The board of directors of Sunlight Technology Holdings Limited informed the shareholders and potential investors of the company that, based on the information currently available to the Board, the Group is expected to record (i) a decrease in revenue of approximately 26.4% for the year ended 31 December 2020 (the "FY2020") as compared to the same for the year ended 31 December 2019 (the "FY2019"); and (ii) a net loss of approximately RMB 900,000 for the FY2020, as compared to a net profit of approximately RMB 24.0 million for the FY2019.