Suncity Group Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2021. The board of directors of the Company wishes to inform the shareholders of the Company ("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 2021 (the "Reporting Period"), the Group is expected to record a loss for the year attributable to Shareholders of not less than approximately HKD 526.5 million as compared to the profit for the year attributable to Shareholders of approximately HKD 795.7 million for the year ended 31 December 2020. Attributed to the completion of disposal of a subsidiary (the "Discontinued Operations") as disclosed in the announcement of the Company dated 30 June 2021, the Company's functional currency and the presentation currency of the Company's and the Group's financial statements have been changed to Hong Kong dollar ("HKD") during the Reporting Period, which shall better reflect and present the consolidated financial results to the Shareholders. As a result, the comparative information of the Group's consolidated financial statements has been restated and presented in HKD as if HKD had been the Group's presentation currency for the prior periods. Details of the changes in functional currency and presentation currency of the Company and the Group and the financial impacts will be further disclosed in the annual results announcement and the annual report for the Reporting Period of the Group.