Financial Performance - The revenue from the Parking Space Leasing and Sales Agency Services for the year ended December 31, 2022, was RMB 8 million[9]. - The Company paid deposits of RMB 250 million to Dexin China for the parking space sales and leasing agency during the year[9]. - The annual cap for the deposits regarding the Parking Space Leasing and Sales Agency Services Framework Agreement for the year ended December 31, 2022, was RMB 250 million, and for the subsequent two years, it is RMB 300 million each[10]. - A loan agreement was entered into with Hangzhou Ruiyang for a principal amount of up to RMB 315 million at an interest rate of 8% per annum[11]. - The Company does not recommend the payment of any final dividend for the year ended 31 December 2022[166]. - The Group's consolidated annual results for the year ended 31 December 2022 are detailed in pages 96 to 171 of the annual report[200]. - The external auditor, Zhonghui Anda CPA Limited, was appointed for the year ended 31 December 2022, with total fees for audit and non-audit services amounting to RMB2,879,000[183]. Governance and Compliance - The Company ensured that all independent non-executive Directors confirmed their independence in accordance with the Listing Rules[38]. - The Company Secretary provided services to ensure compliance with Board procedures, and relevant training was conducted for Directors[40]. - The Company has established three principal Board committees: Audit Committee, Nomination Committee, and Remuneration Committee, each operating under its terms of reference[47]. - The Audit Committee reviewed the financial reporting system, compliance procedures, and risk management systems for the year ended December 31, 2022[60]. - The Group has complied with the Corporate Governance Code through the establishment of an effective risk management and internal control system[186]. - The Board is committed to enhancing gender diversity, currently having one female Director, and aims to improve female representation in senior management[168]. - The Nomination Committee will periodically review the Board Diversity Policy to ensure its effectiveness[174]. Management and Strategy - The company reported a significant increase in overall operational management and strategic planning under the leadership of Executive Director Hu Yiping, who has over 25 years of experience in the real estate industry[21]. - Executive Director Tang Junjie is responsible for the formulation and implementation of business strategy, with a focus on annual operation and financial planning since his appointment in December 2020[24]. - The company has emphasized the importance of strategic investment and operation in the property management sector, particularly under the guidance of Tang Junjie, who previously held various key positions in urban planning and development[27]. - The company has a strong focus on enhancing its value-added business in the community, as indicated by the responsibilities assigned to Director Zhu Xiaoli[30]. - The Group's strategic development and brand promotion efforts are overseen by the assistant president, who has been with the Group since October 2013[150]. - The investment development center, responsible for market strategic planning and capital market operations, was managed by the general manager who joined the Group in March 2021[156]. - The Group's human resources and administration management is led by an officer with over 21 years of experience, appointed in June 2013[151]. Board and Director Information - The Company held a total of 5 Board meetings during the year ended December 31, 2022, with all Directors attending all meetings[45]. - The Audit Committee, consisting of three independent non-executive Directors, held 5 meetings in the same period, with full attendance from its members[58]. - All Directors participated in comprehensive induction training to stay updated on regulatory developments and responsibilities[42]. - The Group's Nomination Committee consists of three members, with Mr. Hu Yiping serving as the chairman[64]. - Mr. Jia Shenghua has been an independent non-executive Director since June 21, 2021, providing independent advice on the Group's operations and management[74]. - Mr. Rui Meng was appointed as an independent non-executive Director on June 21, 2021, and has been a Professor in Accounting since January 2012[81]. - The Group's independent non-executive Directors are responsible for providing independent advice on operations and management[81]. Training and Development - The Company has established a comprehensive internal staff training program to enhance employee capabilities and management levels[3]. - The Group has partnered with Zhejiang Shuren University to develop a new generation of talents[3]. - The Company has implemented the GB/T45001-2020/ISO 45001:2018 occupational health and safety management system[3]. - The training programs include both online and offline formats to cater to different learning needs[3]. - The dynamic mechanism for talent development is based on "stocktaking — movement — development" to ensure alignment with business needs[3]. Community Engagement and Corporate Social Responsibility - The Group's total donations for the year ended 31 December 2022 amounted to approximately RMB2.0 million[197]. - The Group operates three business lines: property management services, value-added services to non-property owners, and community value-added services, covering the entire value chain of property management[195]. - The Group's focus on community business cooperation and smart community platform development is part of its strategic initiatives[149].

助理总裁陈欣先生好 我们的管理层将会用30分钟左右的时间介绍公司2022年业绩情况以及未来的发展战略接着是问答的环节下面有请德信服务集团执行董事兼总裁唐俊杰先生为大家介绍2022年业绩亮点有请唐总 本集团持续致密市场网络提升区域密度实现局约化的管理为集团继续高质量发展增强确定性同时本集团进一步发挥通过市场化竞争获得项目的优势成功接管一系列的城市代表性地标性的项目在管项目中第三方面积占比持续攀升达到了64.8%保持高位 排名篡新高同时我们也陆续获得中国物业服务市场化运营领先品牌企业等荣誉品牌知名度不断的提升以上是我的总结好 谢谢唐总为我们介绍整个2022年的业绩情况下面有请德信服务集团执行董事兼助理总裁朱晓令女士为大家介绍2022年财务回顾 毛利率为28.3%毛利率稍有下降主要因为在总体经济形势影响公司高毛利业务营收有所下降成本保持平稳增速此外本集团本报告期间的净利润金额约人民币1.25亿元净利率13%谢谢 第三 计较核心利润基金会省做大营业收入在满足业主需求的基础上促进业务升级提升营利能力做到既增收又增利康是企业发展人类性同时 集团将紧跟市场发展趋势计较竞争力的培养着重培养商贩服务绿化管理等专业化子公司 下面 ...

Financial Performance - Total revenue for the year ended December 31, 2022, was RMB 958.6 million, an increase of 10.1% compared to 2021[10] - Gross profit for the same period was RMB 271.4 million, a decrease of 9.3% year-on-year, resulting in a gross margin of 28.3%, down 6.1% from 2021[10] - Profit for the year was RMB 125.1 million, reflecting a 13.6% increase from the previous year[10] - Revenue from community value-added services reached RMB 159.9 million, a decline of 12.3% from RMB 182.4 million in 2021[12] - Revenue from property sales and agency services was RMB 26.0 million, down 28.5 million from RMB 54.5 million in the previous year[14] - Property management services accounted for 63.6% of total revenue, increasing from 58.2% in the previous year, with total revenue of RMB 958.6 million, up from RMB 870.4 million[27] - The group's gross profit for the reporting period was RMB 271.4 million, a decrease of 9.3% from RMB 299.1 million in 2021, with a gross margin dropping from 34.4% to 28.3%[56] - The net financing income for the year was RMB 8,802,000, compared to RMB 3,184,000 in the previous year, reflecting an increase of approximately 176.5%[89] - The company reported a total of RMB 370,287,000 in trade and other receivables as of December 31, 2022, compared to RMB 198,979,000 in 2021, reflecting an increase of approximately 86.1%[156] Operational Highlights - The area under management as of December 31, 2022, was 34.5 million square meters, an increase of 11.0% year-on-year, while contracted area grew by 5.1% to 48.7 million square meters[10] - Smart community solutions revenue reached RMB 28.8 million, a decrease of RMB 19.8 million (40.7%) compared to RMB 48.6 million in the previous year[25] - Community retail and home services revenue increased to RMB 36.1 million, up RMB 13.2 million (57.6%) from RMB 22.9 million in the previous year[26] - The company successfully delivered over 20,000 new owners during the year, enhancing its market presence in first-tier and new first-tier cities[173] - The company managed a total construction area of approximately 22.4 million square meters across 159 properties developed by independent third-party developers as of December 31, 2022[195] - The company has expanded its geographical distribution to 41 cities in China as of December 31, 2022, enhancing its competitiveness in property management[196] Strategic Initiatives - The company is focusing on enhancing core profits and increasing operating income while improving service quality and project standards[18] - The company aims to strengthen management efficiency through a three-tier collaborative management mechanism and technology empowerment[6] - The company plans to continue expanding its non-residential service segment and enhance profitability through differentiated business structure[4] - The company plans to expand its business scale and increase market share through multi-channel strategies, with an expected investment of HKD 496 million by December 2024[73] - The company has implemented various initiatives to enhance service quality and owner satisfaction, including the "One City One Demonstration" and "Quality Officer Plan" actions[175] - The company aims to leverage its independent third-party market operation advantages to drive growth in scale and profitability[192] Governance and Compliance - The company has complied with all applicable code provisions of the Corporate Governance Code, except for deviations noted in provisions C.5.3 and D.1.2[83] - The audit committee, composed of three independent non-executive directors, reviewed the group's financial statements and confirmed compliance with applicable accounting principles[84] - The company plans to maintain high standards of corporate governance to protect shareholder interests and enhance corporate value[94] - The board of directors includes executive and independent non-executive members, ensuring a balanced governance structure[87] - The company aims to continue monitoring and improving its practices to comply with corporate governance codes in future announcements and financial reports[103] Shareholder Returns - The board does not recommend any final dividend for the year ended December 31, 2022, compared to a dividend of HKD 0.059 per share in 2021[10] - The company does not plan to declare any dividends for the year ended December 31, 2022[148] - The company repurchased a total of 46,090,000 shares of its ordinary shares during the reporting period, with a total expenditure of approximately RMB 119.9 million[184] Financial Position - Cash and cash equivalents decreased significantly to RMB 209,855 thousand from RMB 499,983 thousand in 2021, representing a decline of 58.1%[120] - Trade and other payables increased to RMB 329,246 thousand, up 32.0% from RMB 249,562 thousand in 2021[120] - The net asset value for 2022 was RMB 781,196 thousand, a decrease of 9.2% from RMB 860,211 thousand in 2021[128] - The current ratio as of December 31, 2022, was 1.8, down from 3.2 as of December 31, 2021[65]

Financial Performance - Revenue for the first half of 2022 was RMB 485,148,000, representing a 6.3% increase compared to RMB 456,432,000 in the same period of 2021[10]. - Gross profit decreased by 6.9% to RMB 154,124,000 from RMB 165,531,000 year-on-year[10]. - Profit for the period increased by 22.0% to RMB 88,601,000, up from RMB 72,626,000 in the previous year[10]. - Net profit margin attributable to the owners of the Company improved to 17.6% from 14.3% year-on-year[9]. - Revenue from property management services amounted to approximately RMB 285.2 million, an increase of 17.7% from approximately RMB 242.3 million in the 2021 Interim Period[29]. - The Group's net profit for the Reporting Period was approximately RMB 88.6 million, representing an increase of 22.0% compared to approximately RMB 72.6 million for the 2021 Interim Period[62]. - The total comprehensive income for the period attributable to owners of the Company was RMB 85,395,000, an increase of 31.1% from RMB 65,146,000 in the same period last year[121]. - Earnings per share for the period were RMB 0.084, slightly down from RMB 0.087 in the previous year[121]. Operational Metrics - Total property management contracted GFA increased to 47,998,000 sq.m. from 43,321,000 sq.m. year-on-year[9]. - Total property management GFA under management rose to 32,643,000 sq.m. from 28,001,000 sq.m. year-on-year[9]. - The total Gross Floor Area (GFA) under management reached approximately 32.6 million sq.m., reflecting a growth of 4.6 million sq.m. or 16.4% compared to approximately 28.0 million sq.m. in the 2021 Interim Period[29]. - The company managed 160 properties developed by independent third-party property developers, with a total GFA of approximately 21.8 million sq.m.[31]. - The company reported a total of 326 contracted projects with a GFA of 47,998 sq.m. as of the end of the reporting period[30]. Market Expansion and Strategy - The Company expanded its market presence in core city clusters in the Yangtze River Delta region, establishing a foothold in cities like Wuhan, Chengdu, and Suzhou[12]. - The Company maintained its competitive edge in market-based operations, securing more projects through open competitions[12]. - The strategic focus includes diversifying into commercial buildings, industrial buildings, and urban services to achieve sustainable growth[12]. - The Company continued to deepen its market presence in core cities of the Yangtze River Delta, successfully entering new regional markets[15]. - The company’s strategic expansion included endogenous growth and joint ventures, enhancing market share in the Yangtze River Delta region and beyond[29]. Financial Position - Cash and bank balance increased significantly to RMB 826,643,000 from RMB 499,983,000 at the end of December 2021[10]. - Total assets as of June 30, 2022, amounted to RMB 1,359,517, an increase from RMB 1,208,762 as of December 31, 2021, representing a growth of 12.5%[123]. - Net current assets increased to RMB 884,795 as of June 30, 2022, compared to RMB 831,005 as of December 31, 2021, reflecting a growth of 6.5%[123]. - The Group's cash and cash equivalents were RMB 826.9 million as of 30 June 2022, an increase of 10.1% from RMB 750.8 million as of 31 December 2021[65]. - The company reported retained profits of RMB 250,979 as of June 30, 2022, compared to RMB 165,584 as of January 1, 2022, indicating a substantial increase[124]. Cost and Expenses - Cost of sales increased to approximately RMB 331.0 million, reflecting a 13.8% rise compared to the 2021 Interim Period[41]. - Selling and marketing expenses rose by 62.8% from approximately RMB 4.3 million in the 2021 Interim Period to approximately RMB 7.0 million in the Reporting Period[51]. - Administrative expenses decreased by 15.7% from approximately RMB 69.6 million in the 2021 Interim Period to approximately RMB 58.7 million in the Reporting Period[52]. - The gross profit margin for property management services was 25.1%, down from 27.4% in the previous year[46]. Corporate Governance and Compliance - The Audit Committee confirmed compliance with all applicable accounting principles and standards during the reporting period[120]. - The Company has adopted the Corporate Governance Code and complied with all applicable provisions during the reporting period[114]. - The Group has not accrued any withholding income tax for undistributed earnings of its subsidiaries in Mainland China, as there are no plans to distribute these earnings[151]. Shareholder Information - As of the report publication date, Mr. Hu Yiping holds a 53.48% interest in the Company through Shengfu International Limited[94]. - The total number of issued shares of the Company as of the publication date is 989,461,000 shares[106]. - The Company does not recommend the payment of any interim dividend for the reporting period[83]. Related Party Transactions - Related party transactions included dealings with Mr. Hu, the ultimate controlling shareholder, and Dexin China Group, controlled by Mr. Hu[178]. - Revenue from services provided to Dexin China Group and its joint ventures and associates was RMB 111,852,000 for the six months ended June 30, 2022, down from RMB 124,185,000 in 2021, representing a decrease of 9.66%[180].

Financial Performance - Total revenue for the year ended December 31, 2021, was RMB 870,422,000, representing a 25.7% increase from RMB 692,319,000 in 2020[7]. - Gross profit for the same period was RMB 299,082,000, up 26.9% from RMB 235,757,000 in 2020[7]. - Net profit attributable to owners of the Company was RMB 98,222,000, a slight increase of 1.1% compared to RMB 97,190,000 in 2020[7]. - Revenue from property management services reached approximately RMB 507.1 million, accounting for 58.2% of the Group's total revenue, with a growth of 36.9% from RMB 370.4 million in 2020[49]. - For the year ended 31 December 2021, the Group's revenue amounted to approximately RMB 870.4 million, representing an increase of 25.7% compared to RMB 692.3 million for the same period in 2020[48]. - The Group's GFA under management reached approximately 31.1 million sq.m. as of December 31, 2021, reflecting a growth of approximately 24.9% year-over-year[31]. - The GFA under management for residential properties was 22,655,000 sq.m., generating RMB 359,120,000 in revenue, which is 70.8% of total revenue[40]. - Non-residential properties accounted for 8,455,000 sq.m. of GFA under management, with revenue of RMB 147,963,000, representing 29.2% of total revenue[40]. Assets and Equity - Total assets as of December 31, 2021, amounted to RMB 1,238,537,000, significantly up from RMB 444,943,000 in 2020[6]. - Total equity attributable to owners of the Company increased to RMB 835,657,000 from RMB 75,870,000 in 2020[6]. - As of December 31, 2021, trade and other receivables and prepayments reached RMB 449.6 million, a 149.8% increase from RMB 180.0 million in 2020, attributed to business expansion[72][77]. - The Group's cash and cash equivalents and restricted funds totaled approximately RMB 750.8 million as of December 31, 2021, representing an increase of RMB 521.3 million or 227.1% from RMB 229.5 million in 2020[75][79]. Growth and Expansion - The total property management contracted GFA as of December 31, 2021, was 46,363,000 sq.m., an increase from 38,032,000 sq.m. in 2020[6]. - The number of contracted projects increased to 309, a rise of 28.2% from the previous year, while projects under management grew to 233, up 33.1%[31]. - The company expanded its geographic presence to 38 cities in China by the end of 2021, focusing on first-tier and second-tier cities[35]. - 71% of the new GFA under management in 2021 came from third-party projects, highlighting the company's strong market-based operation capability[10]. - Future plans include utilizing part of the net proceeds from the listing to acquire or invest in other property management companies to expand business scale and market share[90]. Operational Efficiency and Innovation - The establishment of an intelligent community service system was achieved through big data construction, improving work efficiency and reducing operating costs[17]. - The company introduced contact-free delivery services by robots during the pandemic, which received high recognition from property owners[17]. - The "15-minute life circle" business model was developed to meet the refined demands of property owners and align with government policies[14]. - The company launched "DOTHINK SPACE," a high-end service brand aimed at enhancing the value of commercial and office buildings[13]. - The Group's brand system has been upgraded to "UI+" to clarify market positioning and enhance relationships across four dimensions: people and space, people and life, people and others, and people and the future[21]. Human Resources and Management - As of December 31, 2021, the Group had a total of 2,908 employees, a decrease from 3,054 employees as of December 31, 2020[91]. - Total employee salaries and benefit expenses for the year ended December 31, 2021, amounted to approximately RMB 273.4 million, up from RMB 195.7 million in 2020, representing an increase of about 39.6%[91]. - The Group provided approximately 8,913 classroom training sessions and professional lectures to its employees, with a total of approximately 47,736 training participants[92]. - The Group emphasizes the importance of high-quality employees and plans to attract talent through creative trainee programs and competitive compensation packages[165]. Environmental and Social Responsibility - The company has taken reasonable measures to comply with applicable environmental regulations, indicating a commitment to sustainability[195]. - The Group has implemented measures for energy conservation and waste management, ensuring compliance with environmental laws without incurring material fines[192]. - The company has not received any significant fines or penalties related to environmental law violations as of the end of 2021[195]. Strategic Vision and Future Plans - The Group aims to become a leading property management services provider in China, focusing on high-quality development and stable growth[22]. - The strategic vision includes transforming towards a "property + life service" model, reshaping the relationship between property and life[22]. - The Group aims to attract skilled employees through competitive compensation and innovative training programs[170]. - 65% of the net proceeds (approximately HK$496.0 million) is allocated to expand business scale and market share by December 2024[200].

Financial Performance - Revenue for the six months ended June 30, 2021, was RMB 456,432,000, representing a 67.9% increase from RMB 271,850,000 in 2020[9]. - Gross profit for the same period was RMB 165,531,000, up 90.9% from RMB 86,703,000 in 2020[9]. - Profit for the period increased by 81.5% to RMB 72,626,000, compared to RMB 39,980,000 in the previous year[9]. - The Group's revenue for the Reporting Period was approximately RMB 456.4 million, representing a 67.9% increase compared to the 2020 Interim Period[16][18]. - Profit for the Reporting Period amounted to approximately RMB 72.6 million, reflecting an 81.5% increase compared to the 2020 Interim Period[16][18]. - The company achieved revenue of approximately RMB 456.4 million for the reporting period, a 67.9% increase compared to RMB 271.9 million in the 2020 interim period[41]. - Revenue from property management services amounted to approximately RMB 242.3 million, representing a 46.2% increase from RMB 165.7 million in the 2020 interim period[42]. - Revenue from value-added services to non-property owners was approximately RMB 109.3 million, reflecting a 60.5% increase compared to the 2020 interim period[49]. - Revenue from community value-added services was approximately RMB 104.8 million, representing an increase of 175.1% compared to approximately RMB 38.1 million in the 2020 Interim Period[50]. - The company reported a profit for the period of RMB 65,146,000 for the six months ended June 30, 2021, compared to RMB 37,564,000 for the same period in 2020, representing an increase of 73.5%[155]. Assets and Liabilities - Total assets as of June 30, 2021, were RMB 558,727,000, an increase from RMB 444,943,000 at the end of 2020[13]. - Total liabilities rose to RMB 397,673,000 from RMB 356,515,000 at the end of 2020[13]. - Cash and bank balance increased to RMB 254,129,000 from RMB 229,212,000 at the end of 2020[13]. - Trade and other receivables and prepayments increased by 52.4% to RMB 274.4 million as of June 30, 2021, from RMB 180.0 million as of December 31, 2020, due to business growth[79]. - Trade and other payables rose by 16.6% to RMB 241.8 million as of June 30, 2021, compared to RMB 207.3 million as of December 31, 2020, attributed to business expansion[80]. - Current liabilities totaled RMB 395,620,000 as of June 30, 2021, compared to RMB 353,889,000 at the end of 2020, indicating an increase of 11.7%[152]. - The company’s investment in financial assets at fair value through profit or loss was RMB 274,439,000 as of June 30, 2021, a significant increase from RMB 180,048,000 at the end of 2020, representing a growth of 52.4%[150]. Profitability Metrics - Gross profit margin improved to 36.3% from 31.9% in the previous year[14]. - Net profit margin increased to 15.9% from 14.7% in 2020[14]. - Basic and diluted earnings per share rose to RMB 0.09 from RMB 0.05 in the previous year[14]. - The basic and diluted earnings per share of the Company were RMB 0.09 per Share[71]. - The net profit for the reporting period was approximately RMB 72.6 million, an increase of 81.5% compared to about RMB 40.0 million in mid-2020, with a net profit margin of 15.9%[75]. Business Expansion and Strategy - The Group entered into 279 contracted projects covering 37 cities, with a total contracted area of approximately 43.3 million sq.m. as of June 30, 2021[19][20]. - The Group aims to improve service quality and optimize integration costs through deepened technological applications, which is expected to enhance profitability[29]. - The company plans to enhance its market presence in the Yangtze River Delta Region, focusing on cities like Hangzhou, Wenzhou, and Jinhua, while also expanding into central cities such as Zhengzhou, Wuhan, and Xi'an[32]. - The Group's strategy includes expanding property sales and assistance services by utilizing strong ties with property developers[39]. - The company continues to expand into first-tier and second-tier cities nationwide, increasing GFA under management and income from core cities outside the Yangtze River Delta Region and Zhejiang Province[46]. Employee and Corporate Governance - As of June 30, 2021, the Group had a total of 2,801 employees, a decrease from 3,054 employees as of December 31, 2020[128]. - The Group has adopted a performance-based remuneration system, providing competitive packages that include basic salaries, performance-based awards, and year-end bonuses[128]. - The board does not recommend the payment of an interim dividend for the reporting period[136]. - The company has maintained a sufficient public float as required under the Listing Rules, with at least 25% of the total issued share capital held by the public[131]. Listing and Financial Reporting - The Company was successfully listed on the Main Board of the Stock Exchange on 15 July 2021, issuing 250,000,000 Shares at an issue price of HK$3.06 per Share[127]. - The Over-allotment Option was partially exercised on 11 August 2021, resulting in the allotment and issuance of 16,851,000 Shares at the same price of HK$3.06 per Share[127]. - The interim results have been reviewed by the independent auditor, confirming compliance with applicable accounting principles and standards[144]. - The interim condensed consolidated financial information for the six months ended June 30, 2021, has been prepared in accordance with HKAS 34 "Interim Financial Reporting"[163]. Cash Flow and Financing - Net cash generated from operating activities for the six months ended June 30, 2021, was RMB 27,650,000, compared to RMB 30,191,000 for the same period in 2020[156]. - Net cash generated from financing activities was RMB (4,114,000) for the six months ended June 30, 2021, compared to RMB 4,046,000 in the same period of 2020[157]. - The company reported a net increase in cash and cash equivalents of RMB 24,917,000 for the six months ended June 30, 2021, compared to a decrease of RMB 4,642,000 in the same period of 2020[157]. - Cash and cash equivalents at the end of the period increased to RMB 254,129,000, up from RMB 100,116,000 at the end of the same period in 2020, representing a 153% increase[157]. Accounting Policies and Standards - The accounting policies applied are consistent with those used in the preparation of the accountant's report for the three years ended December 31, 2020[167]. - The adoption of new and amended standards is not expected to have a material impact on the results or financial position of the Group[169]. - The Group's financial position remains stable with no significant changes expected from the adoption of new accounting standards[169].