Da Sen Holdings Group Limited provided earnings guidance for the year ending December 31, 2021. For the year, the group expected to record a reduction in the net loss from continuing operations as compared to the net loss from continuing operations of approximately RMB 211.3 million for the year ended December 31, 2020. The Directors consider that the expected improvement of the Group's financial performance for year ended December 31, 2021 is mainly due to the net effect of narrowing of the gross loss as compared to the corresponding period in 2020; less total impairments against trade and other receivables balance, the inventories balance, the property and plant and equipment balance as compared to the corresponding period in 2020; and partially offset by increase in administrative expenses as compared to the corresponding period in 2020.