新城悦服务2024年中期报告

INTERIM REPORT中 期 報 告2024 CONTENTS 2Corporate Profile4Corporate Information7Financial Summary10Management Discussion and Analysis22Other Information39Condensed Consolidated Statement of Comprehensive Income41Condensed Consolidated Statement of Financial Position43Condensed Consolidated Statement of Changes in Equity45Condensed Consolidated Statement of Cash Flows47Notes to the Condensed Consolidated Interim Financial Information CORPORATE PROFILE 悅28201034202411APP S - EnjoySer vice Group Co.,Limited(the“Company”or“We”,together with its subsidiaries, the “Group”) is a fast-growing providerof property management services in China. We have been providingpropertymanagement services in China for more than 28 years.According to China Index Academy (the “CIA”) statistics, for years in arow, we are among the top property services enterprises of a growingnature in China. In addition, according to the list of top 100 Chineseproperty management services enterprises announced by the CIA, ourranking moved up from the 34th in 2010 to 11th in 2024. We provideextensive property management services and value-added services forproperty developers as well as residents and tenants from the projectsmanagedby us.We have also developed a one-stop informationservices platform called Orange APP. Our residents and customers canenjoy the services we provide through their mobile devices. Based onour excellent services and enhanced market reputation, we have built aproperty services brand emphasizing quality and customers. OUR BUSINESS MODEL 2024630 For the six months ended 30 June 2024 (the “Reporting Period”), ourrevenue has been primarily derived from two business lines — propertymanagementservices and value-added services.Our value-addedservices cover two business categories comprising community-relatedvalue-added services and developer-related value-added services. PROPERTY MANAGEMENT SERVICES We provide an extensive range of property management services toresidents and tenants, including property and facilities maintenance,securityservices,maintenance and cleaning services,horticultureservices,public areas repair and maintenance and other propertymanagement related services. We manage diverse property portfolios,includingresidential and non-residential proper ties,from officebuildings, multi-purpose complexes and factories to parks and industrialzones. During the Reporting Period, the majority of our revenue camefrom providing property management services. CORPORATE PROFILE VALUE-ADDED SERVICES O u rv a l u e - a d d e d s e r v i ce s e n co m p a s s t w o t y p e s o f s e r v i ce s:communit y- relatedvalue -added ser vices and developer- relatedvalue-added services. •Co m m u n i t y - r e l a t e dv a l u e - a d d e d s e r v i c e s :W e p r o v i d evalue-addedservices to residents and customers,includingpublic resources management services, community engineeringservices,extensive decoration services,asset managementservices, catering services, facility and equipment managementand various other home living services. •Developer-relatedvalue-added services:We provide relevantservices to developers during the property development process.We mainly provide four types of services related to propertydevelopers, namely on-site sale assistance services, consultingser vices,house inspection ser vices and smar t communityservices. CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Qi Xiaoming(Chairman)Mr. Yang BoMs. Wu Qianqian Non-executive Directors Mr. Wang XiaosongMr. Lv XiaopingMr. Lu Zhongming Independent Non-executive Directors Ms. Zhang YanMr. Zhu WeiMr. Xu Xinmin JOINT COMPANY SECRETARIES Mr. You JianfengMs. Ng Sau Mei AUDIT COMMITTEE Ms. Zhang Yan(Chairman)Mr. Lu ZhongmingMr. Zhu Wei REMUNERATION COMMITTEE Mr. Zhu Wei(Chairman)Mr. Xu XinminMr. Qi Xiaoming NOMINATION COMMITTEE Mr. Xu Xinmin(Chairman)Ms. Zhang YanMr. Lv Xiaoping CORPORATE INFORMATION ENVIRONMENTAL, SOCIAL AND GOVERNANCECOMMITTEE Mr. Qi Xiaoming(Chairman)Mr. Yang BoMs. Wu Qianqian AUDITOR 22 PricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentral, Hong Kong LEGAL ADVISER 153232033207 Jingtian & Gongcheng LLPSuites 3203–3207, 32/F, Edinburgh TowerThe Landmark15 Queen’s Road CentralCentral, Hong Kong PRINCIPAL BANKERS 88-1 China Merchant Bank, Changzhou BranchTower 1No. 88, Tongjiang Road South, ChangzhouJiangsu, the PRC 14 Agricultural Bank of China, Changzhou Hutang BranchNo. 14, Renmin Road Central, HutangWujin, ChangzhouJiangsu, the PRC 43-6 China Construction Bank, Beijing Road West Branch of NanjingNo. 43–6, Beijing Road West, NanjingJiangsu, the PRC AUTHORIZED REPRESENTATIVES Mr. Qi XiaomingMs. Ng Sau Mei CORPORATE INFORMATION REGISTERED OFFICE IN CAYMAN ISLANDS Maples Corporate Services LimitedPO Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands Maples Corporate Services LimitedPO Box 309Ugland HouseGrand CaymanKY1-