The board of directors (the "Board") of Country Garden Services Holdings Company Limited informed shareholders and potential investors of the company that, based on the preliminary assessment with reference to the unaudited consolidated management accounts of the Group for the six months ended 30 June 2018 and the information currently available to the Company, the unaudited consolidated net profit of the Group for the six months ended 30 June 2018 (the corresponding period in 2017: RMB 221 million) and the unaudited profit attributable to the shareholders of the Company for the six months ended 30 June 2018 (the corresponding period in 2017: RMB 202 million) are expected to record a significant increase by more than 110% as compared to that for the corresponding period in 2017. Such increase was mainly attributable to the combined effect of the increase in area of properties under the Group's management and revenue from community value-added services and value-added services to non-property owners, as well as the tax bonus generated by the preferential tax treatment of "high-tech enterprises" to Guangdong Country Garden Property Services Co. Ltd., a subsidiary of the Company in the People's Republic of China, which together brought about a significant increase in the unaudited consolidated net profit.