LUZHENG FUTURES Company Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2020. For the year, the company expected to record an increase of approximately 80% to 100% in net profit attributable to the Shareholders for the year ended 31 December 2020 as compared to the corresponding period in 2019. Based on the information currently available, the Board believes that the growth of profits is mainly due to the following factors: the Group seized market opportunities to carry out various reforms, and optimized mechanisms to further stimulate the vitality of operating entities. It accelerated business transformation to improve online business and online customer service experience, which gave full play to the advantages of internet business mode and led to significant increase in income from brokerage business; and the over-the-counter options business maintained its leading position in the industry, resulting in increases in income from hedging business.