China Resources Mixc Lifestyle Services Limited ("CR Mixc Lifestyle"; Stock Code: 01209.HK), the property management service division of China Resources Land Limited (Stock Code: 01109.HK), completed its spin-off IPO and listing on the Main Board of the Hong Kong Stock Exchange (HKEX) on December 9, 2020, raising approximately HKD 12 billion at HKD 22.30 per share.

CR Mixc Lifestyle is a leading property management and commercial operation service provider in China. The company provides property management and value-added services to residential properties, shopping malls, office buildings, and other properties. As of June 30, 2020, the total floor area of residential and commercial properties managed by the company was approximately 106.6 million square meters, and that of shopping malls served by us was approximately 5.6 million square meters. In 2019, Frost & Sullivan ranked the company first in terms of the number of managed luxury shopping malls in China among all shopping mall operation service providers in China. It ranked second in terms of shopping mall management service revenues, and fifth in terms of property management service revenues among all property management companies in China.

As the Chinese legal adviser to the issuer, Jingtian & Gongcheng provided one-stop, end-to-end legal services for the IPO and listing of CR Mixc Lifestyle, including assets and business restructuring, legal due diligence, legal opinions and MOUs on special matters, and responding to regulatory inquiries.

With extensive experience in the property service industry, Jingtian & Gongcheng has acted on the IPO and listing of 16 property service companies in domestic and overseas stock markets, including CR Mixc Lifestyle (01209.HK), Jiayuan Services (01153.HK), Poly Property Services (06049.HK), KWG Living (03913.HK), Zhenro Services (06958.HK), Rsun Service (01971.HK), Ye Xing Group (01941.HK), Xinyuan PM (01895.HK), Hevol Services (06093.HK), Country Garden Services (06098.HK), Ocean Homeplus (837149.NEEQ), Clifford Modern Living (03686.HK), Xinming China (02699.HK), China Overseas Property (02669.HK), Zhong Ao Home (01538.HK) and Yida China (03639.HK). We strive to provide the best professional and targeted legal services for the investment, financing and further development of additional property companies.