Excellence Commercial Property & Facilities Management Group Limited (the “Group”) released an announcement indicating that profit attributable to equity shareholders for the year ended 31 December 2025 is expected to decline by approximately 60% to 70% compared with the previous year.

According to the statement, this decrease is primarily caused by an increase in impairment losses on trade receivables from related parties, along with provisions made in connection with a final court judgment involving Beijing Global Wealth, a non-wholly-owned subsidiary.

The announcement also indicates that net cash generated from operating activities for 2025 is projected to turn from negative to positive. In addition, the unaudited total cash balance, including time deposits and restricted bank deposits, plus investments in wealth management and other products, is expected to be no less than RMB1.30 billion (compared with RMB1.08 billion as of 31 December 2024).

The Group noted that the figures are based on unaudited management accounts and may be subject to adjustments during the finalization of its annual results. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.