Sino Gas Holdings Group Limited provided group earnings guidance for the six months ended 30th June, 2020. Based on the currently available information, the board of directors of the company informed the shareholders of the company and potential investors of the company that, the group is expected to record the revenue of not less than approximately RMB 600.0 million for the six months ended 30 June 2020 as compared with the revenue of approximately RMB 673.1 million of the corresponding period in 2019; and a net profit of approximately RMB 3.5 million to RMB 4.5 million for the six months ended 30 June 2020 as compared with a net profit of approximately RMB 10.1 million of the corresponding period in 2019. The Board considered that the changes in results for the Interim Period are mainly due to the following factors: affected by the outbreak of coronavirus disease and the implementation of various traffic control measures, the Group's liquefied petroleum gas (the "LPG") vehicular business and compressed natural gas vehicular business, which have relatively higher gross profit, decreased significantly in the Interim Period as compared with the same period last year, resulting in the decrease of the Group's profit; affected by the replacement of some LPG vehicles with liquefied natural gas and electric vehicles and the intensification of market competition, the sales volume of LPG for vehicles for the Interim Period has dropped significantly; and as the Group increased the sales effort of LPG wholesale business, the wholesale sales volume of LPG increased by approximately 41,000 tons during the Interim Period as compared with the same period last year. As a result, the Group's revenue during the Interim Period has yet to show a significant decline as compared to the same period last year despite the plummet of the global oil price which led to a significant decline in the average unit selling price of LPG during the Interim Period.