Ronshine China Holdings Limited provided earnings guidance for the year ended December 31, 2020. The company expected that the Group's profit attributable to owners of the company for the year ended 31 December 2020 will decrease by approximately 20% to 30%, as compared to that for the year ended 31 December 2019. The Group's cumulative contracted sales amounted to RMB 155.17 billion for the year ended 31 December 2020, representing an increase of 9.8% over that for the year ended 31 December 2019. The board remains optimistic about the recovery of results and future long-term development of the group and believes that the group will be able to restore its profit level as soon as possible.