ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2019

05 Nov ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2019

ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2019

Issued Date: 27/03/2020

Financial Highlights of 2019 Annual Results:

• For the year ended 31 December 2019, the audited revenue increased to approximately RMB71.3 million, representing an increase of approximately 15.6% as compared to approximately RMB61.7 million of last year.

• For the year ended 31 December 2019, the profit attributable to equity shareholders of the Company amounted to approximately RMB37.3 million, representing an
increase of approximately 1.9% as compared to approximately RMB36.6 million of last year.

• For the year ended 31 December 2019, basic earnings per share was approximately RMB0.08.

• The Board recommends the payment of a final dividend of RMB2.03 cents (equivalent to HK2.22 cents) per ordinary share for the year ended 31 December 2019 (2018: Nil).

Looking forward, the work on epidemic prevention and control is gradually achieving results, the Group is confident that the Chinese government and people can combat and overcome this battle in the near future. There will be no change in the positive development of the PRC economy in long run. The Group will endeavor to adhere its strategic position in investing in commercial buildings, explore potential overseas markets prudently and optimistically seek for business opportunities with expansion in markets such as London, the United Kingdom. To improve the Group’s corporate competitiveness through balancing its domestic and overseas investments portfolio, furthermore, to enrich the Group’s property portfolio by acquiring properties which have a healthy net initial return and good prospect for commercial leasing with a view in the best interests of the shareholders as a whole.