德信服务集团2025年中期报告

CONTENTS 25611273738394041Corporate InformationFinancial HighlightsChairman’s StatementManagement Discussion and AnalysisCorporate Governance and Other InformationCondensed Consolidated Statement ofProfit or Loss and Other Comprehensive IncomeCondensed Consolidated Statement ofFinancial PositionCondensed Consolidated Statement ofChanges in EquityCondensed Consolidated Statement ofCash FlowsNotes to the Condensed ConsolidatedFinancial Statements 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 202562520256252025625 Mr. Hu Yiping(Chairman)(ceased to act as chairman and member ofnomination committee with effect from 25 June 2025)Dr. Wong Wing Kuen Albert(Chairman)(appointed as chairman ofnomination committee with effect from 25 June 2025)Mr. Rui MengMs. Zheng Peng (appointed as member of nomination committee witheffect from 25 June 2025) 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 304, Building 1Yangfan Business Centre, Liangzhu StreetYuhang DistrictHangzhouZhejiang ProvincePRC 1304 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 PlaceCentralHong 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 WEBSITE www.dexinfuwu.com 2021715 DATE OF LISTING 15 July 2021 Financial Highlights Chairman’s Statement Dear shareholders, 2025630 On behalf of the Board, I hereby present the unaudited interim resultsof the Group for the six months ended 30 June 2025 (the “ReportingPeriod”). 2025—121930 Halfway through 2025, the industry wave is still surging. In the first halfofthe year,the property industry accelerated into a new phase of“quality and efficiency restructuring” amid the dual dynamics of policyadjustment and market: industry mergers and acquisitions have cooled,whileproject exits and a wave of residential fee reductions haveemerged; topics such as menu-based services and tiered pricing havesparked intense debate, and the value of industry’s framework is beingredefined. Dexin Services leverages its market-driven capabilities as thetargetand lean management as the backing,navigating throughchallenges with steadfast determination. During the Reporting Period,the Group’s core competitiveness stood out against the trend: we wereaccoladed the title of “TOP 100 Property Management Companies inChina” for 12th consecutive year, having moved up to the 19th place.Besides, we also won honors such as “TOP 100 Property ManagementCompanies in China in terms of Comprehensive Strength” and “Top 30Competitorsof Property Management Companies in Eastern China,”demonstrating the resilience and vitality of a modern service enterprisewith a steady performance. The Tide Surges from Qiantang to the Distant Sea,Demonstrating Resilience in the Face of Adversity ——5 TheGroup has always been committed to its strategic direction ofindependence, innovation, and upward growth, focusing on deepeningits presence in regional markets. It has developed strategies to increasethe number of projects in key cities and densify its market network. Inrecent years, we have continued to expand into high-quality second-hand residential projects, gradually forming a virtuous market expansionmodel of “Management Benchmark Demonstration — Local ReputationBuilding — Secondary Market Competition (——).” We are steadily promoting the transformationof our management scale toward “double excellence in both quality andeff