The board of directors of the KangLi International Holdings Limited informed the shareholders of the company (the "Shareholders") and potential investors that, based on a preliminary review of the unaudited consolidated management accounts (the "Unaudited Consolidated Management Accounts") of the Group for the year ended 31 December 2020 (the "Year") and the latest information currently available, the Group expects to record an increase in net profit attributable to equity shareholders of the company for the Year by not less than 150% as compared to approximately RMB 24,698,000 for the year ended 31 December 2019.