P.B. Group Limited reported profit guidance for the year ended December 31, 2020. The board (the "Board") of directors (the "Directors", and each, a "Director") of the Company wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 (the "Year"), the Group is expected to record a decline of profit attributable to the equity owners of the Company by approximately 30% for the Year as compared with that of approximately CNY7.4 million for the year ended 31 December 2019.