Shanshan Brand Management Co., Ltd. provided unaudited consolidated earnings guidance for the year ended December 31, 2021. Based on the preliminary review of the latest unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and other information currently available, it is expected that the Group would record a consolidated net profit of not less than RMB 8.0 million for the Year, as compared with the audited consolidated net loss of approximately RMB 75.9 million for the year ended 31 December 2020.