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].