Market+ (iPhone)

Market+ (Android)

US STOCKS

FUNDS

FX & CRYPTO

SH/SZ-HK

HK STOCKS

IPO Plus - IPO

To-be Listed

	Name▼ / Code▼	Industry	Offer Price	Lot Size	Entry Fee	Closing Date	Grey Market Date▼	Listing Date▲
	REFIRE 02570.HK	Electrical Components & Equipment	145-165	20	3,333	2024/12/03	2024/12/05	2024/12/06
	Dmall 02586.HK	Application Software	30.21	100	N/A	2024/12/03	2024/12/05	2024/12/06

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	Ernst & Young
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	[email protected]
Tel No	(86 28) 8512-0338
Fax No

SITEMAP

AASTOCKS.com

Members

Forgot Password

About Us

Email: [email protected]

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.