MEIGU Technology Holding Group Limited provided group earnings guidance for the three months ended 31 March 2021. The board of directors of the Company informed the shareholders of the Company and potential investors that based on the preliminary review of the unaudited financial results of the Group for the three months ended 31 March 2021, the Group is expected to record a net loss of not less than RMB 400,000 for the three months ended 31 March 2021 as compared to a net profit of approximately RMB 234,000 for the three months ended 31 March 2020.