德信服务集团2023年报

CONTENTS Corporate InformationAwards and HonoursFinancial HighlightsChairman’s StatementManagement Discussion and AnalysisBiographical Details of Directors andSenior ManagementDirectors’ ReportCorporate Governance ReportIndependent Auditor’s ReportConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFinancial Summary25671127397999106107108109111180 Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Hu Yiping(Chairman)Mr. Tang JunjieMs. Zheng Peng Independent Non-executive Directors Mr. Rui MengMr. Yang XiDr. Wong Wing Kuen Albert AUDIT COMMITTEE Mr. Rui Meng(Chairman)Dr. Wong Wing Kuen AlbertMr. Yang Xi REMUNERATION COMMITTEE Dr. Wong Wing Kuen Albert(Chairman)Mr. Tang JunjieMr. Rui Meng NOMINATION COMMITTEE Mr. Hu Yiping(Chairman)Dr. Wong Wing Kuen AlbertMr. Rui Meng AUTHORISED REPRESENTATIVES Mr. Tang JunjieMs. Lin Sio Ngo COMPANY SECRETARY Ms. Lin Sio Ngo REGISTERED OFFICE Cricket SquareHutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands Cricket SquareHutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands HEADQUARTERS IN THE PRC Room 488, Building 2No. 2008–2010, Jinchang RoadLiangzhu StreetHangzhouZhejiang ProvincePRC 2008–20102488 PRINCIPAL PLACE OF BUSINESS INHONG KONG 24840 40th FloorDah Sing Financial CentreNo. 248 Queen’s Road EastWanchaiHong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DrivePO Box 2681Grand CaymanKY1-1111Cayman Islands HONG KONG SHARE REGISTRAR 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong Corporate Information LEGAL ADVISERS As to Hong Kong law: 826 Fangda Partners26/F, One Exchange Square8 Connaught PlaceCentral, Hong Kong As to Cayman Islands law: 829 Conyers Dill & Pearman29th FloorOne Exchange Square8 Connaught PlaceCentralHong Kong AUDITOR 3823 Zhonghui Anda CPA LimitedCertified Public Accountants and RegisteredPublic Interest Entity Auditor23/F, Tower 2, Enterprise Square Five, 38 Wang Chiu RoadKowloon BayHong Kong PRINCIPAL BANK Bank of Communications Co., Ltd.Industrial and Commercial Bank of China Limited 2215 STOCK CODE 2215 www.dexinfuwu.com COMPANY’S WEBSITEwww.dexinfuwu.com 2021715 DATE OF LISTING15 July 2021 Awards and Honours 2023 Top 100 PropertyService Enterprises withHigh-Quality ServiceCapability in China2023 2023 TOP 100 PropertyBrands of InfluentialEnterprises in China2023 2023 MarketingOperational Leading Brandof China Property ServiceCompanies2023 2023 TOP 100 PropertyManagement Companiesin China2023 2023 Hangzhou TOP 10Brands of Property ServiceEnterprises for the PublicBuilding Property2023 2023 Hangzhou TOP 10Brands of Property ServiceEnterprises for theResidential Property2023 2023 Leading PropertyManagement Enterprisesin East China2023 2023 Excellent Brand ofCommercial PropertyServices in China2023 Chairman’s Statement Dear shareholders, 20231231 Onbehalf of the Board,I hereby present the results report of theGroupfor the year ended 31 December 2023(the“ReportingPeriod”). 2023 The year 2023 is destined to be an unforgettable year that witnessedeconomic adjustment, cyclic fluctuation in the real estate industry andunprecedented challenges in the property management industry. At thesametime,along with the opening up of the pandemic andconsumption recovery, people’s desire for residential safety and pursuitof a better life became increasingly strong. Throughout the year, weencountered numerous ordinary but spectacular incidents, thanks to thesilent contributions of property practitioners. No matter how the industry has changed, the Group still adhered toouroriginal aspiration of customer first.We followed the route ofindependent development and strived to overcome cyclical fluctuation.Through organisational innovation, operational efficiency improvement,service-centric and external expansion, the Group sought developmentamid stability and achieved breakthroughs amid development. 1942023955.62022202322 As the official cooperative supplier of the 19th Asian Games and the4th Asian Para Games, the Group was honoured to participate in thesuccessful event hosting of the Asian Games venues and was awardedthehigh-quality service certificate by the Asian Games OrganisingCommittee.In 2023,the Group’s revenue amounted to RMB955.6million, which remained unchanged as compared to 2022. Thanks toour stable performance and officially recognised high-quality services,theGroup ranked the 22nd among the“Top 100 PropertyManagement Service Companies in the PRC in 2023” as awarded byChinaIndex Academy and maintain