Sunfonda Group Holdings Limited provided group earnings guidance for the six months ended 30 June 2020. The group is expected to record a decrease of no more than 40% in the profit attributable to owners of the parent for the six months ended 30 June 2020 as compared to the six months ended 30 June 2019, while the profit attributable to owners of the parent for the Previous Period was RMB 74,820,000. The expected decrease in the profit attributable to owners of the parent for the six months ended 30 June 2020 was mainly due to (i) the impact of the outbreak of the COVID-19 pandemic (the "Pandemic") on Chinese economy at the beginning of 2020. The business operations of the Group was affected by the Pandemic and the subsequent prevention measures; and (ii) the impact of the complex global and domestic macroeconomic environment.