The board of directors of Great Water Holdings Limited announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and the information currently available, the Group expects to record revenue for the year ended 31 December 2021 of not less than RMB 118.0 million (31 December 2020: RMB 75.6 million); and net loss before tax of not less than RMB 17.0 million (31 December 2020: RMB 104.9 million).