Group 1 - The core viewpoint of the article is that Xing Sheng Commercial (06668.HK) reported its interim results for the first half of 2025, showing a revenue of approximately RMB 284 million and a gross profit margin of about 52.3%, which is an increase of approximately 0.7 percentage points year-on-year [1] - The company reported a profit attributable to owners of approximately RMB 87 million and proposed an interim dividend of 5.0 Hong Kong cents per ordinary share [1] - As of June 30, 2025, the company had short-term bank deposits and cash and cash equivalents amounting to approximately RMB 1.368 billion [1] Group 2 - The company is a leading commercial property operation service provider in the Greater Bay Area with a nationwide presence [1] - As of June 30, 2025, the company provided services to 52 commercial property projects across 21 cities in China, with a total contracted gross floor area of approximately 2.65 million square meters (excluding 8 consulting service projects) [1] - Approximately 45.8% of the properties serviced are developed or owned by independent third parties, and there are 27 operational retail commercial properties with a total operational area of approximately 165,000 square meters [1]