Developer docs
API playgroundTry for free, no card

Search company profiles

China Resources Mixc Lifestyle Services

Full company profile

uuid000fant

Namestring
China Resources Mixc Lifestyle Services
Company typeenum
Private
Founded yearint
1938
Descriptiontext

China Resources Mixc Lifestyle Services is a Hong Kong-headquartered (Wan Chai) property management and commercial-operations services company, listed on the Hong Kong Stock Exchange under ticker 1209 (HKEX:1209). The firm has roots dating to 1938 and operates with a 10,000+ employee base delivering services to commercial real estate owners, tenants, and residents — most prominently across the Mixc (万象) portfolio of premium commercial complexes associated with its China Resources Group (华润集团) parent-affiliated ecosystem. Its functional mandate covers day-to-day property management for residential and commercial assets alongside commercial-operations services (leasing support, tenant mix curation, and retail/lifestyle operations) anchored to the Mixc brand.

The core service offering is a hybrid of (i) recurring-fee-based property management — both residential communities and commercial complexes — and (ii) higher-margin commercial-operations revenue tied to the Mixc retail and lifestyle platform. Revenue mechanics rely on long-duration management contracts at the property/asset level plus commercial tenant and retailer economics flowing through the Mixc ecosystem. The business benefits from a structural captive-supply pipeline via its state-owned parent, which lowers customer-acquisition cost for new managed assets and supports tier-1/tier-2 city concentration.

Financial disclosures indicate substantial scale: FY2024 net profit attributable reached RMB 3.97 billion, with the broader disclosed window showing revenue progressing from approximately RMB 14 billion-equivalent in 2021 to roughly RMB 25.8 billion-equivalent in 2025, alongside EBIT and EBITDA scaling faster than revenue. The company is operating (not pre-revenue, not distressed) and is positioned inside a large, slow-cyclical but visible-cashflow sector with structural exposure to Chinese commercial real estate fundamentals.

Short descriptiontext

Hong Kong-listed (HKEX:1209) property management and commercial operations services company affiliated with state-owned China Resources Group, delivering residential and commercial property management plus Mixc (万象)-branded commercial operations to real estate owners, tenants, and residents across mainland China and Hong Kong.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersWan Chai, Hong Kong SAR China
HQ citystring
Wan Chai
HQ countrystring
Hong Kong SAR China
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
property management services, commercial property operations, shopping mall management, residential property management, lifestyle services
Industry1 code
1Mixed-Use Property Management
CodeBPAJAGAEPrimaryYes
SIC code1 code
  • Services-Management Services8741
Product category
Property Management Services
No data
Cost components5 values
Personnel, Operations, Infrastructure, Marketing or Sales, Others
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

China Resources Mixc Lifestyle Services provides property management services for residential communities and commercial operations services for shopping malls and mixed-use developments under the Mixc (万象) brand. The company manages a portfolio of properties on behalf of property owners and developers, delivering resident services for homeowners and tenants, and operating commercial real estate assets that host retail and lifestyle tenants.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Residential Property Management Services
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Property management arm of China Poly Group, listed in Hong Kong. Directly comparable in scale, SOE affiliation, and mix of residential and commercial management contracts across China.

2Color Life Holdings
TypeDirect peer
Description

Hong Kong-listed property management company focused on residential and mixed-use communities in China. Comparable in business model and geographic focus.

TypeDirect peer
Description

Property management arm of China Vanke, providing residential and commercial management services in China. Comparable in service offering and scale within Chinese market.

TypeBroad incumbent
Description

The Hong Kong-listed property development parent affiliate of the company. While primarily a developer rather than a pure manager, it is the most natural supply-side counterpart and benchmark for asset base, branding, and SOE backing.

TypeDirect peer
Description

Hong Kong-listed property management company covering residential and commercial assets across China. Comparable in scope of services and developer-affiliated business model.

TypeDirect peer
Description

One of China's largest property management companies, listed in Hong Kong. Directly comparable in scale, business model (residential + commercial management), and target customer base of mixed-use Chinese developments.

TypeDirect peer
Description

Chinese property management company backed by Times China, listed in Hong Kong. Operates residential and commercial management comparable to the subject company's service mix.

TypeDirect peer
Description

Hong Kong-listed property management arm of China Overseas Land, offering residential and commercial management services in China. Closely comparable as both a SOE-affiliated peer and a mixed-use property manager.

TypeDirect peer
Description

Hong Kong-listed property management company focused on residential and mixed-use communities in China. Directly comparable in service model and Chinese-market orientation.

TypeDirect peer
Description

Property management company listed in Hong Kong covering residential, commercial, and office assets in China. Comparable in service mix and target asset types.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

China Resources Mixc Lifestyle Services

Property Management Servicesen.crmixclifestyle.com.cn

Hong Kong-listed (HKEX:1209) property management and commercial operations services company affiliated with state-owned China Resources Group, delivering residential and commercial property management plus Mixc (万象)-branded commercial operations to real estate owners, tenants, and residents across mainland China and Hong Kong.

What China Resources Mixc Lifestyle Services does

China Resources Mixc Lifestyle Services is a Hong Kong-headquartered (Wan Chai) property management and commercial-operations services company, listed on the Hong Kong Stock Exchange under ticker 1209 (HKEX:1209). The firm has roots dating to 1938 and operates with a 10,000+ employee base delivering services to commercial real estate owners, tenants, and residents — most prominently across the Mixc (万象) portfolio of premium commercial complexes associated with its China Resources Group (华润集团) parent-affiliated ecosystem. Its functional mandate covers day-to-day property management for residential and commercial assets alongside commercial-operations services (leasing support, tenant mix curation, and retail/lifestyle operations) anchored to the Mixc brand.

The core service offering is a hybrid of (i) recurring-fee-based property management — both residential communities and commercial complexes — and (ii) higher-margin commercial-operations revenue tied to the Mixc retail and lifestyle platform. Revenue mechanics rely on long-duration management contracts at the property/asset level plus commercial tenant and retailer economics flowing through the Mixc ecosystem. The business benefits from a structural captive-supply pipeline via its state-owned parent, which lowers customer-acquisition cost for new managed assets and supports tier-1/tier-2 city concentration.

Financial disclosures indicate substantial scale: FY2024 net profit attributable reached RMB 3.97 billion, with the broader disclosed window showing revenue progressing from approximately RMB 14 billion-equivalent in 2021 to roughly RMB 25.8 billion-equivalent in 2025, alongside EBIT and EBITDA scaling faster than revenue. The company is operating (not pre-revenue, not distressed) and is positioned inside a large, slow-cyclical but visible-cashflow sector with structural exposure to Chinese commercial real estate fundamentals.

China Resources Mixc Lifestyle Services firmographics

Firmographics
Name
China Resources Mixc Lifestyle Services
Website
https://en.crmixclifestyle.com.cn
Company type
Private
Founded year
1938
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Hong Kong-listed (HKEX:1209) property management and commercial operations services company affiliated with state-owned China Resources Group, delivering residential and commercial property management plus Mixc (万象)-branded commercial operations to real estate owners, tenants, and residents across mainland China and Hong Kong.
Ownership category
akta.pro rank

China Resources Mixc Lifestyle Services industry classification

Industry
Product category
Property Management Services
SIC
Services-Management Services (8741)
akta.pro primary industry
Mixed-Use Property Management (BPAJAGAE)

Keywords

  • Property management services
  • Commercial property operations
  • Shopping mall management
  • Residential property management
  • Lifestyle services

Where China Resources Mixc Lifestyle Services is headquartered

Location

Headquarters

HQ city
Wan Chai
HQ country
Hong Kong SAR China
HQ region
Asia

Markets served

China Resources Mixc Lifestyle Services business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Others

China Resources Mixc Lifestyle Services product offering

Product offering

Core offering

China Resources Mixc Lifestyle Services provides property management services for residential communities and commercial operations services for shopping malls and mixed-use developments under the Mixc (万象) brand. The company manages a portfolio of properties on behalf of property owners and developers, delivering resident services for homeowners and tenants, and operating commercial real estate assets that host retail and lifestyle tenants.

Differentiator

Problem solved

Functional benefit

Products and services

  • Residential Property Management Services

Companies that use China Resources Mixc Lifestyle Services

Customer profile

Ideal customer profiles2 records

China Resources Mixc Lifestyle Services technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

China Resources Mixc Lifestyle Services partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

China Resources Mixc Lifestyle Services competitors and assessment

Company assessment

Direct peers

  • Poly Property Services: Property management arm of China Poly Group, listed in Hong Kong. Directly comparable in scale, SOE affiliation, and mix of residential and commercial management contracts across China.
  • Color Life Holdings: Hong Kong-listed property management company focused on residential and mixed-use communities in China. Comparable in business model and geographic focus.
  • China Vanke Service: Property management arm of China Vanke, providing residential and commercial management services in China. Comparable in service offering and scale within Chinese market.
  • Sunac Services: Hong Kong-listed property management company covering residential and commercial assets across China. Comparable in scope of services and developer-affiliated business model.
  • Country Garden Services: One of China's largest property management companies, listed in Hong Kong. Directly comparable in scale, business model (residential + commercial management), and target customer base of mixed-use Chinese developments.
  • Times Neighborhood: Chinese property management company backed by Times China, listed in Hong Kong. Operates residential and commercial management comparable to the subject company's service mix.
  • China Overseas Property Holdings: Hong Kong-listed property management arm of China Overseas Land, offering residential and commercial management services in China. Closely comparable as both a SOE-affiliated peer and a mixed-use property manager.
  • Greentown Service Group: Hong Kong-listed property management company focused on residential and mixed-use communities in China. Directly comparable in service model and Chinese-market orientation.
  • A-Living Services: Property management company listed in Hong Kong covering residential, commercial, and office assets in China. Comparable in service mix and target asset types.

Broad incumbents

  • China Resources Land: The Hong Kong-listed property development parent affiliate of the company. While primarily a developer rather than a pure manager, it is the most natural supply-side counterpart and benchmark for asset base, branding, and SOE backing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

China Resources Mixc Lifestyle Services financial estimates

Financial estimate

Revenue estimate

Valuation estimate

China Resources Mixc Lifestyle Services leadership team

Management profile

Number of profiles

China Resources Mixc Lifestyle Services funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

China Resources Mixc Lifestyle Services M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China Resources Mixc Lifestyle Services

What does China Resources Mixc Lifestyle Services do?

China Resources Mixc Lifestyle Services provides property management services for residential communities and commercial operations services for shopping malls and mixed-use developments under the Mixc (万象) brand. The company manages a portfolio of properties on behalf of property owners and developers, delivering resident services for homeowners and tenants, and operating commercial real estate assets that host retail and lifestyle tenants.

When was China Resources Mixc Lifestyle Services founded?

China Resources Mixc Lifestyle Services was founded in 1938. It employs 5,001 to 10,000 people.

Where is China Resources Mixc Lifestyle Services based?

China Resources Mixc Lifestyle Services is headquartered in Wan Chai, Hong Kong SAR China, in the Asia region.

Who are China Resources Mixc Lifestyle Services's main competitors?

Direct peers on record are Poly Property Services, Color Life Holdings, China Vanke Service, Sunac Services, Country Garden Services, Times Neighborhood, China Overseas Property Holdings, Greentown Service Group and A-Living Services. China Resources Land is listed as a broad incumbent.

Does China Resources Mixc Lifestyle Services have an API?

No public API is recorded for China Resources Mixc Lifestyle Services.

What industry is China Resources Mixc Lifestyle Services in?

China Resources Mixc Lifestyle Services's product category is Property Management Services. Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management. Its SIC code is 8741.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
YahooChina Resources Mixc Lifestyle Services Ltd's Dividend AnalysisChina Resources Mixc Lifestyle Services Ltd announced a $0.29 per share dividend, including a $0.17 cash and $0.12 special component, payable on 2026-11-09. The company's payout ratio is 0.29, with a forward yield of 2.48% and annual dividend growth of 40.20% over three years.AInvestChina Resources Mixc Lifestyle's H1 2026 Dividend: Safe Payout, Growth Is the BetChina Resources Mixc Lifestyle declared an HK$0.97 interim dividend per share for H1 2026, matching its HK$1.12 EPS and maintaining a 100% payout ratio on core net profit for the third consecutive year. The company operates roughly 130 malls with gross margins above 60%, 26% ROE and 7% debt-to-assets. Management plans 100 new mall openings over five years, with full-year 2026 EPS estimated at HK$1.92.AInvestChina Resources Mixc Lifestyle: Premium Quality In A Broken Sector, Hold Until Interim Results Prove OtherwiseChina Resources Mixc Lifestyle Services trades at a 20x P/E premium as the market prices in its ability to withstand the structural crisis in China's property services sector, where fee collection rates have collapsed. The company relies on stable commercial mall management fees from its state-backed parent, though it faces headwinds from weak retail sales and industry-wide payment defaults. Upcoming interim results will determine if revenue growth and collection rates justify the current valuation multiple.MarketScreenerChina Resources Mixc Lifestyle Services Finds Growth Beyond PropertyChina Resources Mixc Lifestyle Services reported a 13.7% year-over-year increase in core net profit to CNY 4 billion for FY25, driven by strong performance in its high-margin commercial management segment and improved operating efficiency. The company's revenue grew 5.1% to CNY 18.0 billion, supported by high occupancy rates and rising third-party project contributions, although operating cash flow declined slightly due to higher working capital requirements.South China Morning PostChina developer CR Land seeks US$260 million from stake sale in property services armChina Resources Land (CR Land) plans to raise approximately US$260 million by selling a 2.17 per cent stake in its property-management subsidiary, China Resources Mixc Lifestyle Services, through a discounted share placement on the Hong Kong Stock Exchange. The placement of 49.5 million shares at HK$41.70 per share represents a 9.58 per cent discount to the subsidiary's last closing price, with UBS Hong Kong acting as the sole placing agent. Proceeds of approximately HK$2.06 billion will be used for acquiring land reserves, funding development costs, and general working capital, while also broadening the subsidiary's shareholder base and enhancing stock liquidity.PR NewswireChina Property Management Market 2021-2025: Growing Population, Rapid Urbanization and Rising Real Estate Investment are Key Growth DriversResearchAndMarkets.com has published a market analysis report on the China property management market covering 2021-2025, providing forecasts, competitive profiles of key players, and assessment of growth drivers and challenges. The report notes that while COVID-19 caused a short-term downturn starting January 2020 due to project delays and sales disruptions, government support measures including tax cuts and subsidies have created a favorable environment for industry recovery and steady expansion. Key players profiled include Country Garden Services Holding, Evergrande Property Services Group, Sunac Services Holding, Jinke Smart Services Group, and China Resources Mixc Lifestyle Services.