INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2020

05 Nov INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2020

INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2020

Issued Date: 29/08/2020

Financial Highlights of 2020 Interim Results:

• For the six months ended 30 June 2020, the Group’s revenue and profit attributable to equity shareholders of the Company amounted to approximately RMB25.5
million (six months ended 30 June 2019: approximately RMB37.8 million) and approximately RMB13.9 million (six months ended 30 June 2019: approximately
RMB18.7 million), respectively.

• For the six months ended 30 June 2020, basic earnings per share of the Group was approximately RMB0.03 (six months ended 30 June 2019: approximately
RMB0.04).

• The Board does not recommend the payment of an interim dividend for the six months ended 30 June 2020 (six months ended 30 June 2019: Nil).

Looking to the future, the COVID-19 pandemic will be further controlled effectively in China. As a result, China will take the lead in economic recovery, and its relative advantages compared to other countries across the world will be further enhanced, giving special stability to China’s economy. The Group will continue to cooperate with anti-epidemic measures adopted by the local government authorities, implement epidemic containment work, improve its property management standard and market competitiveness, create new customer channels, and control cost-effective ratios. At the same time, the Group will maintain a rational property investment strategy, continue to identify commercial buildings with long-term growth potential and rental value, and seize opportunities to expand the property management market. The Group has sufficient resources in terms of capital and capability to capture opportunities and overcome challenges, and protect the long-term interests of its shareholders as a whole.