时代邻里2025年中报

2Corporate Information6Financial Highlights8Management Discussion andAnalysis37Corporate Governance and OtherInformation43Interim Condensed ConsolidatedStatement of Profit or Loss 44Interim Condensed ConsolidatedStatement of ComprehensiveIncome45Interim Condensed ConsolidatedStatement of Financial Position47Interim Condensed ConsolidatedStatement of Changes in Equity48Interim Condensed ConsolidatedStatement of Cash Flows52Notes to Interim CondensedConsolidated Financial Information 目 錄CONTENTS 公 司 資 料CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Ms. Wang MengMs. Xie RaoMs. Zhou Rui Non-executive Directors Mr. Shum Chiu Hung(Chairman)Mr. Bai Xihong(Vice Chairman)Mr. Li Qiang Independent Non-executive Directors Mr. Lui Shing Ming, BrianDr. Wong Kong TinDr. Chu Xiaoping AUDIT COMMITTEE Mr. Lui Shing Ming, Brian(Chairman)Mr. Shum Chiu HungDr. Wong Kong Tin REMUNERATION COMMITTEE Dr. Wong Kong Tin(Chairman)Mr. Shum Chiu HungDr. Chu Xiaoping NOMINATION COMMITTEE 202532720253272025327 Dr. Chu Xiaoping(Chairman) (re-designated as the chairmanon 27 March 2025)Ms. Wang Meng(appointed on 27 March 2025)Mr. Shum Chiu Hung(ceased on 27 March 2025)Mr. Lui Shing Ming, Brian ENVIRONMENTAL, SOCIAL ANDGOVERNANCE COMMITTEE Mr. Shum Chiu Hung(Chairman)Ms. Wang MengMs. Xie RaoMs. Zhou RuiMr. Lui Shing Ming, Brian COMPANY SECRETARY Ms. Ng Sau Mei(FCG, HKFCG) (FCGHKFCG) AUTHORIZED REPRESENTATIVES Ms. Zhou RuiMs. Ng Sau Mei REGISTERED OFFICE 71 Fort StreetPO Box 500George TownGrand CaymanKY1-1106Cayman Islands 71 Fort StreetPO Box 500George TownGrand CaymanKY1-1106Cayman Islands HEADQUARTER AND REGISTERED OFFICEIN THE PEOPLE’S REPUBLIC OF CHINA (THE“PRC”) 1103, 11th Floor410 Dongfeng Middle RoadYuexiu District, GuangzhouGuangdong ProvincePRC 410111103 PRINCIPAL PLACE OF BUSINESS IN HONGKONG Suites 501-2, 5th FloorICBC TowerThree Garden RoadCentralHong Kong 35501-2 公 司 資 料CORPORATE INFORMATION PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMAN ISLANDS Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand CaymanKY1-1106Cayman Islands Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand CaymanKY1-1106Cayman Islands HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong LEGAL ADVISERS As to Hong Kong and U.S. laws: 839 Sidley Austin39th Floor, Two International Finance Centre8 Finance StreetCentralHong Kong As to Cayman Islands law: ApplebySuites 3504B-06, 35/FTwo Taikoo Place979 King’s Road, Quarry BayHong Kong Appleby979353504B-06 AUDITOR Grant Thornton Hong Kong LimitedHong Kong Certified Public AccountantsRegistered Public Interest Entity Auditor11/F, Lee Garden Two28 Yun Ping RoadCauseway Bay, Hong Kong 2811 PRINCIPAL BANKERS Industrial and Commercial Bank of China LimitedGuangzhou Yunshan BranchNo. 511, Yuncheng East RoadBaiyun District, Guangzhou CityGuangdong Province, PRC 511 China Merchants Bank Co., Ltd.Guangzhou BranchNo. 5 Huasui RoadTianhe District, Guangzhou CityGuangdong Province, PRC 5 Guangdong Huaxing Bank Co., Ltd.Foshan BranchNo. 57 Jihua 5th RoadChancheng District, Foshan CityGuangdong Province, PRC 57 STOCK CODE 9928 9928 COMPANY’S WEBSITE www.timesneighborhood.cn www.timesneighborhood.cn 管 理 層 討 論 與 分 析MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW Overview + As a leading and steadily growing modern service enterprise in China,Times Neighborhood Holdings Limited (the “Company” or “we” or“Times Neighborhood“, together with its subsidiaries, the “Group”)focuses on asset value management as its core business, leveragingdigital and intelligent technologies and applications to enhance servicecapabilities. It aims to build an outstanding “technology + service”platform that spans the entire lifecycle, continuously creating valuefor clients and society, and striving to fulfill its corporate mission of“enable more people to enjoy a better life”. In the first half of 2025, Times Neighborhood continued to build onits high-quality service foundation, earning numerous prestigiousaccolades in recognition of its technological development potential,exceptional service capabilities, and robust comprehensive strength,including“TOP 11 in the 2025 TOP 100 Property ManagementCompanies in China” (ranked among the top 11 for 4 consecutiveyears), “TOP 7 in the 2025 China Leading Property ManagementCompanies in terms of Service Quality”, “TOP 3 in the 2025 ChinaLeading Property Management Companies in term of Marketisation ofBusiness”, “2025 Leading Companies in China’s Property TechnologyEmpowerment”, “TOP 6 in the 2025 Outstanding Companies inResidential Property Management in China” issued by Beijing ChinaIndex Information Technology Academy. 2025TOP114TOP112025TOP72025TOP320252025TOP6 2025202510098.3202530TOP3 TimesNeighborhood,by leveraging its continuously enhancedte