"老小散"小区由于老旧弱、规模小、分布散等特点一直是社会基层治理的"难题"。近期，保利物业服务 股份有限公司（简称"保利物业"）以"团购物业"模式打破上海杨浦区定海路街道12个"老旧小散"小区单 独管理的桎梏，通过"打包整合"开创小区物业服务品质提升与物业企业创新转型发展"双赢"新局面。 根据中银证券研究报告，截至2025年5月末，上海存量小区共有2.75万个，其中82%的楼龄超过20年。 据行业机构统计，房龄15-25年的上海老旧小区物业费单价大部分集中在0.4元/平方米・月～0.8元/平方 米・月之间。长期资源投入不足导致老旧小区缺乏专业的物业管理、保洁质量差、维修响应慢、收费不 透明、居民对美好生活的需求得不到满足。 据了解，定海路街道的"老小散"小区长期深陷结构性矛盾，例如：0.18元/平方米・月的低价物业费仅能 覆盖应急维修，日常保洁、秩序维护等基础服务普遍缺失；人力、物料成本逐年攀升与居民对物业费市 场化调整接受度低的矛盾，让物业企业陷入"低价亏损、涨价难推进"的困境；缺乏专业物业支撑导致基 础设施老化、维修成本上升，有限治理资源难以满足居民精细化需求，治理效能严重不足。 保利物业联合定海路街道开 ...

车位租售业务代理服务框架协议 甲方:保利发展控股集团股份有限公司 统一社会信用代码:91440101741884392G 住所: 广州市海珠区阅江中路 832 号保利发展广场 53-59 层 法定代表人:刘平 乙方:保利物业服务股份有限公司 统一社会信用代码:914401012312453719 住所:广州市海珠区阅江中路 832 号保利发展广场 48-49 层 法定代表人:吴兰玉 鉴于: 双方按照《上市规则》的要求就甲方集团和乙方集团之间的车位租售业务代理服务 持续关连交易签订本协议。 a 6 7 1. 保利发展控股集团股份有限公司(以下简称"保利发展控股")为一家根据中 华人民共和国法律设立并合法存续的股份有限公司,是上海证券交易所(以下 简称"上交所"）主板的上市公司,股份代码为 600048.SH。 2. 保利物业服务股份有限公司(以下简称"保利物业")为一家根据中华人民共 和国法律设立并合法存续的股份有限公司,是香港联合交易所有限公司(以下 简称"香港联交所"）主板的上市公司,股份代码为6049.HK。 3. 根据《香港联合交易所有限公司上市规则》(以下简称 "《上市规则》"), 保利发展控股及其联 ...

（其地址為 ） POLY PROPERTY SERVICES CO., LTD. 保利物業服務股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：06049） 2026年度第一次臨時股東大會之代表委任表格 本人╱吾等 （附註1） 地址為 （附註2） 持有保利物業服務股份有限公司（「本公司」） （附註3） 股內資股╱H股 （附註4） 為本公司的股東， 現委任 （附註5） 大會主席或 為本人╱吾等之代理人，代表本人╱吾等出席2026年3月13日（星期五）上午10時正於中國廣東省廣州市海珠區閱江中路832號保 利發展廣場東塔二樓會議室舉行的2026年度第一次臨時股東大會（「臨時股東大會」）或其任何續會，並於該會代表本人╱吾等依照 下列指示就臨時股東大會通告所列的決議案投票；如無作出指示，則本人╱吾等之代理人可酌情投票。 除文義另有所指外，本表格所用詞彙與本公司日期為2026年2月9日的通函（簡稱「通函」）所界定者具有相同涵義。 | | （附註6） 普通決議案 | （附註7） 贊成 | （附註7） 反對 | （附註7） 棄權 | | --- | --- | --- | --- | --- | | 1 ...

（於中華人民共和國註冊成立的股份有限公司） （股份代號：06049） 2026年第一次臨時股東大會通告 茲通告，保利物業服務股份有限公司（「本公司」）將於2026年3月13日（星期五） 上午10時正於中國廣東省廣州市海珠區閱江中路832號保利發展廣場東塔二樓會議室舉 行臨時股東大會（「臨時股東大會」），以審議（如屬適當）並批准以下決議案。於本通告 內，除非文義另有所指，所用詞彙與本公司日期為2026年2月9日的通函（簡稱「通函」） 所界定者具有相同涵義。 普通決議案 承董事會命 保利物業服務股份有限公司 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通告之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本通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。 POLY PROPERTY SERVICES CO., LTD. 保利物業服務股份有限公司 吳蘭玉 中國廣州，2026年2月9日 於本通告日期，本公司執行董事為吳蘭玉女士；本公司非執行董事為劉平先生及 劉智慧先生；及本公司獨立非執行董事為王小軍先生、譚燕女士及張禮卿先生。 – 1 – 1. 審議及批准《 ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取與本通函相關的行動有任何疑問，應諮詢 閣下的股票經紀 或其他註冊證券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已出售或轉讓名下全部保利物業服務股份有限公司的股份，應立即將本通函連同隨附之 代表委任表格交予買方或承讓人，或送交經手買賣或轉讓的銀行、股票經紀或其他代理商，以 便轉交買方或承讓人。 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通函的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 POLY PROPERTY SERVICES CO., LTD. 保利物業服務股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：06049） (1)須予披露及持續關連交易 (2)選舉董事 及 2026年第一次臨時股東 大會通告 獨立董事委員會及 獨立股東的獨立財務顧問 保利物業服務股份有限公司將於2026年3月13日（星期五）上午10時正於中國廣東省廣州市海珠區閱江中 路832號保利發展廣場東塔二樓會議室舉行臨時股東大會。臨時股東大會通 ...

Investment Rating - The report maintains an "Overweight" rating for the real estate industry [4] Core Insights - The report highlights the significance of Shanghai's new policy to acquire second-hand housing for affordable rental housing, indicating a strong signal in a declining market. The policy aims to link demand for affordable housing with improvement needs, potentially activating the market by directing purchasing power to higher-priced new and second-hand homes [11][12] - The report emphasizes that the real estate sector serves as an early economic indicator, suggesting that investing in real estate is akin to investing in economic trends. The competitive landscape is expected to improve, benefiting leading state-owned enterprises and quality developers [4] - The report suggests focusing on first-tier cities and select second- and third-tier cities, as this combination has shown better performance during market rebounds [4] Summary by Sections 1. Shanghai's Housing Acquisition Policy - Shanghai has initiated a program to acquire second-hand housing for affordable rental purposes, with pilot areas including Pudong, Jing'an, and Xuhui, each having distinct acquisition criteria and models [11] - The policy aims to match housing types with talent needs, focusing on low-priced, small-sized properties to stimulate market activity [12] 2. Market Review - The report notes that the real estate index has shown minimal change, outperforming the CSI 300 index by 1.34 percentage points. A total of 73 stocks in the real estate sector increased in value, while 40 stocks decreased [15] - The top-performing stocks included Jinglan Technology and Qianjing Garden, with significant weekly gains [21] 3. New and Second-Hand Housing Transactions - In the week leading up to February 6, new housing transactions in 30 cities totaled 131.2 million square meters, a 5.2% decrease from the previous week but a 138.2% increase year-on-year. First-tier cities saw a 4.0% increase week-on-week [26] - Second-hand housing transactions in 15 sample cities totaled 204.5 million square meters, reflecting a 3.5% decrease week-on-week but a 717.5% increase year-on-year [35]

Investment Rating - The report maintains a "Positive" rating for the real estate and property management sectors, highlighting the recovery potential of quality real estate companies and commercial real estate [2][31]. Core Insights - The report indicates that the real estate sector is approaching a bottom in its fundamentals after a deep adjustment, with recent central government policies aimed at stabilizing the market. The report emphasizes the importance of quality real estate companies, predicting that their profit recovery will occur sooner and be more resilient [2][31]. - The report recommends several quality real estate companies and commercial real estate firms, including Jianfa International, Binjiang Group, Greentown China, China Jinmao, and Poly Development, as well as commercial real estate firms like New City Holdings and China Resources Land [2][31]. Industry Data Summary New Home Transactions - In the week of January 31 to February 6, 2026, new home transactions in 34 key cities totaled 1.974 million square meters, a week-on-week decrease of 6.9%. The transaction volume in first and second-tier cities decreased by 3.1%, while third and fourth-tier cities saw a significant drop of 39.4% [3][4]. - Year-on-year, new home transactions in February increased by 327.2%, with first and second-tier cities up by 347.8% and third and fourth-tier cities up by 168.9% [4][10]. Second-Hand Home Transactions - In the same week, second-hand home transactions in 13 key cities totaled 1.198 million square meters, also down by 6.9% week-on-week. However, year-to-date transactions showed a 27.4% increase compared to the previous year [10][31]. Inventory and Supply - The report notes that 15 cities had a total of 290,000 square meters of new supply, with a sales-to-supply ratio of 2.62 times. The total available residential area in these cities was 88.525 million square meters, reflecting a slight decrease of 0.52% [21][31]. Policy and News Tracking - The report highlights significant policy developments, including the acceleration of commercial real estate REITs applications, with over 10 applications submitted to exchanges as of February 6, 2026. Additionally, Shanghai is advancing the acquisition of second-hand homes for rental housing, with pilot areas identified [31][32]. - Various regions, including Tianjin, Sichuan, and Hainan, have adjusted the minimum down payment ratio for commercial property loans to no less than 30% [31][32].

Core Insights - The report discusses the implementation of the "Tax Law Principle" and its implications for service industries such as internet and finance, indicating that current tax arrangements are unlikely to change significantly in the short term [2][3][12] - The real estate sector is experiencing a favorable shift in financing policies, with REITs and private placements opening new equity financing channels to alleviate financial pressures on real estate companies [3][13] Tax Law Implementation - The State Council approved the "Implementation Regulations of the Value-Added Tax Law of the People's Republic of China" on December 19, 2025, and subsequent announcements have clarified tax details, suggesting stability in tax arrangements for service industries [2][3][12] - The definition of "basic services" in telecommunications is evolving, with mobile data and internet broadband still classified as "value-added services" subject to a 6% VAT rate, while traditional voice services are recognized as "basic services" with a 9% VAT rate [2][3][12] Real Estate Sector Analysis - The financing environment for the real estate industry is improving, with a shift from debt financing to equity financing, including the introduction of REITs and private placements [3][13] - Recent regulatory changes, such as the gradual retreat from the "three red lines" policy, indicate a more supportive financing environment for real estate companies [13] - The report maintains a "positive" rating for the real estate sector, highlighting the potential for recovery in the industry as financing policies become more favorable [3][13] Investment Recommendations - The report recommends several quality real estate companies for investment, including China Jinmao, Poly Developments, and China Resources Land, among others, due to their potential for recovery and attractive valuations [13] - The report emphasizes the importance of monitoring the evolving financing landscape and the impact of government policies on the real estate market [3][13]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 公司名稱: 保利物業服務股份有限公司（於中華人民共和國註冊成立的股份有限公司） 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 呈交日期: 2026年2月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06049 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 347,000,090 | RMB | | 1 | RMB | | 347,000,090 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 347,000,090 | RMB | | 1 | RMB | | 347,0 ...

1月27日，保利物业的4条公告打破了物业行业的平静，这距离该公司上一次关键人事变动已过去3年。 2023年1月，吴兰玉接任董事长，姚玉成空降出任总经理。而此次，因工作调整辞任总经理的姚玉成， 其职位由47岁的王英男接棒，后者履历几乎贯穿地产开发全链条。 头部物业企业的人事变动并非行业孤例，随着地产行业的深度调整，拥有稳定现金流的物业企业反而成 了"香饽饽"，越来越多地产高管开始转投物业企业。《每日经济新闻》记者注意到，仅2026年以来，就 已有保利物业、建业新生活、弘阳服务等物业企业陆续迎来地产背景高管。 作为昔日地产板块的配套行业，物业行业正在成为房企核心人才的新赛场。 2026年开年就已经有三家物业企业迎来了地产高管，而如果追溯到2025年全年，这个名单就更长了。 比如雅生活的王海洋、荣万家的吴秋云、永升服务的林祝波等，一众地产老将纷纷接掌物业企业核心岗 位。 地产大佬去物业 2026年开年，多位地产老将奔赴物业赛道。 1月27日，保利物业连发4条公告，官宣管理层换血，深耕地产领域15年的王英男接棒姚玉成出任总经 理。 事实上，约半个月前，保利发展将运营管理中心与产品管理中心合并为不动产运营中心，集团架构 ...