Announcement • Jun 05
Evergrande Property Services Group Limited, Annual General Meeting, Jun 30, 2026 Evergrande Property Services Group Limited, Annual General Meeting, Jun 30, 2026, at 09:00 China Standard Time. Location: meeting room 1, 13th floor, guangzhou evergrande center, no.78 huangpu avenue west, tianhe district, guangdong province, guangzhou, China Buy Or Sell Opportunity • May 05
Now 21% undervalued Over the last 90 days, the stock has risen 35% to HK$1.54. The fair value is estimated to be HK$1.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has declined by 19%. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.52, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 10x in the Real Estate industry in Hong Kong. Total returns to shareholders of 105% over the past year. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.091 (vs CN¥0.094 in FY 2024) Full year 2025 results: EPS: CN¥0.091 (down from CN¥0.094 in FY 2024). Revenue: CN¥13.7b (up 7.2% from FY 2024). Net income: CN¥986.6m (down 3.4% from FY 2024). Profit margin: 7.2% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.33, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Real Estate industry in Hong Kong. Total returns to shareholders of 96% over the past year. Reported Earnings • Mar 28
Full year 2025 earnings released: EPS: CN¥0.09 (vs CN¥0.094 in FY 2024) Full year 2025 results: EPS: CN¥0.09 (down from CN¥0.094 in FY 2024). Revenue: CN¥13.7b (up 7.2% from FY 2024). Net income: CN¥986.6m (down 3.4% from FY 2024). Profit margin: 7.2% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Mar 17
Evergrande Property Services Group Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Evergrande Property Services Group Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Oct 04
First half 2025 earnings released: EPS: CN¥0.044 (vs CN¥0.046 in 1H 2024) First half 2025 results: EPS: CN¥0.044 (down from CN¥0.046 in 1H 2024). Revenue: CN¥6.65b (up 6.9% from 1H 2024). Net income: CN¥472.3m (down 5.6% from 1H 2024). Profit margin: 7.1% (down from 8.0% in 1H 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to HK$1.11, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 14x in the Real Estate industry in Hong Kong. Total returns to shareholders of 59% over the past year. Reported Earnings • Aug 31
First half 2025 earnings released: EPS: CN¥0.044 (vs CN¥0.046 in 1H 2024) First half 2025 results: EPS: CN¥0.044 (down from CN¥0.046 in 1H 2024). Revenue: CN¥6.65b (up 6.9% from 1H 2024). Net income: CN¥472.3m (down 5.6% from 1H 2024). Profit margin: 7.1% (down from 8.0% in 1H 2024). The decrease in margin was driven by higher expenses. Announcement • Aug 19
Evergrande Property Services Group Limited to Report First Half, 2025 Results on Aug 29, 2025 Evergrande Property Services Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 02
Evergrande Property Services Group Limited, Annual General Meeting, Jun 25, 2025 Evergrande Property Services Group Limited, Annual General Meeting, Jun 25, 2025, at 09:00 China Standard Time. Location: meeting room 1, 13th floor, guangzhou evergrande center, no.78 huangpu avenue west, tianhe district, guangdong province, guangzhou China Recent Insider Transactions • May 17
GM & Executive Director recently bought HK$155k worth of stock On the 15th of May, Chao Han bought around 210k shares on-market at roughly HK$0.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Chao's only on-market trade for the last 12 months. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.14 in FY 2023) Full year 2024 results: EPS: CN¥0.09 (down from CN¥0.14 in FY 2023). Revenue: CN¥12.8b (up 2.2% from FY 2023). Net income: CN¥1.02b (down 34% from FY 2023). Profit margin: 8.0% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Announcement • Mar 20
Evergrande Property Services Group Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Evergrande Property Services Group Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 41% After last week's 41% share price gain to HK$1.31, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 9x in the Real Estate industry in Hong Kong. Total loss to shareholders of 74% over the past three years. New Risk • Oct 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Volatile share price over the past 3 months Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Oct 02
First half 2024 earnings released: EPS: CN¥0.046 (vs CN¥0.072 in 1H 2023) First half 2024 results: EPS: CN¥0.046 (down from CN¥0.072 in 1H 2023). Revenue: CN¥6.22b (up 1.2% from 1H 2023). Net income: CN¥500.5m (down 36% from 1H 2023). Profit margin: 8.0% (down from 13% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • Aug 20
Evergrande Property Services Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Evergrande Property Services Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in FY 2022) Full year 2023 results: EPS: CN¥0.14 (up from CN¥0.13 in FY 2022). Revenue: CN¥12.5b (up 5.7% from FY 2022). Net income: CN¥1.54b (up 8.3% from FY 2022). Profit margin: 12% (in line with FY 2022). Announcement • Apr 26
Evergrande Property Services Group Limited, Annual General Meeting, May 17, 2024 Evergrande Property Services Group Limited, Annual General Meeting, May 17, 2024, at 09:00 China Standard Time. Location: Meeting Room 1, 13th Floor, Guangzhou Evergrande Center, No.78 Huangpu Avenue West, Tianhe District, Guangzhou Guangdong Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company (the "Directors") and the independent auditors of the Company for the year ended 31 December 2023; To authorise the board of Directors (the "Board") to fix the remuneration of the Directors; To re-appoint Prism Hong Kong and Shanghai Limited as the Auditors and authorise the Board to fix the Auditors' remuneration; and to consider other matters. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in FY 2022) Full year 2023 results: EPS: CN¥0.14 (up from CN¥0.13 in FY 2022). Revenue: CN¥12.5b (up 5.7% from FY 2022). Net income: CN¥1.54b (up 8.3% from FY 2022). Profit margin: 12% (in line with FY 2022). Announcement • Mar 23
Evergrande Property Services Group Limited Announces Company Secretary Changes Evergrande Property Services Group Limited announced that with effect from 22 March 2024, Mr. Fong Kar Chun, Jimmy has resigned as the company secretary of the Company and the authorised representatives of the Company. The Board also announces the appointment of Mr. Hu Xu and Mr. Cheng Ching Kit as the joint company secretaries of the Company, and the appointment of Mr. Cheng as the Authorised Representatives, with effect from 22 March 2024. Mr. Hu joined the Group in August 2010 and was appointed an executive director of the Company on 21 June 2023. Mr. Hu had served in various positions in the Group, including general manager of the legal and contract center of the Group's headquarter, and assistant to the general manager of the Group. Mr. Hu is currently a deputy general manager of the Group and director of the Board Office. Mr. Hu graduated from Huangshan University with a bachelor's degree in law in July 2009. Mr. Cheng is a deputy director of SWCS Corporate Services Group (Hong Kong) Limited, a professional corporate services provider, and has over 11 years of experience in the corporate secretarial field. Mr. Cheng is a member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. In addition, he holds a Bachelor of Commerce (Finance) degree from the University of Queensland in Australia and a Master of Laws (Chinese Law) degree from The University of Hong Kong. Mr. Cheng meets the qualification requirements for company secretary under Rules 3.28 of the Listing Rules. Announcement • Mar 16
Evergrande Property Services Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Evergrande Property Services Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Dec 01
China Evergrande Creditors Reportedly Seek Controlling Stakes in New Proposal A group of offshore creditors to China Evergrande Group (SEHK:3333) is demanding controlling equity stakes of the property developer as well as its two Hong Kong subsidiaries as part of discussions on the firm’s revamped restructuring proposal, according to people with knowledge of the matter. Their offer is the latest twist before a court hearing on December 4, 2023, when the distressed developer faces the risk of a liquidation order unless it submits a convincing restructuring plan. Creditors are requesting their debt be swapped for controlling stakes, the people said, after Evergrande proposed offering 17.8% of the parent and 30% of each of the subsidiaries — Evergrande Property Services Group Limited (SEHK:6666) and China Evergrande New Energy Vehicle Group Limited (SEHK:708). Announcement • Sep 28
Evergrande Property Services Group Limited Announces Change of Directors The board of directors of Evergrande Property Services Group Limited announced the following changes to the Directors of the Company: Mr. Dong Xinyi has been appointed as an independent non-executive Director, chairman of the remuneration committee of the Board and member of the audit committee and nomination committee, with effect from 27 September 2023. Mr. Dong Xinyi, aged 53, an economist with over 30 years of experience in investment banking, financial management and asset management. From September 1990 to November 1999, Mr. Dong worked at the Guangdong branch of Bank of China, holding various positions including deputy section chief of the risk management department. From December 1999 to December 2011, Mr. Dong worked at the Guangdong branch of China Orient Asset Management Co. Ltd., where he held different positions including senior manager of the market development department and risk management department. From January 2012 to February 2019, Mr. Dong worked at Dong Yin Development (Holdings) Limited, where he served as deputy managing director. Mr. Dong served as a visiting professor at the School of Economics and Statistics at Guangzhou University and has been a visiting professor at the School of Applied Economics at Guangdong Baiyun University since October 2020. Currently, Mr. Dong is an external director of Guangdong Provincial Port & Shipping Group Co. Ltd. and Guangdong Yuehai Capital Group Co. Ltd. Mr. Dong obtained a master's degree in software engineering from Huazhong University of Science and Technology in July 2010. Mr. Guo Zhaohui has resigned as an independent non-executive Director with effect from 27 September 2023 to pursue his other personal endeavours. Mr. Guo has confirmed to the Company that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Reported Earnings • Aug 25
First half 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.051 in 1H 2022) First half 2023 results: EPS: CN¥0.072 (up from CN¥0.051 in 1H 2022). Revenue: CN¥6.15b (up 6.2% from 1H 2022). Net income: CN¥781.3m (up 43% from 1H 2022). Profit margin: 13% (up from 9.4% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Hong Kong are expected to grow by 10%. Announcement • Aug 16
Evergrande Property Services Group Limited to Report First Half, 2023 Results on Aug 24, 2023 Evergrande Property Services Group Limited announced that they will report first half, 2023 results on Aug 24, 2023 New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.5% per year for the next 3 years Shares are highly illiquid. Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Minor Risks Negative equity (-CN¥1.5b). Board Change • Aug 03
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Zhaohui Guo is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Liaoyuan Peng was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jun 22
Evergrande Property Services Group Limited Announces Change of Directors Evergrande Property Services Group Limited announced that Mr. Han Chao has been appointed as an executive Director, a member of the remuneration committee of the Company and the general manager of the Group with effect from 21 June 2023. Mr. Han Chao, aged 34, is currently a deputy general manager of the Group. Mr. Han joined the Group in January 2015 and has served as assistant general manager of the project of Jinbi Property Guangzhou branch, deputy director of the quality management department, assistant general manager of the property management center and assistant general manager at the headquarters of the Group. Mr. Han obtained a bachelor's degree from Fudan University in the PRC in July 2011. Mr. Hu Xu has been appointed as an executive Director with effect from 21 June 2023. Mr. Hu Xu, aged 35, is currently a deputy general manager of the Group. Mr. Hu joined the Group in August 2010 and had served in various positions, including deputy manager of the human resources and administration department of the property management center, general manager of the legal and contract center of the headquarters of the Group, and assistant general manager at the headquarters of the Group. Mr. Hu obtained a bachelor's degree from Huangshan University in July 2009. He also holds a practicing qualification certificate for property enterprise managers. Mr. Hu has not been a director of any listed companies in the three years preceding the date of this announcement. Save as disclosed above, Mr. Hu has no relationship with any directors, senior management or substantial shareholders of the Company. Mr. Sang Quan has been appointed as a non-executive Director with effect from 21 June 2023. Mr. Sang Quan, aged 33, is currently a deputy general manager of the Pearl River Delta company of Evergrande Real Estate Group. Mr. Sang joined Evergrande Real Estate Group in July 2011 and had served in various positions, including project management engineer at the management and supervision center of Evergrande Real Estate Group, secretary to the executive vice president of human resources and administration center of Evergrande Real Estate Group, general manager of the Guangzhou Panyu project of the Pearl River Delta company of Evergrande Real Estate Group, and executive deputy general manager of the Guangdong company of Evergrande Automobile Industry Park Group. Mr. Sang obtained a bachelor's degree from Huazhong University of Science and Technology in July 2013. Mr. Lin Wuchang has been appointed as a non-executive Director with effect from 21 June 2023. Mr. Lin Wuchang, aged 47, is currently the engineering director of urban renewal company of the Shenzhen company of Evergrande Real Estate Group. Mr. Lin joined Evergrande Real Estate Group in January 2010 and had served in various positions, including manager of engineering department of the Guangdong company of Evergrande Real Estate Group, deputy manager and manager of various project engineering departments, engineering director of the urban renewal company, and deputy general manager of the Jiangmen project of the Shenzhen company of Evergrande Real Estate Group. Mr. Lin obtained a bachelor's degree from Chang'an University in July 2000. Mr. Hu Liang has resigned as an executive Director, a member of the remuneration committee of the Company and the general manager of the Group with effect from 21 June 2023 to pursue his other personal endeavours. Mr. Lu Peimei has resigned as an executive Director of the Company with effect from 21 June 2023 to pursue his other personal endeavours. Mr. Wang Zhen has resigned as an executive Director of the Company with effect from 21 June 2023 to pursue his other personal endeavours. Ms. Yu Fen has resigned as an executive Director and the chief financial officer of the Company with effect from 21 June 2023 to pursue her other personal endeavours. Announcement • May 25
Evergrande Property Services Group Limited to Report Fiscal Year 2022 Results on Jun 05, 2023 Evergrande Property Services Group Limited announced that they will report fiscal year 2022 results on Jun 05, 2023 Announcement • May 27
Evergrande Property Services Group Limited(SEHK:6666) dropped from FTSE All-World Index (USD) Evergrande Property Services Group Limited(SEHK:6666) dropped from FTSE All-World Index (USD) Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 27% share price gain to HK$2.30, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Total loss to shareholders of 85% over the past year. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 20% share price decline to HK$1.93, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Total loss to shareholders of 87% over the past year. Announcement • Feb 10
Evergrande Property Services Group Limited Announces Management Changes Evergrande Property Services Group Limited announced that with effect from 9 February 2022, Mr. Peng Liaoyuan has been appointed as an independent non-executive Director; and Mr. Chan Chun Hung, Vincent has resigned as an independent non-executive Director. Mr. Peng Liaoyuan is a practicing lawyer in the People's Republic of China. Mr. Peng was appointed as an external director of Guangzhou Radio Group Co. Ltd. Guangdong Rising Holding Group Co. Ltd. and Guangzhou Pearl River Enterprises Group Ltd. in December 2017, July 2019 and December 2019, respectively. The Board announces the resignation of Mr. Chan Chun Hung, Vincent ("Mr. Chan") as an independent non-executive Director with effect from 9 February 2022 in order to devote more time on his other personal endeavours. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$2.83, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Total loss to shareholders of 66% over the past year. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$3.57, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Total loss to shareholders of 59% over the past year. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to HK$3.98, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Board Change • Oct 21
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Deputy GM & Executive Director Lihong An is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Victor Huang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 19% share price gain to HK$5.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorated over the past week After last week's 20% share price decline to HK$4.63, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Real Estate industry in Hong Kong. Reported Earnings • Sep 03
First half 2021 earnings released: EPS CN¥0.18 (vs CN¥0.12 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: CN¥7.87b (up 73% from 1H 2020). Net income: CN¥1.94b (up 69% from 1H 2020). Profit margin: 25% (in line with 1H 2020). Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 35% share price gain to CN¥6.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 6x in the Real Estate industry in Hong Kong. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥5.38, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Announcement • Jul 20
Evergrande Property Services Group Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021 Evergrande Property Services Group Limited provided earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to increase substantially by approximately 70% as compared with the same period last year. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥7.69, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 5x in the Real Estate industry in Hong Kong. Recent Insider Transactions • Jun 26
Independent Non-Executive Director recently bought HK$178k worth of stock On the 22nd of June, Victor Huang bought around 20k shares on-market at roughly HK$8.92 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorated over the past week After last week's 24% share price decline to CN¥9.78, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 6x in the Real Estate industry in Hong Kong. Reported Earnings • Apr 30
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.093 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.5b (up 43% from FY 2019). Net income: CN¥2.65b (up 185% from FY 2019). Profit margin: 25% (up from 13% in FY 2019). Reported Earnings • Mar 17
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥93.02 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.5b (up 43% from FY 2019). Net income: CN¥2.65b (up 185% from FY 2019). Profit margin: 25% (up from 13% in FY 2019). The increase in margin was driven by higher revenue. Announcement • Mar 05
Evergrande Property Services Group Limited to Report Fiscal Year 2020 Results on Mar 16, 2021 Evergrande Property Services Group Limited announced that they will report fiscal year 2020 results on Mar 16, 2021 Announcement • Mar 04
Evergrande Property Services Group Limited Enters into New Property Contracts Evergrande Property Services Group Limited announced that In February 2021, through market development and acquisition, the Group has entered into new property contracts for area of 31,779,500 square meters, with area under management of 27,746,600 square meters, covering such rich business formats of residential properties, commercial properties, industrial parks, high-speed rail stations, subway stations, hospitals, schools, cultural and sports venues, etc. The Group also added 3 new urban public service projects. The aggregate contracted properties signed through market development and acquisition so far this year were 114,719,700 square meters, with area under management of 109,821,500 square meters, and 36 urban public service projects. After completion of the market development and acquisition projects as announced in this announcement, the contracted area of the Group will reach 679 million square meters, with area under management of approximately 413 million square meters. 
