A-Living Smart City Services

A-Living Smart City Services Co., Ltd. (雅生活智慧城市服务股份有限公司), commonly known as A-Living or 雅生活, is a Chinese property management company that grew out of the Agile Group (雅居乐集团) property development business. It provides property management and related community value-added services for residential estates, commercial properties and public facilities, primarily in China. The company was spun off from Agile Group and listed on the Hong Kong Stock Exchange, where it trades under the stock code 3319. Its business spans traditional property management (security, cleaning, landscaping, repair and maintenance), value-added services to residents (home services, community retail, asset management) and services to non-residential property owners. A-Living has expanded through acquisitions of other property management platforms to broaden its portfolio beyond Agile-developed projects. As a brand, it positions itself as a smart-city and community-services provider, emphasizing digitalized property operations and diversified community offerings. The company is headquartered in Guangzhou, Guangdong, and its operating market is mainland China.

A-Living traces its origins to the property management operations of Agile Group, the Guangzhou-based property developer founded in the early 1990s. Agile Group built a property management division to service its own residential developments, and this division was later organized into a standalone company, A-Living Smart City Services Co., Ltd. The company was spun off from Agile Group and listed on the Hong Kong Stock Exchange under stock code 3319, giving it independent access to capital markets. After listing, A-Living pursued a growth strategy that combined organic expansion of its property management contracts with acquisitions of other Chinese property management companies, allowing it to diversify its portfolio beyond Agile-developed projects and to add commercial and public-facility management capabilities. The company has positioned itself around the concept of 'smart city services,' emphasizing digitalized property operations, community platforms and value-added services to residents. Its headquarters remain in Guangzhou, and its operations are concentrated in mainland China.

• Property management division of Agile Group established

• Spun off and listed on the Hong Kong Stock Exchange as A-Living Smart City Services (SEHK: 3319)

• Expanded portfolio through acquisitions of other property management companies

Smart-city and community-services property management platform under Agile Group

• Residential property management

• Commercial and public facility management

• Community value-added services

• 2020.06.11

  Reported2020.06.11

  Yuhaitian and Agile Living Services agree to cooperate on integrated sanitation projects[1]玉禾田与雅居乐雅生活服务就环卫一体化项目达成合作finance.sina.com.cn

  Yuhaitian and Agile Living Services signed a strategic cooperation agreement to jointly develop integrated sanitation projects nationwide in China; project companies may be established to build and operate projects once they are implemented.

• 2019.09.26

  Reported2019.09.26

  A-Living announces acquisitions of stakes in two property-management businesses[2]雅生活宣布收购中民物业及新中民物业股权finance.sina.com.cn

  雅居乐雅生活服务股份有限公司 announced that it would acquire a 60% stake in 中民未来物业服务有限公司 for a fixed consideration of RMB 1.56 billion and a 60% stake in 新中民物业 for variable consideration of up to RMB 500 million. The article states that the acquired businesses would become non-wholly-owned subsidiaries after completion.

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1. 1玉禾田与雅居乐雅生活服务就环卫一体化项目达成合作finance.sina.com.cn
2. 2雅生活宣布收购中民物业及新中民物业股权finance.sina.com.cn