*ST中地：构建“物业管理+资产管理与运营”核心业务格局

Core Viewpoint - *ST Zhongdi is transitioning towards a service-oriented business model, focusing on light asset operations and enhancing its service quality and operational management capabilities [1][2] Group 1: Business Strategy - The company aims to establish a business structure centered around "property management + asset management and operation" after divesting its real estate business [1] - The company plans to expand its business scale and improve operational efficiency through various measures, including industry mergers and acquisitions [1] Group 2: Property Management - The property service business will be managed by China Communications Property Service Group Co., Ltd., offering comprehensive value-added services such as security, cleaning, and maintenance [1] - As of the end of 2024, the company will manage a property service area of 62.65 million square meters, with an annual contract amount of 1.218 billion yuan [1] Group 3: Asset Operation and Management - The asset operation and management business includes commercial management and self-owned property management, with a signed contract amount of 6.7 million yuan and a signed area of 62,600 square meters as of the end of 2024 [2] - The core asset for self-owned property leasing is Shenzhen Zhongjian Technology City, which has an overall occupancy rate of 90.32% and generated operating income of 83.39 million yuan and net profit of 32 million yuan [2] Group 4: Financial Performance - Following the restructuring, the company is projected to achieve operating revenue of 1.097 billion yuan and net profit of 98 million yuan in 2024 [2] - The company will have a cash balance of 999.7 million yuan, accounting for 48.97% of total assets, providing strong financial support for future business development and potential acquisitions [2]