Ya Life Smart City Service Co., Ltd. (“Ya Life” or “the Company”, together with its subsidiaries, collectively referred to as the “Group”) is a national comprehensive property management service provider positioned at the middle and high-end. With the corporate vision of “becoming an outstanding quality service operator in China”, the Group strives to provide high-quality, full-scene services to owners. Currently, the Group has four major business lines of property management services, value-added services for owners, urban services and epitaxial value-added services. The scope of services covers 30 provinces, municipalities directly under the Central Government and autonomous regions across the country, and has established a balanced business layout covering residential, public buildings and commercial offices. As of December 31, 2024, the Group's total contract construction area and total construction area under management have reached approximately 723.1 million square meters and approximately 550.6 million square meters, respectively. On February 9, 2018, the Group successfully spun off from Agile Group Holdings Limited (“Agile Holdings”, along with its subsidiary, “Agile Group”) and became the first property management company in the People's Republic of China (“China”) to officially split and list H shares.