OUR MISSION 

We position ourselves as a property management service provider that promotes comfortable living through technological innovation. While catering to all stages of the property life cycle, we strive to provide customers with digitally connected, green and healthy living experiences in residential and non-residential properties.

OVERVIEW

We provide property management services and green living solutions that cover the full property life-cycle. Since the commencement of our business in 1999, we have pursued rapid expansion and financial success. China Index Academy has ranked us No. 31 among the 2020 Top 100 Property Management Companies in terms of overall strength, representing an upward improvement of 45 places from our ranking of No. 76 in 2015. In May 2020, China Index Academy also recognized us as one of the 2020 Top 100 Property Management Companies in terms of Service Quality (2020中國物業 服務百強服務質量領先企業). Furthermore, according to China Index Academy, we achieved year-on-year growth in terms of GFA under management of 29.6% from 2018 to 2019, higher than the year-on-year growth of GFA under management of 15.1% for the Top 100 Property Management Companies. As of April 30, 2020, we had contracted to provide property management services in 52 cities across 19 provinces and municipalities in China. 

We historically focused on enhancing quality of life within residential properties, which accounted for more than 95.0% of our total GFA under management as of April 30, 2020. During the Track Record Period, our GFA under management increased at a CAGR of 38.9% from 7.1 million sq.m. as of December 31, 2017 to 13.7 million sq.m. as of December 31, 2019, and further to 15.0 million sq.m. as of April 30, 2020. Our contracted GFA grew at a CAGR of 50.2% from 11.4 million sq.m. as of December 31, 2017 to 25.7 million sq.m. as of December31, 2019, and further to 27.0 million sq.m. as of April 30, 2020. Our revenue increased at a CAGR of 28.4% from RMB379.2 million in 2017 to RMB624.7 million in 2019, as compared to the average increase in CAGR of 18.4% for the 2019 Top 100 Property Management Companies over the same period. Our net profit increased at a CAGR of 41.6% from RMB41.8 million in 2017 to RMB83.9 million in 2019, as compared to the average increase in CAGR of 26.1% for the 2019 Top 100 Property Management Companies over the same period. Out of our total of 99 property management projects as of April 30, 2020, 33 were certified as “green buildings”, amounting to a total GFA under management of 6.7 million sq.m. and generating RMB75.7 million, or 33.6%, of our total revenue for the four months ended April 30, 2020. 

In addition to our property management services, we offer green living solutions that allow us to improve living conditions while upholding our commitment to environmental sustainability. They include energy operation services, where we operate energy stations to provide central heating and central cooling as an alternative to government-operated centralized heating systems. We also provide green technology consulting and systems installation services, where we design and install energy systems to enhance indoor comfort.