度 業 績 公 告 | 財 | 務 | 概 | 要 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

Company Locations and Offices - The company's registered office and headquarters are located at Room 3001, 30/F, SND International Commerce Tower, 28 Shishan Road, Gaoxin District, Suzhou, Jiangsu Province, PRC[3] - The principal place of business in Hong Kong is at 40/F, Dah Sing Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong[3] - The H Share Registrar is Computershare Hong Kong Investor Services Limited, located at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong[4] - The company's auditor is Ernst & Young, located at 27/F, One Taikoo Place, 979 King's Road, Quarry Bay, Hong Kong[4] - The compliance advisor for the company is Dongxing Securities (Hong Kong) Company Limited, located at 7503B–7504, 75/F, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong[4] Financial and Legal Advisors - The company's principal banks include Industrial and Commercial Bank of China, Agricultural Bank of China, Hua Xia Bank, Bank of Communications (Hong Kong) Limited, and Chiyu Banking Corporation Limited[5] - The company's legal advisors include Grandall Zimmern Law Firm for Hong Kong law and Jiangsu He & Partners Law Firm for PRC law[4] Company Information and Stock Details - The company's website is www.suxinfuwu.com[5] - The stock code for the company on the Hong Kong Stock Exchange is 2152[5] - The Group's H shares were listed on the Main Board of the Stock Exchange on 24 August 2022 by way of global offering[78] Board of Directors - The company's board of directors includes executive directors Mr. Cui Xiaodong (Chairman), Mr. Zhou Jun, and Mr. Chen Mingdong (appointed with effect from 14 June 2024), and non-executive directors Ms. Li Xin, Mr. Cao Bin, and Mr. Zhang Jun[2] Company Achievements and Rankings - The Group has been recognized as one of the Top 100 Property Management Companies of China for nine consecutive years since 2016[79] - The Group was ranked 33rd among the 2024 Top 100 Property Management Companies of China by CIA in terms of overall strength[79] - The Group was honored as one of the "Leading Smart City Services Companies in China" by CIA in 2024[79] - Shishan Cultural Square, a project under management, was accredited as "China Five-Star Property Service Project in 2024"[79] - The Group was ranked 33rd among the Top 100 Property Management Companies in China in 2024[80] - The Group's Lion Mountain Cultural Plaza project was awarded the "2024 China Five-Star Property Service Project"[80] Property Management and Services - The Group's total contracted gross floor area reached 18.0 million sq.m. as of 30 June 2024, representing a 14.6% increase compared to 30 June 2023[85][86] - The Group managed 139 projects with a total GFA of over 16.5 million sq.m. as of 30 June 2024[85][86] - The Group's basic residential property management services grew significantly, with GFA under management increasing from 7,943.7 thousand sq.m. in 2023 to 9,506.6 thousand sq.m. in 2024, a 19.7% increase[90] - The Group provided municipal infrastructure services to 32 projects as of 30 June 2024[93][96] - The Group managed public facilities with a GFA of approximately 3.8 million sq.m. as of 30 June 2024[94][97] - The Group operated three waste collection centers with a maximum daily processing capacity of 1,200 tons of household waste and 50 tons of bulky waste as of 30 June 2024[99] - The Group's basic commercial property management services expanded, with GFA under management increasing from 3,453.1 thousand sq.m. in 2023 to 3,849.4 thousand sq.m. in 2024, an 11.5% increase[90] - The Group's total number of managed projects increased from 111 in 2023 to 139 in 2024, a 25.2% growth[90] - The company operates three waste treatment centers with a maximum daily processing capacity of 1,200 tons of domestic waste and 50 tons of bulky waste as of June 30, 2024[101] - The company manages 61 commercial properties with a total GFA of approximately 9.5 million sq.m. and 31 residential properties with a total GFA of approximately 3.2 million sq.m. as of June 30, 2024[103][106] Financial Performance - Group revenue increased by 28.3% from RMB348.8 million in H1 2023 to RMB447.5 million in H1 2024, driven by growth in city services and commercial property management[118][120] - City services revenue grew 39.9% to RMB288.3 million, primarily due to expansion of municipal infrastructure services and addition of public facilities like cultural and sports complexes[118][120] - Commercial property management revenue increased 27.7% to RMB119.4 million, driven by growth in managed commercial property sales offices and industrial park projects[118][120] - Residential property management revenue decreased 16.3% to RMB32.2 million, mainly due to the closure of the Haixu Lanting project[119][120] - Property leasing revenue declined 28.9% to RMB7.6 million, primarily due to lower occupancy rates at Jinlin Apartment[119][120] - Gross profit increased 18.5% to RMB88.1 million, with a gross profit margin of 19.7%, down from 21.3% in H1 2023[127][128] - Cost of sales rose to RMB359.5 million, up from RMB274.5 million in H1 2023, primarily due to new projects[124][125] - City services gross profit margin decreased to 20.3% from 22.0%, while commercial property management margin improved to 18.3% from 17.7%[127] - Property leasing gross profit margin dropped significantly to 62.1% from 84.1% in H1 2023[127] - Residential property management gross profit margin declined to 8.5% from 9.0%[127] - Gross profit for city services increased by 29.6% from RMB45.3 million to RMB58.7 million due to expanded integrated city services and new public facilities[130] - Gross profit for commercial property management services rose by 32.4% from RMB16.5 million to RMB21.9 million, driven by increased management of sales offices and industrial parks[130] - Gross profit for residential property management services decreased by 20.8% from RMB3.5 million to RMB2.7 million due to the closure of the Haixu Lanting project[130] - Gross profit for property leasing services dropped by 47.5% from RMB9.0 million to RMB4.7 million due to lower occupancy rates at Jinlin Apartment[130] - Other income and gains decreased by 41.5% from RMB11.5 million to RMB6.7 million, primarily due to reduced exchange differences[130] - Other expenses surged by 20.9 times from RMB0.6 million to RMB13.0 million due to fair value losses on investment properties[133] - Finance costs decreased by 13.5% from RMB7.9 million to RMB6.8 million due to lower bank loan interest rates and partial loan repayments[134] - Profit for the period decreased from RMB34.5 million to RMB32.4 million, mainly due to increased other expenses[136] Financial Position and Assets - Investment properties decreased from RMB332.7 million to RMB322.2 million due to a decline in the fair value of Jinlin Apartment[145] - Equity investments designated at fair value through other comprehensive income stood at RMB4.8 million as of 30 June 2024[146] - Trade receivables increased by 31.2% from RMB295.1 million as of 31 December 2023 to RMB387.2 million as of 30 June 2024, driven by the expansion of city services and unsettled payments for integrated city services projects[154][155] - Trade payables increased by 25.4% from RMB301.3 million as of 31 December 2023 to RMB377.8 million as of 30 June 2024, primarily due to unsettled payments for integrated city services projects[154][155] - Contract liabilities decreased by 24.3% from RMB53.7 million as of 31 December 2023 to RMB40.6 million as of 30 June 2024, mainly due to a decrease in advance receipts[156][159] - Total current assets increased by 1.6% from RMB868.0 million as of 31 December 2023 to RMB881.8 million as of 30 June 2024, driven by the expansion of city services and increased trade receivables[157][160] - Total current liabilities increased by 9.9% from RMB510.9 million as of 31 December 2023 to RMB561.6 million as of 30 June 2024, primarily due to increased trade payables[157][160] - Net current assets decreased by 10.3% from RMB357.1 million as of 31 December 2023 to RMB320.3 million as of 30 June 2024[157][160] - Cash and cash equivalents amounted to RMB313.8 million as of 30 June 2024, with RMB190.6 million denominated in RMB and HK$135.0 million (equivalent to RMB123.2 million) in Hong Kong dollars[158][161] - Interest-bearing bank loans amounted to RMB114.1 million as of 30 June 2024, all denominated in RMB and carried at fixed rates[164] - The Group's total borrowings as of 30 June 2024 were RMB114.063 million, a decrease from RMB119.063 million as of 31 December 2023[165] - Capital expenditures for the six months ended 30 June 2024 were RMB13.3 million, significantly lower than the RMB49.0 million recorded as of 31 December 2023[168] - Other liabilities as of 30 June 2024 were RMB175.6 million, slightly increased from RMB174.0 million as of 31 December 2023[170] - The Group's gearing ratio for the six months ended 30 June 2024 was 35.8%, a slight decrease from 36.1% as of 31 December 2023[171] - The Group's bank loans of approximately RMB114.1 million were secured by investment properties and buildings with a carrying value of RMB52.4 million as of 30 June 2024[171] Strategic Plans and Investments - The company plans to expand its business scale through mergers and acquisitions, equity investments, and strategic cooperation to improve project bidding rates and business growth rates[105][108] - The company aims to fully enter the Jiangsu Province market, optimizing service strategies and expanding its service range to establish a comprehensive business network[110][111] - The company will enhance service quality and customer satisfaction through regular feedback surveys, staff training, and customized property solutions[112][113] - The company will accelerate digital development by promoting integrated customer service centers and WeChat Apps, improving service quality and efficiency through smart property management systems[112][113] - The Group successfully acquired land use rights in Suzhou for RMB49.57 million, with full payment completed by the report date[184] - The company successfully acquired the land use rights for Suzhou land at a cost of RMB 49.57 million, paid in two installments of 50% each, with full payment completed by the report date[187] - The company raised net proceeds of approximately HK$176.3 million from the Global Offering, including HK$8.78 million from the partial exercise of the Over-allotment Option[189] - The company reallocated HK$52.9 million of net proceeds from "Acquisition of office building in Hong Kong for own use and leasing" to fund the "Acquisition of the land in the PRC"[190] - The company plans to utilize the net proceeds according to the plans set out in the prospectus dated 10 August 2022 and the 2024 UOP Announcement, with no other changes to the use of remaining unutilized net proceeds[191] - The company allocated HK$52.9 million for the acquisition of other property management companies and companies providing city services and property management services, with completion expected by 31 December 2024[192] - The company allocated HK$52.9 million for strategic investments in waste collection centers and companies providing operational and management services to waste collection centers, with completion expected by 31 December 2024[192] - The company allocated HK$26.4 million for the establishment of its own brand "Suxin Leju" and the launch of apartment management and operational services for housing for talents, with completion expected by 31 December 2024[193] - The company allocated HK$14.1 million for investments in companies providing elderly care, nursing, and medical services, with no specific completion date provided[193] - As of 30 June 2024, the company had unutilized net proceeds of HK$52.9 million, with expected full utilization by 31 December 2024[193] - Technological investment of HK$71 million allocated for the Group's technologies and intelligent operations, with full utilization expected by 31 December 2024[197] - HK$53 million allocated for talent training and retention, to be fully utilized by 31 December 2024[197] - HK$17.6 million allocated for working capital and other general corporate purposes, with full utilization expected by 31 December 2024[197] - Total net proceeds allocated for various purposes amounted to HK$176.30 million, with HK$108.08 million remaining unutilized as of 30 June 2024[197] - HK$17.6 million of net proceeds allocated for the establishment of the Group's own brand "Suxin Leju" and launch of apartment management services, with actual utilization delayed to 1 January 2024[198][199] - Net proceeds for the "Suxin Leju" project amounted to HK$24.11 million for the six months ended 30 June 2024[198][199] - Funds were reallocated to support the Company's acquisition of Suzhou land[198][199] Risk Management and Financial Instruments - The Group's major financial instruments include bank loans, finance leases, and other liabilities, with risks managed through credit verification and liquidity monitoring[174][175][176] - The Group does not implement any foreign currency hedging policy but closely monitors foreign exchange exposure[177] Subsequent Events and Acquisitions - No significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures occurred during the six months ended 30 June 2024[183] - No subsequent events after 30 June 2024 have had a material impact on the Group's operating and financial performance[186]

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。 Suxin Joyful Life Services Co., Ltd. 蘇新美好生活服務股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2152） 截 至2024年6月30日 止 六 個 月 的 中 期 業 績 公 告 | --- | --- | --- | |-------------------------------------------------------------|-------------------------------|----------------------------------------| | | | | | 財 務 概 要 | | | | | | | | | ...

30 Suxin Joyful Life Services Co., Ltd. / Annual Report 2023 蘇新美好生活服務股份有限公司 / 二零二三年年報 蘇州新景天 房地產開發及 | --- | --- | --- | --- | --- | --- | --- | |-------|----------------------|---------------------------------------------|------------------|-------------------------------------------------------------|----------------------------------------------------------|-----------------------------| | | | Percentage of equity attributes as of | | Fair value through other comprehensive income as of | Size relative to t ...

| --- | --- | |-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | • | 截 至 2023 年 12 月 31 日 止 年 度，本 集 團 總 收 益 約 為 人 民 幣 725.1 百 萬 元， 較 2022 年 同 期 約 人 民 幣 534.2 百 萬 元 增 加 約 35.7% 。 | | • | 截 至 2023 年 12 月 31 日 止 年 度，本 集 團 毛 利 約 為 人 民 幣 147.0 百 萬 元， 較 2022 年 同 ...

蘇新美好生活服務股份有限公司 SUXIN JOYFUL LIFE SERVICES CO., LTD. STOCK CODE 股份代號 : 2152 Contents 目錄 | --- | --- | |-------------------------------------------------------------------------|------------------------------| | | | | Definitions | 釋義 | | Management Discussion and Analysis | 管理層討論及分析 | | Corporate Governance and Other Information | 企業管治及其他資料 | | Report on Review of Interim Condensed Consolidated Financial Statements | 中期簡明綜合財務報表審閱報告 | | Interim Condensed Consolidated Statement of Profit or Loss | 中期簡明綜合損益表 | ...

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。 Suxin Joyful Life Services Co., Ltd. 蘇 新 美 好 生 活 服 務 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2152） 截 至2023年6月30日 止 六 個 月 的 中 期 業 績 公 告 財務概要 截至6月30日止六個月 2023年 2022年 人民幣千元 人民幣千元 （未經審核） （未經審核） 收益 341,420 243,242 毛利 75,344 56,124 毛利率 22.1% 23.1% 期內利潤 36,688 29,502 淨利率 10.7% 12.1% ...

"Listing Rules" modified from time to time 指 他方式修改 「主板」 指 the Model Code for Securities Transactions by Directors of Listed 指 指 指 中華人民共和國 本公司日期為2022年8月11日的招股章程 the remuneration committee of the Company 本公司薪酬委員會 指 time to time | --- | |----------------------------------------| | | | "Nomination Committee" 「提名委員會」 | | | | "Over-allotment Option" 「超額配股權」 | | "PRC" or "China" | | 「中國」 | | "Prospectus" | | 「招股章程」 | shares in the share capital of the Company, with a nominal value of 指 「蘇高新城建」 指 "SND Company" whol ...

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。 Suxin Joyful Life Services Co., Ltd. 蘇 新 美 好 生 活 服 務 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2152） 截 至2022年12月31日 止 年 度 的 年 度 業 績 公 告 財務概要 截至12月31日止年度 2022年 2021年 人民幣千元 人民幣千元 收益 521,965 461,981 毛利 121,347 106,225 毛利率 23.2% 23.0% 年內利潤 65,722 56,517 淨利率 12.6% 12.2% ...

ട്ട 苏新服务 蘇新美好生活服務股份有限公司 SUXIN JOYFUL LIFE SERVICES CO., LTD. (a joint stock company incorporated in the People's Republic of China with limited liability) (於中華人民共和國註冊成立的股份有限公司) STOCK CODE 股份代號 : 2152 INTERIM REPORT 中期報告 Contents 目錄 Corporate Information 公司資料 02 | --- | --- | --- | |-------------------------------------------------------------------------|------------------------------|-------| | | | | | Definitions | 釋義 | | | Management Discussion and Analysis | 管理層討論及分析 | | | Corporate Governance and Other ...