Country Garden Services Holdings Company Limited provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2018. The company, net profit of the group for the twelve months ended 31 December 2018 (the corresponding period in 2017: RMB 440 million) and the unaudited consolidated net profit attributable to the shareholders of the company for the twelve months ended 31 December 2018 (the corresponding period in 2017: RMB 402 million) are expected to record a significant increase by more than 100% as compared to that for the corresponding period in 2017. Such increase was mainly attributable to the increase in area of properties under the Group's management, the comprehensive growth in revenue from community value-added services and value-added services to non-property owners, as well as the employment of technology, the reduction in costs and increase in efficiency, and decrease in taxes payable by the Group, which altogether brought about a corresponding increase in the consolidated net profit.