China Silver Group Limited provided earnings guidance for the fiscal year ended December 31, 2019. For the period, the company expects to record a net loss attributable to owners of the Company of RMB 50 million to RMB 60 million for FY2019 (which net loss was stated to be RMB 53.9 million in the Unaudited Annual Results Announcement); and excluding the impact of certain one-off and non-cash share-based payment expenses associated with the Group's new jewellery retail segment and certain non-recurring impairment loss on goodwill associated with the Group's silver exchange segment(collectively, the One-off Factors), the Group would have expected to record a year-on-year increase of 35% to 45% in its net profit attributable to owners of the Company for FY2019 on a comparable basis (which increase was stated to be 39.7% in the Unaudited Annual Results Announcement). During the auditing process for the Group's annual results for FY2019, the Company and its auditor have discussed, among other things, the calculation of the cost of sales of palladium associated with the Group's manufacturing segment, and have tentatively come to a view that the cost of sales of palladium used for arriving at certain figures set out in the Profit Warning Announcement and the Unaudited Annual Results Announcement should be adjusted upwards, while the income tax expense should consequentially be adjusted downwards but to a smaller extent. As a result of such adjustments, the Group now expects to record a net loss attributable to owners of the Company of RMB 110 million to RMB 120 million for fiscal year 2019; and excluding the impact of the One-off Factors, the Group would now have expected to record a year-on-year increase of 5% to 15% in its net profit attributable to owners of the Company for fiscal year 2019 on a comparable basis.