The board of directors of Vanke Overseas Investment Holding Company Limited informed shareholders of the Company (the "Shareholders") and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2021 (the "Period") and the information currently available to the Company, it is expected that the Group will record an increase in profit attributable to the Shareholders for the Period of no less than 390% as compared to the profit attributable to the Shareholders being approximately HKD 54.9 million recorded in the consolidated management accounts of the Group for the six months ended 30 June 2020. The Board is of the view that the estimated increase in profit attributable to the Shareholders for the Period is mainly caused by the combined effect of the increase in net profit generated from the asset management services provided by the Group; the increase in the fair value of an investment property of the Group; and the increase in share of profit from an associate due to the one-off termination fee received from the tenant for terminating the lease for an investment property which is owned by the associate of the Group.