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First Service Holding Limited, 02107.HK - Company Profile
Chairman	Zhang Peng
Share Issued (share)	1,000,000,000
Par Currency	U.S. Dollar
Par Value	2.0E-7
Industry	Property Management & Agency
Corporate Profile	Business Summary: The Group are principally engaged in the provision of property management services, services in the area of green living solutions and value-added services in the People’s Republic of China (the “PRC”). Performance for the year: Revenue for the year ended 31 December 2020 amounted to approximately RMB771.8 million, representing an increase of approximately 23.5% as compared with 2019.Profit attributable to equity shareholders of the company (excluding the effect of oneoff listing expenses) for the year ended 31 December 2020 amounted to approximately RMB112.6 million, representing an increase of approximately 44.4% as compared with 2019. Business Review Property Management Services the Group's property management services consist of cleaning, security, gardening and repair and maintenance services provided to property developers, property owners and residents. For the year ended 31 December 2020, the Group's revenue from property management services amounted to approximately RMB321.6 million, representing an increase of 17.9% compared with the same period in 2019. Such increase was primarily due to the growth of both GFA under management and total number of projects. As of 31 December 2020, the Group's contracted GFA amounted to approximately 37.3 million sq. m. sourced from 232 contracted projects, among which 131 contracted projects amounted to approximately 19.1 million sq. m. were already under the Group's management. Green Living Solutions the Group provide green living solutions to property developers, property owners and residents, comprising (i) energy operation services, where the Group operate energy stations to provide central heating and cooling as an alternative to government-operated centralized heating systems; (ii) green technology consulting and systems installation services, where the Group design and install energy systems and energy stations to enhance indoor comfort; and (iii) sales of the Group's selfdeveloped AIRDINO systems, which singly combine fresh air ventilation, air conditioning, purification and humidification control capabilities and offer an efficient alternative to the purchase and installation of multiple devices. Value-added Services the Group primarily provide five types of value-added services to non-property owners, property owners and residents, namely (i) sales assistance services, (ii) parking space management services, (iii) home living services, (iv) communal area leasing services, and (v) preliminary planning and design consultancy services. Prospects: • Established Property Management Service Provider with Growth Potential • In-depth Know-how and Design and Consultation Capabilities • High Customer Satisfaction, Achieved by Offering Enhanced Customer Experiences and Quality Services through a Standardized Management System • Significant Growth Opportunities Underpinned by the group’s Independent Business Development Capabilities and Brought about by the Support of Modern Land Group • Seasoned Management Team Supported by the group’s Talent Pool

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