According to the announcement, the increase in revenue is mainly due to the growth of the Group's urban services. As of June 30, 2024, the Group has a total of 8 Urban Butler projects, with an annual service fee of approximately RMB 1.2 billion and a total contract value of over RMB 8 billion, firmly holding the position of the urban butler industry leader. In the future, the Group will continue to focus on Urban Butler projects and continuously expand the depth and breadth of this type of business.

During the period, the Group acquired 85% equity of Chengmei. As of June 30, 2024, Chengmei had a total of 38 city service projects, with a total contract value and estimated annual revenue of approximately RMB 2 billion and RMB 0.752 billion, respectively.

The company, BJ Ent Urban (03718), announced its mid-term performance in 2024, with revenue of approximately RMB 2.6878 billion, a year-on-year increase of about 20.2%. The net profit attributable to shareholders of the company was approximately RMB 0.1285 billion, a year-on-year decrease of about 24.5%. The basic and diluted earnings per share were approximately RMB 3.61, with a mid-term dividend of 1.2 Hong Kong cents per share.

As of June 30, 2024, the Group has a total of 8 Urban Butler projects, with an annual service fee of approximately RMB 1.2 billion and a total contract value of more than RMB 8 billion, firmly occupying the leading position in the urban butler industry. In the future, the Group will continue to focus on Urban Butler projects and continuously expand the depth and breadth of such businesses.