Zhong An Group Limited provided earnings guidance for the six months ended 30 June 2021. For the period, the company expects to record a decrease of approximately 80% to 90% in the unaudited consolidated net profit for the 2021 Period as compared to the six months ended 30 June 2020. The decrease in net profit was mainly attributable to the fact that the Group recorded an unaudited fair value gain upon transfer to investment properties in the amount of approximately RMB 356.8 million for the 2020 Period which was not available in the 2021 Period. Notwithstanding the above, a significant increase of approximately 60% in gross profit for the 2021 Period as compared to the 2020 Period are expected to be recorded as a result of the strong sales of completed residential and commercial real estate development projects as part of the Group's core business. As such, the Board considers the Group's core business and the overall financial position remain robust and healthy.