China Fortune Investments Limited Reports Unaudited Consolidated Earnings Results for the Three Months Ended March 31, 2020

China Fortune Investments (Holding) Ltd is an investment holding company mainly engaged in the wine and cigar products retail and trading business. Together with its subsidiaries, the Company operates business through its five operating segments. The Wine and Cigar Business segment sells red wine, white wine, champagne, whisky and other liquors and spirits, as well as cigar and tobacco. The Golf Business segment sells golf related products including golf club, ball, shoes, glove, clothing and other accessories. The Watch and Jeweler Business segment mainly sells Queensway Watch and jewelries. The Money Lending Business segment is involved in the provision of money lending service. The Other segment is involved in the investment business.