Lizhi Inc. provided financial guidance for the fourth quarter of 2020. For the fourth quarter of 2020, the Company currently expects net revenues to be in the range of RMB 370 million to RMB 400 million. The outlook is based on the current market conditions, including those related to the COVID-19 pandemic, and reflects the Company’s preliminary estimates of market and operating conditions, and customer demand, which are all subject to change.