Shimao Services Holdings Ltd. reported its interim results for the six months ended 30 June 2025. The company recorded a revenue of RMB562.2 million, representing a 1.7% increase from RMB553.1 million reported during the same period in 2024. The gross profit margin remained stable at 20.0% compared to the previous year. By segment, revenue from city services was RMB207.4 million, a decrease of 65.6% compared to RMB603.2 million in the same period of 2024. This decline was mainly attributed to the disposal of a 60% equity interest in Wuxi Jinshatian Technology Co., Ltd. in September 2024. The reported increase in gross profit was mainly due to the company's focus on management upgrades, enhanced frontline efficiency, and the implementation of energy conservation measures. The company also noted an increase in gross floor area under management from Shimao Group Holdings and co-developers, contributing to revenue growth. In its outlook, the company stated that the real estate market in China remained under pressure with declining sales and gross floor area, though the rate of decrease narrowed compared to the previous year. Destocking pressure remains high, with growth primarily observed in first-tier and major second-tier cities. The company continues to focus on improving management quality and operational efficiency.