The Successful Conclusion of Aoyuan Healthy 2019 Annual General Meeting
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(28 May 2019, Hong Kong) ––Aoyuan Healthy Life Group Company Limited (“Aoyuan Healthy” or the “Group”; SEHK stock code: 3662) holds its annual general meeting in Hong Kong. Mr. Guo Zining, the Chairman of the Board and Non-executive Director of Aoyuan Healthy, Mr. Chen Zhbin, the Non-executive Director, Mr. Hung Ka Hai, Clement, the Independent Non-executive Director, Mr. Tao Yu, the Executive Director, Mr. Lei Yiqun, the Chief Operation Officer, and Mr. Xu Xiaodong, the Chief Financial Officer & Director of Financial Management Division attend the meeting.The Group is glad to have a group of shareholders attended to support the first annual general meeting since listing and a lively discussion of the Group’s future development with the shareholders.All resolutions were passed with anoverwhelming majority votes in the meeting, reflectingshareholders’confidencein the Group’s future development.
Mr. Guo Zining, Chairman of the Board and Non-executive Director said, “With the jointefforts of the management and all employees, the Group spun off from China Aoyuan Group Limited (“China Aoyuan”; SEHK stock code: 3883)for a separate listing on the Main board (“Main Board”)of The Stock Exchange of Hong Kong Limited (the “StockExchange”) on 18 March 2019 and received the support of investors and shareholders, which laid an important milestone inthe Group's development.In 2018, we achieved outstanding results and our profitability and corporate competitiveness have beenfully recognized by the market. Shareholders’ support to the annual general meeting also reflects theirrecognition to Aoyuan Health’s effort. The Group sincerely appreciates the investors’ support and trust to Aoyuan Health. We will continue to strive for a dividenddistributionequivalent to 40% of the profit after tax each year, to enhance the value and maximizethe returns to shareholders."
Leveraging the Group’s rich experience in property management and long-term and stable cooperation with the parent company,also with the joint efforts of the management and all employees, the Group achieved a leap-forward growth in the past few years and greatly improved its various operational indicators, which has laid a foundation for the Group to become a leading provider of property management and commercial operational services in China.For the year ended 31 December 2018, the Group’s total turnover was RMB618.8 million, representing an increase of 41.9% compared to 2017.The Group’s core net profit was approximately RMB93.8 million, representing an increase of 25.7% as compared to that in 2017.The gross profit margin was 33.7% andthe profitscontinue to increase.
Aoyuan Healthy will continue to implement a diversified development strategy, with support from China Aoyuan and actively gasp the opportunity to enter the health industry under national policy, to provide value-added services to customers,and accomplish the Group’s industry layout. Aoyuan Healthy will integrate the resources of property management services, commercial operational services and healthcare services to create synergy and achieve collaborative development.”
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About Aoyuan Healthy Life Group Limited
Aoyuan Healthy Life Group (03662.HK) was listed on the Hong Kong Stock Exchange in March 2019. Cherishing the brand philosophy of “create the joy of life”, Aoyuan Healthy Life Group (hereinafter referred to as “the Group”) has been committed to operating three core businesses, namely, the health industry, commercial operations, and property management. Adopting an innovative development model of “technology plus operation services, and technology plus health”, the Group focuses on life service operators and medical cosmetology to build a healthy life platform.This provides customers with high-quality health management services in an all-around way and achieves sustainable asset appreciation.
In the future, Aoyuan Healthy Life Group will continue to adhere to the values of “Efficient, Honest, Responsible”, and apply new thinking, new ideas, Internet + big data to the services of the health industry, andwith Guangdong-Hong Kong-Macao Greater Bay Area as the starting point, Aoyuan Healthy Life Group will deploy its resources for further development to boost the growthof the Chinese economy in the world.