China Netcom Technology Holdings Limited provided earnings guidance for the six months ended June 30, 2020. As a result, it is expected that the revenue of the Group will decline significantly when compared to the corresponding period in 2019, and the Group expects to record an unaudited consolidated loss attributable to owners of the Company ranging from approximately HKD 8 million to approximately HKD 12 million for the six months ended 30 June 2020 as compared to an unaudited consolidated profit attributable to owners of the Company of approximately HKD 16.1 million for the six months ended 30 June 2019. The Group will closely monitor the ongoing market development and appropriately adjust its operations of the financial technology services business and the overall strategies of the Group, including the reduction or termination of certain loss-making businesses and the development of the smart retail business, so as to achieve the Group's long-term goal of sustainable development.