Recently，Songcheng Performing Arts releases 2021 performance forecast，The company’s expected net profit attributable to shareholders of listed companies in 2021 2.5.8 billion to 3.5.8 billion yuan，114 year-on-year increase.72% to 120.43%，Turn losses into profits，Estimated net profit after deducting non-recurring gains and losses 2.0.8 billion to 3.0.8 billion yuan。

Company representation，During the notice period，Digital entertainment platform Hanafang Group’s business is developing 188bet Online Sports Betting and Casino well，Recharge user、Consumer users and operating income、Operating profits show an overall growth trend，Voice Social、Innovative businesses such as overseas social networking were successfully launched and achieved rapid growth。

At the same time，The company continues to pay attention to the consumer needs of young people，Building new consumption scenarios for Generation Z，Take the Wonderful Night event as an example，The number of guests received during the period increased by 384 compared with the same period in 2020.66%，The highest number of night tourists received by Songcheng in Hangzhou in a single day set a new record, Over 60% of the audience are born after 1995，Contains 80、90、The proportion of major consumers including those born after 1995 is close to 95%，Become a new personalized social place for young people during holidays。

In addition，Shanghai Songcheng opened successfully 188bet online sports betting on April 29, 2021，Complete the first layout in first-tier cities，Benefit from the superior location advantage、Broad market space、Diversified performing arts content and rich fare system，Shanghai Songcheng’s overall revenue、Customer source structure、Price per customer、Age structure、Income composition and other aspects are showing good trends。