Smoore International Holdings Limited provides unaudited consolidated earnings guidance for the year ended 31 December 2021. for the year, the company expects Profit and total comprehensive income of the Group in the range of RMB 5,024.0 million to RMB 5,552.9 million as compared to RMB 2,399.9 million a year ago. Profit and total comprehensive income of the Group increased by approximately 109.0% to 131.0% as compared to a year ago, this was mainly due to the absence of (a) fair value changes in financial instruments and (b) listing expenses for fiscal year 2021 (where the corresponding fair value losses and listing expenses for fiscal year 2020 were approximately RMB 1,130.6 million).

The share-based payment expenses related to pre-IPO share option scheme for fiscal year 2021 were approximately RMB 155.6 million (where the corresponding expenses for fiscal year 2020 were approximately RMB 362.9 million).