Anxian Yuan China Holdings Limited announced that based on the information currently available to the Company and the preliminary assessment by the Company 's management with reference to the latest unaudited consolidated management accounts of the Group for the year ended 31 March 2021, the Group is expected to record a significant increase by more than 50% in net profit for the year ended 31 March 2021 as compared with that of the year ended 31 March 2020. Such increase is mainly because: the Group recorded an increase in gross profit by more than 15% year-on-year. Such increase was primarily due to the sales of new types of tombs in several high-end cemeteries with higher selling price and better cost control of new types of tombs during the year.