Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited provides earning guidance for the year ended 31 December 2021. It is expected that the net profit of the Group for the Year substantially increased by a range of approximately RMB 15.0 million to RMB 20.0 million as compared to the net profit of the Group of approximately RMB 28.1 million for the year ended 31 December 2020. The expected increase in the net profit of the Group for the Year was mainly attributable to (i) an increase in revenue due to increase in rental rate as a result of the renewal of the lease agreements with the tenants in the second half of 2020, and (ii) an increase in valuation gains on investment properties for the Year.