Core Points - The total amount of 9.419 million yuan will be distributed to 872 homeowners in Chengdu's Jin Niu District as a "red envelope" refund from the property management fees that were not fully utilized [1][3] - The refund process has already begun, with over half of the homeowners completing their registration [1][3] Group 1 - The 9.419 million yuan refund originates from the surplus of property management fees collected since the community's completion in 2017, with annual income from property and parking fees nearing 100 million yuan [3][4] - The property management operates on a commission-based model, where 10% of the collected fees are retained as commission, while the remainder is allocated for service expenses [3][4] - The establishment of the homeowners' committee in late 2023 and the implementation of the "double transparency" system in Chengdu have facilitated the demand for financial transparency from the property management [4][6] Group 2 - Homeowners have expressed satisfaction with the refunds, with some receiving amounts equivalent to their annual property and parking fees [2][4] - The "double transparency" system requires property management companies to publicly disclose their financial activities, which has led to increased accountability and responsiveness to homeowner concerns [10][12] - Other cities, including Jinan, Nantong, and Kunming, have also initiated similar refund programs, indicating a growing trend in property management practices across China [12][13] Group 3 - The distribution of refunds is seen as a victory for the commission-based model, emphasizing that surplus property fees belong to all homeowners [12][13] - Experts caution that while immediate financial returns are appealing, they may lead to future challenges, such as increased resistance to future fee hikes or maintenance costs [13] - The ultimate goal should be to create a sustainable community asset management strategy rather than focusing solely on annual refunds [13]

Core Viewpoint - The article discusses the distribution of a total of 9.419 million yuan to 872 homeowners in Chengdu's Poly Lianghe Forest community, which is derived from unspent property management fees, highlighting a growing trend of cash dividends being returned to homeowners from property management revenues across various cities in China [1][2][15]. Group 1: Financial Distribution - The total amount of 9.419 million yuan will be distributed to homeowners as a form of shared profit, stemming from unspent property management fees that were previously held by the property management company [1][4]. - Homeowners have already begun the refund registration process, with over half having completed it, and funds will be transferred to their bank accounts within ten working days after registration ends [1][11]. - Homeowners like He Bo received over 6,400 yuan, equivalent to a year's worth of property and parking fees, showcasing the financial impact of this distribution [3][11]. Group 2: Property Management Context - The property management service for the community is provided by Poly Property, which operates on a commission-based model, retaining 10% of the collected fees while the remainder is allocated to service expenses [4]. - Since the community's establishment in 2017, the annual income from property and parking fees has approached 10 million yuan, leading to a significant surplus due to low initial occupancy rates and effective financial management [4][6]. Group 3: Governance and Transparency - The establishment of the homeowners' committee in late 2023 was pivotal in addressing previous issues with property management, including dissatisfaction with services and transparency [6][8]. - The "Double Disclosure" system implemented by Chengdu's housing authority mandates property management companies to publicly disclose financial details, which facilitated the homeowners' committee in verifying the surplus funds [6][8][13]. - The homeowners' committee's efforts to demand transparency and accountability from the property management company were crucial in securing the return of the surplus funds [8][13]. Group 4: Broader Trends and Implications - The trend of returning property management surplus to homeowners is not isolated to Chengdu, with similar initiatives reported in cities like Jinan, Nantong, and Kunming, indicating a nationwide movement towards financial transparency and homeowner benefits [2][15]. - Experts warn that while returning surplus funds can provide immediate benefits, it may create expectations for future distributions, potentially leading to dissatisfaction if costs rise and funds are not available for distribution in subsequent years [15][16].

Core Viewpoint - The article discusses the distribution of a total of 9.419 million yuan to 872 homeowners in Chengdu's Jin Niu District from unspent property management fees, highlighting a trend of property management companies returning surplus funds to residents across various cities in China [2][3][12]. Group 1: Financial Details - The total amount of 9.419 million yuan is derived from the surplus of property management fees that were not utilized since the community's establishment in 2017 [3][4]. - Homeowners are expected to receive an average of over 6,400 yuan each, which corresponds to approximately one year's worth of property and parking fees [3][9]. - The property management fees collected annually from the community are close to 10 million yuan, with a significant portion being accumulated due to low initial occupancy rates and effective financial management [3][4]. Group 2: Community Management and Governance - The homeowners' committee was established in late 2023, which enabled residents to demand transparency and accountability from the property management company [4][10]. - The "Double Disclosure" system implemented by Chengdu's housing authority requires property management companies to publicly disclose their financial activities, enhancing transparency and community engagement [4][10][12]. - The homeowners' committee utilized the "Double Disclosure" framework to verify the financial records and confirm the surplus funds amounting to 9.419 million yuan [8][10]. Group 3: Broader Industry Trends - The trend of returning surplus funds to homeowners is not isolated to Chengdu; other cities like Jinan, Nantong, and Kunming have also initiated similar cash distributions from property management revenues [12][14]. - The practice reflects a shift towards a remuneration system where property management fees' surplus is recognized as belonging to all homeowners, promoting a more equitable distribution of community resources [12][14]. - Experts caution that while returning funds may provide immediate satisfaction, it could lead to future financial challenges if homeowners develop an expectation for annual distributions, potentially complicating future property fee adjustments [14].