China Investment and Finance Group Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, the Group is expected that the unaudited consolidated net profit for the Current Year was recorded as compared to audited consolidated net loss for the year ended 31 March 2020 as set out in the 2019/20 annual report of the Company. Such change is mainly attributable to the change in performance of the Group's listed investments and the expected credit loss assessment. The Group recorded net loss on listed investments of approximately HKD 80.1 million in the Last Year, while net gain on listed investments of approximately HKD 20.0 million was recorded in the Current Year. In relation to the expected credit loss assessment, the Group recorded impairment losses of approximately HKD 17.0 million in the Last Year, while reversal of impairment losses is recorded in the Current Year. Taking into account of fair value change on unlisted investments and administrative and other expenses, the Group expects net profit of not more than HKD 10.0 million would be recognized the Current Year.