Greentown China Holdings Limited provided operating guidance for the full year 2020. In 2020, the total saleable area of is expected to reach approximately 16.96 million sqm, with a total saleable amount of approximately RMB 358.3 billion. Of these, investment projects are expected to provide a saleable area of approximately 10.45 million sqm, and a saleable amount of approximately RMB 267.4 billion, (of which approximately RMB 63.5 billion will be attributable to inventory property projects in 2019; approximately RMB 203.9 billion is expected to be new saleable properties). The total saleable area in first- and second-tier cities is expected to be approximately 7.72 million sqm, and the saleable amount is expected to be approximately RMB 212.4 billion, representing 79% of the saleable amount for investment projects in 2020. In addition, the saleable area of Greentown Group's projects under project management is estimated to reach approximately 6.51 million sqm, with a saleable amount of approximately RMB 90.9 billion.