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To-be Listed (Grey Market Trading Session: 14:15-16:30)
Name
/
Code
Industry Listing Price Lot Size Entry Fee Phillip Grey Market Futu (HK) Grey Market
Minieye Tec
02431.HK
Grey Market Today
Application Software Pending 200 4,081
-
-
Detail Quote
Last update: 2024-12-23 12:30:04
Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
Xunfei Healthcare
02506.HK
Application Software 82.8 50 N/A 2024/12/23 2024/12/27 2024/12/30
InnoScience
02577.HK
Semiconductors & Semiconductor Equipment 30.86-33.66 100 3,400 2024/12/23 2024/12/27 2024/12/30
HealthyWay
02587.HK
Health Care Services 7.8-8.8 500 4,444 2024/12/23 2024/12/27 2024/12/30
Summary
We are a reputable property management company rooted in Sichuan Province with a well-established position in Western China and a presence across China. In 2020, we were ranked 55th among the Top 100 Property Management Companies in China in terms of Overall Strength (中國物業企業綜合實力百強) by EH Consulting. We were also ranked 12th among Western China Top 50 Property Management Service Enterprise (中國西部物業服務五十強) by China Index Academy (中國指數研究院) in 2020. As of December 31, 2020 we had been contracted to manage 234 properties with an aggregate contracted GFA of approximately 36.2 million sq.m., and had 174 properties with an aggregate GFA of approximately 20.2 million sq.m. under our management, covering 31 cities in nine provinces, one autonomous region and one municipality. As of the Latest Practicable Date, our aggregate contracted GFA and GFA under management reached approximately 37.7 million sq.m. and 20.7 million sq.m. In recognition of our service quality, we were recognized as one of 2020 Top 50 Model Chinese Property Management Companies for Customer Satisfaction (2020中國物業企業客戶滿意度模 範企業50強) and Top 50 Chinese Property Management Companies for Superior Service Capabilities (2020中國物企超級服務力五十強) by EH Consulting. We were also awarded China Top Five Property Management Companies in terms of Quality Benchmarking Community Service (中國物企優質社區標桿服務五強) by EH Consulting in 2020 and China Five-Star Property Management Projects (中國五星級物業服務項目) by China Index Academy (中國指數研究院) in 2020.

We achieved rapid growth during the Track Record Period. Our GFA under management increased from approximately 8.0 million sq.m. as of December 31, 2018 to approximately 14.2 million sq.m. as of December 31, 2019 and further to approximately 20.2 million sq.m. as of December 31, 2020. In line with the increase in our GFA under management, our revenue increased from RMB169.0 million for the year ended December 31, 2018 to RMB280.0 million for the year ended December 31, 2019, and further to RMB428.2 million for the year ended December 31, 2020, representing a CAGR of 59.2%. Our net profit increased from RMB14.1 million for the year ended December 31, 2018 to RMB35.4 million for the year ended December 31, 2019, and further to RMB70.3 million for the year ended December 31, 2020, representing a CAGR of 123.3%. Our rapid growth in net profit during the Track Record Period was primarily the result of (i) greater economies of scale achieved during our business expansion as the number of projects and total GFA under our management both increased during the Track record Period; and (ii) our continuous implementation of cost-saving measures.

Our market shares by total revenue in 2019 in the PRC property management industry and the Sichuan property management industry were approximately 0.035% and 0.49%, respectively, ranked 92nd and fifth among the 2020 Top 100 Property Management Companies in China and among the 2020 Top 100 Property Management Companies in China headquartered in Sichuan Province, respectively, according to EH Consulting. Our market shares by total GFA under management as of December 31, 2019 in the PRC property management industry and the Sichuan property management industry were approximately 0.067% and 1.12%, respectively, ranked 88th and fourth among the 2020 Top 100 Property Management Companies in China and among the 2020 Top 100 Property Management Companies in China headquartered in Sichuan Province, respectively, according to EH Consulting.

Source: Ling Yue Services Gp (02165) Prospectus (IPO Date : 2021/06/29)
Listing Market MAIN
Industry Property Service and Management
Background Others
Major Business Area N/A
Corporate Information
Substantial Shareholders Liu Haowei (24.14%)
Liu Yuhui (24.13%)
Liu Ce (24.13%)
Hai Yue Holding Limited (7.97%)
Directors Liu Yuqi (Chairman and Executive Director)
Luo Hongping (Chief Financial Officer and Executive Director)
Hou Sanli (Non-Executive Director)
Wang Tao (Non-Executive Director)
Luo Ying (Independent Non-Executive Director)
Zhang Qian (Independent Non-Executive Director)
Zou Dan (Independent Non-Executive Director)
Company Secretary Yan Hoi Ling Jovian
Principal Bankers Agricultural Bank of China Limited
Solicitors Sidley Austin
Auditors Shinewing (HK) CPA Limited
Registered Office 5th Floor, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address http://www.lingyue-service.com
Email Address lyfw@leading-group.cn
Tel No (86 28) 8512-0338
Fax No
 
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