ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

22 Oct ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

Issued Date: 29/03/2023

Financial Highlights of 2022 Annual Results:

• For the financial year ended 31 December 2022, the Group’s revenue and profit attributable to equity shareholders of the Company amounted to approximately RMB52.3 million (2021: approximately RMB52.7 million) and approximately RMB22.1 million (2021: approximately RMB32.7 million), respectively.

• For the financial year ended 31 December 2022, basic earnings per share for the year ended 31 December 2022 was approximately RMB0.05 (2021: RMB0.07).

• Final dividend of RMB1.90 cents (equivalent to HK2.17 cents) per ordinary share (2021: RMB0.99 cents) for the year ended 31 December 2022. The full year dividend amounts to RMB1.90 cents per share (2021: RMB3.35 cents per share).

Looking forward to 2023, there are still many uncertainties in global economy and business environment for enterprises. However, as all regions of China are gradually emerging from the shadow of the COVID-19 pandemic, the central government is also gradually relaxing its regulation on the property industry in an orderly manner and is actively promoting the improvement of operating cash flows of developers, resulting in signs of recovery in property sales in mainland China. At the same time, the state has launched a series of encouraging policies to support and promote the development of the property management industry, which resulted in a significant emphasis on the role of the industry in the country’s development. The Group remains cautiously optimistic about the development of the property management industry in 2023.