Jingrui Holdings Limited (stock code: 01862.HK) (“Jingrui” or the “Company”) is a leading residential property developer, asset management operator and professional service provider in China. Its business covers real estate development, building decoration, urban renewal, asset management, commercial operations and property management. The company was founded in Shanghai in 1993. With the mission of “building a wonderful life with heart”, after years of development and accumulation, the company was successfully listed on the main board of the Stock Exchange of Hong Kong Limited (“Stock Exchange”) in October 2013. Jingrui has five major business platforms: Youyi Asset Management, Jingrui Real Estate, Jingrui Real Estate, Jingrui Services, and Hefu Capital. With real estate asset management as its core business, it focuses on housing development, apartments, offices and other business formats in Tier 1 and 2 core cities and metropolitan areas to help the city live a better life and provide investors with end-to-end value-added services. By the end of 2022, the Group had deployed 24 cities in China and operated 112 projects, and won many honors such as “2022 Influential Real Estate Brand”, “2022 Urban Renewal Best Operator Award”, “2022 Outstanding Property Brand Enterprise”, “2022 China's Top 100 Property Service Enterprises with Comprehensive Strength”, and “China's Top 100 Property Service Enterprises in Quality and Value”. Jingrui clearly created a two-wheel drive business model guided by “customer value”. It is optimistic about real estate for the long term, with “light assets, refinement, and heavy operation” as the direction. It focuses on the three tracks of increment, inventory, and service. Resources focus on developing business, and inventory and services achieve capital-light operation. In the future, in the face of the macroeconomic situation and profound changes in the real estate industry, we will always adhere to the corporate mission of “building a wonderful life with heart”, and use debt as a starting point to catalyze asset-light businesses through quality improvement and operational capacity construction to achieve quality development. Never forget the original intention, pursue excellence, and strive to become “the asset management leader who knows the most about construction and life.”
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