Poly Property Services Co., Ltd. (the “Company”, “Company” or “Poly Property”, and its subsidiaries collectively referred to as the “Group” or “us”) is a leading comprehensive property management service operator with a central enterprise background in China. According to the China Index Research Institute's 2023 ranking of China's top 100 property service enterprises, the Group ranked third among the top 100 property service enterprises in China and ranked first in terms of service scale among property service companies with a central enterprise background. With excellent service and brand strength, it has won a good reputation in the industry, and the Group's brand value in 2023 is approximately RMB 24.1 billion. The Group has three main business segments, namely property management services, value-added services for non-owners and community value-added services, which form the comprehensive services we provide to customers and cover the property management value chain. The Group continues to advance the strategic layout of “big properties”, managing residential communities, commercial and office buildings, and public and other properties. As of December 31, 2023, the Group's total contract management project area was about 922.2 million square meters, and the total number of contract management projects was 3,069, spread across 209 cities in 29 provinces, municipalities directly under the Central Government and autonomous regions across the country. The total area of projects under management was about 719.6 million square meters, and the total number of projects under management was 2,465.
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