Record Revenue and Growth
Total revenue reached a record high of RMB93.5 billion, growing over 20% year-over-year. Existing home transactions GTV rose nearly 11% year-over-year to RMB2.25 trillion.
Expansion of Agent and Store Network
The number of active stores grew by 18.3% year-over-year to nearly 49,700, and the agent count rose to 445,000, increasing 12.1% year-over-year.
Home Renovation and Furnishing Business Growth
Achieved total revenue of RMB14.8 billion for the year, a year-over-year increase of 36%. Completed renovation services for nearly 60,000 homes across more than 40 cities.
Home Rental Services Surge
Revenue from home rental services surged by 135% year-over-year to RMB14.3 billion. The number of rental units under management surpassed 430,000.
AI and Technology Integration
Implemented AI tools like ChatHome and Dreamhome, improving customer experience and operational efficiency. AI Property Service Manager autonomously handles 60% of rental property management tasks.
Shareholder Returns
Repurchased around US$716 million worth of shares, accounting for around 3.9% of the Company’s total shares outstanding. Announced a final cash dividend for 2024.