香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本公 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，概不會就本 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。 DOWELL SERVICE GROUP CO. LIMITED* 東原仁知城市運營服務集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2352） 截至 年 月 日止六個月 2023 6 30 之中期業績公告 本公司 年度財務資料追溯重列 2022 於2023年1月31日，本公司透過共同控制實體的業務合併取得上海眩海科技有限公司 99%股權，並對本公司2022年度財務資料進行追溯重列。詳情請參閱本公告簡明綜合財 務報表附註1、2及22。 由於有關上述收購事項之所有適用百分比率低於5%，且總代價低於3百萬港元，故上述 收購事項項下擬進行之交易獲全面豁免遵守上市規則第14章及第14A章項下之申報及公 告規定。 ...

Financial Performance - The company's revenue for the year ended December 31, 2022, was approximately RMB 1,342.5 million, an increase of 12.5% compared to RMB 1,193.4 million for the year ended December 31, 2021[7]. - The gross profit was approximately RMB 275.6 million, a decrease of 10.8% from RMB 308.9 million in the previous year, with a gross profit margin of about 20.5%, down 5.4 percentage points from 25.9%[7]. - The profit for the reporting period was approximately RMB 94.2 million, a decrease of 27.8% from RMB 130.4 million in the previous year, with profit attributable to shareholders of approximately RMB 90.7 million, down 29.5% from RMB 128.7 million[7]. - Community value-added services generated revenue of approximately RMB 275.0 million, a decrease of about 4.1% from RMB 286.9 million in the previous year, primarily due to COVID-19 restrictions affecting service delivery[26]. - Non-owner value-added services revenue decreased by approximately 17.9% to about RMB 227.7 million, down from approximately RMB 277.5 million in the same period last year, representing about 17.0% of total revenue, a decrease of approximately 6.3% compared to 2021[30]. - The company's pre-tax profit decreased by approximately 28.5% to about RMB 110.1 million, down from approximately RMB 154.0 million for the year ended December 31, 2021[46]. - The company's income tax expense decreased by approximately 32.6% to about RMB 15.9 million, compared to approximately RMB 23.6 million for the year ended December 31, 2021, primarily due to the decrease in pre-tax profit[47]. - The sales and service costs increased by approximately RMB 182.3 million or about 20.6% to approximately RMB 1,066.8 million, compared to approximately RMB 884.5 million for the year ended December 31, 2021[31]. - The company's gross profit decreased by approximately 10.8% to about RMB 275.6 million, down from approximately RMB 308.9 million for the year ended December 31, 2021[34]. - The overall gross profit margin decreased to approximately 20.5% from about 25.9% in the previous year, a decline of approximately 5.4 percentage points[35]. Revenue Breakdown - Revenue from property management services was RMB 839.8 million, accounting for 62.6% of total revenue, representing a 33.5% increase from RMB 629.0 million in the previous year[7]. - The total revenue from residential properties was RMB 505.1 million, accounting for 60.2% of total revenue, while non-residential properties generated RMB 334.6 million, making up 39.8%[18]. - Revenue from property management services accounted for approximately 62.6% of total revenue in 2022, increasing from 52.7% in 2021, with revenue of RMB 839.8 million[30]. - The revenue from projects sourced from independent third parties was RMB 427.1 million, which accounted for 50.9% of total revenue[16]. Business Expansion and Acquisitions - As of December 31, 2022, the company managed 541 contracted property management projects, with a contracted area of approximately 65.7 million square meters, an increase of 53.1% from 42.9 million square meters in the previous year[7]. - The total managed area reached approximately 50.6 million square meters, a year-on-year increase of 79.4% from 28.2 million square meters[8]. - The total managed building area from projects sourced from independent third parties increased by approximately 126.6% to about 32.0 million square meters as of December 31, 2022[14]. - The company successfully acquired two companies engaged in residential and non-residential property management services during the reporting period[14]. - The company acquired 100% of Zhejiang Zhongdu Property Management Co., Ltd. for approximately RMB 79.5 million and 80% of Hunan Jindian Property Management Co., Ltd. for approximately RMB 61.7 million, expanding its managed area by 12.5 million square meters[78]. - The company is actively seeking acquisition and investment opportunities to enhance its business operations and market presence[157]. Strategic Goals and Future Outlook - The company aims to enhance service quality and meet customer needs through a brand development strategy focused on "large property and full value"[8]. - The company plans to enhance market capabilities and expand its business portfolio in 2023, focusing on urban development strategies and optimizing project quality[66]. - The company aims to improve brand awareness, service quality, and customer satisfaction by upgrading service standards and implementing a comprehensive property service system[67]. - The company is focusing on expanding its value-added services, particularly in asset management and community services, to meet diverse customer needs[71]. - Future outlook remains positive, with management expressing confidence in achieving long-term growth targets amidst market challenges[93]. Shareholder Information - The board proposed a final dividend of RMB 0.14 per share (tax inclusive) for the year ended December 31, 2022, compared to RMB 0.80 per share in 2021[7]. - A cash dividend of RMB 0.14 per share is proposed for the year ended December 31, 2022, down from RMB 0.80 per share in 2021, pending shareholder approval[82]. - The company will withhold a 10% corporate income tax on dividends distributed to non-resident corporate shareholders, effective from June 14, 2023[117]. - As of December 31, 2022, the company's distributable reserves amounted to approximately RMB 185.4 million, an increase from RMB 113.5 million in 2021[115]. - The total share capital of the company was RMB 66,990,867, consisting of 66,990,867 shares[127]. - The largest customer accounted for 18.7% of total revenue, while the top five customers collectively represented 23.3%[126]. Compliance and Governance - The company has established compliance procedures to ensure adherence to applicable laws and regulations affecting its operations[158]. - The company has received an unqualified auditor's letter regarding its related party transactions, confirming compliance with listing rules[151]. - The supervisory board confirmed that the financial statements accurately reflect the company's actual situation without any false or misleading statements[194]. - The company strictly adhered to regulations regarding the use of net proceeds, with no illegal usage reported[197]. - Related party transactions were conducted in compliance with fair principles, and the supervisory board is unaware of any actions that could harm the company's interests[198]. Employee and Social Responsibility - The group provides social welfare insurance for full-time employees in China, including pension, medical, and unemployment insurance[176]. - The group made charitable donations totaling RMB 150,000 for the year ended December 31, 2022, compared to RMB 316,700 in 2021[186]. - The company has implemented a cultural assessment standard (KPA) to enhance employee engagement and retention, with a focus on talent development and training[73]. - The company has established a mechanism linking training certification to promotions to ensure project managers are well-trained[73].

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，概不會因本公告全部或任何部 份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。 DOWELL SERVICE GROUP CO. LIMITED* 東原仁知城市運營服務集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2352） 截至2022年12月31日止年度之 年度業績公告 財務摘要 1. 本集團收益約為人民幣1,342.5百萬元，較截至2021年12月31日止年度約人民幣 1,193.4百萬元增加12.5%。 2. 本集團業務分部產生的收益如下： (a) 物業管理服務的收益為人民幣839.8百萬元，佔總收益的62.6%，較截至2021 年12月31日止年度的人民幣629.0百萬元增加約33.5%； (b) 社區增值服務的收益為人民幣275.0百萬元，佔總收益的20.4%，較截至2021 年12月31日止年度的人民幣286.9百萬元減少約4.1%；及 ...

Financial Performance - The group's revenue for the six months ended June 30, 2022, was approximately RMB 605.1 million, an increase of about 12.5% compared to RMB 537.8 million in the same period of 2021[14]. - The group's profit for the reporting period was approximately RMB 56.4 million, an increase of about 15.3% compared to RMB 48.9 million in the same period of 2021[15]. - The gross profit margin for the reporting period was approximately 24.0%, a decrease of about 1.1 percentage points from 25.1% in the same period of 2021[15]. - The community value-added services generated revenue of approximately RMB 114.0 million, a decrease of about 2.1% from RMB 116.4 million in the same period of 2021[15]. - The company's cash and cash equivalents as of June 30, 2022, were approximately RMB 218.1 million, down from RMB 249.2 million on December 31, 2021, with net cash used in operating activities of approximately RMB 76.8 million[68]. - The company reported a net profit of RMB 55,382 thousand for the six months ended June 30, 2022, compared to RMB 47,869 thousand for the same period in 2021, representing an increase of approximately 15.5%[150]. - Basic and diluted earnings per share increased to RMB 0.99 from RMB 0.96, reflecting a growth of 3.1%[140]. Revenue Breakdown - Revenue from property management services was approximately RMB 366.3 million, accounting for about 60.6% of total revenue, representing a 22.8% increase from RMB 298.3 million in the same period of 2021[15]. - The total revenue for the property management services in the first half of 2022 was approximately RMB 366.3 million, representing a 22.8% increase compared to RMB 298.3 million in the same period of 2021[28]. - The residential property management revenue accounted for 57.9% of total revenue in the first half of 2022, with a total of RMB 211.99 million[37]. - The non-residential property management revenue was RMB 154.26 million, representing 42.1% of total revenue in the same period[37]. Operational Growth - As of June 30, 2022, the group managed 521 contracted property management projects with a total contracted gross floor area of approximately 62.3 million square meters, a 61.0% increase from 38.7 million square meters as of June 30, 2021[16]. - The total managed gross floor area increased by approximately 95.9% to about 47.4 million square meters compared to 24.2 million square meters as of June 30, 2021[16]. - The number of managed property projects increased to 447 as of June 30, 2022, compared to 271 in the same period of 2021[37]. - The managed building area from projects sourced from the parent company, Dima Group, increased by approximately 27.0% to about 14.5 million square meters as of June 30, 2022[29]. - The managed building area from independent third-party projects surged by approximately 163.1% to about 29.3 million square meters as of June 30, 2022[29]. Acquisitions and Investments - The company successfully acquired two firms engaged in residential and non-residential property management services during the reporting period[29]. - The company acquired 100% of Zhejiang Zhongdu for approximately RMB 79.5 million and 80% of Hunan Jindian for approximately RMB 61.7 million, expanding its management portfolio significantly[90]. - The total managed area for Zhejiang Zhongdu is approximately 4.8 million square meters, while Hunan Jindian manages about 7.7 million square meters, enhancing the company's operational scale[90]. Corporate Governance and Shareholder Information - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange's listing rules to enhance shareholder value and ensure high standards of corporate governance[96]. - Major shareholders include Tianjin Chengfang Enterprise Management Consulting Co., Ltd., holding 25,520,000 shares, which accounts for 83.64% of the relevant class and approximately 38.09% of the total issued share capital[107]. - The board is responsible for formulating strategies and monitoring management performance to achieve sustainable growth and increase shareholder value[96]. - The company has confirmed compliance with the standards set out in the Securities Trading Code since its listing date up to the date of the interim report[97]. Future Plans and Strategies - The company plans to enhance market capabilities and expand its business portfolio, focusing on urban development strategies and optimizing project quality to increase revenue and profit[78]. - The company aims to build a market-oriented organizational talent system and training mechanism, continuously optimizing its CRM system for comprehensive market expansion management[79]. - The company will explore opportunities arising from urban governance improvements, including state-owned enterprise mixed reform opportunities in services such as sanitation, landscaping, and infrastructure operation[79]. - Investment in technology will continue to improve operational efficiency, with plans to develop an integrated online procurement system and enhance digital management capabilities[83]. - The company is expanding its value-added services, particularly in asset management and community services, to meet diverse customer needs[84]. Financial Position - The total equity of the company as of June 30, 2022, was approximately RMB 451.7 million, a 75.0% increase from RMB 258.1 million on December 31, 2021, mainly due to operating profit growth and funds raised from the successful listing of H shares[69]. - The total assets as of June 30, 2022, amounted to RMB 1,163,802 thousand, compared to RMB 964,007 thousand as of December 31, 2021, indicating a growth of 20.7%[142]. - The total liabilities decreased from RMB 258,052 thousand at the beginning of the year to RMB 451,650 thousand as of June 30, 2022, indicating a significant reduction in financial obligations[147]. - The company reported a decrease in financial asset impairment losses to RMB 1,449 thousand from RMB 3,176 thousand, a reduction of 54.4%[140]. Compliance and Reporting - The audit committee confirmed that the financial statements for the six months ended June 30, 2022, complied with applicable accounting principles and provided adequate disclosures[134]. - The financial statements are prepared in accordance with Hong Kong Accounting Standards and the relevant disclosure requirements of the Hong Kong Stock Exchange[154]. - The company has maintained compliance with all applicable corporate governance code provisions since its listing date[96].