Creative China Holdings Limited provided preliminary unaudited consolidated earnings guidance for the three months period ended March 31, 2021. The company expects to record a profit attributable to the owners of the company of approximately RMB 3.2 million for the period as compared to a loss attributable to the owners of the company of approximately RMB3.3 million for the corresponding period in 2020. The Board considers that the expected increase in the Group's net profit for the Period is mainly attributable to (i) online advertising; (ii) relevant business derived from artist management; and (iii) an improvement in gross profit margin.