IPO研究丨预计2029年中国物业管理服务市场总收入将达7103亿元

Company Overview - Hebei Lianji Technology Industry Development Co., Ltd. (Lianji Technology) has submitted a listing application to the Hong Kong Stock Exchange's GEM, with Chuangsheng Financing as the exclusive sponsor [2] - Lianji Technology specializes in comprehensive property management services for industrial parks, focusing on the Zhejiang province, particularly the Jinhua-Yiwu area, which is the largest small commodity market globally [2] Market Growth - The total revenue of China's property management services market is projected to grow from RMB 365.4 billion in 2020 to RMB 537.2 billion in 2024, with a compound annual growth rate (CAGR) of 10.1% [2] - By 2029, the total revenue is expected to reach RMB 710.3 billion, with a CAGR of 5.7% from 2024 to 2029 [2] Revenue Breakdown - In 2024, the revenue for residential property management services is expected to reach RMB 331.6 billion, while non-residential property management services are projected to generate RMB 205.6 billion [2] - The CAGR for residential and non-residential property management services from 2020 to 2024 is 9.6% and 10.9%, respectively [6] Future Outlook - The property management services market in China is anticipated to maintain stable growth driven by policy support, such as the "Opinions on Promoting High-Quality Urban Development," which emphasizes improving service quality and leveraging existing urban resources [3] - By 2029, the projected revenue for residential and non-residential property management services is expected to be RMB 425.2 billion and RMB 285.1 billion, respectively, with CAGRs of 5.1% and 6.8% from 2024 to 2029 [3]