Core Viewpoint - The company has undergone a restructuring for its listing and aims to focus on real estate-related industries, enhancing its core capabilities and service offerings throughout the lifecycle of its projects [2] Group 1: Financial Performance - In the first half of 2023, the company achieved revenue of 2 billion yuan, representing a year-on-year growth of 41%, placing it among the industry's top performers [2] - The company's core net profit attributable to shareholders reached 310 million yuan, a significant increase of 119%, with a gross margin of 30.8% [2] - The company declared an interim dividend of 0.15 Hong Kong dollars per share [2] Group 2: Business Segments - The company operates four core segments: development services, property management services, asset operation, and real estate technology [3] - In development services, the company generated revenue of 500 million yuan, focusing on urban development and securing four new third-party residential projects with a total contract value of 160 million yuan [3] - The property management segment, through its subsidiary, achieved revenue of 930 million yuan, a 9% increase, managing an area of 79.46 million square meters [3] - In asset operation, the company reported revenue of 230 million yuan, with a full occupancy rate of 91% across its self-owned projects [4] - The real estate technology segment generated revenue of 290 million yuan, providing integrated services focused on digitalization and sustainability [4] Group 3: Strategic Insights - The company has maintained a competitive dividend policy since its listing in 2018, distributing a total of approximately 9.57 billion Hong Kong dollars in dividends, with a cumulative dividend of 7.61 Hong Kong dollars per share [4] - The diversification into property management, industrial parks, and healthcare services offers broader growth opportunities amid a slowdown in residential sales [4]