CHINA OVERSEAS PROPERTY HOLDINGS LIMITED ANNOUNCES INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2025

CHINA OVERSEAS PROPERTY HOLDINGS LIMITED ANNOUNCES

 INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2025

Profit attributable to ordinary equity holders increased by 4.3%

An interim dividend of HK 9.0 cents per share for the six months ended 30 June 2025

China Overseas Property Holdings Limited (the “Company” or “COPL”, stock code: 2669.HK) is pleased to announce the interim results of the Company and its subsidiaries (collectively, the “Group”) for the six months ended 30 June 2025 on 25 August 2025.                             

In the first half of 2025, The Group had presence in a total of 163 cities, covering Hong Kong and Macau, with 2,301 property management projects and a service area of over 436.1 million sq.m.. We continued to diversify our property management portfolio, covering residential properties, commercial complexes, offices, shopping centers, hotels, logistic parks, industrial parks, hospitals, schools, government properties, roads and bridges, parks, ports, urban streets, transportation hubs and others. During the period, we secured high-quality new projects, with a key focus on non-residential business and urban services. Through providing high-quality and sophisticated services to the customers and maximising customer satisfaction, we strive to preserve and add value to the properties under our management and to solidify our strong brand recognition as a renowned property management service provider for mid- to high-end properties in our core stream business.

For the six months ended 30 June 2025, revenue increased by 3.7% to RMB7,089.5 million, comparing to revenue of RMB6,838.4 million in the last corresponding period.

PROPERTY MANAGEMENT SERVICES

In the first half of 2025, the GFA under management was 436.1 million sq.m., in which, the portion of GFA under management from independent third parties and from non-residential projects were 39.1% and 27.4% respectively.

VALUE-ADDED SERVICES TO RESIDENTS

In respect of value-added services to residents sub-segment, our services cover (i) community asset management services (such as rental assistance, agency and custody for real estate transactions, common area rental assistance, one-stop shop asset management services to the property owners and rental of self-owned properties); (ii) home living service operations (to meet the various needs of residents of the properties, including housing ecology, home improvement, new retail, home services, tourism and leisure, education and training, health and elderly care, automotive services, platform services, etc.); and (iii) commercial service operations (to meet the needs of business users). Both of the customers’ recognition of the Group’s traditional property management services, and diversification of our product offerings and marketing channels through services offered with our online-to-offline platform facilitates meeting the various needs of residents of the properties, which promotes the life style quality and satisfaction of our customers.

For the six months ended 30 June 2025, revenue from the residents sub-segment was  RMB608.0 million, where community asset management services brought more agency service fees sharing through second-hand real estate sales, leasing agency services and increased collaboration with real estate developers, which alleviated the decline in home living service operations.

VALUE-ADDED SERVICES TO NON-RESIDENTS

Value-added services to non-residents sub-segment cover engineering, vetting of building plans, facilities and equipment evaluation proposals, pre-delivery, move-in assistance, delivery inspection, engineering service quality monitoring and consulting services, etc. for property developers and other property management companies. For the six months ended 30 June 2025, revenue from the non-residents sub-segment was RMB857.8 million, where the repair and maintenance engineering services for large government projects in Hong Kong and Macau regions during the period increased.

CAR PARKING SPACES TRADING BUSINESS

Segment revenue from the car parking spaces trading business was RMB27.3 million.

The Group adopts prudent financial policies, with effective financial and cash management under centralised supervision, and maintains appropriate leverage with adequate cash balances. As at 30 June 2025, net working capital amounted to RMB4,922.5 million.

Looking back at October 2015, COPL officially listed on the Stock Exchange, becoming the first property management CSOE to be listed in Hong Kong. Time flies, we will celebrate the 10th anniversary of our listing on the Stock Exchange in the second half of this year. In the face of a complex and ever-changing external environment, COPL will actively adapt to changes, closely follow industry development trends, and proactively position ourselves for new markets and opportunities, leading the transformation and upgrading of the industry. We will accelerate the expansion of urban services, continually improve our project operation and management capabilities, speed up our digital transformation and smart property development and strengthen capacities for risk prevention and mitigation. By leveraging our unique advantages, we will enhance our core competitiveness and fortify our economic moat. We are committed to consistently meet the public's rising expectations for a better life and promptly respond to the evolving demands of society for property management services. Through these efforts, we aim to present a remarkable achievement for COPL's 10th listing anniversary.

Looking ahead, COPL will continue to endeavor along the road with the attitude of “Leading the Trend” to promote the transformation of traditional property management services into modernised services. We will realise the “COPMPM” through the path of “Technological Innovation and Cross-Sector Cooperation”, will present the value of modernized professionalism through the “Benchmark Projects as well as Value Preservation and Enhancement”, and will demonstrate the performance of modernised management through the“Talent Team and Corporate Culture”, so as to comprehensively promote the modernized development of ecological chain cooperation, service system, IT application, brand building, talent team, and basic management

About China Overseas Property Holdings Limited

China Overseas Property Holdings Limited is a subsidiary of China Overseas Holdings Limited under China State Construction Engineering Corporation and an avant-garde in the property management industry in China with first-class qualifications. COPL started its property management services in Hong Kong in 1986, and have gained over 30 years of cultivation in Hong Kong and Macau, COPL set foot in the Mainland China market in 1991. On 23 October 2015, COPL was listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 2669.HK).

For further information, please contact:

China Overseas Property Holdings Limited

Corporate Communication Department

Tel: (852) 2988 0600 | Email: copl.ir@cohl.com

Website: http://www.copl.com.hk