Values Cultural Investment Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, it is expected that the Group will record a net loss ranging from approximately RMB 25.0 million to RMB 30.0 million for the Reporting Period, as compared to the Group's net loss amounting to approximately RMB 6.5 million for the six months ended 30 June 2020.