Meta Media Holdings Limited provided earnings guidance for the year ended 31 December 2021. For the period, the Group is expected to record a net profit not less than RMB 1 million for FY2021 as compared to the net loss amounted to approximately RMB 70 million for the year ended 31 December 2020. Based on the relevant information currently available to the Company, the Board considers that the expected turnaround from net loss to net profit of the Group was mainly due to the improvements in the performance of the Group's various business lines in 2021 resulting from the Group's continuous innovation and expansion of the business model despite the adverse impacts brought by the outbreak of COVID-19 in Mainland China and Hong Kong on the Group's business and operation.