Value Partners Group Limited provided earnings guidance for the year ended 31 December 2021. The board of directors of the Company (the "Board") wishes to inform shareholders of the Company (the "Shareholders") and potential investors that, based on preliminary review of the latest available financial information of the Company, consolidated profit attributable to owners of the Company is expected to be about HKD 450 million for the year ended 31 December 2021 (unaudited estimate), declining by approximately 67% from HKD 1,379 million for the year ended 31 December 2020. The expected decrease in consolidated profit attributable to owners of the Company is mainly attributable to a reduction in performance fee income (2021 unaudited estimate: HKD 200 million; 2020: HKD 1,468 million) as returns for most of the relevant funds under management did not surpass their previous high watermark or benchmark as at 31 December 2021.