Sing Lee Software (Group) Limited provided earnings guidance for the year ended December 31, 2020. For the year, the group expects to record a loss of not more than RMB 35,000,000 as compared to a net profit of approximately RMB 25,004,000 for the year ended December 31, 2019. The turnaround from profit to loss was mainly attributable to a significant decrease in revenue due to the COVID-19 pandemic.