Country Garden Services : INSIDE INFORMATION POSITIVE PROFIT ALERT

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COUNTRY GARDEN SERVICES HOLDINGS COMPANY LIMITED ၀࣭෤؂ਕછٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 6098)

INSIDE INFORMATION POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the SFO.

The Board wishes to inform shareholders and potential investors of the Company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the twelve months ended 31 December 2020 and the information currently available to the Company, the unaudited consolidated revenue, profit before tax, net profit and profit attributable to the shareholders of the Company for the twelve months ended 31 December 2020 are expected to record an increase by more than 50% as compared to that for the corresponding period in 2019.

This announcement is made by Country Garden Services Holdings Company Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

The board of directors of the Company (the "Board") wishes to inform shareholders and potential investors of the Company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the twelve months ended 31 December 2020 and the information currently available to the Company, for the twelve months ended 31 December 2020, (i) the unaudited consolidated revenue of the Company (the corresponding period in 2019: approximately RMB9,644.9million), (ii) the unaudited consolidated profit before tax of the Company (the corresponding period in 2019: approximately RMB2,076.1million), (iii) the unaudited consolidated net profit of the Company (the corresponding period in 2019: approximately RMB1,718.4million), and (iv) the unaudited consolidated profit attributable to the shareholders of the Company (the corresponding period in 2019: approximately RMB1,670.7million) are expected to record an increase by more than 50% as compared to that for the corresponding period in 2019. Such increase was mainly attributable to the increase in area of properties under the Group's management, and the comprehensive growth in the revenue from the community value-added services and the city services business.

As the Company is still in the process of preparing and finalising the annual results of the Group for the twelve months ended 31 December 2020, the information contained in this announcement is only based on the preliminary review by the Company's management team of the unaudited consolidated management accounts of the Group for the twelve months ended 31 December 2020 and the information currently available to the Company, which have not been confirmed or reviewed by the auditors or the audit committee of the Company and may therefore be subject to change.

Shareholders and potential investors of the Company should read the Company's annual results announcement for the twelve months ended 31 December 2020 carefully, which is expected to be published in late March 2021.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

Country Garden Services Holdings Company Limited

LI Changjiang

Executive Director

Foshan, China, 26 February 2021

As of the date of this announcement, the executive directors of the Company are Mr. LI Changjiang, Mr. XIAO Hua and Mr. GUO Zhanjun. The non-executive directors of the Company are Ms. YANG Huiyan (Chairman), Mr. YANG Zhicheng and Ms. WU Bijun. The independent non-executive directors of the Company are Mr. MEI Wenjue, Mr. RUI Meng and Mr. CHEN Weiru.