MOG Holdings Limited approved unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, it is expected that the Group will record a decrease in net profit of approximately 10.9% as compared to the consolidated net profit of approximately RMB 13.8 million in the corresponding year in 2020. However, after excluding the non-recurring listing expenses amounting to approximately RMB 9.8 million for fiscal year 2020 and approximately RMB 1.4 million for the Reporting Period, the Group's net profit is expected to decrease by approximately 41.9% for the Reporting Period when compared with fiscal year 2020, which was mainly attributable to a decrease in revenue of approximately 32.6% for the Reporting Period when compared with fiscal year 2020.