Newborn Town Inc. announced earnings guidance for the first quarter 2021. The company announced that during the first quarter of 2021, the value-added service business revenue of the Group is expected to reach approximately RMB 367 to RMB 387 million, representing an increase of over 80 times as compared to the corresponding period in 2020, which recorded an explosive growth. The company traffic monetisation business revenue is expected to reach approximately RMB 137 to RMB 157 million, representing an increase of approximately 65% as compared to the corresponding period in 2020, which recorded a significant growth. In particular, value-added service business revenue represents revenue from in-app purchase, and traffic monetisation business revenue represents revenue from in-app traffic monetisation business and revenue from mobile advertising platform and related business.