ZMFY Automobile Glass Services Limited provided earnings guidance for the six months ended June 30, 2020. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 (the "Period"), the Group expects to record a net loss of not more than RMB 5,600,000 for the Period as compared to a net loss of approximately RMB 4,320,000 for the corresponding period in 2019. Based on the information currently available, the increase in expected loss is primarily attributable to the followings: the impact of the outbreak of the novel coronavirus (COVID-19) since the beginning of 2020, which has caused significant decline in revenue across most of the Group 's business segments, especially with respect to the first quarter of this year; the continued deficit resulting from the automobile glass business of the Company; and the business consultancy service sector of the Company is further experiencing difficult market environment, causing a substantial decrease in the year-to-date revenue in this sector.