康桥悦生活2023 中期报告

Contents目錄 2Company Profile4Chairman’s Statement9Corporate Information13Financial Highlights15Management Discussion and Analysis30Corporate Governance/Other Information39Interim Condensed Consolidated Statement of Comprehensive Income41Interim Condensed Consolidated Balance Sheet43Interim Condensed Consolidated Statement of Changes in Equity45Interim Condensed Consolidated Statement of Cash Flows47Notes to the Interim Financial Information COMPANY PROFILE公司簡介 Kangqiao Service Group Limited (hereinafter referred to as“Kangqiao Service“or the “Company”, together with itssubsidiaries collectively referred to as the “Group”, stock code: 2205)was incorporated in the Cayman Islands as an exempted companywith limited liability on October 8, 2020, and was listed on the MainBoard of The Stock Exchange of Hong Kong Limited (the “StockExchange”) on July 16, 2021. 康橋悅生活本公司本集團220520201082021716聯交所 中國20236308312008TOP 100202327 With more than 10 years of hard work and dedication and based inCentral China, the Group is deeply cultivated in key regions of thecountry, and is a reputable comprehensive property managementservice provider in the People’s Republic of China (the “PRC”), with aleading position in Henan Province, the Group’s business covers avariety of property types, including residential property, non-residential property (such as commercial, office buildings, industrialparks, hospitals and other public infrastructure), and city services (suchas rail transit sanitation, city environmental sanitation and otherservices). All business areas are interconnected and market-orientedfor balanced development. As of June 30, 2023, the Group’s businesscontracts covered 31 cities in eight provinces, we have served millionsof property owners and have won more than 200 awards. We wereranked TOP 100 in China’s property industry for eight consecutiveyears, and ranked 27th among the Top 100 Property ServiceCompanies in terms of overall strength in 2023. “Creating a joyful life through Kangqiao’s considerate services()”. The Group insists on in-depth study on thedevelopment path of urban civilization, and takes “Joyful Service()” and “Intelligent Technology()” as its two core values.From service concept to supporting services, the Group focuses on allbusiness forms, all-age groups and all-service scenarios, covering thewhole life cycle of property development. With the combination ofmodern management with digital intelligence technology, the Groupfully demonstrates the new value in the era of large-scale propertiesby integrating social governance on the basis of community services. Based on the needs of urban cultural growth and the pain pointsof community facilities, the Group launched the “Four Seasons andOne Hall()” cultural activities in neighborhoods and the“Five Clubs()” community activities. Through subdividing groupsof people, the Group organizes community activities for all agegroups, from the elderly to children, from learning to health care andcaring about the needs of people, so that the neighborhood is notonly a physical space, but also a community of life and emotion. In the future, the Group will take the role as a better life and smartcity service provider to deeply participate in urban services, inject freshimpetus into new neighborhoods within cities and redefine thewonderful city life by capitalizing on smart technology! CHAIRMAN’S STATEMENT主席報告 Dear Shareholders, On behalf of the board (the “Board”) of directors (the “Directors”)of Kangqiao Service, I am pleased to present the interim results of theGroup for the six months ended June 30, 2023. 董事董事會2023630 We work together to overcome difficulties. In 2023, the real estateindustry is in a period of deep adjustment, and the recovery is not asexpected; some small and medium-sized real estate developers haveshrunk their business and cut costs to ensure their survival. Faced withchallenges of complex external situations, the Group stepped up itsinternal training, continued to improve its service, operation,organization, digital science and brand strength, and insisted on thetangibility of intangible services, namely, service standardization,standardized products, product branding and brand value. Thus, themain works carried out are as follows: 2023 Quality service-based, standard assessment togenerate income High-quality service is the foundation of the Group’s survival. Withthe planned scale expansion of the Group, the three product lines ofthe Company’s property services, namely, residential business,non-residential business and city services, have been formedrespectively, matching clear and definite hierarchical servicepositioning and service standards, laying a solid foundation for thestrategic layout planning of the Company. The industrial sectorfocuses on the asset operation and product premium of “bigowners”, solves the product planning and sales of their new houses,parking spaces and shops, and improves their product premium abilitythrough