Starjoy strives to optimise management portfolio and explore transformational opportunities
- Written by: Telegraph Magazine
Core net profit amounted to RMB43.7 million. Basic earnings per share was RMB2.87 cents. The Company declared its first interim dividend, implying an annualized dividend yield of approximately 4.8%. It will continue to strive to enhance corporate value, foster sustainable development, and deliver long‑term returns and value to shareholders.
In recent years, the macro‑economic environment and real estate sector have remained uncertain, and market pressures persist. However, the Company has proactively adjusted its strategy, taking "long-term sustainability" as the core of its development and actively withdrawn from projects with risks, persistently low collection rates, and sustained cash flow losses, while actively improving service quality, focusing on management, rigorously controlling costs, and optimising supplier payment terms. As a result, the Company is well‑positioned to navigate market volatility, with greater focus on managing competitive projects so as to stabilise and mitigate adverse financial impacts. The Company anticipates that these strategic adjustments will yield results, financial impacts will stabilise and the strategy will deliver tangible outcomes going forward.
Looking ahead, the Company will continue to implement its prudent strategy and proactively respond to the challenges of the external economic environment and markets through resilient operational management. In terms of development strategies, the Company will break conventional mindsets, strive to optimise and adjust its management portfolio, and actively pursue new business areas. These include overseas property management projects, real estate and property management-related industries, as well as proactive transformation into new areas such as smart communities and artificial intelligence (AI).
It will also actively advance technology implementation and focus on applied research for smart communities and AI, to foster the digital transformation of traditional property management. Meanwhile, aligned with national strategics and seizing the opportunities of the times, the Company will conduct in‑depth research across sectors including intelligence-driven development, China's silver economy, the elderly-care industry and community-based elderly care renovation. This will help build new competitive strengths and growth inflection points, while the Company remains committed to enhancing long‑term value for shareholders and the enterprise.
Moreover, the Company has declared its first interim dividend, demonstrating management's resolve to proactively reward shareholders. The Company looks forward to sharing the business progress and returns with all shareholders and investors, as it continues to optimise its business portfolio and pursue transformational development.
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