Performance | China Resources MixC Lifestyle Profits Increased by 10% Last Year, with a special dividend of 85 cents

China Resources Vientiane Life (01209) recorded a net profit attributable to shareholders of 3.969 billion yuan (RMB, the same below) for the year ending December 2025, representing a year-on-year growth of 10.31%. Earnings per share were 1.739 yuan, with a final dividend of 0.509 yuan and a special dividend of 0.341 yuan, totaling 0.85 yuan.

During the period, revenue was 18.022 billion yuan, an increase of 5.06% year-on-year. Core net profit was 3.95 billion yuan, reflecting a year-on-year growth of 13.7%.

At the end of last year, the group had 129 operational shopping centers providing commercial operation services, 27 operational office buildings, and 6 leasing projects for operational shopping centers. The total managed area of properties under the group’s property management services was 426 million square meters (excluding shopping center projects).

Looking ahead to the “14th Five-Year Plan,” the group stated that it will focus on “comprehensive high-quality development” as its theme, adhering to the “2+1” business model that integrates business management, property management, and large member development, and aims to solidify “physicalization of channels and professionalization of tracks.” It will strengthen the two supporting systems of “strategic leadership for precise investment and lean operational management,” comprehensively enhancing the core competitiveness of the entire chain of the “2+1” business, and concentrate on building three development engines driven by “product and brand, technology and innovation, and organizational change and incentives,” continuously nurturing new development momentum and steadfastly moving towards the strategic goal of “creating a world-class urban quality living service provider.”

In 2026, the group will adhere to a dual-driven approach of “expansive growth + intrinsic growth” to promote effective qualitative improvement and reasonable quantitative growth. In terms of scale development, the commercial channel shopping centers will implement a full-scale layout in core cities and position themselves in opportunity cities, while office buildings will focus on expanding into first-tier cities. The property channel will comprehensively deepen cooperation with state-owned enterprises, actively participate in public bidding, continuously upgrade the urban expansion model, and focus on strengthening diversified growth channels.