BYD Company Limited provided earnings guidance for the first quarter ended March 31, 2021. For the quarter, the company expects net profit attributable to shareholders of the listed company to be in the range of RMB 200 million to RMB 300 million, increase by 77.56% to 166.34% as compared with RMB 112.64 million in the corresponding period last year. Basic earnings per share to be in the range of RMB 0.06 per share to RMB 0.09 per share compared to RMB 0.02 per share in the corresponding period of last year. In the first quarter of 2021, China's economic development recorded steady progress, and new energy vehicles have maintained a good development trend. In the field of new energy passenger vehicles, the company's new model "Han" is widely acclaimed by consumers, and continues to sell well. Although seasonal factors have a certain impact on the sales, the company's new energy vehicles still achieved rapid growth. In the field of new energy commercial vehicles, based on the Group's long established reputation and brand image, the company has made good progress in market development at home and abroad. In terms of fuel vehicle business, Song Plus is a hot seller, and the sales of traditional power vehicles continue to maintain rapid growth. Affected by the price fluctuation of upstream raw materials, the profit of automobile business is yet to be improved. In terms of handset components and assembly business, the Group continues to actively strengthen the cooperation between international customers, therefore to promote the steady development of the business.