Perfect Optronics Limited provided earnings guidance for the year ended 31 December 2021. Based on the initial assessment of the unaudited consolidated management accounts of the Group, it is expected that the Group may record a substantial increase in the consolidated loss attributable to equity holders of the Company from approximately HKD 16,883,000 for 2020 to around HKD 40 million for 2021, principally due to a significant amount of fair value loss on the Group's financial asset at FVTPL in respect of its investment in Mobvoi that may be recorded for 2021 and the increase in distribution and selling expenses of the Group for 2021 as compared to 2020.