The board (the "Board") of directors (the "Directors") of Creative China Holdings Limited informed the shareholders of the Company (the "Shareholders") and potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the nine months ended 30 September 2020 (the "Period") and the information currently available to the Board, the Company expects to record a profit attributable to the owners of the Company of approximately RMB 11 million for the period as compared to a profit attributable to the owners of the Company of approximately RMB 8,000 for the corresponding period in 2019. The Board considers that the expected increase in the Group's net profit for the Period is mainly attributable to (i) the increase of sales in the provision of planning, promotion services and resources integration and (ii) an improvement in gross profit margin.