Group 1 - The board meeting of Dexin Services Group (02215.HK) is scheduled for August 26, 2025, to consider and approve the interim results for the six months ending June 30, 2025 [1] - The meeting will also discuss the proposal for an interim dividend distribution, if any [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，並明確表示概不對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的任何損失承擔任何責任。 Dexin Services Group Limited 德信服務集團有限公司 德信服务集团有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議將於 2025年8月26日（星期二）舉行，藉以（其中包括）考慮及批准本公司及其附屬公司截 至2025年6月30日止六個月之中期業績及其發佈，並考慮建議派發中期股息（如 有）。 承董事會命 德信服务集团有限公司 主席 胡一平 香港，2025年8月14日 於本公告日期，本公司執行董事為胡一平先生、唐俊杰先生及鄭鵬女士；以及獨立 非執行董事王永權博士、芮萌先生及楊熙先生。 （於開曼群島註冊成立的有限公司） （股份代號：2215） 董事會會議通告 ...

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: 2025年7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: 德信服务集团有限公司 呈交日期: 2025年8月1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) | 02215 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 | HKD | | 50,000,000 | FF301 第 1 ...

Core Viewpoint - Dexin Services Group (02215.HK) announced a share transfer agreement with Deqing Changzhuo, involving the acquisition of 95% and 5% stakes in Deqing Moganshan Ruijun Real Estate Co., Ltd. for a total consideration of RMB 74.1 million and RMB 3.9 million respectively, which will result in the target company becoming an indirect wholly-owned subsidiary of the company after the completion of the acquisition in 2025 [1] Group 1 - The agreement was signed on July 31, 2025, after trading hours [1] - The main asset of the target company is the property [1] - Upon completion of the acquisition, the financial performance of the target company will be consolidated into the company's financial statements [1]

Group 1 - The core viewpoint of the news is that Dexin Service Group is set to acquire a 95% and a 5% stake in Deqing Mogan Mountain Ruijun Real Estate Co., Ltd. for a total consideration of RMB 7.41 million and RMB 0.39 million respectively, with the acquisition expected to be completed by July 31, 2025 [1][2] - The target property is the Mogan Mountain Yungu Dexin Kaiyuan Hotel, located in Deqing County, Huzhou City, Zhejiang Province, China [1] - The acquisition is seen as a valuable opportunity for the group to invest in high-quality assets at favorable prices, which will enhance its commercial property management and diversify its services [2] Group 2 - The board believes that the acquisition will benefit the group's revenue sources in the long term and provide valuable experience in hotel management, expanding its business scope [2] - The property includes over 100 guest rooms, meeting facilities, restaurants, and bars, aligning with the growing trend of eco-tourism and domestic travel [2]

Core Viewpoint - Dexin Service Group (02215) announced a share transfer agreement to acquire 95% and 5% stakes in Deqing Mogan Mountain Ruijun Real Estate Co., Ltd. for a total consideration of RMB 74.1 million and RMB 3.9 million respectively, which will enhance the company's asset portfolio and financial performance [1] Group 1 - The acquisition involves the property known as Mogan Mountain Yungu Dexin Kaiyuan Hotel, located in Deqing County, Huzhou City, Zhejiang Province, China [1] - Upon completion of the acquisition in 2025, the target company will become a wholly-owned subsidiary, allowing its financial results to be consolidated into the company's financial statements [1] - The board believes that this acquisition provides a valuable opportunity to invest in high-quality assets at favorable prices, aligning with the growing trends in ecological tourism and domestic travel [1] Group 2 - The property includes over 100 guest rooms, meeting facilities, restaurants, and bars, which will enable the company to diversify its operations in commercial property management and conference services [1] - The board anticipates that the acquisition will positively impact the company's revenue sources in the long term and provide valuable experience in hotel management, thereby expanding its business scope [1]

该物业位于中国浙江省湖州市德清县莫干山镇三莫线66号。该物业的地盘面积及总建筑面积分别为 17,819.66平方米及31,955.09平方米。酒店包括4层的楼宇(包括1层地下室)，提供合共190间客房，包括3 家餐厅、一个酒吧以及一系列设施(包括一个无柱舞厅、若干间会议室、一个室内游泳池、家庭聚会及 健身房)。酒店于2021年8月开业。 董事有信心在不久的将来旅游业全面反弹时抓住行业复苏带来的机遇。此外，目标公司的主要资产为该 物业，于2025年5月31日其评估价值为人民币236,204,000元。鉴于国内旅游业的未来发展潜力及该物业 的估值，加上该物业的地理位置优势，董事相信，2025年收购股权为集团提供了一个宝贵的机会，通过 以优惠的价格收购高品质的资产投资于该物业。透过投资拥有100多间客房、会议设施、餐厅及酒吧的 该物业，董事认为，本集团将能够于商业地产管理、提供会议服务等方面实现多元化发展，并顺应生态 旅游及国内旅游日益受到关注的趋势。 此外，考虑到目标公司的财务状况及财务表现，董事会认为，长远而言，2025年收购股权将有利于集团 的收入来源，并使集团在酒店管理领域获得宝贵的经验及扩大业务范围。 格 ...

Group 1 - The core viewpoint of the news highlights the recent performance and financial status of Dexin Service Group, indicating a significant decline in stock price and financial metrics despite a recent uptick in share price [1][2] - As of July 14, the Hang Seng Index rose by 0.26%, while Dexin Service Group's stock price increased by 15.94% to HKD 0.8 per share, with a trading volume of 1,000 shares and a turnover of HKD 800 [1] - Over the past month, Dexin Service Group has experienced a cumulative decline of 13.75%, and a year-to-date decline of 38.39%, underperforming the Hang Seng Index by 20.34% [1] Group 2 - Financial data shows that for the year ending December 31, 2024, Dexin Service Group achieved total revenue of CNY 933 million, a year-on-year decrease of 2.32%, and a net profit attributable to shareholders of CNY 38.47 million, down 37.71% year-on-year [1] - The company's gross profit margin stands at 20.1%, with a debt-to-asset ratio of 48.53% [1] - Currently, there are no institutional investment ratings for Dexin Service Group [1] Group 3 - In terms of industry valuation, the average price-to-earnings (P/E) ratio for the real estate sector is 10.09 times, with a median of -0.16 times, while Dexin Service Group's P/E ratio is 15.24 times, ranking 62nd in the industry [1] - Other companies in the sector have varying P/E ratios, with Baishida Holdings at 0.72 times, Hengda Group Holdings at 1.71 times, China New City at 2.4 times, Ruosen Life Services at 2.82 times, and Xinyuan Services at 3.09 times [1] Group 4 - Dexin Service Group, established in 2004, is recognized as a leading service provider in the property management industry, focusing on five major business segments: basic property services, modern urban services, value-added living services, asset operation services, and industrial consulting services [2] - The company holds various qualifications, including being a first-class property service enterprise in China and has established a strong presence in the Yangtze River Delta region, managing nearly 150,000 households and over 39.24 million square meters of property [2] - Dexin Service Group has been listed among the top 100 property service companies in China for 11 consecutive years, ranking 20th in 2024 [2]

Core Insights - The property management industry is experiencing a significant trend of companies voluntarily exiting projects due to various operational challenges and financial pressures [1][3][5] - The turnover rate of residential property management has increased from 1.7% in 2021 to 3.3% in 2024, indicating a growing willingness among homeowners to change property management companies [7][10] Group 1: Company Exits - China Overseas Property announced its exit from the Ezhou Shuangchuang Star community by August 31, 2025, due to low occupancy rates and high unpaid fees, with a total outstanding amount of 595,900 yuan as of January 2025 [1][4] - Jin Ke Service will withdraw from Chongqing Hengchun Phoenix City by August 31, 2025, citing reduced property fees and legacy issues from developers leading to losses [1][4] - Longfor Property is set to exit Shanghai Su Di Chun Xiao community by August 2025 due to unresolved historical issues causing operational risks [1][4] Group 2: Industry Trends - A report by CRIC shows that from 2021 to 2024, the residential property turnover rate has increased, suggesting a trend where approximately 20,000 residential communities change property management annually [2][7] - Many property management companies, including Wanwu Cloud, Shimao Service, and others, have publicly announced their termination and exit from various projects in their 2024 annual reports [2][3] - The ongoing dissatisfaction among homeowners regarding property services has led to a rise in the number of homeowners seeking to change property management companies [10][11] Group 3: Financial Pressures - The primary reasons for property management companies exiting projects include rising costs, declining collection rates, and insufficient growth in value-added services [5][6] - In 2024, Wanwu Cloud exited 53 residential projects, impacting a saturated income of 286 million yuan, while Shimao Service and others also reported significant areas of project exits [6][5] - Companies are increasingly focusing on high-quality growth, prioritizing high-capacity cities and quality clients, as evidenced by China Overseas Property's increase in new contract amounts in core urban areas [5][6]

Summary of Key Points Core Viewpoint - On June 25, 28 Hong Kong-listed companies conducted share buybacks totaling 31.02 million shares, with a total buyback amount of 708 million HKD [1][2]. Group 1: Major Buybacks - Tencent Holdings repurchased 979,000 shares for 500 million HKD, with a highest price of 514.50 HKD and a lowest price of 508.50 HKD, bringing its total buyback amount for the year to 35.04 billion HKD [1][2]. - AIA Group repurchased 2.5 million shares for 177 million HKD, with a highest price of 71.70 HKD and a lowest price of 70.05 HKD, totaling 14.54 billion HKD in buybacks for the year [1][2]. - Andeli Juice repurchased 500,000 shares for 8.73 million HKD, with a highest price of 17.50 HKD and a lowest price of 17.22 HKD, totaling 7.50 million HKD in buybacks for the year [1][2]. Group 2: Buyback Statistics - The highest buyback amount on June 25 was from Tencent Holdings at 500 million HKD, followed by AIA Group at 177 million HKD [1][2]. - In terms of share quantity, Youzan had the highest buyback volume with 13 million shares, followed by Ying Group and China Electric Power with 5 million shares and 3.8 million shares, respectively [1][2]. - Notably, companies like Dexin Services and Jinyong Investment conducted their first buybacks of the year on this date [2].