Xiwang Property Holdings Company Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2020. For the year, the company expects that the Group will record a consolidated net loss of not more than approximately RMB 11.2 million for the year ended 31 December 2020 as compared with a consolidated net loss of approximately RMB 52.0 million for the year ended 31 December 2019.