China Tianbao Group Development Company Limited provided consolidated earnings guidance for the year ended December 31, 2021. For the year, the company preliminarily estimated that net profit of the Group for the Year will range from RMB 35 million to RMB 50 million, representing a decrease of approximately 80% to 90% as compared to the net profit of the Group of approximately RMB 332 million for the year ended December 31, 2020.