Guangzhou R&F Properties Co., Ltd. provided earnings guidance for the year 2020. For 2020, the Group's attributable contracted sales target has been set at RMB 152 billion, approximately 10% more than its actual contracted sales for 2019. This target will be achieved from sales of over 230 projects, RMB 270 billion in saleable resources. For 2020, the Group plans to deliver approximate 9,390,000 sq.m. saleable area of development properties.