LAIX Inc. provided earnings guidance for the second quarter of 2021. For the quarter, the company expects net revenues to be between RMB160.0 million to RMB 180.0 million, which would represent a decrease of approximately 19.4% to 9.3% from RMB198.5 million for the first quarter of 2021; and a decrease of approximately 40.6% to 33.2% from RMB269.4 million for the same quarter last year.