Based on a preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 December 2020 (the ``Review Period'') and currently available information, the board of directors of Hop Hing Group Holdings Limited anticipates that the Group will record a consolidated loss attributable to shareholders of the company of not more than RMB 90 million for the Review Period, as compared to a consolidated profit attributable to shareholders of the company of RMB 104 million in 2019.