HK Stock Market Move | CC NEW LIFE (09983) dropped nearly 20%, with a year-on-year reduction in net profit of 26.61% and no final dividend.

CC NEW LIFE (09983) fell nearly 20%, as of the time of publication, it fell by 19.61%, closing at HKD 0.41, with a turnover of HKD 1.5351 million. On the news front, on the evening of March 20, CC NEW LIFE released its annual results for the year ended December 31, 2025. The company achieved revenue of RMB 2.768 billion, a decrease of 6.22% year-on-year; the company's shareholders' profit attributable to the owners amounted to RMB 157 million, a decrease of 26.61% year-on-year. The board of directors at the board meeting held on March 20, 2026, did not recommend declaring a final dividend for the year ended December 31, 2025. During the period, the total managed area of the group was 195 million square meters, a decrease of 2.3 million square meters compared to December 31, 2024, representing a decrease of 1.2%. The decrease in the managed area was mainly due to the group voluntarily withdrawing management of some loss-making communities.