Hengxin Technology Ltd. provided earnings guidance for the year ended 31 December 2020 and other information currently available to the Company, notwithstanding the impact of the COVID-19 pandemic, the Group remained profitable from continuing operations for the Reporting Period. However, such unaudited net profit is anticipated to decline by around 45% to 55% as compared with the audited consolidated net profit of approximately RMB 113,471,000 for the year ended 31 December 2019.