Maoyan Entertainment provided consolidated earnings guidance for the year ended December 31, 2021. The revenue of the Group for fiscal year 2021 is expected to range between approximately RMB 3,300 million and RMB 3,400 million, which represents an increase of approximately 141.6% to 149.0% as compared to the revenue of the Group for the year ended December 31, 2020 ("FY2020") of RMB 1,365.7 million; the net profit attributable to the owners of the company to be recorded by the group for fiscal year 2021 is expected to range between approximately RMB 350 million and RMB 400 million, while the Group recorded a net loss attributable to the owners of the company of approximately RMB 646.3 million for fiscal year 2020.