The Board of InvesTech Holdings Limited informed the shareholders of the Company and potential investors that, based on the Management Accounts of the Group for fiscal year 2019 and assessment of the information currently available to the Board, it is expected that the Group would record a decrease in net loss for fiscal year 2019 by approximately 50% to 60% as compared with that of approximately RMB 54.7 million for the year ended 31 December 2018. Taking into account the Fair Value Loss, it is expected that the Group would record an increase in total comprehensive loss for fiscal year 2019 by approximately 450% to 460% as compared with that of approximately RMB 43.9 million for the year ended 31 December 2018.