Greentown Service Group Co. Ltd. provided earnings guidance for the six months ended 30 June 2020. For the period, information, the company expected that the profit attributable to shareholders of the Company for the Relevant Period will increase by not less than 50% as compared to that for the six months ended 30 June 2019 of approximately RMB 234.37 million. The increase was primarily due to the following factors: (1) the steady increase in projects under management and gross floor area of properties under the management of the Group; and (2) the effect of social insurance relief policy during the COVID-19 outbreak.