The board of directors of Binjiang Service Group Co. Ltd. provided earnings guidance for the year ended December 31, 2020. The company announced that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended December 31, 2020 and the information currently available, it is expected that the Group's consolidated net profit attributable to equity holders of the Company for the year ended December 31, 2020 will increase by more than 70% as compared with the consolidated net profit attributable to equity holders of the Company for the year ended December 31, 2019 before deducting the listing expenses. The increase in consolidated net profit was mainly due to (1) the increase in projects under management and gross floor area of properties under the management of the Group; (2) the increases in revenue of value-added services for property owners and non-property owner; and (3) the effect of social insurance relief policy during the COVID-19 outbreak.