KWG Living Group Holdings Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2020. For the year, the company expected to record a significant increase in the unaudited total profits for the Year of not less than 70% as compared with that for the corresponding period in 2019. Such increase is mainly attributable to: the adoption of pro-active strategies by the Group for external expansion and mergers and acquisitions, resulting in a significant increase in gross floor area under management in residential and commercial projects; and the continuous deepening of standardized operation and enhancement of the Group's operational efficiency through advanced technologies, which brought notable results.