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RESUMPTION OF TRADING 2020 ANNUAL RESULTS HIGHLIGHTS Achieved contracted sales for the year ended December 31, 2020 (the Reporting Period ) of RMB18,532.2 million with corresponding gross floor area ( GFA ) of approximately 1,014,003 sq.m.; Revenue for the Reporting Period was RMB5,768.9 million, of which the revenue from property development was RMB5,016.8 million; Gross profit for the Reporting Period was RMB1,045.5 million; Profit for the year, excluding the one-off loss on disposal of the eight real estate project companies, was approximately RMB255.7 million; Land reserves reached a total GFA of 9,598,769 sq.m. and the average cost of land reserves was RMB3,831.5 per sq.m. for the Reporting Period;