Sinic Holdings (Group) Company Limited provided earning guidance for the six months ended June 30, 2020. For the period, the Group is expected to record a significant increase of not less than 60% in the net profit attributable to the owners of the company as compared with approximately RMB 449 million in the corresponding period of last year. The increase in net profit attributable to the owners of the Company for the Period was primarily attributable to the increase in the average selling price and total gross floor area of properties delivered by the Group during the Period.