中国国信服务控股向港交所递交上市申请 为广东及湖南省内的综合物业管理及代理服务供应商
Ge Long Hui·2025-09-30 07:10

Core Insights - China Guoxin Service Holdings Limited has submitted an application for listing on the Hong Kong Stock Exchange, with Fosun International Capital as the exclusive sponsor [1] - The company, established in 2006, is a comprehensive property management and agency service provider in Guangdong and Hunan provinces, expanding its reach through the acquisition of Hunan Zhida Property Management [1] Company Overview - The company is the fourth largest market participant in the property management and agency services market in the Greater Bay Area, with a market share of 0.08% [1] - It ranks among the top 40 in the Greater Bay Area property management services market and the top 50 in Hunan province, with a market share of 0.06% [1] Financial Performance - The company has seen growth in the number of managed property projects, managed area, and contracted building area, leading to increased revenue [2] - Revenue for the years ending December 31 for 2022, 2023, and 2024 was approximately RMB 88.1 million, RMB 115.4 million, and RMB 196.0 million, respectively, reflecting a compound annual growth rate (CAGR) of about 49.1% from 2022 to 2024 [3] - Net profit for the same periods was approximately RMB 20.2 million, RMB 28.1 million, and RMB 39.0 million, with a CAGR of about 39.1% [3] Client Base - The controlling shareholder's group is the largest client of the company, contributing 100% of revenue in 2022, 99.4% in 2023, and 73.8% in 2024 [3] Future Developments - The company has contracted to manage a non-residential project with a government-affiliated agency in Hunan, covering over 15,000 square meters [4] - It has also signed memorandums of understanding with two independent third parties for property management services for commercial properties with estimated contracted areas of approximately 60,000 square meters and 264,000 square meters [4] - The establishment of Zhaoqing Xinzhu Meiju aims to provide interior decoration services for managed residential units, expanding the range of community value-added services [4]