The Board informed the shareholders of DTXS Silk Road Investment Holdings Company Limited and potential investors that based on the preliminary review of the unaudited management accounts of the Group and currently available information to the Board, the Group may record a loss attributable to owners of the Company for the year ended 31 December 2021 of approximately HKD 34 million as compared with a profit of approximately HKD 30 million for the same period last year. Such loss was mainly attributable to the decrease in auction commission income, change in fair value of the investment property and the allowance for the expected credit losses on receivables made by the Group from the continuing operations as a result of the challenging economic conditions during the year. As the Company is in the process of finalising the consolidated financial results of the Group for the year ended 31 December 2021, the information contained in this announcement is only based on the preliminary assessment with reference to the information currently available to the management which has not been audited or reviewed by the Company's auditor.

The Group's consolidated financial results and performance for the year ended 31 December 2021 will be published by the end of March 2022.