Tian An China Investments Company Limited provides earnings guidance for the year ended December 31, 2021. The Attributable Profit for the year ended 31st December, 2021 is expected to have a significant increase ranging from 125% to 135% as compared with the Attributable Profit of approximately HKD 618.0 million for the year ended 31st December, 2020. The primary reasons for the increase in the expected Attributable Profit for the year ended 31st December, 2021 were (i) an increase in gross profit for the year ended 31st December, 2021 compared with the year ended 31st December, 2020, which was mainly attributable to the contribution from revenue recognition of a residential project in southern China with development completed and handed over to customers during the year ended 31st December, 2021; and (ii) an increase in the fair value gain on transfer of inventories of completed properties to investment properties for the year ended 31st December, 2021 compared with the year ended 31st December, 2020, which was mainly attributable to a fair value gain of an investment property of the Group, being a newly completed commercial and entertainment complex in Shanghai, the People's Republic of China.