Shentong Robot Education Group Company Limited provided consolidated earnings guidance for the nine months ended December 31, 2021. The board of directors of the company inform the shareholders of the company and potential investors of the company that, based on a preliminary assessment on the consolidated management accounts of the Group for the nine months ended 31 December 2021, the Group is expected to record an increase in consolidated net loss to not more than HKD 80 million and increase of consolidated revenue to approximately HKD 9.5 million to HKD 9.7 million. The deterioration of results was primary due to the derecognition on intangible assets upon the expiration of the China Robot Competition authorization amounting approximately HKD 90 million.