Kidztech Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2020. The group expects to record (i) a revenue of approximately RMB 295.9 million for the year ended 31 December 2020 (the Fiscal year 2020) when compared with the revenue of RMB 325.8 million recorded for the year ended 31 December 2019 (Fiscal year 2019), representing a decrease of approximately 9.2%; and (ii) a net profit of approximately RMB 24.1 million for Fiscal year 2020 when compared with a net profit of RMB 35.4 million recorded for Fiscal year 2019, representing a decrease of approximately 31.9%. If the one-time listing expenses are excluded, a net profit of approximately RMB 36.6 million is expected to be recorded for Fiscal year 2020 when compared with a net profit of RMB 51.8 million recorded for Fiscal year 2019, representing a decrease of approximately 29.3%.