Dalipal Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2020. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 and other information currently available to the board of directors of the Company, the Board would like to inform shareholders of the Company and potential investors that the Group expects to record a net loss in the range of RMB 120 million to RMB 140 million for FY2020 as compared to the Group's net profit of approximately RMB 337.4 million for the year ended 31 December 2019.