According to the monitoring conducted by the China Index Institute on the market expansion information of property service companies in China, by May 2025, the TOP 50 companies added a contract area of approximately 54.14 million square meters, indicating continuous expansion of leading companies. The average new contract area is 1.08 million square meters. Among them, CHINA RES MIXC, Shanghai Yongsheng Property Management Co., Ltd., and Jiangsu Galaxy Property Management Co., Ltd. have rapidly expanded in scale, with new contract areas exceeding 3.5 million square meters.

In addition, by May 2025, the TOP 50 companies undertook a total related area of approximately 16.96 million square meters. The average new related managed area of the TOP 50 companies reached 0.34 million square meters, with a conversion area threshold of 0.3 million square meters for the TOP 10 companies.

Analysis of third-party market expansion of property service companies in May 2025.

In May 2025, the TOP 50 property service companies expanded a total area in the third-party market of 39.91 million square meters, with an average of 0.8 million square meters. The top two companies ranked are Shanghai Yongsheng Property Management Co., Ltd. and Jiangsu Galaxy Property Management Co., Ltd., with third-party market expansion areas of 5.79 million square meters and 3.88 million square meters respectively.

In terms of layers, the average area of third-party market expansion for the top 10 enterprises is 2.28 million square meters, while the average area for enterprises ranked 11th to 30th is 0.64 million square meters.

Analysis of the area contracted by property service companies in relation to their associated parties in May 2025.

As China's "guaranteeing housing delivery" work continues to progress steadily, results are becoming evident. The sales area of associated parties for property service companies generally converts into contract areas for these property service companies, thus forming endogenous scale increments. The China Index Property Research analyzes the new sales area of commercial housing contracted by property service companies associated with development companies in May 2025.

Undertaking projects from brother companies is an important means for property management companies to expand their scale. Leading companies such as CHINA RES MIXC, POLY PPT SER, and Wanyun Technology Service Co., Ltd., with the support of their parent companies and associated parties, will add over 1 million square meters of managed area. Relying on the development of associated real estate companies, the stability of the property service companies' managed area growth is strongly guaranteed.

Top 10 bidding results for urban services in May 2025.

In May 2025, according to monitoring, Beijing CRC Huisheng Technology Service Co., Ltd. won the bid for cleaning and hygiene services at Lunan Bashu Middle School, with a notable contract amount of 6.16 million yuan. Deep Industry Property Operation Group Co., Ltd., POLY PPT SER, New Sun Moon Life Service Group Co., Ltd., and Great Wall Property Group Co., Ltd. have also made gains in the urban service sector.