Shanghai Realway Capital Assets Management Co., Ltd. provided earnings guidance for the year ended December 31, 2021. The Board informed the shareholders of the Company and potential investors that, based on the information currently available to the board of directors of the Company and the preliminary review of the latest unaudited consolidated financial information of the Group, the Group is expected to record a net loss of not less than RMB 37.0 million for the year ended 31 December 2021 as compared to the audited net profit of approximately RMB 7.8 million recorded for the year ended 31 December 2020.