Lajin Entertainment Network Group Limited Reports Earnings Results for the First Quarter Ended March 31, 2021

Lajin Entertainment Network Group Limited is a Hong Kong-based investment holding company principally engaged in the media and entertainment businesses. The Company operates through two business segments. The Artists Management segment is mainly engaged in the provision of artists management services. The Movies, Television (TV) programs and Internet Contents segment is engaged in the investment, production and distribution of movies, TV programs and investment in Internet contents. The Company mainly conducts its businesses in Hong Kong and the People’s Republic of China (the PRC). The Company is also engaged in the cultural and entertainment related businesses through its subsidiaries.