Lvji Technology Holdings Inc. provided earnings guidance for the year ended December 31, 2021. For the year, the company expects to record (i) an increase of over 25% in revenue for the Year as compared to 2020 (for the year ended December 31, 2020: RMB295.1 million); and (ii) a net loss of not more than RMB3.5 million for the Year as compared to a net loss of RMB 100.6 million for the year ended December 31, 2020, representing a significant decrease in net loss. The decrease in net loss of approximately MYR B97.1 million in the year ended December 31, 2021
as compared to the year ended December 31, 2020 was mainly due to the increase in revenue of over 25% and the decrease in impairment losses resulting from the success in overcoming the
negative impacts caused by the resurgence of the pandemic, a significant growth in the sales of online tour guide driven by the proactive measures, as well as the proactive measures to control
operating costs and the initial success in implementing the strategy of "increasing revenue and reducing expenses". The Company will continue to implement this strategy, and is confident
that company will be able to seize the opportunities brought by the recovery of the tourism industry and continuously improve the Group's results in the future.