US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
 
 
 
 
 
To-be Listed
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
S.F. Holding
06936.HK
Air Freight & Logistics 32.3-36.3 200 N/A 2024/11/22 2024/11/26 2024/11/27
Jiuyuan Gene
02566.HK
Biotechnology - Medical Devices 11.48-12.56 200 N/A 2024/11/25 2024/11/27 2024/11/28
Mokingran
02585.HK
Watch & Jewellery 12-14.4 200 N/A 2024/11/26 2024/11/28 2024/11/29
Summary
We are an urban operation service provider in China and a key market player offering integrated property management services in the Greater Bay Area. In November 2020, we acquired GZMEE and GZMPM from GZ Metro, which is our strategic investor, and thereby became a comprehensive property management service provider with metro environmental engineering maintenance and metro property management and operation capabilities.

With nearly 30 years of industry exposure, we consider ourselves as an early mover in the property management sector in China. As a service provider which received first-class property management qualification at state level, we also participated in the revision of the property management service guidelines of Guangzhou, Guangdong Province and China. Our influence in the industry is further evidenced by our titles as the standing director institution of the China Property Management Association (中國物業管理協會), the vice president institution of the Guangdong Property Management Industry Association (廣東省物業管理行業協會), and the president institution of the Guangzhou Property Management Industry Association (廣州市物 業管理行業協會).

As of December 31, 2020, we had 215 properties under management, representing a total GFA under management of 32.6 million sq.m., among which 96.1% was attributed to properties located in first-tier, new first-tier and second-tier cities. According to CIA, we ranked 16th among the Top 100 Property Management Companies of 2021 in terms of overall strength; and our market share in terms of GFA under management in 2020 ranked seventh among the Top 100 Property Management Companies providing commercial operations services.

“Diverse property profile”, “diverse customer base” and “diverse service offerings” are three integral elements of our identity as an urban operation service provider. Integrating space, business and people in the properties we manage, our vision is to create maximum value from a collective whole.

‧ Diverse property profile: We provide services to various types of properties, including residential properties, metro lines and metro stations, metro depots, office buildings, shopping malls, wholesale markets, exhibition centers, city halls, industrial parks and other urban facilities.

‧ Diverse customer base: We regard all people who live, shop, work and stay in the properties under our management as our valued customers.

‧ Diverse service offerings: As a property management service provider, we step beyond the scenarios of traditional property management services and provide comprehensive urban operation solutions for customers from all walks of life.

We offer non-commercial property management and value-added services and commercial property management and operational services. In 2020, we generated revenue of RMB1,168.0 million, of which 69.4% was derived from non-commercial property management and value-added services and 30.6% was derived from commercial property management and operational services.

In terms of non-commercial property management and value-added services, we are committed to providing comprehensive services that are second to none through our “Yue Plus (越+)” service brand. By reacting nimbly to the changing preferences of property owners and other customers as we serve them along the property management value chain, we help realize their aspiration for a more enjoyable urban life. Our non-commercial property management and value-added services consist of (i) property management services; (ii) value-added services to non-property owners; and (iii) community value-added services.

We have a twenty-year track record in managing and operating commercial properties. Our business mix of asset management, operation management and property management services, together with our ability to advise clients on preliminary planning, design, tenant sourcing and render other value-added services, enable us to become one of the few integrated property management and operational service providers in the market. Our commercial property management and operational services consist of (i) commercial operation and management services; and (ii) market positioning consultancy and tenant sourcing services.

Our financial performance was consistently strong during the Track Record Period in spite of the COVID-19 headwinds. Total revenue increased from RMB762.8 million in 2018 to RMB896.3 million in 2019, and further to RMB1,168.0 million in 2020. Our net profit increased from RMB47.3 million in 2018 to RMB93.2 million in 2019, and further to RMB203.7 million in 2020.

Source: Yuexiu Services (06626) Prospectus (IPO Date : 2021/06/16)
Listing Market MAIN
Industry Property Service and Management
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders [00123] Yuexiu Property Company Limited (67.21%)
Guangzhou Metro Group Co., Ltd. (5.96%)
Directors Zhu Huisong (Chairman and Non-Executive Director)
Zhang Jin (Vice President and Executive Director)
Wang Jianhui (Chief Executive Officer and Executive Director)
Zhang Chenghao (Executive Director)
Yang Zhaoxuan (Non-Executive Director)
Zhang Jianguo (Non-Executive Director)
Hui Lai Kwan (Independent Non-Executive Director)
Hung Shing Ming (Independent Non-Executive Director)
Leung Yiu Man (Independent Non-Executive Director)
Company Secretary Yu Tat Fung
Principal Bankers Agricultural Bank of China Limited
China Construction Bank Corporation
China Everbright Bank
Bank of China (Hong Kong) Limited
Bank of Guangzhou
Solicitors King & Wood Mallesons
Auditors Ernst & Young
Registered Office 26th Floor, Yue Xiu Building 160 Lockhart Road Wanchai Hong Kong
Share Registrars Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No (852) 2980-1333
Internet Address http://www.yuexiuservices.com
Email Address ir@yuexiuproperty.com
Tel No (86 20) 6661-8188
Fax No
 
SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 6 January 2023.