Summary is AI-generated, newsdesk-reviewed
  • DNAKE listed among Top 10 China Real Estate Suppliers for 2021 performance.
  • DNAKE's Q1 2021 net profit surged 80.68%, showing strong profitability.
  • Company focuses on technology and branding for smart living solutions.

On May 27, 2021, the "2021 China Real Estate and Property Management Serviced Listed Companies Appraisal Results Conference" took place in Shenzhen, organized by the China Real Estate Association and sponsored by the Shanghai E-House Real Estate Research Institute's China Real Estate Evaluation Center.

During the event, the "Appraisal and Research Results of China Real Estate and Property Management Serviced Listed Companies" were unveiled, with DNAKE (stock code: 300884.SZ) earning a position among the top 10 in the 2021 Performance of China Real Estate Suppliers.

Industry Collaboration and Conference Insights

Attendees included an array of experts, scholars, and representatives from top financial investment firms and leaders in various supply chains within the real estate sector. Among them, Mr. Hou Hongqiang, Deputy General Manager of DNAKE, was present.

This annual conference has been a fixture for 14 years, evaluating companies across eight metrics such as capital market performance, operational scale, financial solvency, and innovative capability.

Assessing DNAKE's Financial Health

2019 marked DNAKE's entry into the stock market, and by 2020 its net profits attributable to shareholders reached RMB 154,321,800, reflecting an annual growth of 22%. The company’s robust ranking in the "Best 10 of Performance of China Real Estate Suppliers" highlights its financial vitality and operational strength.

Profitability Trajectory

This impressive growth underscores the company's profitability and strategic execution

In Q1 of 2021, DNAKE reported a considerable increase in net profit, attributable to shareholders, amounting to RMB 22,271,500, which is an 80.68% rise compared to the same quarter of the previous year. 

This impressive growth underscores the company's profitability and strategic execution.

Strategic Future Plans

Looking ahead, DNAKE intends to capitalize on four strategic pillars: broadening distribution channels, leveraging advanced technologies, building a distinguished brand, and enhancing managerial excellence. The company is dedicated to fostering a "safe, comfortable, healthy, and convenient" smart living environment by prioritizing revenue growth alongside cost reduction, meticulous management, and innovative development.

Key focus areas include video intercom systems, smart home solutions, smart healthcare, smart traffic, fresh air systems, and intelligent door locks. Through these initiatives, DNAKE aims to sustain healthy and accelerated growth while delivering enhanced value to its customers.

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