Jianzhong Construction Development Limited provided earnings guidance for the eleven months Ended 30 November 2020. For the period, the group's consolidated revenue and profit after tax for the Relevant Period is expected to decrease by approximately 21% and 77% as compared to the corresponding period of 2019. The unaudited profits after tax of the Group amounted to approximately RMB 34.5 million for the Relevant Period. The Board considers that the said expected decrease was primarily attributable to, among other things, the adverse effect brought by the long lasting outbreak of COVID-19 on China's economy, including cashflow of construction sector.