The board of directors of Hi Sun Technology (China) Limited informed the shareholders and prospective investors of the company that following preliminary review of the information which includes, but without limitation to, the unaudited management accounts of the Group for the ten months ended 31 October 2020, which have not been audited or reviewed by the auditors of the company and other information currently available to the Group, the operating profit for the ten months ended 31 October 2020 has significantly decreased by approximately 45% as compared with that for the ten months ended 31 October 2019. The Group is expected to record a significant decrease in operating profit for the year ending 31 December 2020 as compared to the operating profit of approximately HKD 578.2 million for the year ended 31 December 2019 primarily due to the effects of the COVID-19 outbreak and epidemic prevention and control measures.