Core views:

On August 25, 2021, Kangqiao YueLife (2205.HK) released its 2021 interim results report. The company adheres to a steady development path, continues to expand its scale, optimize its business structure, and achieve steady growth in scale and performance.

Judging from some typical data:

In the first half of the year, Kangqiao Yue Life achieved revenue of about 397 million yuan, an increase of 82.6% over the same period last year. At the end of the reporting period, the contract area of the enterprise was about 44.4 million square meters, an increase of 32.1% over the previous year, and the area under management was about 1990 million square meters, an increase of 50.1% over the previous year. In the first half of 2021, the non-residential business managed an area of about 2.4 million square meters, an increase of 228.4% over the previous year, and all came from third parties. Kangqiao Yuet Life Contract has a management ratio of 2.23, ranking first in the sector.