Beijing Jingcheng Machinery Electric Company Limited provided earnings guidance for the year ended December 31, 2021. For the year ended December 31, 2021, the company expects upon the preliminary calculation by the financial department, the company is expected to continue to record a loss in operating results of 2021 and the net loss attributable to the shareholders of the Company is approximately RMB 22.500 million to RMB 26.500 million, with the loss increasing by approximately RMB 178.9318 million to RMB 182.9318 million as compared to the same period of last year. The net loss attributable to the shareholders of the company after deducting the non-recurring profits and losses is approximately RMB 33.500 million to RMB 37.500 million, with the loss decreasing by approximately RMB 94.0582 million to RMB 90.0582 million as compared to the same period of last year.