Financial Performance - The revenue for the year ended December 31, 2023, was RMB 768.4 million, an increase of 11.0% compared to 2022[7] - The gross profit for the same period was RMB 133.2 million, reflecting a 9.1% increase year-over-year[7] - The gross profit margin decreased to 17.3%, down by 0.4 percentage points from 2022[7] - The profit for the year was RMB 41.7 million, which is a 3.3% increase compared to the previous year[7] - Basic earnings per share for the reporting period were RMB 0.14, a decrease of 22.2% from 2022[7] - The group reported total revenue of RMB 768,408,000 for the year ended December 31, 2023, an increase from RMB 691,999,000 in 2022, representing a growth of approximately 11%[24] - The group's operating profit before tax was RMB 54,498,000 for the year ended December 31, 2023, compared to RMB 51,652,000 in 2022, indicating an increase of about 7%[26] - Profit before tax for the group was RMB 41,459 thousand in 2023, up from RMB 40,167 thousand in 2022[44] - Net profit rose by RMB 1.3 million or 3.3% to RMB 41.7 million, with a net profit margin decreasing from 5.8% in 2022 to 5.4% in 2023[79] Revenue Breakdown - The segment revenue from property management services was RMB 701,890,000, while the revenue from landscaping services was RMB 42,643,000, and rental services contributed RMB 18,121,000[24] - Revenue from property management services reached RMB 701.9 million, accounting for 91.3% of total revenue, with a growth rate of 10.4% compared to RMB 635.9 million in 2022[61] - Property management services generated revenue of RMB 701.9 million, accounting for 91.3% of total revenue, with a year-on-year increase from RMB 635.9 million[63] - Total rental income from investment properties increased to RMB 18,121 thousand in 2023, up from RMB 9,931 thousand in 2022[30] - Hospital revenue increased from RMB 276.5 million in 2022 to RMB 296.7 million in 2023, driven by additional health and preventive services[63] Assets and Liabilities - The total assets less current liabilities amounted to RMB 429.0 million, an increase from RMB 329.2 million in 2022[10] - Cash and cash equivalents increased significantly to RMB 195.3 million from RMB 64.7 million in the previous year[10] - Non-current assets totaled RMB 258.8 million, down from RMB 273.1 million in 2022[10] - Trade receivables increased to RMB 197,844 thousand in 2023, up from RMB 155,628 thousand in 2022, indicating a growth of about 27%[46] - Trade payables as of the reporting period totaled RMB 49.7 million, an increase from RMB 41.4 million in 2022[49] - The company's debt-to-equity ratio was approximately 30.7% as of December 31, 2023, down from 47.1% on December 31, 2022[88] Dividends and Shareholder Information - The company did not recommend the payment of a final dividend for the reporting period[7] - The group did not declare any dividends for the year, consistent with the previous year[43] - The company has maintained a minimum public float of 25% of its total issued share capital since the listing date[107] Listing and Capital Raising - The company successfully listed on the Hong Kong Stock Exchange on January 17, 2023, raising approximately HKD 89.9 million net of listing expenses[7] - The company issued 75,000,000 shares at a price of HKD 1.70 per share, raising net proceeds of HKD 89.9 million after listing expenses[51] - As of December 31, 2023, the company has utilized approximately HKD 48.8 million (54.3%) of the net proceeds from the listing for strategic investments and acquisitions to expand its property management business[110] Operational Focus and Strategy - The company plans to expand its market share in Shandong province through acquisitions and partnerships, targeting nearby developed regions such as the Yangtze River Delta and Beijing-Tianjin-Hebei areas[57] - The company aims to leverage its experience in Shandong province to secure more projects, particularly in high-end hospitals and public properties[55] Expenses and Costs - Total service costs rose to RMB 635.2 million, an increase of RMB 65.4 million or 11.5% compared to RMB 569.8 million in 2022[66] - Administrative expenses increased by RMB 10.2 million or 14.9% to RMB 78.7 million, primarily due to higher management personnel costs[74] - Finance costs increased to RMB 9,723 thousand in 2023, compared to RMB 8,541 thousand in 2022, driven by higher interest on bank borrowings[37] Compliance and Governance - The group has not early adopted any new or amended Hong Kong Financial Reporting Standards that are published but not yet effective, indicating a stable approach to regulatory changes[19] - The audit committee, consisting of one non-executive director and two independent non-executive directors, has reviewed the annual performance and financial statements of the company[111] - The company has appointed a new auditor, Shinewing (HK) CPA Limited, effective January 9, 2024, following the resignation of Ernst & Young[113] Employee Information - The company employed 9,906 employees as of December 31, 2023, compared to 8,755 employees on December 31, 2022[102]

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 366,230,000, representing a 14.0% increase compared to RMB 321,391,000 in the same period of 2022[7]. - Gross profit for the same period was RMB 67,835,000, a slight increase of 1.3% from RMB 66,992,000 in 2022[7]. - The net profit for the six months ended June 30, 2023, was RMB 20,277,000, a marginal increase of 0.5% from RMB 20,180,000 in 2022[7]. - The gross profit margin decreased by 2.3 percentage points to 18.5% for the six months ended June 30, 2023, compared to 20.8% in the previous year[28]. - Basic and diluted earnings per share for the period were RMB 0.07, down from RMB 0.09 in the previous year, a decrease of approximately 22.2%[100]. - The company's profit attributable to ordinary equity holders for the six months ended June 30, 2023, was RMB 20,161,000, slightly down from RMB 20,164,000 in the same period of 2022[141]. Assets and Liabilities - Total assets as of June 30, 2023, amounted to RMB 648,771,000, reflecting a 20.0% increase from RMB 540,407,000 at the end of 2022[8]. - Total liabilities decreased by 2.7% to RMB 330,374,000 from RMB 339,580,000[8]. - The total equity attributable to the owners of the company increased by 58.5% to RMB 317,904,000 from RMB 200,450,000[8]. - Trade receivables increased by RMB 25.8 million or 17.1% to RMB 176.7 million as of June 30, 2023, due to growth in revenue and extended settlement periods with government clients[42]. - Current assets increased from RMB 56.1 million to RMB 164.8 million as of June 30, 2023, with cash and cash equivalents amounting to RMB 139.6 million[46]. - Interest-bearing bank loans increased from RMB 94.7 million to RMB 112.5 million as of June 30, 2023, with various interest rates ranging from 4.30% to 5.67%[47]. - The debt-to-equity ratio improved to 35.4% as of June 30, 2023, down from 47.1% as of December 31, 2022, while the current ratio increased to 1.7 from 1.3[48]. Revenue Sources - 92.8% of total revenue was generated from property management services, with 92.4% coming from non-residential properties[11]. - Property management services generated RMB 340.0 million, accounting for 92.8% of total revenue, with a growth rate of 10.7% compared to RMB 307.2 million in the previous year[23]. - Other income and gains increased by RMB 2.8 million or 101.3% to RMB 5.6 million for the six months ended June 30, 2023, primarily due to foreign exchange gains from the proceeds of the global offering[31]. Expenses and Costs - Selling and distribution expenses rose by RMB 1.4 million or 34.3% to RMB 5.4 million for the six months ended June 30, 2023, in line with revenue growth[32]. - Financial costs increased by RMB 0.3 million or 8.1% to RMB 4.4 million for the six months ended June 30, 2023, primarily due to increased interest-bearing bank borrowings[34]. - Employee benefits expenses, including salaries and wages, amounted to RMB 172,491 thousand, up from RMB 158,443 thousand, indicating an increase of 8.3%[131]. Cash Flow and Financing - For the six months ended June 30, 2023, the net cash used in operating activities was RMB 29.1 million, primarily due to an increase in trade receivables[52]. - The net cash generated from financing activities was RMB 108.2 million, primarily from the issuance of shares during the initial public offering[52]. - The company reported a significant increase in cash and cash equivalents, ending the period with RMB 139,616,000, up from RMB 48,523,000 at the end of the previous period[114]. Strategic Focus and Future Plans - The company is strategically focusing on non-residential properties in China for its property management services[11]. - The company aims to strengthen its market position in Shandong Province and expand service areas through internal growth and strategic acquisitions[19]. - The company plans to enhance its digital technology and optimize its "one-stop clinical support service" to improve service levels[19]. - The company intends to use part of the net proceeds from the global offering for the acquisition of property management companies[57]. Shareholder Information - As of June 30, 2023, major shareholders include Mr. Luan Tao and Mr. Luan Hang Qian, each holding 164,706,700 shares, representing 54.90% ownership[73]. - The company has a total of 9,467,821 shares held by Mr. Yang Li Qun, representing 3.16% ownership[73]. - Springrain Investment Limited holds approximately 54.90% equity in the company as of the report date[3]. Risk Management and Compliance - The company has established a risk management and internal control system to manage business risks to an acceptable level[68]. - The audit committee consists of three independent non-executive directors, ensuring compliance with listing rules[67]. - The board is responsible for reviewing the effectiveness of the risk management and internal control systems[68]. Other Information - The company reported no interim dividend for the six months ending June 30, 2023[71]. - There were no significant events affecting the group after June 30, 2023, up to the report date[72]. - The company has not engaged in any hedging activities to manage foreign exchange risks as of June 30, 2023[54].

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，並明確表示概不就因本公告全部 或任何部份內容而產生或因依賴該等內容引致的任何損失承擔任何責任。 Runhua Living Service Group Holdings Limited 潤華生活服务集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2455） 截至2023年6月30日止六個月之 中期業績公告 潤華生活服務集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈 本公司及其附屬公司（統稱「本集團」）截至2023年6月30日止六個月（「報告期間」） 之未經審核簡明綜合中期業績，連同截至2022年6月30日止六個月之比較數字。 本集團截至2023年6月30日止六個月的中期業績已由本公司審核委員會（「審核委 員會」）審閱，並於2023年8月25日獲董事會批准。 本公告所載若干金額及百分比數字已經約整，或約整至小數點後一位或兩位。 本公告所列任何表格、圖表或其他部分的總數與數額總和之間如有任何差異， 乃因約整所致。 財務摘要 • 報告期間的收益由截至2022年6月30 ...

Financial Performance - The company achieved a revenue of RMB 691.999 million for the year ended December 31, 2022, representing a year-on-year growth of 15.1%[8] - Gross profit for the same period was approximately RMB 122.150 million, an increase of 7.0% compared to the previous year[8] - The company's net profit attributable to shareholders was RMB 40.167 million, down from RMB 44.300 million in 2021[8] - Total revenue increased from RMB 601.3 million in 2021 to RMB 692.0 million in 2022, representing a growth of 15.1%[26] - Revenue from property management services, the largest revenue source, rose to RMB 635.9 million, accounting for 91.9% of total revenue, with a growth rate of 17.1%[28] - Hospital management revenue increased from RMB 215.9 million in 2021 to RMB 276.5 million in 2022, reflecting a growth of 28.1%[30] - Total service cost increased by RMB 82.7 million or 17.0% to RMB 569.8 million, aligning with the revenue growth from property management services[33] - Gross profit rose by RMB 8.0 million or 7.0% to RMB 122.2 million, with a gross margin decrease of 1.3 percentage points compared to 2021[34] - The gross margin for property management services decreased by 1.6 percentage points, mainly due to increased frontline staff costs and overtime payments[37] - Net profit decreased by RMB 4.1 million or 9.2% to RMB 40.4 million, with a net profit margin decline from 7.4% to 5.8%[45] Assets and Liabilities - Total assets as of December 31, 2022, amounted to RMB 540.407 million, while total liabilities were RMB 339.580 million[9] - The company's asset-liability ratio improved to 47.1% as of December 31, 2022, compared to 61.2% on December 31, 2021[54] - Trade receivables increased by RMB 65.8 million or 77.4% to RMB 150.8 million, mainly due to business growth in property management services for hospitals with longer settlement periods[50] - Investment properties increased from RMB 63.9 million to RMB 107.1 million, primarily due to leasing a large investment property in Jinan and related renovation costs of RMB 17.7 million[47] - As of December 31, 2022, the company's cash and cash equivalents amounted to RMB 64.7 million, slightly down from RMB 96.8 million on December 31, 2021[54] - The company's trade payables decreased to RMB 41.4 million as of December 31, 2022, a reduction of RMB 1.3 million or 3.1% from RMB 42.7 million on December 31, 2021[52] Market Strategy and Growth Plans - The company plans to strengthen its market position in Shandong, particularly in hospital property management services, through internal growth and strategic acquisitions[16] - The company plans to expand its market share in Shandong Province and enter nearby developed markets through acquisitions and partnerships[24] - The company aims to enhance its digital technology and optimize the OSCS functionality to improve service levels[16] - The company is committed to optimizing its revenue structure and advancing its digital capabilities for sustainable growth[15] - The company has set a future outlook with a revenue guidance of $1.5 billion for the next fiscal year, indicating a projected growth of 25%[89] - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance operational efficiency and increase customer base by 20%[89] - The company plans to utilize the net proceeds by the end of 2025, with no amounts yet utilized as of the report date[129] Corporate Governance and Compliance - The company has adopted and complied with all applicable corporate governance codes as per the listing rules since its listing date[70] - The board of directors includes both executive and independent non-executive members, with all independent directors confirmed as independent as per listing rules[143] - The company has confirmed compliance with the standard code for securities trading by its directors since the listing date[73] - The company has complied with all relevant laws and regulations during the reporting period, with no significant violations reported[123] - The company is committed to enhancing its environmental, social, and governance (ESG) performance, as outlined in its ESG report[124] Employee and Management Information - The company employed 8,755 employees as of December 31, 2022, an increase from 7,132 employees in 2021[69] - Total employee costs for the reporting period were RMB 358.8 million, an increase from RMB 295.6 million in 2021, aligning with business growth[69] - The management team includes experienced executives with over 10 years in property services and management[84][85] - The company has a strong management team with extensive experience in property management and financial oversight[104] Shareholder Information - The company did not recommend any final dividend for the year ended December 31, 2022, consistent with the previous year[66] - The board of directors did not recommend any final dividend for the year ended December 31, 2022, consistent with the previous year[116] - The company adopted a dividend policy in March 2023, which allows the board to determine dividend distributions based on various factors including future operations and financial conditions[118] - The company's directors and senior management hold significant equity interests, with Mr. Luan Tao holding 164,706,700 shares, representing 54.90%[174] Capital Expenditures and Investments - Capital expenditures during the reporting period totaled RMB 32.8 million, significantly up from RMB 6.4 million in 2021[58] - The net proceeds from the global offering amounted to HKD 89.9 million, with 54.3% allocated for strategic investments and acquisitions to expand property management, 28.0% for IT development, and 17.7% for employee incentive mechanisms[129] Related Party Transactions - The company is committed to complying with the listing rules regarding related party transactions following its listing on January 17, 2023[186] - The company entered into a property management service framework agreement on December 14, 2022, to provide services until December 31, 2024[188] - The annual cap for property management service framework agreements for the years ending December 31, 2022, and December 31, 2023, will not exceed RMB 35.3 million and RMB 40.1 million, respectively[189] - The audited transaction amount for the property management service framework agreement for the year ending December 31, 2022, was RMB 32.457 million against an annual cap of RMB 35.3 million, representing approximately 92% utilization[193]

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，並明確表示概不就因本公告全部 或任何部份內容而產生或因依賴該等內容引致的任何損失承擔任何責任。 Runhua Living Service Group Holdings Limited 潤華生活服务集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2455） 截至2022年12月31日止年度之 年度業績公告 潤華生活服務集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈 本公司及其附屬公司（統稱「本集團」）截至2022年12月31日止年度（「報告期間」）之 經審核綜合財務業績，連同截至2021年12月31日止年度之比較數字。本集團報告 期間的年度業績已由本公司審核委員會（「審核委員會」）審閱，並於2023年3月30 日獲董事會批准。 ...