China Shandong Hi-Speed Financial Group Limited provided consolidated earnings guidance for the year ended December 31, 2021. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and information currently available to the company, the Group expects to record a profit after tax of not less than HKD 10 million for the Current Year as compared with a loss of approximately HKD 18 million recorded for the year ended 31 December 2020. The aforementioned turnaround in the Company's net profit was primarily attributable to the substantial decrease in impairment losses on finance lease receivables and loan receivables (net of reversal) of approximately HKD 852 million or 76% from an aggregate of approximately HKD 1,118 million recorded in the Previous Year to an aggregate of approximately HKD 266 million recorded in the Current Year.