Ya Life Smart City Service Co., Ltd. (“Ya Life” or the “Company”, together with its subsidiaries, collectively the “Group”) is a nationalized comprehensive property management service provider positioned in the middle to high-end, and is ranked as one of the top 100 property service enterprises in China by the Central Index Institute. With the corporate vision of “becoming an excellent quality service operator in China”, the Group is committed to providing high-quality, full-scenario services to owners. The business continues to expand and cover the entire industry chain, and actively innovate and explore the value-added service ecosystem. Currently, the Group has four major business lines: property management services, value-added services for owners, urban services, and extended value-added services. The scope of services covers 31 provinces, municipalities directly under the Central Government and autonomous regions across the country, and has established a balanced business layout covering residential, public buildings and commercial offices. As of June 30, 2023, the Group's total contract construction area and total construction area under management had reached about 762.1 million square meters and 575.4 million square meters respectively. On February 9, 2018, the Group was successfully spun off from Agile Group Holdings Limited (“Agile Holdings”, together with its subsidiary, “Agile Group”), becoming the first property management enterprise in the People's Republic of China (“China”) to officially split a H-share listing.
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