Maxicity Holdings Limited provided group earnings guidance for the nine months ended September 30, 2020. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and potential investors that, based on a preliminary review of the unaudited consolidated management accounts of the Company for the nine months ended 30 September 2020 (the "Current Period"), the Group is expected to record a substantial growth in: (1) revenue of more than 30% as compared to that for the nine months ended 30 September 2019 (the "Corresponding Period"); and (2) profit and total comprehensive income attributable to equity holders of the Company of more than 30% as compared to that for the Corresponding Period after excluding the one-off listing expenses and the financial support from the Anti-epidemic Fund. The reasons for the increase in both revenue and profit and total comprehensive income attributable to equity holders of the Company were mainly due to the increase in the number of projects with revenue contributed to the Group and an increase in revenue derived from the relatively larger scale projects during the Current Period.