Core Viewpoint - Country Garden Services has initiated a systematic organizational restructuring to enhance its core capabilities and clarify responsibilities, following the completion of its parent company's debt restructuring plan [1][2]. Organizational Restructuring - The company has consolidated its previous segments into two main business units: "Large Property Segment" and "Incubation Business Segment" [2][3]. - The restructuring aims to strengthen the existing property management base while fostering new growth engines through the Incubation Business Segment [2][3]. Management Changes - The company has undergone significant personnel changes, with Huang Peng resigning as CFO but continuing as Executive President, while Tian Tian has been appointed as the new CFO [4]. - The management structure has been clarified, allowing key executives to focus on their respective business areas [4]. Industry Context - The restructuring reflects a broader transformation within the property management industry, as companies seek to enhance their independent market operations and identify new growth opportunities amid a changing real estate landscape [5][6]. Financial Performance - In the first half of the year, Country Garden Services reported revenue of 23.185 billion yuan, a year-on-year increase of 10.2%, while net profit declined by 14.8% to approximately 1.568 billion yuan [7]. - The company managed a total area of approximately 106 million square meters across 8,108 properties, with a significant focus on first- and second-tier cities [7]. Business Development - The company is transitioning from traditional property management to a modern lifestyle service platform, with a focus on sectors such as alcohol, retail, and new energy [9]. - The introduction of the "Zero Resident" cleaning robot in various cities indicates the company's commitment to innovation and efficiency in service delivery [9].