Weiye Holdings Limited provided earning guidance for the year ended 31 December 2021. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on its preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 currently available, it is expected to record a loss attributable to owners of the Company of approximately RMB 135 million for the year ended 31 December 2021 as compared to a profit attributable to owners of the Company of approximately RMB 23 million for the year ended 31 December 2020. Such expected decrease in profit is mainly attributable to a one-off gain on disposal of 100% equity interest in Huiyang Jinlida Property Management Co.

Ltd. of approximately RMB 178 million was recognized during the year ended 31 December 2020.