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，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何 責任。 Evergrande Property Services Group Limited 恒大物業集團有限公司 （於開曼群島註冊成立的有限責任公司） （股份代號：6666） 截 至 2024 年 12 月 31 日止年度 全年業績公告 財務摘要 截至2024年12月31日止年度： 於2024年12月31日，本集團總合約面積約799百萬平方米，在管面積約579百萬平方米； 年內累計新簽約第三方面積超4,700萬平方米，同比增長超100%，合同年飽和收入超人民幣 10億元。 董事會不建議就截至2024年12月31日止年度派付任何末期股息。 – 1 – ‧ 本集團營業收入約人民幣12,756.7百萬元，同比增長約2.2%。 ‧ 本集團毛利潤約人民幣2,443.4百萬元，毛利率約19.2%，同比下降約5.7個百分點。 ‧ 本集團淨利潤約人民幣1,032.0百萬元，淨利率約8.1%，同比下降約4.4個百分點。 ‧ 本公 ...

Financial Performance - Revenue for the first half of 2024 was approximately RMB 6,220.2 million, a year-on-year increase of 1.2%[6] - Total revenue for the period reached approximately RMB 6,220.2 million, a year-on-year increase of 1.2%[24] - Total revenue for the six months ended June 30, 2024, was RMB 6,220,192 thousand, compared to RMB 6,145,117 thousand for the same period in 2023[102] - Revenue for the six months ended June 30, 2024, was RMB 6,220,192 thousand, a slight increase from RMB 6,145,117 thousand in the same period in 2023[77] - Gross profit declined by 16.2% year-on-year to approximately RMB 1,256.1 million, while net profit decreased by 36.8% to approximately RMB 499.8 million[6] - Gross profit for the six months ended June 30, 2024, decreased to RMB 1,256,091 thousand from RMB 1,499,164 thousand in 2023[77] - Net profit attributable to owners of the company was approximately RMB 500.5 million, with basic earnings per share of RMB 0.05[6] - Net profit attributable to the company's owners for the six months ended June 30, 2024, was RMB 500,526 thousand, down from RMB 781,309 thousand in 2023[77] - Basic and diluted earnings per share were RMB 0.05 in 2024, down from RMB 0.07 in 2023[111] - Gross profit margin decreased by 4.2 percentage points to 20.2%, with property management services margin dropping to 16.2%[34] - Net profit decreased by 36.8% to RMB 499.8 million, with a net profit margin of 8.0%, down 4.9 percentage points[41] - Income tax expense decreased to RMB 182,604 thousand in 2024 from RMB 234,059 thousand in 2023, reflecting lower current tax and deferred tax provisions[107] - The company paid approximately RMB 642.5 million in back taxes for 2021 and 2022, and RMB 251.1 million for the 2023 annual tax settlement[6] - Current tax liabilities decreased by RMB 384.3 million to RMB 803.2 million as of June 30, 2024, due to tax payments and increased operating profits[48] Business Growth and Contracts - Total contracted area reached approximately 794 million square meters, with managed area at approximately 555 million square meters as of June 30, 2024[5] - New third-party contracts signed during the period exceeded 21 million square meters, a year-on-year increase of over 40%, with a total contract value of approximately RMB 600 million[5] - The company signed new third-party contracts covering over 21 million square meters, a 40% year-on-year increase, with a total contract value of approximately RMB 600 million[21] - The company's total managed area reached 555 million square meters as of June 30, 2024, an increase of 46 million square meters compared to the same period in 2023[26] - Non-residential projects accounted for approximately 65% of newly signed third-party contracts, covering landmark projects in sectors such as transportation, hospitals, and industrial parks[21] Service Revenue Breakdown - Asset management services revenue grew by 12.2% year-on-year to approximately RMB 406.2 million[6] - Community living services revenue increased by 3.8% year-on-year to approximately RMB 427.6 million[6] - Property management service revenue grew by 2.5% to approximately RMB 5,193.8 million, with basic property management services contributing RMB 5,158.1 million, up 2.7%[26] - Community life service revenue increased by 3.8% to RMB 427.6 million, driven by the growth of community group buying business, which saw an 18.6% year-on-year increase[18] - Asset management service revenue surged by 12.2% to RMB 406.2 million, with self-operated property rental and sales business expanding to over 100 cities and 700 projects[20] - Revenue from property management services for the six months ended June 30, 2024, was RMB 5,193,797 thousand, compared to RMB 5,066,459 thousand for the same period in 2023[102] - Community living services revenue for the six months ended June 30, 2024, was RMB 427,623 thousand, up from RMB 412,059 thousand in the same period in 2023[102] - Asset management services revenue for the six months ended June 30, 2024, was RMB 406,247 thousand, compared to RMB 362,095 thousand in the same period in 2023[102] - Community operation services revenue for the six months ended June 30, 2024, was RMB 192,525 thousand, down from RMB 304,504 thousand in the same period in 2023[102] Operational Efficiency and Digital Transformation - The company is advancing digital transformation by upgrading core business systems with cloud computing, AI, and big data to streamline processes, enhance cross-department collaboration, and improve operational efficiency[14] - The company is strengthening its community group buying business by ensuring product quality through origin traceability, providing doorstep services, and improving after-sales efficiency using digital tools to drive customer satisfaction and business growth[8] - The company is enhancing its asset management capabilities by offering professional leasing and sales services for properties and parking spaces, leveraging its proximity to customers and lower market fees to ensure asset value preservation[10] Community and Service Quality - The company focuses on enhancing service quality through a closed-loop mechanism, including customer expectation insights, service design innovation, and service experience evaluation, aiming to improve response efficiency and convert new productivity into new service capabilities[7] - The company is investing in community renewal projects, including homecoming routes, living environments, and safety equipment, while also building a cultural brand to create a friendly and valuable living community for all ages[7] - The company is expanding its home services, including housekeeping, maintenance, and elderly care, to meet growing demand and improve customer loyalty and repurchase rates[9] - The company is integrating Party building with property management, creating red zones like community discussion halls and Party member activity rooms to address residents' urgent needs and enhance community service systems[15] Financial Position and Cash Flow - Cash and cash equivalents increased by approximately RMB 21.6 million compared to the end of 2023, and net assets increased by approximately RMB 437.7 million[6] - Cash and cash equivalents increased by RMB 439.1 million to RMB 2,445.6 million as of June 30, 2024, primarily due to the redemption of financial assets[49] - The company's cash and cash equivalents balance reached RMB 2,320,098 thousand as of June 30, 2024, up 44.1% from RMB 1,610,003 thousand as of June 30, 2023[82] - Cash and bank balances as of June 30, 2024, were RMB 2,320,098 thousand, with RMB-denominated balances accounting for RMB 2,287,919 thousand[123] - Operating cash flow from operations increased to RMB 682,180 thousand in H1 2024, up 98.7% from RMB 343,264 thousand in H1 2023[82] - Net cash generated from operating activities decreased to RMB 95,924 thousand in H1 2024, down 61.5% from RMB 248,983 thousand in H1 2023[82] - Net cash generated from investing activities improved significantly to RMB 369,506 thousand in H1 2024, compared to a net cash outflow of RMB 69,093 thousand in H1 2023[82] - Cash and cash equivalents increased by RMB 439,236 thousand in H1 2024, a 996% increase from RMB 40,081 thousand in H1 2023[82] Assets and Liabilities - Total assets as of June 30, 2024, were RMB 8,237,746 thousand, slightly lower than RMB 8,246,416 thousand as of December 31, 2023[78] - Non-current assets decreased to RMB 2,213,020 thousand as of June 30, 2024, from RMB 2,276,748 thousand as of December 31, 2023[78] - Current liabilities decreased to RMB 7,501,953 thousand as of June 30, 2024, from RMB 7,876,937 thousand as of December 31, 2023[79] - Total liabilities decreased to RMB 7,780,823 thousand as of June 30, 2024, from RMB 8,227,205 thousand as of December 31, 2023[79] - The company's equity attributable to owners increased to RMB 32,813 thousand as of June 30, 2024, from a negative RMB 467,575 thousand as of December 31, 2023[78] - The company's retained earnings increased to RMB 6,108,288 thousand as of June 30, 2024, from RMB 5,607,762 thousand as of December 31, 2023[81] - The company's net current liabilities decreased to RMB 1,477,227 thousand as of June 30, 2024, down 22.5% from RMB 1,907,269 thousand as of December 31, 2023[85] - The company recorded a net current liability of approximately RMB 1,477,227,000 as of June 30, 2024, compared to RMB 1,907,269,000 as of December 31, 2023[75] Employee and Management - The company has 93,792 employees as of June 30, 2024, with a total training time of 554,000 hours, averaging 5.9 hours per employee[56] - The company is promoting a "frontline-oriented" culture, encouraging management to engage directly with frontline operations to identify issues and improve service strategies, while also building a multi-level talent pipeline to support long-term development[12] - Key management personnel compensation increased to RMB 5,546 thousand in the first half of 2024, up from RMB 4,925 thousand in the same period of 2023, representing a 12.6% increase[137] - Salaries, bonuses, and other benefits for key management personnel rose to RMB 5,381 thousand in H1 2024, compared to RMB 4,763 thousand in H1 2023, a 13% increase[137] - Pension plan contributions for key management personnel slightly increased to RMB 165 thousand in H1 2024 from RMB 162 thousand in H1 2023, a 1.9% rise[137] Risks and Challenges - The company faces risks related to industry regulations, operational costs, and potential contract terminations due to its controlling shareholder's liquidation[51] - The company incurred a significant loss of RMB 13.4 billion due to enforced deposit pledges, with recovery efforts facing major uncertainties[54] - Administrative expenses rose by 33.2% to RMB 519.7 million, primarily due to litigation costs and tax penalties[37] Corporate Governance and Compliance - The company has fully complied with the Corporate Governance Code during the six months ended June 30, 2024[69] - The company has adopted the Standard Code on Securities Transactions and all directors confirmed compliance during the six months ended June 30, 2024[70] - The unaudited interim results for the six months ended June 30, 2024, were reviewed by the company's independent auditor, Pak Shun CPA Limited[72] - The auditor did not identify any issues indicating that the interim condensed consolidated financial statements were not prepared in accordance with HKAS 34[76] Shareholder and Equity Information - Mr. Duan Shengli holds 3,550,000 shares, representing approximately 0.03% of the company's issued share capital as of June 30, 2024[62] - Mr. Duan Shengli holds 2,420,000 shares in China Evergrande New Energy Vehicle Group Limited, representing approximately 0.02% of its issued share capital[63] - Mr. Duan Shengli holds 20,600,000 share options in China Evergrande Group, representing approximately 0.16% of its issued share capital[64] - Dr. Xu Jiayin holds 5,590,229,000 shares through controlled entities, representing approximately 51.71% of the company's issued share capital as of June 30, 2024[66] - CEG Holdings (BVI) Limited holds 5,368,074,000 shares of the company, representing approximately 49.65% of the total issued shares[67][68] - Issued and fully paid shares as of June 30, 2024, remained unchanged at 10,810,811,000 shares[125] - Total reserves as of June 30, 2024, amounted to RMB -6,082,535 thousand, with a capital reserve of RMB -12,757,250 thousand[126] Other Financial Information - Trade receivables remained stable at RMB 3,047.6 million as of June 30, 2024, with a reduction in receivables from related parties[45] - Trade payables increased by RMB 171.1 million to RMB 1,586.5 million as of June 30, 2024, driven by expanded managed areas and related material procurement[46] - Contract liabilities decreased by RMB 87.4 million to RMB 2,562.0 million as of June 30, 2024, due to prepayments for services not yet provided[47] - Trade payables and other payables increased to RMB 4,039,623 thousand as of June 30, 2024, compared to RMB 3,937,708 thousand at the end of 2023[129] - Trade payables aged within 1 year increased to RMB 1,304,277 thousand as of June 30, 2024, from RMB 1,106,311 thousand at the end of 2023[130] - Trade receivables from related parties decreased to RMB 2,247,222 thousand as of June 30, 2024, from RMB 2,257,835 thousand at the end of 2023[135] - Trade payables to related parties increased to RMB 441,219 thousand as of June 30, 2024, from RMB 375,003 thousand at the end of 2023[136] - Revenue from services provided to related parties decreased to RMB 31,317 thousand in the first half of 2024, compared to RMB 65,347 thousand in the same period of 2023[133] - The company expects to receive approximately RMB 194,135 thousand from China Evergrande Group for property management services in the first half of 2024[134] Investments and Acquisitions - No significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures were made during the six months ended June 30, 2024[57] - The company has no specific plans for significant investments or capital assets as of June 30, 2024[58] - Capital commitments for the acquisition of subsidiaries amounted to RMB 300,000 thousand as of December 31, 2023, with no commitments as of June 30, 2024[132] Share Options and Dividends - The share option plan allows for the issuance of up to 1,081,081,100 shares, representing 10% of the company's issued share capital as of the adoption date[59] - No share options were granted, exercised, canceled, or lapsed under the share option plan during the six months ended June 30, 2024[60] - The Board of Directors does not recommend paying any interim dividend for the six months ended June 30, 2024[71] - The company did not declare or pay any dividends for the six months ended June 30, 2024[109] Miscellaneous - No significant post-reporting period events occurred between June 30, 2024, and the report date[69] - The company did not purchase, sell, or redeem any listed securities during the six months ended June 30, 2024[68] - The company did not hold any treasury shares as of June 30, 2024[68] - The company reached agreements with certain creditors to defer debt repayments for the next 12 months starting from June 30, 2024[85] - Foreign currency-denominated monetary assets increased to RMB 46,374 thousand as of June 30, 2024, up 9.4% from RMB 42,398 thousand as of December 31, 2023[88] - The company purchased financial assets at fair value through profit or loss for RMB 580,000 thousand in H1 2024, compared to no purchases in H1 2023[82] - Proceeds from sale of financial assets at fair value through profit or loss amounted to RMB 997,474 thousand in H1 2024[82] - Total lease liabilities as of June 30, 2024, amounted to RMB 105,358 thousand, with RMB 99,248 thousand due within one year[91] - Trade payables and other payables (excluding accrued salary liabilities and other tax payables) totaled RMB 3,633,481 thousand as of June 30, 2024, with RMB 3,495,628 thousand due within one year[91] - Financial assets measured at fair value through profit or loss as of June 30, 2024, were RMB 3,180 thousand, all classified under Level 3 of the fair value hierarchy[94] - As of December 31, 2023, financial assets measured at fair value through profit or loss were RMB 420,654 thousand, all classified under Level 3 of the fair value hierarchy[96] - The fair value of non-listed equity investments as of June 30, 2024, was RMB 3,180 thousand, with a discount factor of 20% applied due to lack of marketability[97] - Restricted cash primarily includes regulatory funds, service deposits, and litigation preservation funds[124]

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，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何 責任。 Evergrande Property Services Group Limited 恒大物業集團有限公司 （於開曼群島註冊成立的有限責任公司） （股份代號：6666） 截 至2024年 6 月30日止六個月 未經審核之中期業績公告 | --- | --- | |-----------------------------------|---------------------------------------------------------------------------| | | | | 財務摘要 | | | 截至 2024 年 6 月 30 日止六個月： | | | ‧ 本集團營業收入約人民幣 | 6,220.2 百萬元，同比增長約 1.2% 。 | | ‧ 本集團毛利潤約人民幣 | 1,256.1 百萬元；毛利率約 20.2% ，同比下降約 4.2 個百分點。 | | ‧ 本集團淨利潤約人 ...

Financial Performance - For the year ended December 31, 2023, the total contracted area of the group was approximately 800 million square meters, with managed area of approximately 532 million square meters, and new third-party contracts signed amounted to approximately 23.09 million square meters[7]. - The group achieved a revenue of approximately RMB 12,486.5 million, representing a year-on-year growth of approximately 5.7%; community living services generated revenue of approximately RMB 809.3 million, up approximately 29.7% year-on-year[7]. - Gross profit for the year was approximately RMB 3,108.4 million, reflecting a year-on-year increase of approximately 14.3%, with a gross margin of approximately 24.9%, an increase of about 1.9 percentage points year-on-year[7]. - Net profit for the year was approximately RMB 1,563.8 million, with a net margin of approximately 12.5%, remaining stable compared to 2022[7]. - The group’s profit attributable to owners was approximately RMB 1,541.2 million, with basic earnings per share of approximately RMB 0.14[7]. - Community group buying revenue increased by approximately 138.7% compared to 2022[14]. - Home service brand "Jinbi Daijia" achieved a revenue growth of about 46.8% year-on-year[14]. - Property rental and sales business revenue grew by approximately 97.1% compared to 2022[15]. - Revenue from property management services was approximately RMB 10,318.5 million, a year-on-year increase of about 8.3%[26]. - Asset management services revenue was approximately RMB 740.4 million, reflecting a year-on-year growth of about 4.6%[30]. - Community operation services revenue decreased by approximately 34.8% to RMB 618.4 million, primarily due to reduced demand for advertising and venue rentals[31]. - The company's sales costs increased by approximately 3.2% to RMB 9,378.1 million, attributed to the expansion of managed areas and diversified business development[33]. - The overall gross profit for the year was approximately RMB 3,108.4 million, with a gross profit margin of about 24.9%, an increase of approximately 1.9 percentage points year-on-year[34]. - The gross profit margin for property management services increased from approximately 19.0% in 2022 to about 21.3% in 2023, a rise of approximately 2.3 percentage points[35]. - The gross profit margin for community living services rose from approximately 21.8% in 2022 to about 24.9% in 2023, an increase of approximately 3.1 percentage points[36]. - The gross profit margin for asset management services increased from approximately 48.2% in 2022 to about 56.6% in 2023, a rise of approximately 8.4 percentage points[36]. - The company's net profit for the year was approximately RMB 1,563.8 million, an increase of about 5.8% compared to RMB 1,478.6 million in 2022, with a net profit margin of approximately 12.5%[23]. - Total revenue for the year reached approximately RMB 12,486.5 million, representing a year-on-year growth of about 5.7%[24]. Business Strategy and Development - The company is focused on high-quality development and sustainable growth, emphasizing operational efficiency and service innovation[7]. - Community living services and asset management services are key growth areas, with significant revenue increases noted in these segments[7]. - The company aims to strengthen customer loyalty and meet the diverse living needs of clients through enhanced service offerings[7]. - The company is transitioning its business model from cooperative operations to self-operated services, enhancing professional service capabilities and establishing a quality management system[9]. - The company is expanding its asset management services, providing integrated operational services to help owners maintain and enhance asset value[10]. - The company is implementing a "City Partner" program to deepen resource integration in second and third-tier cities, aiming for efficient project expansion and profitability[10]. - The company aims to enhance service quality through continuous improvement and innovation, focusing on customer satisfaction and operational efficiency[9]. - The company is focused on asset management to help clients maintain and increase asset value[20]. - The company will continue to leverage its diversified brand strategy to enhance market expansion and service density[21]. - The company aims to enhance customer satisfaction through detailed service improvements and community engagement initiatives[18]. - The company plans to implement the "Urban Cloud Team" initiative in key cities to expand home service operations[19]. - The company has expanded its community service matrix to include community health and tourism services[14]. Corporate Governance - The company emphasizes high standards of corporate governance, adhering to the principles outlined in the Corporate Governance Code as per the Hong Kong Stock Exchange[64]. - The board consists of both executive and non-executive directors, ensuring a diverse range of expertise and oversight[66]. - The company has a strong focus on internal controls and risk management to enhance accountability and performance[64]. - The independent non-executive director Mr. Peng Liaoyuan has over 30 years of legal experience, contributing to the board's independent oversight[60]. - The company has established a risk management framework, with the board as the decision-making body and clear responsibilities for risk management assigned to various levels of management[79]. - The board is responsible for risk management and internal control systems, ensuring effective monitoring and evaluation of risks associated with achieving strategic objectives[78]. - The company has established a whistleblowing procedure for employees, customers, and suppliers to report misconduct anonymously[87]. - The company has mechanisms in place for directors to seek independent professional advice at the company's expense when necessary[71]. - The company has adopted a board diversity policy to ensure a balance of skills, experience, and perspectives among board members[96]. - The board believes that the gender ratio among employees is appropriately balanced and is committed to promoting gender diversity in the workforce[98]. - The company has made appropriate insurance arrangements for its directors and senior management against legal claims arising from corporate activities[67]. - The board has complied with listing rules regarding the appointment of at least three independent non-executive directors, who constitute at least one-third of the board[70]. - The board held a total of 9 meetings during the year ending December 31, 2023, with proper notice given at least 14 days prior to regular meetings[73]. - All directors participated in continuous professional development training, ensuring compliance with corporate governance code C.1.4[76]. Risk Management - The group faced significant operational risks due to industry regulatory environments and potential impacts from the liquidation of its controlling shareholder[50][51]. - The group has taken measures to address going concern uncertainties, including strict management control and negotiations for payment extensions with suppliers[53]. - The company is addressing significant uncertainties related to its ability to continue as a going concern, as highlighted in the auditor's report[154]. - The board believes that the group will have sufficient working capital to meet its financial obligations until December 31, 2024, based on cash flow forecasts and implemented measures[174]. - The group has actively negotiated with creditors regarding the repayment plans for business combination payables[174]. - The company has established a framework for handling and disclosing insider information, ensuring compliance with securities regulations[88]. - The company has implemented a fraud prevention system, prohibiting all forms of corruption, bribery, extortion, fraud, and money laundering[87]. - The risk management process includes identification, assessment, response, monitoring, and reporting of risks to systematically manage and mitigate them[82]. - The company has a robust internal audit function that monitors and evaluates the effectiveness of risk management practices[86]. - The audit committee reviewed the resources and qualifications of accounting, internal audit, and financial reporting functions, deeming them sufficient[86]. Employee and Training - The total employee cost for the year was approximately RMB 5,627.7 million, with a workforce of 91,482 employees as of December 31, 2023[55]. - The group implemented a three-tier training mechanism, achieving a total training time of 1.375 million hours, with an average of 15.0 hours of training per employee[56]. - The company aims to enhance its talent strategy by combining internal training and external recruitment to support sustainable development[22]. Shareholder and Investor Relations - The company has established a shareholder communication policy to ensure that shareholders receive company information equally and timely[108]. - The company emphasizes communication with institutional investors to enhance transparency and gather feedback[109]. - The company has adopted a dividend policy to declare dividends annually when circumstances permit, considering distributable profits, financial condition, and future development needs[101]. - As of December 31, 2023, the company's distributable reserves were approximately RMB -474.6 million, and no final dividend was recommended for the fiscal year[117]. - The largest customer accounted for approximately 0.4% of the company's revenue for the fiscal year ending December 31, 2023, while the top five customers contributed about 1.3%[118]. - Total procurement from the largest and top five suppliers represented approximately 1.5% and 4.1% of the company's total procurement for the year, respectively[118]. Financial Position and Assets - Total assets as of December 31, 2023, amounted to RMB 8,246,416 thousand, an increase from RMB 7,147,771 thousand in 2022, indicating a growth of 15.4%[166]. - Current assets totaled RMB 5,969,668 thousand, up from RMB 4,895,244 thousand in the previous year, reflecting a growth of 21.9%[166]. - Cash and cash equivalents increased to RMB 1,880,850 thousand from RMB 1,567,979 thousand, marking a rise of 19.9%[166]. - Total liabilities decreased from RMB 8,660,536 thousand in 2022 to RMB 8,227,205 thousand in 2023, a reduction of approximately 5%[167]. - Current liabilities decreased from RMB 8,216,601 thousand in 2022 to RMB 7,876,937 thousand in 2023, representing a decline of about 4%[167]. - The company’s total non-current liabilities decreased from RMB 443,935 thousand in 2022 to RMB 350,268 thousand in 2023, a reduction of approximately 21%[167]. - The carrying amount of trade receivables and other receivables as of December 31, 2023, was RMB 3,508,637,000, with a credit loss provision of RMB 140,172,000 recognized in the profit and loss statement for the year[156]. - The group’s net current liabilities and net assets were approximately RMB 1,907,269,000 and RMB 19,211,000, respectively, compared to RMB 3,321,357,000 and RMB 1,512,765,000 as of December 31, 2022[174]. Audit and Compliance - The company appointed a new auditor, Shinewing (HK) CPA Limited, effective January 16, 2023, following the resignation of PwC[151]. - The audit opinion does not cover other information included in the annual report, which is the responsibility of the company's directors[161]. - The company has confirmed that all independent non-executive directors have reviewed the related party transactions and found them to be fair and reasonable[138]. - The company has established procedures to ensure compliance with applicable laws and regulations, with the board responsible for overseeing these policies[112]. - The company has maintained sufficient public float as required by the listing rules, according to available public information[150]. - The external auditor's annual audit fee for the financial statements was RMB 4.9 million, while the fee for non-audit services was approximately RMB 2.0 million[90]. Investments and Acquisitions - There were no significant investments or acquisitions involving subsidiaries, associates, or joint ventures during the year[57]. - The company has not entered into any management or administrative contracts for the management of its business during the fiscal year ending December 31, 2023[122]. - The company has not participated in any arrangements that would allow directors to benefit from acquiring shares or bonds of the company or any other entity during the year[126]. Share Options and Equity - The company has adopted a share option plan allowing for the issuance of up to 1,081,081,100 shares, representing 10% of the total shares issued as of May 10, 2021[124]. - The maximum number of share options that can be granted under the plan is limited to 1% of the issued shares in any twelve-month period[124]. - As of December 31, 2023, the company has not granted any share options under the plan since its adoption[125]. - Major shareholder Dr. Xu Jiayin holds 5,590,229,000 shares, representing 51.71% of the total shares[133]. - The company has no outstanding equity-linked agreements other than the share option plan as of December 31, 2023[126]. - The board has the discretion to determine the exercise price of the share options, which will not be lower than the official closing price on the grant date[125]. Sustainability and Community Engagement - The company emphasizes a commitment to social responsibility, engaging in various community support activities, and receiving widespread praise from government and community stakeholders[8]. - The company is focusing on community engagement through initiatives like the "Red Property" model, integrating property management with grassroots governance[11]. - The company is actively promoting community activities to foster engagement and enhance the quality of life for residents[12]. - The company is committed to sustainable development and has adhered to relevant environmental protection laws and regulations in its operations[113]. - The company has implemented a smart information platform to enhance customer experience and operational efficiency by facilitating online interactions between customers and property managers[114].

Financial Performance - The group's operating revenue for the year ended December 31, 2023, was approximately RMB 12,486.5 million, representing a year-on-year growth of about 5.7%[2] - The group's gross profit was approximately RMB 3,108.4 million, with a gross margin of about 24.9%, an increase of approximately 1.9 percentage points year-on-year[2] - The net profit for the group was approximately RMB 1,563.8 million, reflecting a year-on-year increase of about 5.8%, with a net margin of approximately 12.5%[2] - Total revenue for the year ended December 31, 2023, was RMB 12,486,544,000, an increase from RMB 11,809,176,000 in 2022, representing a growth of approximately 5.7%[15] - Revenue from third-party clients was RMB 12,372,832,000 for the year ended December 31, 2023, compared to RMB 11,668,653,000 in 2022[16] - The company reported a profit attributable to owners of RMB 1,541,199,000 in 2023, representing an increase of 8.3% compared to RMB 1,422,679,000 in 2022[31] - Basic and diluted earnings per share for 2023 were RMB 0.14, compared to RMB 0.13 in 2022, reflecting a 7.7% increase[31] - The company's net profit for the year was approximately RMB 1,563.8 million, representing a growth of about 5.8% compared to RMB 1,478.6 million in 2022, with a net profit margin of approximately 12.5%[66] Assets and Liabilities - The group's total assets as of December 31, 2023, amounted to approximately RMB 8,246.4 million, compared to RMB 7,147.8 million as of December 31, 2022[4] - The total liabilities of the group as of December 31, 2023, were approximately RMB 8,227.2 million, down from RMB 8,660.5 million as of December 31, 2022[5] - As of December 31, 2023, the group's net current liabilities were approximately RMB 1,907,269,000, compared to RMB 3,321,357,000 as of December 31, 2022[9] - The group's net assets were approximately RMB 19,211,000 as of December 31, 2023, compared to RMB 1,512,765,000 as of December 31, 2022[9] - Contract liabilities as of December 31, 2023, amounted to RMB 2,649,350,000, a slight decrease from RMB 2,688,029,000 in 2022[21] - The company's trade receivables increased to RMB 3,046,591,000 in 2023 from RMB 2,739,020,000 in 2022, representing an increase of approximately 11.2%[32] - The company's accounts payable decreased to RMB 4,115,560,000 in 2023 from RMB 4,925,270,000 in 2022, reflecting a decrease of approximately 16.4%[36] Revenue by Segment - The total revenue for property management services in 2023 reached RMB 10,318,518,000, an increase of 8.3% from RMB 9,528,653,000 in 2022[19] - Community living services revenue grew to RMB 809,252,000 in 2023, up 29.6% from RMB 624,159,000 in 2022[19] - The asset management services segment steadily progressed, achieving revenue of approximately RMB 740.4 million, reflecting a year-on-year growth of about 4.6%[48] - Community operation service revenue decreased by approximately 34.8% to RMB 618.4 million, primarily due to reduced demand for advertising placements and venue rentals in the market[74] Operational Measures and Strategies - The group has implemented cost control measures to improve its operational and financial condition[9] - The company aims to enhance service quality through continuous improvement and innovation, focusing on customer satisfaction and operational efficiency[50] - The company is committed to developing a "Golden Beauty Home" service system, enhancing property services through community group purchases and home services[50] - The company is focusing on market expansion by leveraging its "Golden Beauty" brand and collaborating with three independent brand companies to enhance brand influence[51] - The company is exploring the integration of "Party Building + Property Management" to enhance community governance and service delivery[52] - The company acknowledges external pressures and risks, emphasizing the need for continuous improvement in service quality and operational efficiency[53] Employee and Management - The total employee cost for the year was approximately RMB 5,627.7 million, with a workforce of 91,482 employees as of December 31, 2023[95] - The group implemented a training program with a total training time of 1.375 million hours, averaging 15.0 hours per employee[96] - The total remuneration for key management personnel increased from RMB 2,088 thousand in 2022 to RMB 2,666 thousand in 2023, reflecting a growth of approximately 28.0%[42] Governance and Compliance - The board of directors did not recommend the payment of any final dividend for the year ended December 31, 2023[2] - The company has adopted the Corporate Governance Code and has complied with all applicable provisions for the year ended December 31, 2023[101] - An audit committee has been established, consisting of three independent non-executive directors, to review financial reporting and risk management[103] - The financial statements for the year ended December 31, 2023, have been reviewed by the audit committee and are consistent with the audited consolidated financial statements[104]

Core Viewpoint - Evergrande Property (06666) experienced a significant increase of over 11%, closing at 0.58 HKD with a trading volume of 5.77 million HKD, following the announcement of changes in the Hang Seng Index [1] Group 1: Company Updates - The Hang Seng Index Company announced the results of its quarterly review, effective March 4, 2024, which will see the number of constituent stocks in the Hang Seng Composite Index decrease from 518 to 514, with Evergrande Property among the 25 stocks added [1] Group 2: Industry Insights - According to Industrial Securities, the real estate industry is witnessing a series of optimization policies, with more financial support measures expected to alleviate liquidity pressures for property companies and boost buyer confidence, thereby releasing housing demand [1] - State-owned real estate companies are noted for their financial stability and smooth financing, allowing them to continue acquiring land in core cities, ensuring sales and performance [1] - The recommendation is made for high-quality property management companies in the current market environment [1]

智通财经APP获悉，恒大物业(06666)盘中涨超18%，截至发稿，涨16.25%，报0.465港元，成交额 1112.53万港元。 消息面上，1月29日，香港高等法院举行对恒大的清盘呈请聆讯，向恒大发出清盘令。被视为优质资产 的恒大物业将会面临如何处置受到市场与投资人的多方关注。 值得注意的是，在恒大被清盘的三天前，也就是今年1月26日，恒大物业发布内部消息公告称，有关约 134亿元人民币存款质押被强制执行一事，公司全资附属子公司已向广东省广州市中级人民法院提起诉 讼。1月25日，公司已收到法院正式接受立案的通知。有市场猜测称，此举是恒大意在保全物管板块， 让恒大物业回血。但清盘令颁布之后，恒大物业这134亿欠款大概率难以追回。 ...

800 2023中期報告 Evergrande Property Services Group Limited 恒大物業集團有限公司 (於開曼群島註冊成立的有限責任公司) 股票代號：6666 ultiport !! ii 中 www IIM ■ stree lln. F 目錄 | --- | --- | |--------------------------------|-------| | | | | | | | 公司資料 | 2 | | 主席報告書 | 4 | | 管理層討論及分析 | 8 | | 企業管治及其他資料 | 22 | | 中期簡明綜合財務報表的審閱報告 | 30 | | 簡明綜合損益及其他全面收益表 | 32 | | 簡明綜合財務狀況表 | 33 | | 簡明綜合權益變動表 | 35 | | 簡明綜合現金流量表 | 36 | | 簡明綜合財務報表附註 | 37 | 2023 中期報告 1 | --- | --- | |-----------------------|----------------------------------------| | | | | 公司資料 | | | 董事會 ...

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，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何 責任。 Evergrande Property Services Group Limited 恒大物業集團有限公司 （於開曼群島註冊成立的有限責任公司） （股份代號：6666） 截 至 2023 年 6 月 30 日止六個月 未經審核之中期業績公告 | --- | --- | |-----------------------------------|----------------------------------------------------------------------| | | | | 財務摘要 | | | 截至 2023 年 6 月 30 日止六個月： | | | ‧ 本集團營業收入約人民幣 | 6,145.1 百萬元，同比增長約 6.2% 。 | | ‧ 本集團毛利潤約人民幣 1,499.2 | 百萬元，毛利率約為 24.4% ，同比增加約 2.2 個百分點。 | | ‧ 本集團淨利潤約人 ...

Financial Performance - For the year ended December 31, 2022, the company achieved revenue of approximately RMB 11,809.2 million, with a gross profit of approximately RMB 2,719.1 million and a net profit of approximately RMB 1,478.6 million[6]. - The profit attributable to the owners of the company was approximately RMB 1,422.7 million, resulting in a basic earnings per share of approximately RMB 0.13[6]. - The total revenue for the group in 2022 was approximately RMB 11,809.2 million, a decrease of 10.5% compared to RMB 13,193.5 million in 2021[13]. - Property management service revenue reached approximately RMB 9,440.6 million, representing a year-on-year growth of 3.7% due to an increase in managed area[15]. - Revenue from third-party property management services accounted for 79.8% of total revenue, amounting to RMB 9,427.9 million, with a year-on-year growth of 15.9%[11]. - Revenue from community value-added services from third parties was RMB 2,229.9 million, representing an increase of 1.8% year-on-year[11]. - The net profit for the year was approximately RMB 1,478.6 million, with profit attributable to the company's owners at approximately RMB 1,422.7 million[25]. - The company reported a basic and diluted earnings per share of RMB 0.13 for 2022, compared to a loss per share of RMB (0.03) in 2021[152]. Operational Metrics - As of December 31, 2022, the total contracted area managed by the company was approximately 819 million square meters, with an area under management of approximately 500 million square meters, an increase of approximately 27 million square meters compared to the end of 2021[6]. - The company expanded its third-party project management area to approximately 148 million square meters, accounting for about 30% of the total area managed, with new third-party management area representing about 37% of the total new management area[7]. - The total managed area as of December 31, 2022, was approximately 500 million square meters, an increase of about 27 million square meters from 2021[15]. - The total employee cost for the year was approximately RMB 5,329.4 million, with a total of 72,076 employees as of December 31, 2022[38]. Customer Satisfaction and Community Engagement - The company reported a 13.5% year-on-year decrease in customer complaint rates per thousand households, indicating improved customer satisfaction in property services[6]. - The company actively engaged in community support and social responsibility initiatives, including the establishment of nearly 200 party branches and organizing approximately 15,000 community events[7]. - The company provided employment for over 2,400 veterans, receiving recognition for its contributions to social responsibility and employment support in Guangdong Province[7]. Financial Position and Liabilities - As of December 31, 2022, trade receivables were approximately RMB 2,739.0 million, an increase of about RMB 739.3 million from RMB 1,999.7 million in the previous year[29]. - Contract liabilities decreased to approximately RMB 2,688.0 million, down from RMB 3,080.1 million as of December 31, 2021, due to a reduction in prepayments for property service fees[31]. - The group's current liabilities net value as of December 31, 2022, was approximately RMB 3,321.4 million, down from RMB 5,450.2 million on December 31, 2021, resulting in a current ratio of approximately 0.60 times[32]. - The group has approximately RMB 183.0 million in short-term borrowings and RMB 66.7 million in long-term borrowings as of December 31, 2022[32]. - The group has approximately RMB 13.4 billion in pledged deposits that were enforced by relevant banks, indicating significant financial exposure[65]. Governance and Management - The company is committed to independent oversight and management through its audit and nomination committees, ensuring compliance and governance[43]. - The company has a strong board of independent non-executive directors, including Mr. Peng Liaoyuan, who has over 30 years of experience in legal affairs[43]. - The company has established mechanisms for independent professional advice to ensure the board receives unbiased perspectives[50]. - The company has implemented appropriate insurance arrangements for its directors and senior management against legal liabilities[50]. - The company has committed to maintaining high standards of corporate governance, with further details provided in the corporate governance report[128]. Risk Management - The group has established a risk management framework with the board as the decision-making body and designated managers for execution, clarifying responsibilities and reporting lines[59]. - The audit committee continuously monitors the effectiveness of the risk management framework and oversees the management's design and implementation of risk management systems[60]. - The group believes it will have sufficient operating funds to meet its financial obligations until June 30, 2024, provided all measures are successfully implemented[162]. - The volatility of the real estate industry in China and uncertainty regarding creditor support pose significant risks to the group's plans and measures[162]. Shareholder Communication and Dividends - The company has a shareholder communication policy to ensure equal and timely access to company information for shareholders[87]. - The board aims to maintain the current proportion of female members and promote gender diversity in recruitment for senior positions[76]. - The company has adopted a dividend policy to declare dividends annually when circumstances permit, considering distributable profits and financial conditions[81]. - The board of directors has not proposed any final dividend for the year ending December 31, 2022, with no shareholders waiving or agreeing to waive any dividends[95]. Internal Controls and Compliance - The company has established a whistleblowing procedure for employees, customers, and suppliers to report misconduct anonymously[68]. - The company has established procedures to ensure compliance with applicable laws, rules, and regulations, and is aware of compliance in all significant aspects[91]. - The company has confirmed compliance with the standards for securities trading by directors during the year ended December 31, 2022[78]. - The independent auditors have confirmed that there were no issues that would lead them to believe that the related party transactions were not approved by the board or exceeded the respective caps[124]. Strategic Initiatives - The group aims to enhance its market expansion capabilities and focus on a diversified brand development strategy centered around "Jinbi+"[9]. - The group plans to deepen community group purchasing services to improve user consumption experience and increase service penetration and repurchase rates[10]. - The company is focused on enhancing community value-added services, led by Mr. Fang Shun, who has been with the group since 2015[45]. - The company has implemented a smart information platform to enhance online interaction between customers and service staff, improving customer experience and operational efficiency[93].