ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2018

06 Nov ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2018

ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2018

Issued Date: 21/03/2019

Financial Highlights of 2018 Annual Results:

• For the financial year ended 31 December 2018, the Group’s profit attributable to equity shareholders of the Company and revenue amounted to approximately RMB36.6 million (2017: approximately RMB24.3 million) and approximately RMB61.7 million (2017: approximately RMB66.7 million) respectively.

• For the year ended 31 December 2018, basic earnings per share was approximately RMB0.08 as compared to basic earnings per share of approximately RMB0.07 for the corresponding period of last year.

• The Directors did not recommend the declaration of final dividend for the year ended 31 December 2018 (2017: nil).

The Group also is seeking for quality investment projects in the PRC. We adopt the “strong-strong cooperation” approach to increase the chance of internal cooperation with Everbright Group and together to develop and integrate relevant high-quality properties. We also expect to jointly develop and expand our asset size with strong investors in the PRC to further increase profit for the Group and realize a sizable upgrade in asset quality to give back to our shareholders.