Ya Life Smart City Service Co., Ltd. (“Ya Life” or “Company”, together with its subsidiaries, collectively referred to as the “Group”) is a mid-to-high-end nationalized comprehensive property management service provider, ranked in the top 2 of China's top 100 property service enterprises. With the corporate vision of “becoming an outstanding quality service operator in China”, the Group strives to provide high-quality, full-scenario services to owners, continuously extend its business to cover the entire industry chain, and actively innovate and explore the value-added service ecosystem. Currently, the Group has four major business lines of property management services, value-added services for owners, urban services and epitaxial value-added services. The scope of services covers 31 provinces, municipalities directly under the Central Government and autonomous regions across the country, and has established a balanced business layout covering residential, public buildings and commercial offices. As of December 31, 2023, the Group's total contracted construction area and total construction area under management have reached approximately 766.6 million square meters and 590.5 million square meters respectively. On February 9, 2018, the Group successfully spun off from Agile Group Holdings Limited (“Agile Holdings”, along with its subsidiary, “Agile Group”) and became the first property management company in the People's Republic of China (“China”) to officially split and list H shares.
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