Greatime International Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2021. For the year, based on the preliminary assessment of the latest unaudited management accounts of the Group for the year ended 31 December 2021, the Group is expected to record a loss of not less than RMB 10 million for the Reporting Period as compared with a net profit of approximately RMB 8.9 million for the year ended 31 December 2020, which was primarily due to the increase in average production cost of the Group's garment products.