从"公共服务"向"区域运营" 生活在深圳的金楠（化名）平日里热爱冲浪、徒步，从2016年起他就经常会去东涌、西涌玩。 物业费限价、退盘潮四起、人工成本刚性上涨，物管行业在2025年经历了如此多的焦灼时刻。在存量时 代，面对这场深刻的调整，越来越多物企开始进行基因重塑，从"看家护院"逐步转向"经营资产"。 近来，多家头部物企多对外披露了业务拓展新战略。例如，深耕公共服务多年的保利物业提出"全域景 城"模式，探索升级"物业服务+文旅融合"，创造更多盈利模式；万物云则选择进军智慧物业，通过一套 技术体系推动不动产管理迈向"智控时代"，帮助业主降费提租；而碧桂园服务则深耕基础物业，并发力 老旧小区，突破重点难点。 中指研究院物业事业部研究副总监彭雨认为，上述三家物企分别代表了物业管理行业"向上""向深""向 下"的战略升维路径，也清晰地表明行业正在从同质化竞争进入基于企业自身核心能力的差异化发展深 水区。当前行业已经过了粗放增长期，通用型服务难以形成竞争力，未来的机会在于垂直领域的深度挖 掘，物业企业要做深做透服务，通过专业化、差异化的服务价值重构建立商业护城河。 物企正在通过专业化、差异化的服务重构建立商业护城河。 ...

Company Overview - Lujiazui International Trust Co., Ltd. is a trust institution controlled by Shanghai Lujiazui Financial Development Co., Ltd. with a registered capital of 10.4 billion RMB [3] - The company was established in October 2003 and underwent several restructuring phases, with significant capital increases approved by the China Banking Regulatory Commission over the years, culminating in a registered capital of 10.4 billion RMB as of August 2022 [3][4] Business Operations - The company primarily engages in trust and proprietary business, with trust business categorized into various types including financing trust, securities investment trust, and asset management trust [14][15] - The company aims to enhance its core competitiveness through a "four modernization" strategy focusing on specialization, diversification, branding, and distinctive features [12][13] Market Analysis - The overall economic performance in China is projected to achieve around 5% growth in 2024, with a "V" shaped recovery anticipated due to various supportive policies [17][18] - The company faces challenges such as significant existing risks in the trust industry and the need for business transformation amidst increasing competition from other financial institutions [19][20] Risk Management - The company emphasizes a comprehensive risk management framework that includes credit, market, liquidity, operational, legal, policy, and reputational risks [33][35] - Specific measures for managing credit risk include thorough credit investigations and strict adherence to internal review processes [45] Social Responsibility - The company actively participates in public welfare and charity initiatives, providing financial support for rural revitalization projects and promoting green finance [50][51] - It has established a dedicated charity trust department to enhance its charitable activities and investor education efforts [51][52] Consumer Protection - The company has implemented a comprehensive consumer protection framework, ensuring that consumer rights are integrated into its business operations [54] - It has developed a consumer protection management system and actively engages in financial education to enhance consumer awareness [53][54]