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，並明確表示概不會就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之任何損失承擔任何責任。 Desun Real Estate Investment Services Group Co., Ltd. 德 商 產 投 服 務 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2270） 截至2022年12月31日止年度的 年度業績公告 財務摘要 • 本集團於截至2022年12月31日止年度的總收益由截至2021年12月31日止年度的約 人民幣253.3百萬元增加5.5%至約人民幣267.3百萬元。 • 本集團於截至2022年12月31日止年度的毛利由截至2021年12月31日止年度的約人 民幣103.4百萬元減少8.5%至約人民幣94.7百萬元。截至2022年12月31日止年度的 毛利率由截至2021年12月31日止年度的40.8%減至35.4%。 • 截至2022年12月31日止年度的除所得稅後溢利約為人民幣33.6百萬元，而截至2021 年12月31日止年度則約為人民幣3 ...

Financial Performance - The company reported a revenue of HKD 150 million for the first half of 2022, representing a 20% increase compared to the same period in 2021[3]. - The company's revenue for the first half of 2022 was approximately RMB 1.260 billion, representing a year-on-year growth of about 19.2%[50]. - Total revenue increased by approximately RMB 20.3 million or 19.2% to approximately RMB 126.0 million for the six months ended June 30, 2022, compared to RMB 105.7 million for the same period in 2021[83]. - For the six months ended June 30, 2022, the company reported revenue of RMB 126,008 thousand, an increase of 19.2% from RMB 105,741 thousand in the same period of 2021[178]. - The net profit for the period was RMB 25,976 thousand, representing a significant increase from RMB 12,645 thousand in the previous year[178]. - Net profit after tax reached approximately RMB 26 million, showing a significant increase of about 105.4% year-on-year[50]. - Profit before tax increased from approximately RMB 16.0 million to approximately RMB 30.1 million, representing a growth of about 88.3%[102]. - The gross profit margin improved to 35%, up from 30% in the previous year, indicating better cost management[3]. - Gross profit for the same period was approximately RMB 44.4 million, an increase of about 4.0% compared to the previous year[50]. - The gross profit for the same period was RMB 44,382 thousand, reflecting a gross margin improvement compared to RMB 42,678 thousand in the previous year[178]. Property Management and Expansion - The total managed property area reached 1.2 million square meters, an increase of 15% year-on-year[3]. - The contracted construction area was approximately 10.8 million square meters, reflecting a growth of about 30.3% compared to the same period in 2021[52]. - The total managed construction area reached approximately 6.2 million square meters, a year-on-year increase of about 28.3%[52]. - The company has completed two strategic acquisitions in the property management sector, expected to contribute an additional HKD 5 million in annual revenue[3]. - The company plans to expand its services into three new cities in China by the end of 2023, aiming for a 25% growth in user base[3]. - The company aims to become a leading property service provider in Western China, focusing on mid-to-high-end residential and commercial properties, with plans for selective acquisitions and partnerships[130]. Customer Satisfaction and Service Quality - User satisfaction ratings improved to 90%, reflecting enhanced service quality and customer engagement initiatives[3]. - The company is focusing on enhancing property services to meet the growing demand for quality living environments and creating asset value for commercial property owners[68]. - The company aims to build a diversified service system focusing on asset value management and user service experience for sustainable growth[60]. Financial Guidance and Investments - Future guidance estimates a revenue growth of 15-20% for the second half of 2022, driven by increased demand in the real estate sector[3]. - The company is investing HKD 10 million in new technology development to enhance property management services[3]. - The company plans to continue investing in systematic workflows and technology to support growth strategies and improve productivity[68]. - The company plans to invest HKD 35.2 million (20% of net proceeds) in information technology systems and human resources, including upgrades to internal IT systems[169]. Shareholder Information and Corporate Governance - The board has approved a dividend payout of HKD 0.05 per share, maintaining a stable return for shareholders[3]. - The company does not recommend the payment of any interim dividend for the six months ended June 30, 2022[140]. - Mr. Zhang Zhicheng was appointed as CEO on March 2, 2022, following the resignation of Mr. Zhou Youbo[141]. - The company has adopted the corporate governance code as per the listing rules since its listing on December 17, 2021[138]. - The board believes that the dual role of Mr. Zhang Zhicheng as both Chairman and CEO is appropriate under the current circumstances[138]. Operational Efficiency and Cost Management - Sales costs rose by approximately 29.4% to approximately RMB 81.6 million, primarily due to increased subcontracting costs and higher employee costs[88]. - Administrative expenses decreased from approximately RMB 27.4 million to approximately RMB 22.7 million, a reduction of about 17.1%, primarily due to lower listing expenses[97]. - The gross profit margin for residential property management services decreased from approximately 40.4% to approximately 33.7% due to increased subcontracting costs and higher average employee salaries[93]. - The gross profit margin for non-residential property management services declined from approximately 30.8% to approximately 25.2%, primarily due to rising subcontracting and employee costs, as well as increased material and maintenance costs[93]. Cash Flow and Financial Position - Cash and bank balances increased from approximately RMB 2,511 million as of December 31, 2021, to approximately RMB 2,545 million as of June 30, 2022, driven by service fees and interest income[120]. - The company's current ratio improved to approximately 3.21 times as of June 30, 2022, compared to approximately 2.89 times as of December 31, 2021[120]. - The company reported a net loss from the sale of a subsidiary amounting to RMB 6,000[190]. - The company experienced a foreign exchange gain of RMB 6,603,000, which positively impacted the cash position[192]. - The company maintained a consistent accounting policy with no significant financial impact from the adoption of new standards during the reporting period[196].

Financial Performance - The company reported a total revenue of $XX million for the year 2021, representing a growth of YY% compared to the previous year[1]. - The company provided a forward-looking guidance of $BB million in revenue for the next fiscal year, projecting a growth rate of CC%[3]. - The company reported a net profit margin of JJ% for the year, reflecting improved operational efficiency[9]. - Total assets increased to $KK million, up by LL% from the previous year, indicating strong financial health[10]. - The company achieved a revenue of RMB 253.3 million for the year ended December 31, 2021, representing a 98% increase compared to RMB 127.9 million in the previous year[42]. - Adjusted profit after tax increased by 25% to approximately RMB 60.2 million, up from RMB 48.1 million in the previous year[42]. - Net profit decreased to RMB 32,943 thousand, reflecting a decline of 23.2% year-over-year, with a net profit margin of 13.0%[44]. - Total revenue increased by approximately RMB 125.4 million or 98.0% from RMB 127.9 million for the year ended December 31, 2020, to RMB 253.3 million for the year ended December 31, 2021[64]. User Growth and Market Expansion - User data indicated an increase in active users by ZZ%, reaching a total of AA users by the end of 2021[2]. - Market expansion efforts are underway in the EE region, with an anticipated increase in market share by GG% over the next two years[6]. - The company plans to focus on the Chengdu-Chongqing economic circle and expand into the national market over the next three years, enhancing service operations in high-end residential and commercial properties[38]. Product and Service Development - New product launches included the introduction of the DD service, which is expected to contribute $EE million in revenue in the upcoming year[4]. - The company is investing $FF million in research and development for new technologies aimed at enhancing service efficiency[5]. - The company plans to optimize residential property value-added services and provide renovation services to property developers, enhancing customer loyalty and experience[124]. Operational Efficiency - A new marketing strategy was implemented, resulting in a 10% increase in customer engagement metrics[8]. - The company aims to leverage its extensive service offerings and innovative solutions to meet the growing demand for quality living services, enhancing customer satisfaction[39]. - The company is committed to improving customer experience and operational efficiency through the deployment of information technology[125]. Property Management Metrics - The number of contracted property management projects rose to 66, with a total contracted area of 9.53 million square meters, a year-on-year increase of 40.61%[31]. - The number of managed projects increased from 27 to 37, with a managed area of approximately 4.87 million square meters, reflecting a 26.94% growth[31]. - Revenue from residential property management services was RMB 44,588 thousand, accounting for 38.3% of total revenue, while non-residential property management services generated RMB 71,921 thousand, making up 61.7%[59]. Financial Health and Investments - Cash and bank balances grew from approximately RMB 1,095 million on December 31, 2020, to approximately RMB 2,511 million on December 31, 2021, due to collection of outstanding property management fees and proceeds from the IPO[107]. - The company plans to allocate approximately 60% of the IPO proceeds for strategic investments and acquisitions to expand property management and commercial operations[108]. - The asset-liability ratio as of December 31, 2021, was approximately 0.05%, a decrease from approximately 0.4% on December 31, 2020[114]. Corporate Governance - The company adopted the corporate governance code principles and provisions upon its listing on December 17, 2021, and has complied with applicable provisions during the relevant period[166]. - The board of directors consists of nine members, including five executive directors, one non-executive director, and three independent non-executive directors as of December 31, 2021[169]. - The company has implemented a securities trading code for its directors and employees, ensuring compliance from the listing date to December 31, 2021[167]. Management and Leadership - The management team includes experienced professionals with backgrounds in IT development and property management, enhancing operational efficiency[161]. - The company aims to provide solid and continuous leadership through its experienced management team, particularly in the real estate and property management sectors[166]. - Zhang Qiang has extensive experience in financial management, having served as the financial supervisor and accountant at Chengdu Urban Passenger Transport Management Office from July 1994 to October 2004[144]. Challenges and Opportunities - The pandemic is expected to accelerate the development of the property management industry, providing significant opportunities for local property management companies[47]. - The company has not faced significant difficulties in collecting property management fees despite the impact of the COVID-19 pandemic, and there has been no substantial decrease in demand for its commercial operational services[127]. - The company anticipates that the COVID-19 pandemic will lead to positive changes in the property management industry, fostering trust and reliance on its services among owners and residents[128].