Zall Smart Commerce Group Ltd. board announced that, based on the preliminary assessment of the Group's latest management accounts for the year ended 31 December 2020, it is expected that the revenue of the Group will remain stable as compared to that for the year ended 31 December 2019 and may record a net loss of approximately RMB 1.2 billion to RMB 1.3 billion for the year ended 31 December 2020.