Zhenro Services Group Limited
HHKEX:69580.08
HKD
+0.00
(+2.56%)
ISIN
KYG9898V1005
CUSIP
G9898V100
Return %
Stock
S&P 500
1Y
-33.88
14.20
3Y
-63.64
81.12
5Y
-98.39
68.34
Capital Structure
CNY
•
in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Li Deng
- Full Time Employees
- 3,109
- Sector
- Finance
- Industry
- Real estate development
- Address
- Building No.7 Minhang SH China
- IPO Date
- Jul 10, 2020
- Website
- zhenrowy.com
- Similar Companies
- Business
- Zhenro Services Group Limited provides comprehensive property management services for residential, non-residential, and commercial properties primarily in China. The company offers property management services including cleaning, security, landscaping, and repair and maintenance; value-added services to non-property owners such as sales assistance, housing repair, preliminary planning and design consultancy, and pre-delivery inspection; community value-added services comprising home-living services, car park management, leasing assistance, and common area value-added services; and commercial operational management services including brand and management output and sublease services. Zhenro Services Group operates across key regions including the Yangtze River Delta, West Coast of the Strait, Midwest, and Bohai Rim, targeting property developers, owners, residents, and commercial tenants, with approximately 3,270 employees. Founded in 2000 and headquartered at 1/F, Building 7, Hongqiao Zhenro Center, Lane 666, Shenhong Road, Minhang District, Shanghai, China, the company listed on the Hong Kong Stock Exchange in 2020 under ticker 6958.HK. In recent developments, Zhenro Services Group intensified expansion in core cities such as Shanghai, Nanjing, Suzhou, Fuzhou, and Nanchang, securing contracts for high-quality projects including commercial and office buildings, schools, finance facilities, and rail transit like Guangdong Yunfu Mobile office and Nanjing Jiangxinzhou Industrial Park; collaborated with JD and Meituan for at-home services via JD Convenience Service Center and Rong Stations; and adopted an asset-light strategy of profit-sharing with guaranteed base for commercial operational management, advancing over 50 potential projects. The company reported half-year revenue of RMB523.3 million and gross profit of RMB105.5 million for the period ended June 30, 2025, alongside full-year 2024 revenue of RMB1,113.9 million and gross profit of RMB232.9 million. Board and committee changes occurred effective September 1, 2025, including the appointment of Mr. Zheng Yilei as independent non-executive director following Mr. Zhang Wei's resignation, and further updates with Wang Zhiming as non-executive director from July 1, 2025; additionally, it changed auditors with Ernst & Young resigning and CCTH appointed as of November 14, 2025.