SRE Group Limited provided consolidated earnings guidance for the six months ended June 30, 2021. The board of directors of the company inform the shareholders of the company and potential investors that based on preliminary review of the unaudited consolidated management accounts of the Group, it is expected that the Group's unaudited net loss and loss attributable to the owners of the Company for the six months ended 30 June 2021 will increase as compared to the unaudited net loss of RMB 56 million and loss attributable to the owners of the Company of RMB 51 million for the same period last year. The unaudited net loss for the Reporting Period is expected to be in the range of RMB 120 million to RMB 190 million. Such change in loss is mainly due to the fact that the Group continued to adhere to its strategic direction of becoming a regional developer of boutique residential properties'' and having real estate as its core business, so no significant assets or subsidiaries were disposed of in the first half of 2021, causing a year-on-year decline in the gain on disposal of investments.