The board of directors of the Daohe Global Group Limited announced that based on the preliminary information available to the Directors, the Group is expected to record a total comprehensive loss of not less than USD 13 million (equivalent to approximately HKD 101 million) for the six months ended 30 June 2018. The expected significant loss is mainly due to an impairment loss on goodwill of approximately USD 9.7 million (equivalent to approximately HKD 75.5 million) allocated to the trading and supply chain management services business segment of the Company, taking into account the increasingly challenging and competitive business environment of this segment.