China Partytime Culture Holdings Limited provided earnings guidance for the year ended December 31, 2018. Based on the information currently available to the Group and a preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2018, the Group expects to record a notable decrease in the net profit for the year ended 31 December 2018 as compared with that for the year ended 31 December 2017. Such decrease is primarily attributable to a decrease in orders placed by oversea customers who become cautious after the escalation of the China-U.S. trade dispute. Consequently, there is a decrease in turnover of approximately of 22% and a consequential decrease in gross profit of the Group as compared to those for the year ended 31 December 2017.