The board of directors of Capinfo Company Limited announced that, based on the preliminary review of the relevant unaudited consolidated management accounts of the Group, the profit attributable to the owners of the Company for the year ended 31 December 2019 will increase by no less than 100% as compared to that for the year ended 31 December 2018. According to the relevant information currently available to the Company, the Board believes that the substantial increase in the Group's expected profit is mainly due to the facts that: (1) the Company has continuously consolidated its platform foundation, including good progress in technology research and development, cloud platforms and integrated network platforms, which has strengthened the fundamental development impetus of the Company; and (2) the Company has steadily developed its existing business, and a number of key projects have been executed in an orderly manner and successfully completed acceptance. At the same time, the Company has actively expanded its emerging business and thus further expanded its customer base, which has in turn driven its revenue and profit growth.