Qeeka Home Cayman : POSITIVE PROFIT ALERT

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Qeeka Home (Cayman) Inc.

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(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1739)

POSITIVE PROFIT ALERT

This announcement is made by the board (the "Board") of directors of Qeeka Home (Cayman) Inc. (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

The Board wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that the Group is expected to record a net profit attributable to equity holders of the Company within a range of RMB30.0 million to RMB50.0 million for the year ended December 31, 2020, despite a net loss attributable to equity holders of the Company of approximately RMB10.7 million for the six months ended June 30, 2020, based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended December 31, 2020 and information available to the Board.

The improvement of financial condition is primarily due to a rapid increase of revenue derived from a surge of home renovation services orders following the re-opening of residential community districts in certain provinces and cities in the PRC in the third and fourth quarters that were closed down during the outbreak of the novel coronavirus pneumonia (COVID-19) ("Epidemic") and the lifting of relevant travel restrictions. Revenue from marketing solutions to Interior Design and Construction service providers also increased when business activities resumed to normal.

However, Shareholders and potential investors should note that the Company is still in the process of finalizing the annual results of the Group for the year ended December 31, 2020. The information contained in this announcement is only based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended December 31, 2020 prepared based on the Company's best estimation and judgements, which have not been reviewed by the Company's Audit Committee and without taking into account any other possible provisions, which has not been confirmed or audited by the Company's auditors and may be subject to adjustments. Shareholders and potential investors should carefully read the Group's annual results announcement for the year ended December 31, 2020 which is expected to be published by the end of March, 2021.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

Qeeka Home (Cayman) Inc.

DENG Huajin

Chairman & Chief Executive Officer

Shanghai, the PRC, March 5, 2021

As at the date of this announcement, the Board comprises Mr. DENG Huajin, Mr. TIAN Yuan and Mr. GAO Wei as executive Directors; Mr. LI Gabriel, Ms. PING Xiaoli and Mr. ZHAO Guibin as non-executive Directors and Mr. ZHANG Lihong, Mr. CAO Zhiguang and Mr. WONG Man Chung Francis as independent non-executive Directors.