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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 comprehensive property management service provider in the PRC, with a leading position in Henan Province. In our over 10 years history, we have been deeply rooted in Henan Province and have gradually expanded our business into key regions outside Henan, including Zhejiang Province, Jiangsu Province, Hubei Province, Hebei Province, Guangdong Province, Shandong Province and Shaanxi Province. We were awarded the Leading Brand of Property Management Services in Central China (中國華中區域物業服務領先品牌) in 2019 and 2020. According to CIA, we ranked second in terms of the GFA under management as of December 31, 2020 and third in terms of the revenue in 2020 among the Top 100 Property Management Companies headquartered in Henan Province. Among the Top 100 Property Management Companies in the PRC, we ranked 78th in terms of the GFA under management as of December 31, 2020 and 97th in terms of the revenue in 2020, according to CIA. As of December 31, 2020, we had 112 properties under management with an aggregate GFA under management of approximately 15.7 million sq.m., covering 17 cities in three provinces. As of the same date, we were contracted to manage 238 properties with an aggregate contracted GFA of 39.0 million sq.m., covering 28 cities in eight provinces. In addition, we have been recognized as one of the Top 100 Property Management Companies in China for six consecutive years since 2016 and ranked 37th among the 2021 Top 100 Property Management Companies in China in terms of overall strength according to CIA.

We provide a wide range of quality services for residential properties and non-residential properties such as commercial properties, office buildings, industrial parks and public properties. We have established a long-term cooperative relationship with Kangqiao Group, which lays the foundation for our continuous growth. We also possess strong business and market expansion capabilities as evidenced by our historical fast growth of properties under management developed by third-party property developers. We believe the relationship with Kangqiao Group, coupled with our ability to expand our project portfolio through engagement with third-party property developers or property owners attributed to our fast growth in terms of revenue and net profit during the Track Record Period. Our revenue increased by 58.5% from RMB228.9 million in 2018 to RMB362.8 million in 2019, and further by increased 58.6% to RMB575.6 million in 2020. Our net profit also grew by 177.1% from RMB21.7 million in 2018 to RMB60.1 million in 2019, and further increased by 52.6% to RMB91.8 million in 2020.

Source: Kangqiao Service (02205) 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 SONG Gewei (71.25%)
Directors SONG Gewei (Chairman and Non-Executive Director)
DAI Wei (President and Executive Director)
KANG Weiguo (Executive President and Executive Director)
WANG Na (Chief Financial Officer and Executive Director)
FAN Yun (Independent Non-Executive Director)
WONG, Yun Pun (Independent Non-Executive Director)
Kam Hou Yin, John (Independent Non-Executive Director)
Company Secretary WANG Na
Principal Bankers Bank Of China Bank
Solicitors Campbells
O Melveny & Myers LLP
Auditors PricewaterhouseCoopers
Registered Office 31st Floor, Tower Two, Times Square, 1 Matheson St, Causeway Bay, 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.kqysh.com.cn
Email Address [email protected]
Tel No
Fax No (86 371) 5562-8121
 
SITEMAP
Email: [email protected]
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