China Resources Mixc (01209) Reports Interim Results with Shareholders' Attributable Profit of RMB 2.03 Billion, Up 7.44% YoY

Stock News
2025/08/27

China Resources Mixc (01209) announced its interim results for the six months ended June 30, 2025. The group achieved revenue of RMB 8.524 billion, representing a year-on-year increase of 6.54%. Profit attributable to equity shareholders reached RMB 2.03 billion, up 7.44% compared to the same period last year. Earnings per share stood at 89 cents, with the company proposing an interim dividend of RMB 0.529 per share and a special dividend of RMB 0.352 per share.

During the first half of the year, the group maintained its "reform-driven development" approach with "stable growth" as the overall operational theme. Adhering to the core business strategy of "intensive growth + extensive growth," the company responded to internal and external uncertainties with the certainty of high-quality development, achieving industry-leading performance.

As of June 30, 2025, the group provided commercial operation services to 120 operational shopping centers and 27 office buildings. The group operated 5 subletting shopping center projects and provided property management services for a total managed building area of 420 million square meters (excluding shopping center projects).

In the first half of 2025, the commercial segment continued to focus on core cities and optimize its national presence. During the period, four new shopping centers successfully opened: Xi'an Airport Commercial explored new commercial formats, Shunde Mixc achieved dual success with 100% occupancy and opening rates, Suining Mixc led regional commercial upgrades, and Zhengzhou Zhengdong Mixc City set new city records for opening enthusiasm. The company signed six new light-asset commercial expansion projects, including four transit-oriented development (TOD) projects in 30 key cities and two existing operational projects, all of excellent quality. As of June 30, 2025, the group's operational shopping centers increased to 125.

In the first half of 2025, the property management segment maintained its position in the industry's first tier with steady progress in market expansion. Property expansion added 14.32 million square meters of new contracted area. As of June 30, 2025, the managed area reached 420 million square meters, with contracted area of 452 million square meters, covering 171 cities nationwide.

During the period, the company expanded into 37 urban public space projects, focusing on core segments and securing key projects such as Wenzhou Longgang Civic Center and Shenzhen Xili Lake Greenway. Breaking into potential segments, the company secured projects including Jinan University and Liaoning Cancer Hospital, continuously enhancing brand competitiveness. The "Run City" plan progressed steadily, securing 28 mid-to-high-end residential projects with a total contract value of approximately RMB 300 million.

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