The increase in the annual caps for the Property Management and Related Services as compared to the historical transaction amounts for the Track Record Period is primarily due to (i) the expected increase in GFA to be delivered by the Evergrande Associates and to be managed by our Group for the three years ending December 31, 2022 as estimated with reference to our existing signed contracts with the Evergrande Associates for Property Management and Related Services and our understanding of the future property development plans of the Evergrande Associates; (ii) the expected increase in staff cost for the provision of pre-delivery services based on the estimated increase in the number of staff, taking into account the expected increase in the number of projects under development of the Evergrande Associates for the three years ending December 31, 2022; and (iii) the estimated increase in the number of sales centers for the three years ending December 31, 2022.