China Shanshui Cement Group Limited provided unaudited consolidated earnings guidance for the three months ended 31 March 2020. The company expects that the losses of the Group for the three months ended 31 March 2020 will increase substantially as compared with those of the same period in 2019. The cement and clinker production base of the Group is located in the northern part of China. Due to the seasonal influence and kiln suspension in winter, the Group mostly records losses in the first quarters. The expected increase in losses for the three months ended 31 March 2020 as compared with those of the same period in 2019 was mainly due to the impact of the COVID-19 (the novel coronavirus infection) pneumonia epidemic, which caused the delay in resumption of work for enterprises and the decrease in the sales volume of cement.