SINO-OCEAN SERV (06677) Multi-Dimensional Expansion Strategy Shows Results, Three Strategic Paths Drive New Market Development

Stock News
Sep 22

SINO-OCEAN SERV (06677) has recently achieved key breakthroughs in market expansion through clear expansion pathways and its excellent "expansion-operation integration" model, as part of its continued strategy to deepen high-quality sustainable development. The company leverages three core dimensions - grid expansion, major client cultivation, and property-service collaboration - to continuously broaden its business footprint, strengthen comprehensive multi-format service capabilities, and achieve enhanced brand influence and market competitiveness.

**Grid Expansion: IFM Professional Services Continue to Break Through**

SINO-OCEAN SERV's commercial property business center continues to deepen its presence in core cities and high-potential sectors, leveraging its professional facility management capabilities. The recently awarded Beijing Zhaoxin Building IFM service project was secured based on the reputation effect from quality services provided to nearby managed projects. The company will provide comprehensive system equipment operation and maintenance services, including access control, monitoring, HVAC, electrical, fire protection and other full equipment systems' professional operation and emergency response services, achieving "deep grid" operations in the regional business.

This project not only validates SINO-OCEAN SERV's professional advantages in high-end office building facility management but also establishes a solid foundation for future expansion into vertical sectors such as high-tech enterprise headquarters and R&D parks.

**Major Client Cultivation: Continued Cooperation Demonstrates Service Value**

SINO-OCEAN SERV continues to deepen strategic cooperation with corporate clients through excellent client cultivation and resource integration capabilities. Since first successfully partnering with CNOOC Oilfield Services in 2022, the company recently won another bid for its Tianjin Smart Manufacturing Center integrated property management services project. This extends services from Beijing and Tianjin to Zhoushan and Zhanjiang, covering multiple formats including office buildings, industrial parks, and apartments.

This renewed cooperation not only reflects clients' trust in SINO-OCEAN SERV's professional capabilities and service quality but also demonstrates how the company drives major client partnerships toward deeper and broader development through continuous value delivery.

**Property-Service Collaboration: Strategic Synergy Empowers Market Expansion**

The "property-service collaboration" model has successfully landed another important project - winning the bid and signing for residential property services at Phase I of Hanchen Garden in Tianjin Sino-Singapore Eco-City. This project represents renewed collaboration between SINO-OCEAN Group and SINO-OCEAN SERV with Singapore's Keppel Land, marking the scaled implementation of the "property-service collaboration" model. Such collaborative projects will provide new momentum for the company's market expansion in high-potential regions.

Meanwhile, through partnerships with internationally-minded developers like Keppel Land, the company is positioned to elevate its service quality and project management capabilities to new heights, adding competitiveness for future market expansion.

**Maintaining Strategic Focus, Opening New Service Horizons**

SINO-OCEAN SERV enhances regional coverage density through grid expansion, deepens multi-format operations through major client cultivation, and integrates superior resources through property-service collaboration. These three clear and complementary paths jointly drive efficient achievement of expansion objectives.

Looking ahead, the company will continue leveraging its nationwide presence, multi-format service experience, and brand synergy effects to continuously improve service precision and market penetration. Through focus and innovation, it will practice steady expansion and create sustainable value together with partners.

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