Zhao Shang Ji Yu's Operating Scale Continues to Grow, with 2025 Revenue Increasing 12.23% Year-over-Year

NightAirdropper · 2026-03-15T09:20:20+00:00

China Merchants Shekou Holdings reported 2025 operating revenue of RMB 19.273 billion, representing a year-over-year increase of 12.23%. However, net profit attributable to parent company shareholders was RMB 655 million, declining 22.12% year-over-year. After adjusting for disposed projects, net profit increased 8.30% year-over-year. The property management business demonstrated strong performance with significant growth in newly signed contract amounts, establishing a solid development foundation that supports long-term growth.

NightAirdropper

2026-03-15 09:20:20

Abstract generation in progress

This newspaper report (Reporter Li Yucheng) on the evening of March 13th, China Merchants JiYu Industrial Operation Services Co., Ltd. (hereinafter referred to as “招商积余”) disclosed its 2025 annual report. The company achieved an operating revenue of 19.273 billion yuan in 2025, a year-on-year increase of 12.23%. Net profit attributable to the parent company was 655 million yuan, down 22.12% year-on-year, mainly due to a one-time reduction of 256 million yuan from the disposal of the Hengyang Zhonghang Real Estate Co., Ltd. project. Excluding this factor, net profit attributable to the parent increased by 8.30% year-on-year. The disposal allowed the company to operate more lightly and helped optimize its long-term asset structure.

In 2025, China Merchants JiYu’s property management business achieved new signed annual contracts worth 4.48 billion yuan. Third-party new signed annual contracts totaled 4.169 billion yuan, a 13% increase year-on-year, with market-oriented residential projects experiencing significant growth, reaching 474 million yuan in new annual contracts, a 60% increase.

Meanwhile, the company secured key projects including China Southern Airlines Co., Ltd.'s Xinjiang branch, Renmin University of China Tongzhou campus, Changxin Jidian (Beijing) Storage Technology Co., Ltd., Shanghai Kangcheng (building area of 1.75 million square meters), and Xi’an Qinhan Yayu (building area of 520,000 square meters). It also developed major business cooperation clients such as OPPO Guangdong Mobile Communications Co., Ltd., Xiyin, and Sam’s Club.

Analysis indicates that in 2025,招商积余’s operational fundamentals continued to strengthen, and the quality of development steadily improved, providing strong support for long-term healthy growth.

(Editor: Guo Zhichen)

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