OFFCN EDUCATION TECHNOLOGY CO., LTD.
Semi-Annual Performance Estimate 2021The Company and all the directors confirm that the information disclosed is true, accurate,complete and with no false recording, misleading statement or material omission.I. Performance Estimate
1. Estimate period: January 1, 2021—June 30, 2021
2. Estimated performance: Losses
| Item | Current reporting period | Same period of last year |
| Net profit attributable to the shareholders of the listed Company | Losses: RMB 50 million—150million | Losses: RMB 233.0266 million |
| Basic earnings per share (RMB/share) | Losses: RMB 0.0081 / share - RMB0.0243 / share | Losses: RMB0.0378 / share |
II. Pre-audit of the estimated performanceThe estimated performance of this period has not been audited nor reviewed by certified accountants.III. Statement for Performance VariationDuring this reporting period, to achieve the annual business goal, the Company conducts the businesssteadily, puts more investment in R&D, teaching, marketing and OMO platforms, expands the marketproactively, and increases the market share gradually. Therefore, the Company's main business incomeis expected to increase by over 70% on year-on-year basis. Meanwhile, the Company has experiencedits periodical losses due to the double factors: the rising costs from strategic investment and the incomeshortage from multi-provinces joined examination which is held one month in advance in the first halfof the year. During the next stage, with the market pattern which has been laid in the past 6 months, theCompany will strive to create more values and interest for our shareholders by further exploiting itsmarket advantage.IV. Other RemarksThe estimated result above is only preliminary calculation performed by the financial department of the
Company. For the specific financial information, please refer to the Semi-annual Report 2021 to beduly disclosed by the Company. Investors are reminded to exercise caution when making investmentdecisions.Hereby announced.
The Board of Directors of OFFCN Education Technology Co., Ltd.
July 14, 2021