CHAIRMAN S STATEMENT Dear Shareholders, I would like to thank all Shareholders of Weimob Inc. for their firm trust and support in 2020. 2020 was a year full of challenges and opportunities for the Company. Amid the global economic shock of the COVID-19 epidemic, we swung for the fences and seized the opportunities brought by the epidemic to develop online digital economy, and provided a digital business operating system for customers to facilitate their digital operations. By formulating the Group s strategy of moving up-market (「大客化」), ecosystem build-up (「生態化」) and globalization (「國際化」), we achieved rapid growth against the trend in spite of the impact of the epidemic in our two core businesses, Digital Commerce and Digital Media.
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;