The board of directors of Chaoda Modern Agriculture (Holdings) Limited announced that, based on the information currently available to the Board, the Group is expected to record a significant decrease in the revenue and the loss for the six months ended 31 December 2018 by more than 50% as compared to last year same period. Revenue decrease mainly attributable to the early termination of leasehold farmlands in first half of year 2018 in according with the business operation strategy of the Group.