The board of directors of Haina Intelligent Equipment International Holdings Limited (the "Board") informed the shareholders of the Company (the "Shareholders") and potential investors that, based on the preliminary review of currently available unaudited financial information, the Group is expected to record an increase in unaudited consolidated net profit attributable to owners of the Company and unaudited consolidated net profit attributable to owners of the Company (excluding the effect of listing expenses) for the year ended 31 December 2020 by more than 60% as compared to that for the year ended 31 December 2019. The aforementioned increase was mainly due to the outbreak of coronavirus disease, resulted to a strong demand for medical disposable face mask machines of the Group, which was introduced to the market since February 2020.