Jiande International Holdings Limited provided earnings guidance for the six months ended June 30, 2020. Based on preliminary assessment by the management of the Company on the unaudited consolidated management accounts of the Company for the six months ended 30 June 2020 and the information currently available, the Group is expected to record a net profit attributable to owners of the Company for the six months ended 30 June 2020 in the range of RMB 89 million to RMB 109 million, as compared to a net profit attributable to owners of the Company of approximately RMB 14.93 million for the six months ended 30 June 2019. The expected substantial growth of profit was primarily due to the increase in revenue and gross profit from the Group's property development business.