Guangdong Adway Construction (Group) Holdings Company Limited provided earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a net profit of approximately RMB 4 million for the six months ended 30 June 2021, as compared with a loss of approximately RMB 21 million for the same corresponding period in 2020, an increase of approximately RMB 25 million. The main reasons for the Group's increase in profit are (i) the cost reduction measures taken by the Group in response to the COVID-19 pandemic; (ii) the impact of COVID-19 pandemic has alleviated, resulting in the rebound of the economy and the Group's increased operating revenue; and (iii) during the corresponding period in 2020, the significant impairment provision was made in relation to certain large projects of which the settlement or payment process had been delayed.