Doumob provided earnings guidance for the year ended December 31, 2021. Based on preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2021 (the "Year") and information currently available to the Company, it is currently anticipated that the revenue for the Year may maintain the relatively similar level as the corresponding period of 2020, while the expected net loss for the Year will range from approximately RMB 105 million to RMB 115 million, as compared to the net loss of RMB 74.8 million recorded in the corresponding period of 2020. Based on the information currently available, the expected increase in the net loss of the Group for the Year was mainly attributable to: In 2021, under the impacts of the epidemic and changes in the market environment, business operation was subject to great challenges.

While the Company was broadening income sources, controlling expenses, reducing costs and boosting efficiency, the Company also focused on the core mission of providing better services for customers, and continued to promote the upgrade of advertising platform services. The Company also continued to explore online marketing solutions and innovative software as a service ("SaaS") product by investing more human resources and market development costs, while bearing relatively high level of restructuring costs of old and new teams. As of the end of the Year, the Company has achieved breakthroughs in securing a number of strategic customers, but it will take time for the revenue to reach expectations. The Company follows the principle of prudence and the provisions of the expected credit losses or recognition of fair value losses on trade receivables, contract assets, other receivables, and financial assets at fair value through profit or loss of the Group in accordance with the Hong Kong Financial Reporting Standard 9 Financial Instruments, given the difficulties in operating environment under the ongoing impacts of the COVID-19.

The specific amount of such provisions or losses would be subject to the results of further evaluation and audit procedures conducted by the independent professional valuer engaged by the Company.