Suxin Joyful Life Services Co., Ltd.
2152.HK
Hong Kong Stock Exchange4.75
HKD
+0.02
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Suxin Joyful Life Services Co., Ltd.
2152.HK
(Hong Kong Stock Exchange)
Recent
price
4.75
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Suxin Joyful Life Services Co., Ltd. operates as a comprehensive city services and property management service provider primarily in the Yangtze River Delta region of China, with headquarters in Suzhou. The company delivers extensive municipal infrastructure services including cleaning, greening, maintenance, regular inspection, and refurbishment of city roads, building exteriors, street lamps, water supply networks, and tram platforms. It also manages public facilities such as museums, libraries, art and sports centers, city parks, and government office buildings providing cleaning, security, gardening, landscaping, repair, and maintenance services. Commercial property management offerings cover industrial parks, office buildings, apartments, and commercial complexes, including basic property management, carpark space management, resource management, property agency services, and customized solutions. Additionally, Suxin provides residential property management and leasing services. Founded in 1994, the company has broadened its operational footprint and service portfolio through strategic moves including the acquisition of a 51% stake in Lianyungang Port Maintenance Engineering in early 2025, enhancing its capabilities and market presence in Jiangsu province. This acquisition expands Suxin’s city services business into sanitation, cleaning, greening construction, and minor repairs. The company maintains key partnerships with local governments and public authorities to support urban management and improve resident living standards. Recent developments also include the approval of executive appointments and ongoing renewal of master property management service agreements to extend service terms through 2027, reflecting operational continuity and growth initiatives. Suxin Joyful Life Services operates within three principal segments: city services, commercial property management, and residential property management. It targets municipal governments, public institutions, commercial property stakeholders, and residential communities, emphasizing enhancing urban environments and quality of life through integrated service offerings across public and private sectors in the People's Republic of China. This detailed service portfolio combined with strategic acquisitions positions Suxin as a key player in property and city services management in the region. The company continues to advance its service breadth and geographic reach to capitalize on urban development trends and government infrastructure initiatives.