China Success Finance Group Holdings Limited provided earnings guidance for the six months ended 30 June 2021. For the period, the company expects to record a turn from net loss to net profit during the Interim Period as compared to the same period last year, from net loss of approximately RMB17.12 million to net profit of approximately RMB6.3 million, which amounts to an increase of approximately 137%. The turn from net loss to net profit is mainly attributable to the significant reduction in the Group's amortized costs, expenses and losses in the Interim Period and the Group's income and revenue generated in the Interim Period exceeding such reduced costs. The significant reduction in the Group's amortized costs, expenses and losses in the Interim period is mainly attributable to: the significant reduction in the Group's operating expenses and investment losses in joint venture enterprises during the Interim Period as compared to the same period last year; and the significant reduction in the Group's asset impairment loss and reversal of provision in the Interim Period of approximately RMB5.1 million. The Group is expected to record revenue of approximately RMB62.4 million in the Interim Period, representing a decrease of approximately 17% from the same period last year. The main reasons for the decline in revenue were: the decrease in new guarantee business during the Interim Period because of the adjustment of business structure; and the decrease in guarantee income recognized in the Interim Period from deferred revenue of previous years as a result of the gradual maturity of the existing guarantee business.