According to the announcement released by A-living services (03319), as of the date of this announcement, Zheng'an Town People's Government, Liuji Town People's Government, Yaojia Town People's Government, and Guanghui Street Office all owe the company some property management fees due to the company's services.

On July 22, 2024, the company and Yajule Holdings (the controlling shareholder of the company) indirect wholly-owned subsidiary, Zhengzhou Yahong, signed an agreement with Zheng'an Town People's Government, Liuji Town People's Government, Yaojia Town People's Government, and Guanghui Street The relevant agreement will allow the company and Zhengzhou Yahong to borrow a loan according to the separately signed loan agreement. The company and Zhengzhou Yahong will provide loans according to the total amount of the loan stated in each agreement, which is equal to the unpaid property management fees owed by the group to Zheng'an Town People's Government, Liuji Town People's Government, Yaojia Town People's Government, and Guanghui Street Office, and the total amount owed respectively by them to the company. Under the agreement, the company will instruct Zheng'an Town People's Government, Liuji Town People's Government, Yaojia Town People's Government, and Guanghui Street Office to pay the unpaid property management fees owed to the company to Zhengzhou Yahong, and this amount will be regarded as a loan. Zhengzhou Yahong will instruct Zheng'an Town People's Government, Liuji Town People's Government, Yaojia Town People's Government, and Guanghui Street Office to pay the corresponding amount of unpaid property management fees, which is equal to the total amount of the loan, to the Zhongmu County Taxation Bureau of China, in order to pay several taxes owed by Zhengzhou Yahong to the Zhongmu County Taxation Bureau of China.

At the same time as signing the agreement, the company, Zhengzhou Yahong, and Tengchong Yajule signed a loan agreement, which contains the terms and arrangements related to the loan between the company and Zhengzhou Yahong.

The announcement stated that more than 95% of the unpaid property management fees have been overdue for more than one year. This agreement provides a feasible solution for the company to recover its receivables.