Highlights

• Overall operation achieved a sound growth momentum with new orders growth of over 30% year-on-year;
• Revenue amounted to approximately RMB3,109 million, up by 14.5% year on year;
• Revenue from Three New Business surpassed RMB1 billion for the first time in a half-year, up by 81.4% year on year, and its proportion to the total revenue increased to 32.3%;
• COVID-19 caused the delay in delivery and inspection of projects, creating short-term pressure on profits.