HOLLWIN URBAN (02529) has released its annual results for the period ending December 31, 2025. The company reported revenue of RMB675 million, representing a decrease of 1.3% compared to the previous year. Profit attributable to equity shareholders was RMB74.376 million, marking a year-on-year increase of 3.5%. Basic earnings per share were RMB0.46, and the board has proposed a final dividend of RMB0.24 per share. The decline in total revenue during the period was primarily due to a reduction in revenue generated from urban services. Revenue from urban services decreased by 15.2% from RMB331.1 million in 2024 to RMB280.9 million in the reporting period. This was mainly attributed to a decline in income from landscaping and engineering services resulting from a reduction in managed projects, caused by an overall market contraction linked to local government debt resolution and a slowdown in infrastructure investment growth.