Jiande International Holdings Limited provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2020. The company Group is expected to record a net profit attributable to owners of the company for the year ended 31 December 2020 in the range of RMB 90 million to RMB 110 million, as compared to a net profit attributable to owners of the company of approximately RMB 33.14 million for the year ended 31 December 2019. The expected substantial growth of profit was primarily due to the increase in revenue and gross profit from the Group's property development business.