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Haitian Flav
03288.HK		 Food Additives 35-36.3 100 3,667 2025/06/16 2025/06/18 2025/06/19
Summary
Onewo is a leading property management service provider in China. 32 years ago, we kick-started our journey with the simple purpose of pursuing excellent property management services for more people – a purpose which still guides the way we do business in a highly competitive and fragmented sector today. According to Frost & Sullivan, we ranked first in China’s property management services market in 2021 in terms of basic property management service revenue, holding a market share of 4.28%. Drawing on our brand strength and service quality, we have expanded our business beyond property management and become a leading service provider with a growth model built upon the synergy of businesses across community, commercial and urban spaces, serving a diverse array of properties such as residential communities, workspaces and public premises, and a broad customer base covering property owners, corporate and other institutional clients. Leveraging R&D investments, we have developed AIoT and BPaaS solutions aiming to digitalize workflows, mobilize resources and improve efficiency of the spaces we serve. As our service offerings intertwine and further integrate with purpose-built technologies, we become well-prepared to achieve economies of scale and capture adjacent opportunities. In terms of geographic focus, we strive to provide quality services to customers in high-tier cities with strong economic fundamentals.

With our continuous effort in exploring new growth directions and proactive approach to refining our business strategies, we have extended our service reach from single properties to community, commercial and urban spaces, and also developed different vertical business lines that cater to the evolving needs of customers we serve within each of the spaces. Our customer-centric philosophy allows us to know and serve customers better and manage our business more efficiently. The business model we established comprises the following three business segments:

? Community space living consumption services. Services we offer to individual customers, such as property owners and residents, are primarily categorized under this business segment. To address the diverse needs of property owners and residents in various consumption scenarios encompassing residential living, we provide a broad range of services in community space, including residential property services, home-related asset services and other community value-added services. We carry out residential property services using the Vanke Service brand. As an extension of our residential property services, we have also launched Pulin and a series of other brands to broaden our service offerings for community spaces, with a strategic focus on home-related asset services, including home sale and rental brokerage services and home renovation and furnishing services.

? Commercial and urban space integrated services. Services we offer to corporate, government and other institutional clients other than our AIoT and BPaaS solution services are categorized under this business segment. Aimed at creating pleasant commercial and urban spaces, we provide corporate, government and other institutional clients with property and facility management services, value-added services for developers and urban space integrated services. The establishment of our premium property and facility management brand, Cushman & Wakefield Vanke Service, marks our successful integration with Cushman & Wakefield’s property and facility management services business in Greater China, as well as the inception of a new stage in our business development when clients became a strategic priority.

We also offer urban space integrated services that benefit various stakeholders of the urban public spaces, including but not limited to government authorities and the general public, through the use of our City Up brand.

? AIoT and BPaaS solution services. Our technology offerings are separately grouped under this business segment. As part of our holistic approach to enhance service capabilities and efficiency, we have consistently invested in R&D activities and developed a series of technology-enabled solutions which focus on standardizing and digitalizing our services in community, commercial and urban spaces, including (i) AIoT solutions; and (ii) BPaaS solutions. These solutions served as the stepping stone for us to achieve remote operation of on-site services ahead of our peers in China and help more corporate customers across industries to explore future opportunities.



Source: Onewo (02602) Prospectus (IPO Date : 2022/09/19)
Listing Market MAIN
Industry Property Service and Management
Background H Shares
Major Business Area N/A
Corporate Information
Substantial Shareholders [02202] China Vanke Company Limited (Total share: 56.95%); (H share: 56.95%)
Boyu Group, LLC (Total share: 16.08%); (H share: 16.08%)
Directors Zhu Baoquan (Chairman and General Manager and Executive Director)
He Shuhua (Executive Director)
Sun Jia (Non-Executive Director)
Yao Jinbo (Non-Executive Director)
Zhou Qi (Non-Executive Director)
Hua Cui (Non-Executive Director)
Zhu Xu (Non-Executive Director)
Chen Yuyu (Independent Non-Executive Director)
Law Elizabeth (Independent Non-Executive Director)
Shen Haipeng (Independent Non-Executive Director)
Song Yunfeng (Independent Non-Executive Director)
Company Secretary Huang Min
Ng Wai Kam
Principal Bankers China Merchants Bank
CITIC Bank, China
China Construction Bank
Bank Of China Bank
Agricultural Bank of China Limited
Industrial And Commercial Bank of China
Solicitors JunHe LLP
Paul Hastings
Auditors Ernst & Young
Registered Office Unit 1607, NEO, 123 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong
Share Registrars Tricor Investor Services Ltd. [Tel: (852) 2980-1333]
Share Registrars Tel No (852) 2980-1333
Internet Address https://www.onewo.com/
Email Address [email protected]
Tel No
Fax No
 
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