Chanjet Information Technology Company Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, it is expected that the Group will record an increase in revenue of 3% to 8% for the six months ended 30 June 2021, as compared to that of the same period of 2020, while the Group will record a loss for the six months ended 30 June 2021, with loss attributable to owners of the parent ranging from RMB 120.00 million to RMB 145.00 million, as compared to profit attributable to owners of the parent of approximately RMB 17.50 million for the same period of 2020. The Board considers that the main reasons for the expected loss of the Group for the six months ended 30 June 2021 are that the Group has comprehensively promoted the cloud-first and subscription-first strategies, strategically dedicated more resources to its cloud service business and downsized its software business: expanded the size of research and development and sales personnel of cloud service business. As of 30 June 2021, the Group had 1,122 employees in total, representing an increase of 180 employees over the same period of last year; intensified the promotion of Chanjet's cloud finance and taxation brand, and increased the direct cost and expenditure on sales promotion; strategically downsized its software business, with revenue from the software business ranging from RMB 26.00 million to RMB 28.50 million, representing a decrease of approximately 77% to 79% as compared to RMB 124.80 million for the same period of last year; and adopted the long-term employee incentive point scheme, employee share ownership scheme, and long-term incentive bonus scheme in 2019 and 2020, which were included in the current profit and loss of approximately RMB 46.54 million in total, representing an increase of approximately 779% from RMB 5.29 million for the same period of last year. Upon deduction of the impact of these expenses, the Group's loss attributable to owners of the parent for the six months ended 30 June 2021 will range from RMB 73.46 million to RMB 98.46 million.