The board of directors of Zhenro Properties Group Limited announced that based on preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2021 and the other information currently available, it is expected that the Group will record a decrease of not more than 70% in the profit attributable to owners of the parent for the year ended 31 December 2021 as compared to that for the year ended 31 December 2020.