Based on a preliminary assessment, the board of directors of Sunfonda Group Holdings Limited expected to record a decrease of no more than 45% in the profit attributable to owners of the parent for the year ended 31 December 2019 as compared to the same period last year. Investors shall note that one of the factors leading to the decrease in profits is that the profit attributable to owners of the parent in 2018 included the gains from the disposal of the non-principal business of a subsidiary, which amounted to RMB 129,864,000.