Everbright Grand China Achieved Revenue of RMB24.5 Million in 2025 1H

HONG KONG, Aug 22, 2025 – (ACN Newswire) –Everbright Grand China Assets Limited (“Everbright Grand China” or the “Group“; HKEX stock code: 03699. HK), a subsidiary of China Everbright Group, primarily taken part in business of home leasing, home management and the sales of homes held for sale, revealed its interim outcomes for the 6 months ended 30 June 2025 (“Reporting Period”.

Throughout the Reporting Period, earnings of the Group was roughly RMB24.5 million, representing a boost of around RMB0.6 million as compared to 2024. Revenue attributable to equity investors was around RMB10.1 million, representing a decline of around RMB1.3 million as compared to 2024, primarily attributable to the boost in the PRC earnings tax and postponed tax. Gross earnings was roughly RMB18.1 million, representing a boost of roughly RMB0.6 million as compared to 2024. Fundamental incomes per share of the Group was around RMB2.30 cents (2024: RMB2.59 cents). The Board stated an interim dividend of RMB0.73 cents (comparable to HK0.80 cents) per normal share.

Thinking about that the existing operating environment stays reasonably difficult, the Board stated an interim dividend of RMB0.73 cents (comparable to HK0.80 cents) per regular share, as a token of gratitude to investors for their constant assistance. In the 2nd half of the year, the Company will pick dividend circulation considering elements such as service advancement requires, monetary efficiency and capital position, along with efficiency development, in order to bring the very best go back to the Company’s investors and financiers.

In 2025, international financial environment continues to be defined by unpredictabilities. Elements such as geopolitical dangers, inflationary pressures and financial policy changes in significant economies around the globe continue to impact market self-confidence and capital circulations. The total stability of China’s economy, the progressive rebound of the customer market and the continued optimization and updating of the commercial structure have actually supplied a strong structure for the advancement of the residential or commercial property management and leasing market.

For the 6 months ended 30 June 2025, the Group created rental earnings of around RMB17.0 million (2024: RMB16.3 million), representing a boost of roughly RMB0.7 million as compared to the very same duration in 2015. The Company’s homes kept a tenancy rate of around 81%, with the general leasing market carrying out sturdily, although recently signed leas decreased compared to the previous duration. In the face of down pressure on leas, the Group will improve its combined earning power by including extra services to brand-new leases to reduce the effect of lower leas on general earnings. This not just enhances the service offerings, however likewise assists to boost consumer stickiness and fulfillment, additional combining the Group’s market competitiveness.

Throughout the duration, earnings from the home management services was roughly RMB7.5 million (2024: RMB7.6 million), representing a reduction of around RMB0.1 million as compared to the very same duration in 2015. In regards to residential or commercial property portfolio technique, the Group actively promotes renter diversity to reduce market threats and adjust to the sped up fluctuate of market environment of different markets. The Group’s existing residential or commercial properties are primarily focused in 2 core cities of Chengdu in Sichuan Province and Kunming in Yunnan Province, covering 3 business structures, particularly Everbright Financial Center, Everbright International Mansion and Ming Chang Building, with an overall gross flooring location of roughly 89,507 square meters. Gaining from its outstanding geographical place and sound residential or commercial property quality, it has actually brought in a great deal of state-owned business and big companies to relocate and has a strong leasing base. In the future, the Group will promote company diversity to boost its general risk-resistant ability.

In regards to abroad financial investment, the Group is assessing financial investment chances in global markets and is meticulously positive about abroad markets. Regardless of the volatility of the worldwide economy, the Group will comply with the concept of vigilance and versatility in its financial investment horizon to make sure the security and success of its capital operations.

As at 30 June 2025, The Group preserved money and bank balances and bank deposits of roughly RMB236.2 million (31 December 2024: RMB231.5 million). The Group’s tailoring ratio, being determined by the Group’s overall liabilities over its overall possessions, was 18.6% (31 December 2024: 18.0%). The Group’s liquidity position was well-managed.

Expecting the 2nd half of 2025, there are no brand-new home management jobs for the time being, regardless of beneficial lease efficiency in the very first half of the year. The Group is actively trying to find ideal financial investment windows for its acquisition and financial investment strategies which were postponed throughout the epidemic. With the active domestic economy and falling rates of interest, the marketplace’s determination to invest has actually increased substantially.

The Group will continue to deepen its digital improvement and actively use innovation to promote the building of smart homes and improve functional performance and consumer experience. Through technological empowerment, we enhance the allowance of personnels and service procedures, improve the level of intelligence and improvement of residential or commercial property management, and enhance general service quality and client complete satisfaction.

In addition, the Group will completely make use of the synergies with its moms and dad business, China Everbright Group, and take advantage of on the appeal of the “Everbright” brand name and its resource benefits to actively establish varied value-added services, improve its income structure and improve its brand name impact. In the face of market restructuring and updating, the Group demands steady operation, concentrates on danger management and internal control, reacts flexibly to modifications in the macro-economy and policies, and continues to enhance its property portfolio in order to improve its risk-resistant ability.

Subject: Press release summary